Homebuilder picks up 22 parcels in Coconut Grove for $25M

Send Enterprises LLC, managed by Douglas Cox and Nicole Pearl, also obtained a $25M mortgage loan from Fuse Funding

TRD MIAMI /
Mar.March 03, 2019 03:00 PM

Coconut Grove (Credit: Miami Luxury Homes)

A South Florida homebuilder acquired 22 parcels in Coconut Grove for $25 million.

Send Enterprises LLC acquired the parcels and got a $25 million mortgage loan from Fuse Funding in connection with the acquisition.

The managers of Send Enterprises are Douglas Cox and Nicole Pearl in Coral Gables. Cox has developed many of the newer houses in Coconut Grove.

The sellers of the 22 parcels are three companies managed by Phillip Sylvester: Set Dynasty LLC, Set Grove 4 LLC and Galleria Realty Corp.

Twenty of the 22 parcels are a mix of vacant lots, houses and townhouses. The other two parcels are units at the Bridgeport Villas condominium. [South Florida Business Journal]Mike Seemuth


Related Articles

arrow_forward_ios
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya

Nuveen pays $103M for West Palm luxury apartments

Nuveen pays $103M for West Palm luxury apartments
Edmund Ansin and the property (Credit: Google Maps)

Billionaire TV family sells Miramar property to Florida Crystals

Billionaire TV family sells Miramar property to Florida Crystals
Toscana apartments and Juan Porro of FCI Residential

Florida Crystals sells Margate rentals for $60M

Florida Crystals sells Margate rentals for $60M
From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

Diesel family dishes on Wynwood condo project
 4601 Le Jeune Road, Jose Boschetti and Maurice Boschetti

Gables Residential sells dev site near Shops at Merrick Park

Gables Residential sells dev site near Shops at Merrick Park
Greg Pinkalla and ORA Flagler Village Apartments (Credit: Google Maps)

Fairfield Residential sells new Flagler Village apartments for $92M

Fairfield Residential sells new Flagler Village apartments for $92M
Construction of downtown Hollywood high-rise may start soon

Construction of downtown Hollywood high-rise may start soon

Construction of downtown Hollywood high-rise may start soon
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...