Diego Lobeto Buys Retail Property From Michael Pulwer For $1.575M In Hollywood
North Federal Highway
$1,575,000
$1,312/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Jan 13, 2026
AI
The property asset involved in the transaction is a retail asset located at 1080-1090 N Federal Hwy, Hollywood. The sale price for the property was $1,575,000, with a total square footage of 1,200. The price per square foot is recorded at $1,312.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,575,000
- Address: 1080-1090 N Federal Hwy
- Market: Hollywood
- Square Footage: 1,200
- Price Per Square Foot: $1,312
- Buyer: Diego Lobeto
- Seller: Michael Pulwer
- Brokers: Grant Steinberg & Rob Goldberg - Matthews
The transaction features Diego Lobeto as the buyer and Michael Pulwer as the seller, with representation provided by brokers Grant Steinberg and Rob Goldberg from Matthews. The deal reflects a completed exchange between the involved parties in the Hollywood retail market.
Players
Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93