Longtime Industry Veterans Join Forces To Sell Adjacent Waterfront Multifamily Buildings

Longtime industry veterans Judith (Judy) A. Dolan, Senior Vice President with Levy Realty Advisors, LLC, and Stephen Hyatt, Senior Vice President with Berger Commercial Realty, joined forces to sell two adjoining properties in Fort Lauderdale, Florida. Dolan and Hyatt represented the sellers in the combined $16 million transaction.  The first building, an off-market, 14-unit, ±9,868-square-foot apartment building with 4 boat… Continue reading Longtime Industry Veterans Join Forces To Sell Adjacent Waterfront Multifamily Buildings

Levy Acquires Gardens Pointe for $16.8 million

Alan Levy, Broker & President of Levy Realty Advisors has arranged the acquisition of Gardens Pointe on behalf of the buyer, Sunnyfield South LLC. Located at 3507 Kyoto Gardens Drive, Gardens Pointe is a boutique Class A office building totaling 34,867 square feet located in Palm Beach Gardens, Florida. The final sale price was $16.8… Continue reading Levy Acquires Gardens Pointe for $16.8 million

Twice as Nice – Silberling Sells, then Leases Miami Gardens Office/Warehouse

It’s always great to put a deal together, but Ken Silberling of Levy Realty Advisors doubled down by not only selling the property, but also negotiating a long-term lease. Silberling represented the buyer SPMG Holdings, LLC in the $4.08 million acquisition of the 27,000 square foot former Craig Electronics headquarters at 1160 NW 163rd Drive… Continue reading Twice as Nice – Silberling Sells, then Leases Miami Gardens Office/Warehouse

Biden’s Proposal To Cut 1031 Exchanges May Be “Tremendous Blow” To Real Estate, Say Experts

A Florida condominium’s deadly collapse could force stunned engineers and architects, homeowners associations and local officials to address questions about whether they’ve done enough to maintain other decades-old buildings — and who should foot the bill for more frequent inspections and improvements. “I don’t think anyone in the structural engineering community saw this type of… Continue reading Biden’s Proposal To Cut 1031 Exchanges May Be “Tremendous Blow” To Real Estate, Say Experts

CRE Investors Hedge Bets In Suburbs Despite Hope For Urban Office Revival

A Florida condominium’s deadly collapse could force stunned engineers and architects, homeowners associations and local officials to address questions about whether they’ve done enough to maintain other decades-old buildings — and who should foot the bill for more frequent inspections and improvements. “I don’t think anyone in the structural engineering community saw this type of… Continue reading CRE Investors Hedge Bets In Suburbs Despite Hope For Urban Office Revival

Property Prices Are Now Only 1% Below Pre-Pandemic Levels

A Florida condominium’s deadly collapse could force stunned engineers and architects, homeowners associations and local officials to address questions about whether they’ve done enough to maintain other decades-old buildings — and who should foot the bill for more frequent inspections and improvements. “I don’t think anyone in the structural engineering community saw this type of… Continue reading Property Prices Are Now Only 1% Below Pre-Pandemic Levels

CRE Investors Hedge Bets In Suburbs Despite Hope For Urban Office Revival

A Florida condominium’s deadly collapse could force stunned engineers and architects, homeowners associations and local officials to address questions about whether they’ve done enough to maintain other decades-old buildings — and who should foot the bill for more frequent inspections and improvements. “I don’t think anyone in the structural engineering community saw this type of… Continue reading CRE Investors Hedge Bets In Suburbs Despite Hope For Urban Office Revival