Yoram Izhak Of IMC Equity Group Purchases Mixed-Use Property From Masoud Shojaee For $80.9M

This mixed-use property, located at 429 Northwest 54th Street in Hialeah, was sold for $80,900,000.00. The asset comprises 304 units with a total square footage of 451,817.0.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $80,900,000.00
• Buyer: Yoram Izhak - IMC Equity Group
• Seller: Masoud Shojaee - Shoma Group
• Units: 304
• Square Footage: 451,817.0
• Date of Transaction: 03/18/2025
• Market: Hialeah

Yoram Izhak represents IMC Equity Group in this transaction, while Masoud Shojaee represents Shoma Group. Both individuals played key roles in facilitating the sale of the property.