Representative Transaction « Sovereign Real Estate Group

Representative Transactions

Located in Pompano Beach, FL.
Consists of 58 units.
Sovereign was hired by an in place receiver to perform leasing and marketing to the residential end-user community.
Conducted a thorough market analysis to pinpoint realistic current market rent levels and projected lease up timeline.
Fully stabilized the property in a very short period of time with current occupancy at 100%
Immediately following asset stabilization, Sovereign arranged the asset sale. The buyer valued Orchid Grove on a capitalization rate basis.

Located in Miami Lakes, FL.
Consists of 31,011 sq. feet of office space.
Sovereign Real Estate orchestrated a sale lease back with the existing owner user of the building.
Sovereign Real Estate arranged debt for the buyer who acquired the building.

Located in Jacksonville, FL.
Consists of 80 units.
Sovereign Real Estate sourced the initial sale directly from a Regional Bank and sold it to a private investor.
At the time of sale, the project was 33% leased.
Sovereign is handling all the rehab and leasing efforts and within a few months the property will be stabilized.
Immediately following asset stabilization, Sovereign will market the property on a capitalization rate basis.

Located in Homestead, FL.
Sovereign Real Estate Group orchestrated a transaction between a local premier home builder and a national home builder.
Transaction consisted of 72 vacant developed townhome lots within the Florence at Crystal Lakes subdivision.

Located in Miami, FL.
Consists of 60 units.
Sovereign Real Estate sourced the initial note sale directly from a Regional Bank and sold it to an opportunity fund.
At the time of sale, the project was 0% leased.
Sovereign handled all leasing efforts and within a few months stabilized the property. As of April, 2010 the project was approximately 95% leased
Immediately following asset stabilization, Sovereign arranged the asset sale. The buyer valued Vista Del Rio on a capitalization rate basis.

Located in Homestead, FL.
Sovereign arranged a bulk sale of 100 newly-constructed condominiums, single family homes and townhouse units built by Caribe Homes.
The properties are located within four planned communities.

Located in Homestead, FL.
Sovereign Real Estate Group represented a private investment firm in acquiring 556 vacant developed land lots.
This transaction represented a distressed buying opportunity.

Located in Cape Coral, FL.
Fractured condominium deal 56 built condos with 7 pads for an additional 56 units to be built.
Sold 42 units out of 56 total built units.
The asset represented an REO property and the transaction was sourced directly through contacts within the banking industry.
Sovereign is now consulting new ownership on investment hold strategy/options.

Located in Homestead, FL.
Consists of 46 homes.
Sovereign was retained by a local owner/operator to handle all retail sales and marketing of the project.
Sovereign has successfully sold out the project ahead of initial projections (within 6 months) and was featured in the Daily Business Review.
Sovereign also oversaw the mortgage lending operation at the property which facilitated sales.

Located in Dania Beach, FL.
Consists of 27 townhomes and 12 single family homes.
Partially Completed luxury residential waterfront community with direct Access to the Atlantic Ocean.
Original retail home pricing in excess of $500k.
Sovereign was hired to execute the end-user sales program.

Located in Miami, FL.
Consists of 48 units.
Sovereign was hired by the developer to perform sales and marketing to the residential end-user community.
Conducted a thorough market analysis to pinpoint realistic current market pricing levels and projected sales velocity.
Met with local area appraisers to insure that the homes will appraise when end-users look to secure financing.
Sovereign brought in a direct lender to facilitate closings.

Located in Miami, FL.
Consists of 21 units.
Sovereign was hired by a private fund to perform sales and marketing to the residential end-user community.
Conducted a thorough market analysis to pinpoint realistic current market pricing levels and projected sales velocity.

Located throughout Miami, FL
Over the past year Sovereign has successfully closed over 150 homes.
Sovereign was hired by a local fund to oversee single family home acquisitions on a mass scale with a short-term investment horizon.
Sovereign handles leasing and retail sales of the portfolio.

Value-add motel located on direct beachfront in Hollywood, FL.
The property consists of 20 motel rooms.
Purchased by a private investor who intended to rehab and stabilize the property.