Press Releases

  • Bahia Mar mortgage boosted to $135M by Florida Community Bank

    By Thomas Angelo on October 19, 2017
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    Redevelopment plans for Bahia Mar in Fort Lauderdale total nearly 2 million square feet. The hotel owner is completing renovations and has a pending redevelopment plan. Florida Community Bank boosted the mortgage of the Bahia Mar resort and marina in Fort Lauderdale to $135 million as the property undergoes renovations. The property is the home of the annual Fort Lauderdale […]
  • Lauderdale Beach Acre Sells for $32 Million – Daily Business Review

    By Thomas Angelo on May 3, 2017
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    April 28, 2017 Carla Vianna Daily Business Review Two real estate investors and restaurateurs have purchased a retail acre on Fort Lauderdale beach for $32 million, marking one of the priciest purchases for the beachfront strip. Aiton Yaari and Lior Avidor pocketed two buildings on the corner of Fort Lauderdale Beach Boulevard and Poinsettia Street north of Las Olas Boulevard […]
  • Fort Lauderdale beach retail strip sells for $32M – South Florida Business Journal

    By Thomas Angelo on May 3, 2017
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    Apr 28, 2017, 12:40pm EDT Updated: Apr 28, 2017, 2:12pm EDT By: Brian Bandell Senior Reporter South Florida Business Journal After cashing out of one Fort Lauderdale beach property for $18.7 million, Aiton Yaari and Lior Avidor bought another down the block for $32 million. Attorney Thomas P. Angelo, CEO of Fort Lauderdale-based Angelo & Banta P.A., said he represented […]
  • Angelo & Banta Closes $180,000,000.00 Refinancing of The EDITION Hotel

    By David Schull on January 19, 2017
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    The law firm of Angelo & Banta, P.A. is pleased to announce that it recently assisted its client, Black Marble E 2013, LLC, in the $180,000,000.00 refinancing of The Miami Beach EDITION hotel in Miami Beach, Florida. The EDITION is an elegant design hotel located at 2901 Collins Avenue, Miami Beach, Florida and has 294 individually designed guest rooms and […]
  • Angelo & Banta Law Firm Represents Institutional Buyer of $402 Million Home Portfolio

    By David Schull on September 9, 2015
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    Angelo & Banta Law Firm Represents Institutional Buyer of $402 Million Home Portfolio FT. LAUDERDALE, FL–(Marketwired – September 01, 2015) – Angelo & Banta, PA is pleased to announce it acted as lead counsel for CSMA BLT LLC in its acquisition of a 4,200-unit rental home portfolio from Building Land and Technology based in Stamford, CT. The purchase price was […]
  • New York investor snags $402M rental home portfolio with C. Fla. homes

    By David Schull on September 8, 2015
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    New York investor snags $402M rental home portfolio with C. Fla. homes Anjali Fluker, Senior Staff Writer Orlando Business Journal A New York private investment firm spent $402 million to buy a portfolio of 4,200 rental homes in seven states, which includes 138 homes in Central Florida. CSMA BLT LLC, an entity related to Cerberus Capital Management LP, on Aug. 31 bought […]
  • Fort Lauderdale Attorneys Advise on $402M Apartment Deal

    By David Schull on September 8, 2015
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    Fort Lauderdale Attorneys Advise on $402M Apartment Deal Samantha Joseph, Daily Business Review A Fort Lauderdale law firm was the behind-the-scenes dealmaker in a $402 million real estate transaction that set national records.The corporate practice at Angelo & Banta spent months negotiating the acquisition of a 4,200-unit rental home portfolio from Stamford, Connecticut-based Building Land and Technology—a deal Bloomberg News […]
  • 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 […]
  • 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 […]