Friday, October 7, 2022

The Keyes Company’s Coloney Group Closes Two Fort Lauderdale, FL Multifamily Sales Totaling Nearly $30 Million

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Maggie Graham

Fort Lauderdale, FL – The Keyes Company’s The Coloney Group, a prolific team of experienced South Florida Realtors, closed the sale of two Fort Lauderdale multifamily properties totaling nearly $30 million.

The group’s George Coloney and Maggie Graham represented both sides in the transactions.

George Coloney

Los Angeles-based Cochise Capital is the buyer for both properties, and the seller is South Florida-based Cordova Arms, LLC.

 Located at 1401 SE 15th St (Cordova Arms apartments). As well as 1300 NE Third St. (The Isles apartments),  properties sold for $19.5 million and $10.1 million, respectively.

The first building has 58 units totaling 46,343 square feet. The second building has 32 units totaling 21,011 square feet.

 

Cordova Arms apartments, 1401 SE 15th Street,
Fort Lauderdale, FL

“Our team leveraged its business acumen to successfully represent both sides in the closing of these two multifamily properties.” Coloney said.

 “The South Florida market has enjoyed tremendous activity over the last few years, and interest from out-of-state buyers continues to grow.”

The Isles apartments, 1300 NE Third Street,
Fort Lauderdale, FL

The Coloney group also sold Wilton Walk, (25 luxury townhomes), $8,750,000, Grandeur apartments 18 units ($7,350,000) Delamare apartments, ($7,800,000) all in Wilton Manors through Lauren Coloney, Niki Falck and George Coloney.

Lauren Coloney
 

George Coloney has nearly 20 years of real estate experience specializing in all facets of residential and commercial real estate.

 To date, The Coloney Group has closed nearly $200 million in volume for 2022 and is consistently ranked among the top teams within The Keyes Company.

 CONTACTS:

Eric Kalis and Daniel Benjamin,

 BoardroomPR

ekalis@boardroompr.com or 

dbenjamin@boardroompr.com

954-370-8999

 www.gocoloney.com.

 

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