Lior Raviv Purchases Mixed-Use Property In Hollywood From Peter Pecora For $10 Million

A mixed-use asset located at 509 Federal Highway & 1711 Fillmore Street in Hollywood was sold. The transaction involved a total sale price of $10,000,000, covering 62,669 square feet, which establishes a price per square foot of $159.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $10,000,000
• Address: 509 Federal Highway & 1711 Fillmore Street
• Market: Hollywood
• Square Footage: 62,669
• Price Per Square Foot: $159
• Buyer: Lior Raviv
• Seller: Peter Pecora
• Buyer's Representative: Avigail Gayer - Beachfront Realty

This transaction highlights the involvement of Lior Raviv as the buyer and Peter Pecora as the seller. The buyer was represented by Avigail Gayer from Beachfront Realty, who noted that this sale involved a full city block in Hollywood, Florida incorporating hotel and multifamily components.