Lakeside apartments trade for $47 million

A Miami-based real estate duo has snapped up the Lakeshore at University Park apartment complex in Miramar for $46.8 million, according to Broward County records. The buyer was Miami-based Lake Vista Apartments LLC, a collaboration between CFH Group’s Tom Cabrerizo and real estate developer Sheldon Lowe. The seller was California-based Fairfield Pier Club LLC. The…

Storage facility trades for $25 million

A Doral storage facility at 10451 N.W. 33rd Street was sold for $24.8 million, according to Miami-Dade County records. The 182,566-square-foot lot was sold by Delray Beach-based Abby Mini Storage Limited Partnership to Delaware corporation SST II 10451 NW 33RD St. LLC. Jeffrey Pechter, founder of Palm Beach County’s Mindful Group, signed the deed as…

EXCLUSIVE: Aventura’s Turnberry Associates is behind Nashville’s luxury JW Marriott hotel

Miami-based Turnberry Associates is on the brink of building a luxury JW Marriott that would be downtown Nashville’s third-largest hotel. It would be the third headline investment in Nashville for Turnberry Associates since 2000, when the company opened the Hilton Nashville Downtown. Metro has just granted the necessary building permits, and Goldman Sachs is financing…