El-Ad’s Yitzhak Tshuva and Noam Ziv with Savannah Place at 22356 Calibre Court (Google Maps, Linkedin)
El-Ad National Properties sold the Savannah Place apartments west of Boca Raton for $31.1 million, roughly $5 million less than its purchase price 15 years ago.
Records show King of Prussia, Pennsylvania-based Morgan Properties, through affiliate Savannah Place (M-O) Owner, bought the garden-style community from El-Ad National’s affiliate El-Ad Savannah Place.
The 191-unit apartment complex with a pool and tennis court spans 10.5 acres at 22356 Calibre Court. Built in 1988, it totals 177,931 square feet, property records show.
The deal breaks down to $162,738 per unit.
Morgan Properties, founded and led by Mitch Morgan, is a family owned and operated firm that also manages multifamily communities, according to its website. In addition to the recent purchase, it owns nine Florida apartment complexes, including three in Palm Beach County.
COVID-19 Updates
Ferro Bar & Cafe is open for takeout and delivery. Masks are mandatory and hand sanitizer is at the counter.
Ferro Bar & Cafe is a long-established restaurant in Toronto that serves Italian fare including wood-fired pizza, fresh pasta and seafood.
The spot has sat on St. Clair Avenue West, a traditionally Italian neighbourhood, since 1993. Inside, the space narrowly runs all the way to the back alleyway with lots of indoor dining space and a bar front and centre.
The romantically lit restaurant consists of lots of exposed brick, a hand-painted ceiling above the bar and interesting steel decor. Appropriate considering the Italian word, Ferro translates to steel.
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Restaurants join an existing suite of projects shared by the two firms
Washington, DC-based architecture and design firm //3877 has announced a continued collaboration with KNEAD Hospitality + Design, a Washington, DC-based multi-concept boutique restaurant company known for numerous independent restaurant concepts. Collaborating on the architecture, design, and construction of four new local restaurants Mah-Ze-Dahr, National Landing; Mi Casa, Dupont Circle; Gatsby, Capitol Riverfront; and Bistro Du Jour, The Wharfn (shown) the restaurants will join an existing suite of projects shared by the two firms.
Full-service restaurant and bar Mi Casa, Dupont Circle will have a Tex-Mex culinary focus, blending Mexican, Californian, Texan, and New Mexican cuisine and a design scheme to match. Mah-Ze-Dahr’s National Landing outpost will have an 80-seat setup, doubling as a commissary kitchen for the additional Mah-Ze-Dahr locations each of which is known for a signature airy-but-moody aest