Tricap, Integra Investments & Lndmrk Development Acquire Development Site In Midtown Miami From LV Lending For $23M

A development site located at 3601 North Miami Avenue in Midtown Miami has been sold for $23,000,000. The site spans approximately 1 acre and was acquired by a joint venture consisting of Tricap, Integra Investments, and Lndmrk Development. The seller, LV Lending, completed the transaction with the assistance of brokers Brian de la Fé and John Crotty from Avison Young.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $23,000,000
• Market: Midtown Miami
• Address: 3601 North Miami Avenue
• Buyer: Tricap - David Edelstein, Integra Investments - Victor Ballestas, Lndmrk Development - Alex Karakhanian
• Seller: LV Lending
• Brokers: Brian de la Fé & John Crotty - Avison Young

In addition to the buyer and seller, the deal involved several key individuals. David Edelstein represented Tricap, Victor Ballestas represented Integra Investments, and Alex Karakhanian represented Lndmrk Development. The transaction was facilitated by brokers Brian de la Fé and John Crotty from Avison Young.