MIAMI, FL - Miami-based real estate investment firm Circle Capital Partners, which specializes in multi-family acquisitions and development, land entitlement, and private and institutional capital raising, has completed the $22.22 million purchase of Heron Landing, a 144-unit apartment complex in the fast-growing Sunrise, Florida area.
Circle Capital arranged financing through Graystone Service Co. and will retain Weller Management to manage the 159,722-square-foot, 9.2-acre property built in.
/PRNewswire/ Circle Capital Partners a new Miami-based real estate investment venture specializing in the acquisition, development, and capital raising.
NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided $23,479,000 in Freddie Mac Optigo® financing for the acquisition of a 178-unit multifamily property in Davie, Florida. The transaction was originated by Richard Kourbage, Managing Director in Greystone’s New York office, on behalf of Circle Capital Partners and LRE Management.
The non-recourse $23.5 million Freddie Mac loan carries a fixed rate with a 10-year term, a 30-year.