International Basketball Federation FIBA Acquires Office Units At Atlantic Village 4 From Daniel Chaberman
800 Federal Highway
Building Size
6,353 SF
Asset Type
Office
Closing
Jul 20, 2025
About this deal
AI
The property involved in the transaction is an office asset located at 800 N Federal Highway, Hallandale, Florida. This office space spans 6,353 square feet and is situated in the Hallandale Beach market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Asset Address: 800 N Federal Highway, Hallandale, FL
- Market: Hallandale Beach
- Buyer: The International Basketball Federation (FIBA)
- Seller: Daniel Chaberman - Atlantic Village 4
- Buyer's Representative: Alejandro Alvarez - The Keyes Company
- Seller's Representative: Shelly Poston - Gridline Properties
The transaction highlights the involvement of key representatives, including Alejandro Alvarez representing the buyer, The International Basketball Federation (FIBA), and Shelly Poston representing the seller, Daniel Chaberman of Atlantic Village 4. The seller expressed excitement about the sale, indicating the significance of FIBA as a global organization in enhancing the profile of Atlantic Village as a mixed-use destination.
On the Map
Office
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Hallandale Beach Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93