News

  • Duo’s Banking Connections Facilitate Land Sale

    By David Schull on July 18, 2014
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    Duo’s Banking Connections Facilitate Land Sale Eleazar David Melendez, Daily Business Review July 16, 2014 Thomas Angelo teamed up with Gavin Banta to close on a 2.88-acre St. Petersburg site planned for 358 luxury apartments and parking facilities. Dealmakers: Thomas Angelo and Gavin Banta The Deal: The Fort Lauderdale attorneys helped negotiate a land acquisition and associated financing for a […]
  • Angelo & Banta closes land acquisition and $85 million construction loan.

    By David Schull on April 17, 2014
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    Angelo & Banta closes land acquisition and $85 million construction loan. For a Class A Rental Project in St. Petersburg, Florida The law firm of Angelo & Banta, P.A. is pleased to announce it represented CRAE 330 THIRD LLC, an affiliate of American Land Ventures, in negotiating and closing the acquisition of a 2.88 +/- acre parcel in St. Petersburg, Florida and […]
  • St. Regis Bal Harbour sells for $213M

    By Thomas Angelo on January 22, 2014
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    January 22, 2014 Paul Brinkmann Reporter- South Florida Business Journal The St. Regis Bal Harbour Resort, one of South Florida’s best-known luxury resorts, has sold for $213 million to a subsidiary of Qatar’s largest development company. The buyer is Qatar-based Al Rayyan Tourism Development Company. The sale by Starwood Resorts & Hotels is among the largest recent property transactions in […]
  • Big public company drops $54M on South Florida self-storage

    By Thomas Angelo on January 12, 2014
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    January 10, 2014 Paul Brinkmann Reporter- South Florida Business Journal Two self-storage facilities in South Florida have sold for $54 million. The buyer is Sovran Self Storage (NYSE: SSS), which operates 480 facilities under the Uncle Bob’s Self Storage brand. The seller, The Store Room, is an entity managed by Chicago investor Kent Haeger of High Street Capital. The price […]
  • Regions, City National fund $50M apartment expansion at Fort Lauderdale’s New River Village

    By Thomas Angelo on June 27, 2013
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    Paul Brinkmann Reporter- South Florida Business Journal June 27, 2013 A subsidiary of American Land Ventures recorded a $48.5 million mortgage on Thursday for a Phase III luxury apartment tower at New River Village in downtown Fort Lauderdale. The financing from Regions Bank as agent and City National Bank as participant are backing construction – already underway – for a […]
  • Angelo & Banta closes $160 million dollar loan for Mansions at Acqualina

    By Thomas Angelo on February 27, 2013
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    Oscar Pedro Musibay Reporter- South Florida Business Journal February 27, 2013 It could be a game changing kind of loan – the $160 million bank financing of the ultra-luxury, 79-unit Mansions at Acqualina. What it could mean is that banks have the same kind of confidence in the market that developers have had for more than a year. It could […]