facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

4101 Ravenswood Road

Triarch Capital Group And Step By Step Management Acquire Airport Commerce Park In Dania Beach For $18.3M
SOLDOffice

Triarch Capital Group And Step By Step Management Acquire Airport Commerce Park In Dania Beach For $18.3M

4101 Ravenswood Road

$18,300,000

Building Size

Asset Type

Office

Closing

Mar 17, 2025

AI

The property involved in the transaction is located at 4101 Ravenswood Road in Dania Beach, comprising a 6.6-acre office complex consisting of four buildings. The sale price for this asset was $18,300,000. The property is situated near the Fort Lauderdale-Hollywood International Airport.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $18,300,000
  • Buyer: Daniel Halberstein, Mario Grosfeld, Stefan Grosfeld & Jorge Linkewer - Triarch Capital Group; Sarah Selcer; Sergio Selcer - Step by Step Management
  • Seller: Mario Henriquez - JCT Management - ACP Partners
  • Lender: Popular Bank
  • Loan Amount: $10,300,000

A collaborative effort led by Jorge Linkewer of Triarch Capital Group and the Selcers resulted in the acquisition of the property. The seller, Mario Henriquez representing JCT Management and ACP Partners, facilitated this lucrative deal, marking a significant transition for the Airport Commerce Park.

Players

Stefan Grosfeld

Triarch Capital Group

Buyer

$152.3M

vol

11 deals

Buyer
TG
Triarch Capital GroupBuyer

Fort Lauderdale Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93