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Skylight Real Estate Partners, Panther Capital, And Arden Group Acquire Edgewater Development Site For $20M

1836 Biscayne Boulevard
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This Development Site property located in FL was sold for $20,000,000 about 2 years ago. The brokers of the deal were Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota

A development site located at 1836 Biscayne Boulevard in Edgewater has been sold for a total of $20,000,000. The property was purchased by Skylight Real Estate Partners, Panther Capital Management, and Arden Group from Fifteen Group. This development site in Edgewater offers great potential for future construction and is a valuable asset in the market. With 364 units, the price per unit for this transaction stands at $54,945.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $20,000,000
  • Address: 1836 Biscayne Boulevard
  • Market: Edgewater

Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota from Berkadia represented both the buyer and the seller in this transaction. Their expertise and negotiation skills played a crucial role in closing this deal successfully. This collaboration between Skylight Real Estate Partners, Panther Capital Management, Arden Group, and Berkadia highlights the strong relationships and teamwork within the real estate industry.

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  • Location
    1836 Biscayne Boulevard1836 Biscayne Boulevard
  • Sale Price
    $20,000,000$20,000,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Jose Mota

Jose Mota

Deals19
Sold$1B

Roberto Pesant

Roberto Pesant

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Sold$1.7B

Omar Morales

Omar Morales

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Sold$1.8B

Jaret Turkell

Jaret Turkell

Deals35
Financed$2B

Agency

Berkadia

Berkadia

Agency
Deals1087
Volume$45.7B

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Deal Summary

SALE IMAGE: Jaret Turkell, Roberto Pesant, Omar Morales & Jose Mota DATE: 01/03/2022 ADDRESS: 1836 Biscayne Boulevard MARKET: Edgewater ASSET TYPE: Development Site BUYER: Skylight Real Estate Partners, Panther Capital Management and Arden Group SELLER: Fifteen Group BROKERS: Jaret Turkell (@Deal_Crush), Roberto Pesant (@RJPesant), Omar Morales (@OmarMora1es) & Jose Mota (@JoseRMota) - Berkadia SALE PRICE: $20,000,000 UNITS: 364 ~ PPU: $54,945

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1836 Biscayne Boulevard

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