KEI expands North Miami-Dade holdings with Aldi-anchored center
KEI Properties added to its North Miami-Dade County holdings after paying $22.5 million for an Aldi-anchored shopping center, as well as taking over a mortgage for the same amount. Three affiliates of North Miami-based KEI, led by Kenneth Israel, bought Palmetto Plaza at 15905, 16101, 16301, and 163
Mormon church pays $153M for 384-unit Boca Raton apartment complex
The Church of Jesus Christ of Latter-day Saints’ real estate investment arm picked up a 384-unit apartment complex in Boca Raton for $152.5 million. The deal marks the church’s continuing investment in South Florida properties over the past two years. The religious institution has made the purchase
Tyko lends $285M to Terra, Sympatico for Mr. C West Palm Beach project
David Martin’s Terra and the Morrison family’s Sympatico Real Estate secured a $285 million construction loan for their planned Mr. C Hotel & Residences West Palm Beach. Tyko Capital, a New York-based real estate firm backed by Elliott Investment Management, is the lender. The developers launched s
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