• Fri. May 13th, 2022

Company real estate brokers record multi-family sale as more New York investment groups enter Florida real estate

MIAMI – (COMMERCIAL THREAD) – A 241-unit multi-family property in Tampa, Florida called Casablanca at University Apartments near the University of South Florida has just been traded at an undisclosed price to Bayview Partners of New York. Bayview Partners is a NYC investment firm with a wide range of US properties in its portfolio. Milestone Capital Ventures was also involved in the sale on the buyer’s side of the transaction, but details were not disclosed. The property has secured debt financing from Jonathan Singer of Strategic Funding. Structure Capital based in Fort Lauderdale was the seller represented by Cyril Bijaoui of The Company Real Estate located in Miami, FL. Cyril Bijaoui, the president of the company, said that this sale had met their expectations without revealing the details. “Multifamily remains the strongest asset class with such pent-up demand, particularly in Florida, mainly from the northeastern United States. Bringing this asset to market resulted in nearly three hundred signed confidentiality agreements and countless calls and emails, all in the weeks after signing up. .. it was something to see, “said Cyril Bijaoui. The property is located at 14350 North 22nd Street in Tampa, Florida.

For any inquiries, please contact Cyril Bijaoui at The Company Real Estate, 305-447-1471, [email protected], www.thecompanyrealestate.com

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