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Dev Motwani

Dev Motwani

President and CEO

Member since August 2022

$539M

Volume

$154M

Sold

$385M

Financed

11

Closed

8M sf

Area
AI SummaryBeta

Dev Motwani is a broker specializing in MultiFamily properties, with a total volume of $539M and 11 closed deals. Recent transactions include securing an $80 Million refinance loan for a multifamily project and acquiring a development site in Fort Lauderdale for $6.4M.

AI-generated from Traded deal data. May contain errors.

About

Dev Motwani serves as President and CEO of Merrimac Ventures, a Fort Lauderdale-based real estate firm that focuses on value-add investment and development opportunities. Property types owned and operated include hotels, condos, retail, office, and rental apartments primarily in South Florida but also throughout the United States. Dev is also Found...

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Focus

MultiFamily
Development Site
Office
Retail
Sale
Loan

Member since August 2022

Deals

SOLD

Robert Rossi Acquires Retail Property In Zephyrhills For $6.4 Million From Dev Motwani And Dale Reed

$136/SF

38923 County Road 54, Zephyrhills, FL

FLCRE
Dev Motwani
Dylan Morse
Justin Sturdivant
Dec 22, 2026
FINANCED

Driftwood Capital MV Real Estate Holdings Merrimac Ventures Secures $145 Million Construction Loan From Centennial Bank

114 Southwest North River Drive, Miami, FL

FLCRE
Dev Motwani
AM
Carlos Rodriguez, Jr.
Oct 26, 2026
SOLD

Stuart Carlitz Acquires Duplex Penthouse At Waldorf Astoria Residences Pompano Beach For $17.1M

$2,590/SF

1350 South Ocean Boulevard, Ozona, FL

FLCRE
Dev Motwani
Jon Paul Pérez
Jun 4, 2026
SOLD

Dev Motwani Of Merrimac Ventures Acquires Office And Retail Properties In Fort Lauderdale For $7.35M

$363/SF

400 N. Andrews Avenue, Fort Lauderdale, FL

FLCRE
Dev Motwani
Mar 26, 2026
FINANCED

Related Group And Merrimac Ventures Secure $160 Million Construction Loan From Bank OZK For Pompano Beach Project

1350 South Ocean Boulevard, Pompano Beach, FL

FLCRE
Dev Motwani
Jon Paul Pérez
Nick Pérez
Jun 5, 2025
FINANCED

Dev Motwani And Nitin Motwani's Merrimac Ventures Secures $80 Million Refinance Loan For 306-Unit Plantation Multifamily

$266/SF

1711 North University Drive, Plantation, FL

FLCRE
Brad Williamson
Mitch Sinberg
Matthew (Matt) Robbins
Dec 23, 2024
SOLD

Dev Motwani Acquires Office Building In Fort Lauderdale For $2.1M

$831/SF

421 North Andrews Avenue, Fort Lauderdale, Florida 33301, United States, Fort Lauderdale, FL

FLCRE
Dev Motwani
Alan C Hooper
Sep 25, 2022
SOLD

Dev Motwani Acquires Development Site In Fort Lauderdale For $6.4M

$284/SF

407 North Andrews Avenue, Fort Lauderdale, Florida 33301, United States, Fort Lauderdale, FL

FLCRE
Jaime Sturgis
Dev Motwani
Kaley Tuning
Aug 28, 2022
SOLD

Moshe Oppenheim Acquires Office Building In Fort Lauderdale For $2.2M

$1,232/SF

303 Northwest 1st Avenue, Fort Lauderdale, Florida 33301, United States, Fort Lauderdale, FL

FLCRE
Dev Motwani
Jun 13, 2022
SOLD

Adam Neumann Acquires Retail Property In Fort Lauderdale For $17 Million

$1,030/SF

301 Southwest 1st Avenue, Fort Lauderdale, Florida 33301, United States, Fort Lauderdale, FL

FLCRE
Douglas K. Mandel
Tyler Kuhlman
Dev Motwani
Feb 17, 2022
SOLD

Sterling Equities Acquires Multifamily Asset In Pompano Beach For $95.3M

$12/SF

1333 South Ocean Boulevard, Pompano Beach, FL, USA, Pompano Beach, FL

FLCRE
Kewsong Lee
Fred Wilpon
Dev Motwani
Dec 10, 2020