West Palm Beach Office

Cushman & Wakefield, as exclusive advisor, is pleased to present The Orlando Value Add Portfolio, an opportunity comprised of two garden-style apartment communities totaling 1,024 units in Orlando, Florida (the “Portfolio”). The Portfolio offers the rare opportunity to acquire immediate critical mass in one of the nation’s most sought after investment markets. With the metro’s stellar growth projections and largely original interior finishes, new ownership will be well positioned to generate tremendous revenue upside through a comprehensive value add program at both properties.

Cushman & Wakefield is pleased to present the opportunity to acquire, on a presale basis, Barton Court, a Class A, 50-unit, townhome, build for rent community (the "Property"). The Property consists of nine existing townhomes delivered in 2008 and 2018, and 41 townhouse units currently under construction. The Property is located in St. Cloud, FL, which is part of the fast growing Orlando Metro. The Property’s location in the southeastern portion of the Orlando metro places it directly in the path of growth, as the metro’s natural geographic barriers funnel new growth south.

Cushman & Wakefield, as exclusive agent, is pleased to present the opportunity to acquire The Citrus Growth Portfolio, a landmark offering encompassing 12 communities and totaling 3,976 units in three of the nation’s fastest growing markets - Orlando, South Florida, and Sarasota/Bradenton. The Portfolio offers immediate critical mass in one of the nation’s most desirable and high-growth regions as well as the opportunity to meaningfully increase rents through interior improvements. Though well maintained, unit interiors are over 90% original finishes, and the majority of interiors renovations were completed over a decade ago. The Portfolio has benefitted from a long history of institutional ownership and is in good physical condition, allowing the buyer to concentrate capital on revenue-generating improvements.

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Mareas at Botanica (the “Property”) – a Class-AAA, 408-unit luxury garden apartment home community located in Miami, Florida. The property recently stabilized and offers an investor the opportunity for an additional 192-units within the future Phase II of the property. Designed with a commitment to quality, the property is set on 18 acres within 18 three-story buildings and an average unit size of 1,035 square feet. Mareas at Botanica also features 34 detached garages along with an expansive amenity package highlighted by the two-level 11,000 square feet clubhouse.

Centrally located along SW 152nd Avenue, the property has exposure to 53,000 cars daily and is located one mile from the Florida Turnpike, proving access to the major employment markets of Coral Gables, Downtown Miami, Blue Lagoon, Doral and Downtown Dadeland. Mareas at Botanica is also walkable to 230,000 square feet of retail anchored by a Walmart with a grocer, Starbucks, Panera Bread, Chili’s and PDQ.

Mareas at Botanica is being offered for the first time by its developer, Ram Realty Advisors and presents a rare opportunity to acquire a newly built, suburban garden apartment community in the epicenter of one of Miami’s fastest growing cities.

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Morea (the “Property”) – a recently completed 6-story midrise centrally located in Pompano Beach with immediate access to Boca Raton and Downtown Ft. Lauderdale. Developed by Fairfield Residential, this rare East of I-95 location opened in January 2021 and is comprised of 327 luxury apartment homes. Situated on Federal Highway, with exposure to over 43,000 cars per day, the property is less than five minutes from pristine beaches and the recently completed Pompano Pier with restaurants and shops. The Property was meticulously designed to provide residents elegant unit features and expansive amenity space, while also having tremendous access to surrounding employment, as well as, entertainment and the beaches.

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire ParkLine Miami (the “Property”), two iconic class-AAA high-rise towers set within the center of Downtown Miami at the heart of the rapidly expanding 7th largest U.S. MSA. The Property is composed of 44 and 47-story towers with 816 luxury residential units and 130,000 square feet of amenity based retail and food hall. This coveted and irreplaceable asset’s first tower opened in February 2020 and has achieved stabilization at a record setting pace. Set above MiamiCentral, ParkLine Miami residents are connected to 75 stations central to employment centers and points of interest across South and Central Florida. ParkLine Miami defines metropolitan living and offers residents an eco-friendly and car optional lifestyle.

Cushman & Wakefield has been exclusively engaged to arrange the presale of SoDo House and SoDo House by the Lake - two Class AA, infill rental townhouse developments located just south of Downtown Orlando in the SoDo submarket (the "Properties"). Totaling 23 units, SoDo House is located just blocks south of Orlando Health’s 1,500+ bed Orlando Regional Medical Center campus and just north of the SoDo shopping center, featuring multiple restaurants, big box retailers, and a Target. SoDo House is also located in an Opportunity Zone. Comprising 25 units, SoDo House on the Lake is located on the 265-acre, private Lake Holden, with the majority of units offering lakefront views, and is just a few minutes south of SoDo House. Both Properties are also zoned for an "A" rated high school. These opportunities represent the chance to acquire differentiated rental product in one of Orlando’s strongest submarkets, while also benefiting from the overall dynamic metro, which is forecast to be a Top 5 employment growth and population growth market over the next five years (among the 50 largest US metros).

Cushman & Wakefield has been exclusively engaged to arrange the presale of SODO House, SODO House by the Lake, and Barton Court in St. Cloud - three Class A rental townhome developments located within the Orlando MSA. The opportunities can be pursued as a portfolio or individually, and consists of 98 total units, with nine existing townhomes, 23 units delivering in the third quarter of 2022, and 66 units delivering in the fourth quarter of 2022. The Portfolio represents the chance to acquire differentiated rental product that provides exposure to high-end infill and suburban growth locations capturing full spectrum of renter demand in the metro, which is forecast to be a Top 5 Employment and Population Growth metro over the next five years (among the 50 largest US metros).

SODO House and SODO House by the Lake are two Class AA, infill rental townhouse developments located just south of Downtown Orlando in the SODO submarket. Totaling 23 units, SODO House is located just blocks south of Orlando Health’s 1,500+ bed Orlando Regional Medical Center campus and just north of the SODO shopping center, featuring multiple restaurants, big box retailers, and a Target. SODO House is also located in an Opportunity Zone. Comprising 25 units, SODO House on the Lake is located on the 265-acre, private Lake Holden, with the majority of units offering lakefront views, and is just a few minutes south of SODO House. Both Properties are also zoned for an "A" rated high school. SODO House and SODO House by the Lake are positioned extremely well to meet the demand for high-end, private residence rentals in the SODO neighborhood.

Barton Court in St. Cloud is a Class A, 50-unit, townhome, built for rent community located in the fast-growing southeastern portion of the Orlando MSA. The Property consists of nine existing townhomes delivered in 2008 and 2018, and 41 townhouse units currently under construction. New construction two-story townhomes will feature spacious three- and four-bedroom units with Class A finishes. The Property is positioned just off U.S. 192/Irlo Bronson Memorial Highway and provides direct access to the St. Cloud City Center, daily necessity retail, nearby medical employment, and convenient connectivity to other key metro employment hubs. Additionally, the Property is located within walking distance to K-12th grade schooling. Barton Court in St. Cloud is primed to take advantage of the exponential growth of the Orlando MSA that is funneled towards the south.

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Solitair Brickell, an iconic 50-story residential high-rise located in the center of South Florida’s most exclusive submarket. This coveted asset opened in 2018 and is comprised of 438 luxury residences, 6,669 square feet of fully leased, high-value ground floor retail and 440 parking spaces, of which 77 are utilized for daily parking income. Solitair Brickell represents the first opportunity this cycle to acquire a publicly marketed residential asset in Brickell Miami.

Cushman & Wakefield, as exclusive advisor, is pleased to present The Commons, a 280-unit, garden-style apartment community located in Orlando, Florida (the "Property"). Completed in 1998, the Property will be delivered 100% vacant as it was previously under a master lease to the Walt Disney Company that will be terminated upon closing.

The Commons is situated on 19.28 acres and is comprised of 29 two and three-story residential buildings with spacious floorplans averaging 1,040 s.f. The Property boasts an extensive amenity package including a resort-style swimming pool, fitness center, conference center, lighted tennis court, lighted sand volleyball court, garages, picnic area with grills and gazebo, and a car care center. With largely original interior finishes, coupled with the ability to improve the large current amenity package, new ownership can immediately implement a comprehensive value-add program to bring rents inline with submarket comparables.

The Property has immediate proximity to major employment centers, including the Tourist Corridor office submarket, Lockheed Martin, Orlando Health Dr. P. Phillips Hospital, Universal Studios, SeaWorld, and Disney’s Campus, all less than 15 minutes away. Additionally, the immediate area has over 1.8 m.s.f. of retail and restaurant space within a one-mile radius, including Publix Supermarket, the Orlando Premium Outlets, and Disney Springs..

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the Trail Apartments (the “Property”) - a Class-A, 84 apartment home, luxury low rise residential community located in Miami, Florida. The property is available to acquire upon certificate of occupancy which is slated for Q1 2022.

Ownership will guarantee new first time leases with average rents of $1,700 for a one bedroom and $2,000 for two bedroom unit occupancy and rent requirements before closing. The property is just minutes south of Miami International Airport near the key intersection of the Dolphin and Palmetto Expressways.

The Trail apartments is being offered for the first time by its developers, Prestige Builders, and presents a rare opportunity to acquire a new construction, Miami-Dade apartment community in a centralized location with exceptional connectivity and accessibility.

Cushman & Wakefield has been exclusively engaged to arrange the sale of the Owner’s 100 percent fee simple interest in The Village at Crescent Park (the "Property"), a fully entitled, 14.48-acre multifamily development site located in Orlando, Florida. The approved site plan proposes a garden-style, four-story, 254-unit development, complete with dedicated leasing center, clubhouse, resort-style pool, fire pit & lounging area, playground, and pet park among other amenities. Situated just north of Orlando International Airport and State Road 528, the Property offers resident’s convenient access to the metro’s major employment hubs, as well as robust retail offerings in immediate proximity.

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire X Miami (the “Property”) – a 32-story, transit-oriented high rise located in globally renowned Downtown Miami, Florida. X Miami is the city’s premier rental apartment community that opened with much fanfare in the summer of 2018 and has proven resilient through the coronavirus pandemic. The Property is composed of 464 luxury residences with 729 square feet of fully-leased restaurant space in the building’s lobby.

First-tier cities, including Miami, have begun to experience an affordability challenge as new high-end and highly-amenitized products lack an affordable entry price point. X Miami’s innovative approach and creative design – through unit size and layout – addresses the problem of ever-increasing entry price points into highly urbanized markets. X Miami’s flexibility of accommodating both rent-by-bedroom (RBB) units and short-term rental (STR) operations at ownership’s discretion allows young urban professionals the opportunity to experience the vibrant downtown at an attractive and cost effective price, without sacrificing amenities or living experiences; in fact, they are provided a better one. RBB units are proving to be a great starting point for younger renters who then graduate within the building to full units as their needs and careers grow.

The Property’s downtown location presents an extremely rare acquisition opportunity, which a long-term investor will greatly benefit from owning due to the building’s quality and positioning. X Miami’s landmark location and adjacency to a Metromover station puts it at the forefront of the impending growth that Miami is experiencing in its ascent into a first-tier world-class city.

Cushman & Wakefield is pleased to present the opportunity to acquire Bungalow Walk at Lakewood Ranch - a Class AA, 228-unit, single-family, build for rent community (the "Property"). The Property is located in Sarasota, Florida, within Lakewood Ranch, the nation’s second-fastest selling master-planned community.

THE LAST REMAINING OPPORTUNITY IN MIAMI WORLDCENTER

Cushman & Wakefield, as exclusive advisor, is pleased to present Fall Ridge of Delray, a 60-unit, value-add property in east Delray Beach, Florida.

Built in 1980, the property sits on 4.86 acres. The property provides concrete block construction in a rare villa-style community totaling 10 triplex and 5 eight-plex units. All units are spacious two bedrooms-two bathrooms averaging 855-square feet. All units have washer/dryer hookups.

There is about $275,000 in rental upside at the property through loss-to lease burn-off and value add.