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.
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.
“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 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.
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.
For more information, visit www.gocoloney.com.
About The Keyes Company: Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes, along with its network of partner brokerages comprises 58 offices, more than 3,600 Associates and closed over $11.7 billion in annual real estate sales and services in 2021. Keyes’ offices are distributed throughout seven counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Volusia, and Lee. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®, the world’s largest network of independent brokerages. The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling a home. Mortgage, title, insurance and property management needs are all be managed in-house, allowing Keyes Realtors® to close deals with speed and efficiency while giving clients valuable access to the professionals responsible for the specific service lines.
