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The development team of Bizzi & Partners Development, Silverback Development and Corvin Capital, LLLC acquired earlier this year the one-acre parcel at 100 SW 6th St. in Fort Lauderdale for $12 million.
Capital from a fund called the Impact Pool will be used to bridge the gap between traditional mortgage financing and charitable contributions with mezzanine investments.
The project is an integral part of Hackensack's Rehabilitation Plan, a long-term redevelopment plan developed by city officials, local business leaders, and real estate professionals to attract smart, long-term growth to the city.
“The offering at AFC with the newly available space provides an opportunity to enhance the overall property ecosystem while ensuring seamless operations efficiently and fiscally,” says Transwestern's Greg Frankum.
Retail investors are looking at more than just buying and selling, and CBRE's Matt LoPiccolo is developing a full-service approach to retail investment.
As a result of population growth created by the concentration of multiple corporate headquarters, PMRG acquired land for the development of a 215,000-square-foot 200-unit senior living community.