News & Resources

Author: Steve Hoffman

King Tide – What’s a Property Owner to Do?

Posted on Oct 25, 2016 in Real Estate

Those of us living in South Florida have all experienced flooded streets and intersections during periods of heavy rainfall.  This intermittent flooding generally dissipates quickly, and most of us consider it to be one of the prices we pay to live in paradise.  Recently, a different type of flooding, termed “sunny day” flooding, has been occurring and is gaining national attention.  This type of flooding, which occurs independently of rainy weather, has become more frequent and severe as a result of sea level rise and is further exacerbated by the occurrence of king tides.  King tides occur when the sun, […]

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Hackleman, Olive & Judd Represents Buyer in $87M Commercial Real Estate Transaction

Posted on May 18, 2016 in Real Estate

On Tuesday, May 17, 2016, Hackleman, Olive & Judd’s real estate team represented buyer Maurice Mann in the closing of an $87,600,000 commercial real estate transaction. Mr. Mann purchased a 352 unit apartment complex known as “Barcelona at Jupiter” and effectuated a 1031 tax deferred exchange by using sale proceeds from an apartment building that he recently sold in New York. The transaction was handled by Steve Hoffman, Kristy Armada, and Nicole Villaroel. Please see the article linked below for more information. “New apartment complex sold for $88 million,” South Florida Business Journal, http://www.bizjournals.com/southflorida/news/2016/05/18/new-apartment-complex-sold-for-88-million.html.  

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