$35m conversion deal.CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) | Melody's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office has arranged $35,390,000 in acquisition/bridge financing for a 160-unit garden apartment complex known as Gulfstream Harbor in Boynton Beach Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla. The loan was arranged on behalf of Time Equities, Inc. Keith Braddish, senior director, along with Jason Gaccione, associate director, secured funding for this transaction with Fremont Investment & Loan's Atlanta office, which covers the South Florida market. Fremont Investment & Loan was represented by Greg Newman and Lance Thurman. Braddish commented, "This is a great opportunity to turn a Class B multi-family property into a luxury condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. offering." "The planned improvements and attractive waterfront location will attract many interested buyers," he added. Gulfstream Harbor Apartments, built in 1975, consists of 179,700 s/f divided among five, four-story apartment buildings situated on a 5-acre site. |
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