Silverhawk Apartments & Centre

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    Colliers International South Florida's Gerard Yetming, Mika Mattingly, Mitash Kripalani and Julian Zuniga represented the seller in the deal and also procured the buyer. The sale price breaks down to $228,750 per unit.

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    The company has traded the 45-acre manufactured housing community in El Monte, Calif. as an off-market transaction.

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    The upcoming apartment community will be located on a former fuel farm, previously owned by Hess Corp. River Development acquired the facility in 2014, and has since demolished it, preparing the riverfront for luxury apartments.

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    A senior economist with the National Association of Home Builders (NAHB) supplied commentary and data about multifamily starts, price indices, existing condo sales and building materials.

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  • Aztec Group Closes $9M Equity Financing for Orlando Community

    The company arranged the financing for the development of San Mateo Crossing on behalf of a private, Miami-based family office, which will serve as co-general partner in the project.

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