ACORE Capital & Dekel Capital Provide $47.5M Loan For Miami Apartment Community

1662 Celebration Boulevard, Celebration, FL, USA

$47,500,000

$163/SF

Building Size

290,000 SF

Asset Type

MultiFamily

Closing

Apr 15, 2019

AI

An apartment community located at 1662 Celebration Boulevard in Miami's Celebration market has been involved in a recent transaction. The property, consisting of 306 units, attracted attention from various parties in the real estate industry.

Summary of transaction details:

Property Type: Apartment community
Transaction Amount: $47,500,000
Address: 1662 Celebration Boulevard
Market: Celebration
City: Miami

The loan for this transaction was provided by ACORE Capital and Dekel Capital, represented by Shlomi Ronen. CGI Strategies, led by Gidi Cohen, acted as the landlord in the deal. The brokers involved in this transaction were Shelton Granade Jr. and Luke Wickham, who represented the buyers and sellers as part of CBRE.

Players