Land

As the economy started to recover (2012 | 2013), an asset class that was one of the latest to recover, development sites prices were undervalued. Until existing real estate assets did not start reaching reposition cost prices, land acquisition remained weak, leading to an opportunity to tap prime locations at reasonable prices awaiting for the next development cycle where significant  appreciation was expected.

Miami, FL

UMA 14, LLC

Entity
UMA 14, LLC
Address
1302 NW 1 Place, Miami, FL 33136
Role
Sponsor
Type
Multifamily/Land Banking
Equity
$620.000
Acquistion Date
20/11/2015
Total Units
6
Stories
3
Total Sqf.
4750
Zonning
T6 8 L
FOR SALE
US$ 975.000
Comment

Multifamily | Section 8 | Land Banking

Edgewater, Miami, FL

Bayloft Development, LLC

Entity
Bayloft Development, LLC
Address
NE 26th Terrace & NE 5th Ave.
Role
Sponsor
Type
Land Banking
Equity
US$ 3.500.000
Acquistion Date
6/4/2013
Total Units
-
Stories
-
Total Sqf.
35.,875 Sqf.
Zonning
-
FOR SALE
-
Comment

-

Edgewater, Miami, FL

OKO Group Affiliate

Entity
OKO Group Affiliate
Address
700 NE 26th Terrace
Role
Arranger
Type
Land Assembly
Equity
US$ 42.737.000
Acquistion Date
2/18/2014
Total Units
-
Stories
-
Total Sqf.
3.15 Acres
Zonning
-
FOR SALE
-
Comment

-

Edgewater, Miami, FL

OKO GROUP

Entity
OKO Group Affiliate
Address
Role
Arranger
Type
Land Assembly
Equity
$54.000.000
Acquistion Date
11/21/2016
Total Units
-
Stories
-
Total Sqf.
1.25 Acres
Zonning
-
FOR SALE
-
Comment

Land Acquisition OKO Group future development site