#YoavYuhtman

[tradedmiami]

SALE IMAGE: Brian Kennedy, Jonathan Shechtman, Yoav Yuhtman & Ben Platt DATE: 08/29/2024 ADDRESS: 2801 North Course Drive MARKET: Pompano Beach ASSET TYPE: Multifamily ~ UNITS: 247 ~ SF: 249,827 BUYER: DGE Investments SELLER: Jonathan Shechtman, Brian Kennedy & Ben Platt - Axonic Properties BROKER: Yoav Yuhtman (@Yoav_YY) - Berkadia (@Berkadia) NOTE FROM SELLER: Axonic Properties sold Breezes at Palm Aire in Pompano Beach, FL to DGE investments. DGE investments purchased 247 of 288 units in a fractured condo community. Breezes at Palm Aire was built in 1986 and sits on 17 acres. The apartments average 1,012 square feet across one and two bedroom units. Closing occurred on 8/29/2024. Axonic Properties purchased 153 units in May of 2021 for $25.4 mm. Axonic was able to purchase an additional 94 units during their hold period for 85.80% ownership in the community while increasing rents by an annualized 16.8%, or a total of $818 in 3.27 years. Berkadia represented the seller, New York based Axonic Properties. About Axonic Properties - Axonic Properties LLC is a direct owner and operator of residential real estate assets in Florida and Texas. Axonic Properties is led by Jonathan Shechtman and Brian Kennedy. Since inception in 2012, Axonic Properties LLC has raised and deployed six closed-end private equity funds with total transactions of approximately two billion dollars. #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #Multifamily #YoavYuhtman #Berkadia #AxonicProperties #JonathanShechtman #BrianKennedy #BenPlatt #DGEInvestments

[tradedmiami]

SALE IMAGE: Mitch Sinberg, Jose Mota, Yoav Yuhtman, Brad Williamson, Scott Wadler & Matt Robbins DATE: 12/27/2023 ADDRESS: 311 Northwest 42nd Court MARKET: Deerfield Beach ASSET TYPE: Multifamily BUYER: Category Five Real Estate - Leon Peisach & Mike Peisach SELLER: Prashkovsky USA – Adi KAradi BROKERS: Yoav Yuhtman (@Yoav_YY), Jose Mota (@JoserMota), Roberto Pesant, Jaret Turkell (@Deal_Crush), Omar Morales (@OmarMora1es), Mitch Sinberg (@TheJewishIceberg), Brad Williamson, Matt Robbins & Scott Wadler - Berkadia (@Berkadia) SALE PRICE: $24,600,000 UNITS: 156 ~ PPU: $157,692 LOAN AMOUNT: $14,760,000 LOAN TERMS: Acquisition financing loan. The seven-year, fixed-rate, non-recourse loan includes four years interest only and a step-down pre-payment structure. #Miami #RealEstate #tradedmia #MIA #TradedPartner #DeerfieldBeach #Multifamily #YoavYuhtman #JoseMota #RobertoPesant #JaretTurkell #OmarMorales #MitchSinberg #BradWilliamson #Berkadia #PrashkovskyUSA #CategoryFiveRealEstate

[tradedmiami]

SALE IMAGE: Leon Peisach & Mike Peisach DATE: 12/21/2023 ADDRESS: 311 Northwest 42nd Court MARKET: Pompano Beach ASSET TYPE: MultiFamily BUYER: Category Five Real Estate - Leon Peisach (@LeonPeisach) & Mike Peisach (@MikePeisach) BROKERS: Yoav Yuhtman (@Yoav_YY) - Berkadia (@Berkadia) SALE PRICE: $24,600,000 UNITS: 156 ~ PPU: $157,692 SF: 150,000 ~ PPSF: $164 NOTE FROM BUYER: Category Five Real Estate ("CFRE") is a private equity firm based in South Florida focused on sourcing, acquiring, operating, and improving multifamily assets all over Florida. CFRE achieves superior returns through renovations that enhance tenant living experiences and the surrounding communities. San Marco is a strategic acquisition with a favorable unit mix in the heart of South Florida's tri-county region. The firm's local presence, agility, and strong balance sheet provide a competitive advantage in closing deals amidst a challenging debt market while giving sellers certainty of execution. CFRE is actively searching for additional opportunities in 2024. #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #Multifamily #YoavYuhtman #Berkadia #CategoryFiveRealEstate #LeonPeisach #MikePeisach