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Press Releases

ARBOR REALTY TRUST - $44M Loan on a FLorida Multifamily Buy- Advised by ACE

“By implementing a more structured approach to the management infrastructure and executing extensive repairs and renovations, our team was able to increase rent by over 30 percent,” Mehaber

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CUSHMAN & WAKEFIELD- $27.5M sale to TLR Group on behalf of ACE

Cushman & Wakefield arranged the sale of River Pointe Apartment Homes, a 212-unit apartment community located in Tampa, Florida.

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CUSHMAN & WAKEFIELD - $41.25M Sale on behalf of ACE

Cushman & Wakefield arranged the sale of Parc Place Villas, a 300-unit apartment community located in Tampa, Florida.

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BERKADIA - $33.2M Sale on behalf of ACE

“Miami Gardens is on the brink of a renaissance,” said Eyal Mehaber
Berkadia has arranged the sale of Park Plaza Apartments, a 234-unit elevator-served community located in Miami. The property sold for $33.2 million, or $141,880 per unit.

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Oakland Park apartment complex sells for $13.5M, a 35% gain

Oasis Square, managed by Eyal Mehaber and Felice Mehaber of ACE in Hollywood, sold the 141-unit complex at 3870 N. Andrews Ave. and 131 to 161 N.E. 38th Street.

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ACE, Tower Capital buy Miami Gardens apartments for $33M

A joint venture between ACE and Tower Capital Group paid $33.2 million for an apartment complex in Miami Gardens.

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ACE acquires 45 acres of vacant land St. Cloud for $9.5M

ACE acquired the property from Harmony Retail LLC for $9.5 million and plans to develop a 237,500-square-foot warehouse and 20,000 square feet of commercial space on the site.

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Newmark Facilitates Sale of Three Multifamily Properties in South FL for $133M

Coastline was able to raise the rent by over 30% across the board. According to Mr. Mehaber, “When Coastline enters a new project, we immediately roll up our sleeves and address the issues that affect the occupancy and collections."

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