Mill Creek Residential Acquires Mixed-Use Property From Nova Southeastern University For $25M

The property located at 3400 S University Dr, Fort Lauderdale, was involved in a recent transaction. This mixed-use asset was sold for $25,000,000.00. The sale took place in Davie, involving the seller's representatives Manny de Zarraga and Simon Banke from JLL. The buyer of the property was Mill Creek Residential, with the seller being Nova Southeastern University.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $25,000,000.00
• Address: 3400 S University Dr, Fort Lauderdale
• Market: Davie
• Seller's Rep: Manny de Zarraga(JLL), Simon Banke(JLL)
• Buyer: Mill Creek Residential
• Seller: Nova Southeastern University

The transaction's key individuals included the seller's representatives Manny de Zarraga and Simon Banke from JLL. The buyer, Mill Creek Residential, was represented in the deal. Nova Southeastern University acted as the seller of the property, closing a significant deal in the Davie market.