Sovereign Real Estate Group has been involved in over $300 million of commercial real estate transactions since its founding, and currently has a commercial pipeline in excess of $150 million across South Florida.
That experience has included the selling of land to groups and facilitation of joint ventures between firms that has led to the groundbreaking of hundreds of units for commercial development, with examples being Gables Gate Tower & Gables Prado in 2014, which are adjacent to one of the most desirable communities in Miami – Coral Gables. Soleste Alameda is breaking ground soon for 306 units in the City of West Miami and that will be a $100 million transaction. Such deals have ultimately generated 30-70% deal-level IRRs for Sponsor investor groups.
These pipeline projects are valued at over $150 million and the developer is expecting to break ground on them in the near-term. Sovereign’s network and expertise will allow the Company to be a valuable partner for these types of commercial projects, and will provide Limited Partners the opportunity to earn high above market risk-adjusted returns.Contact us