From tithing to landlording: Mormon church drops $240M on Boca Raton apartments
The real estate investment of the Church of Jesus Christ of Latter-day Saints paid $240 million to acquire an apartment complex in Boca Raton, marking one of the priciest multifamily deals in South Florida this year. Records show an affiliate of the LDS Church’s Property Reserve bought the Uptown B
Under contract: Al Capone’s former Miami Beach property
The waterfront property that once belonged to the late mobster Al Capone will soon have a new owner. The pending deal for the property, asking $23.5 million, is one of 18 luxury home contracts signed in Miami-Dade County between April 27 and May 3, according to the weekly report by Douglas Elliman’
LeFrak beefs up portfolio with $180M riverfront tower in Fort Lauderdale
The Pérez family’s Related Group sold an apartment tower on downtown Fort Lauderdale’s riverfront for $180 million, as deal flow persists despite a stubborn oversupply of apartments in South Florida. New York-based LeFrak Organization bought the 36-story, 337-unit Harbour at New River Apartments at
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