Sovereign News
Sovereign leases outpatient surgical center at the West Kendall Medical Pavilion
By teckpert
May 8, 2012
Sovereign Real Estate Group recently leased a 7,072 sq. foot outpatient surgical center at the West Kendall Medical Pavilion located at: 11801 SW 90th Street Miami, FL. Sovereign represented both the landlord and tenant in the long term lease option.
Sovereign Real Estate Group recently closed a 74,813 sq. foot lot zoned for 180 condominium units at 950 Red Road located in Coral Gables, FL. Sovereign sourced the deal directly from a regional bank and represented the buyer in the acquisition.
Sovereign Completes Short Sale of Oasis at Antilla in Coral Gables, FL
By Marcos Egipciaco
Dec 20, 2011
Sovereign Real Estate Group recently closed a package of fractured condominium at Oasis at Antilla located in Coral Gables, FL. Sovereign handled the short sale.
Sovereign Real Estate Group recently closed 67 units at Amanda Palms Apartments located in Hialeah, FL. Sovereign handled the short sale.
Sovereign Real Estate Group orchestrated a transaction that consisted of 58 townhome units located in Pompano Beach, FL.
Sovereign was hired by an in place receiver to perform leasing and marketing to the residential end-user community. Sovereign conducted a thorough market analysis to pinpoint realistic current market rent levels and projected lease up timeline.
Sovereign fully stabilized the property in a very short period of time with current occupancy at 100%. Immediately following asset stabilization, Sovereign arranged a bulk sale of all 58 townhomes. The buyer valued Orchid Grove on a capitalization rate basis.
Sovereign Real Estate Group orchestrated a sale lease back transaction. Transaction consisted of 31,011 sq feet of office space located in Miami Lakes, FL.
Sovereign Real Estate Group recently closed 80 units at Ortega Village Apartments located in Jacksonville, FL. Sovereign sourced the initial sale directly from a regional bank and sold it to a private investor. 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.
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 in Homestead, FL.