FCP® And Mill Creek Residential Trust Acquire Development Site In Broward County For $25M

A development site in Broward County has been sold for $25,000,000. The property, located at 3440 SW 76th Terrace, was acquired by FCP® - Bruce Gago & Mill Creek Residential Trust - Andrea Rowe. The sale was facilitated by Manny De Zarraga, Maurice Habif, Simon Banke, and Ted Taylor of JLL. Mark Sixour and Simon Banke, also of JLL, served as the mortgage brokers in the transaction. This sale marks a significant transaction in the Broward County market.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $25,000,000
• Buyer: FCP® - Bruce Gago & Mill Creek Residential Trust - Andrea Rowe
• Brokers: Manny De Zarraga, Maurice Habif, Simon Banke, and Ted Taylor - JLL
• Mortgage Brokers: Mark Sixour and Simon Banke - JLL

The sale of this development site in Broward County represents a significant investment in the area. It showcases the confidence buyers have in the market and highlights the expertise of the brokers involved in the transaction.