Gamla-Cedron Group buys Preserve at Temple Terrace units
Gamla-Cedron Group, an Israeli-based real estate investment firm, continued a condo buying binge with its fifth recent distressed bulk multifamily deal in the Tampa area. The latest: The firm purchased the mortgage note covering 158 units in the 392-unit Preserve at Temple Terrace. The purchase price for the note was not disclosed. The current property […]
Gamla-Cedron buys bulk units in Promenade at Tampa Palms
Gamla-Cedron Group, an Israeli real estate investment firm, continues to buy up condo portfolios in Greater Tampa. The latest deal: The company, led by Shaoul Mishal, purchased 144 of the 240 units in the Promenade at Tampa Palms for $6 million. The price equated to $41,667 per unit. The acquisition will give Gamla-Cedron Group control […]