Astepahead

The Retreat at Vista Lake is a 640-unit property built in 1990 and located in Fort Myers, FL. The Retreat at Vista Lake was acquired by TruAmerica~ SIENNA VISTA FEE OWNER LLC during the 3Q of 2017 for $66,000,000. Prior ownership completed renovations to the common area amenities and building ex...

           Seller: SOF-X GS OWNER LP           SE GULFSTREAM ISLES GP LLC         Buyer: LURIN REAL ESTATE HOLDINGS XVI LLC    Current Sale Date: July 31, 2019 Sales Price: $109,000,000  Price per unit: $116,453  Prior Sale Date:10/05/2016Prior Sale Amount: $95,250,000.00 Price Per Unit: $101,76...

According to the Lee County Clerk of Court Official Records, Channelside Apartments sold on August 1st, 2019 for a record $65,200,000.   Buyer: Riverside Sunshine Investments, a Delaware Registered LLCSeller: Channelside Apartments LLC Address and link to Lee County Property Appraiser: 15241-330 ...

 CRE Cape Harbour Land LLC and CRE GS Properties LLC sold the vacant commercial tracts to LDC Cape Harbour Holdings LLC on February 27, 2019 . The amount paid for the properties according to Lee County Official Records is $4,555, 200.00. and $1,284,800.00.  The deeds were transfered by Tina Fisch...

If your time to youIs worth savin'Then you better start swimmin'Or you'll sink like a stoneFor the times they are a-changin'. Bob Dylan I don't need to attend a fancy Market Watch event to figure out the cycle of real estate is changing, but I do enjoy listenin' to the Bob Dylan Song-The Times th...

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, brokered the $21.3 million ($114,245 per unit) fractured sale of Cobblestone on the Lake, a 290-unit community in Fort Myers, Fla. The sale took place on February 7tth, 2019.  The deed transfer was handled by Charles S...

The Riverwalk Apartments sold February 12, 2019 for $6,025,000Seller:   VICTORIA RIVERWALK LLCc/o DAVID BERNSTEIN 10800 BISCAYNE BLVD STE 735MIAMI FL 33161Buyer:  PEDCOR HOUSING CORPORATION 770 3RD AVE. SWCARMEL, IN 46032 The Riverwalk is an apartment community overlooking the Caloosahatchee Rive...

Aslan Realty Advisors suggests this transaction is one that real estate professionals should be watching as a marker in the current real estate cycle.   Lee County, FL Residential Property Portfolio transfer: $9,430,059.00 Mortgage Amount: $22,761,000.00 Seller: RHA 2-SW FL LLC 3505 KOGER BLVD ST...

NF II/CI FORT MYERS AIRPORT, LLC DBA Marriott Springhill Suites Fort Myers Airport located at 9501 Market Place Rd Fort Myers, Florida 33912 for $13,325,000.00 to SREIT CM FORT MYERS PROPCO, LLC. The transaction closed on January 11, 2019 according to the Lee County Clerk of Court. SREIT CM FORT ...

BRE DDR BR NORTHPOINT FL LLC  an affiliate of Blackstone Real Estate sold the Northpoint Shopping Center located at 1811-1847 NE PINE ISLAND RD CAPE CORAL, FL to ALTO NORTHPOINT LP for $17,836,000.00 on January 10, 2019.  ALTO NORTHPOINT LP obtained a mortgage from Wells Fargo Bank in the amount ...