Sean Glickman
Glixus Corp.

Real Estate Invetments Services
   

Bank REO, Notes, Bankruptcy, Distressed Developers


 

 
Developers Closeout Sales - Troubled Loans - REO
 
 
Tampa - 212 Apartment Complex.   9.56% Cap Rate.     $10.9M
 
Altamonte Springs (Orlando)  188 condos.   $7M.
 
West Palm Beach 165 Condos.          $5M.
 
Miami Waterfront Condo. $7.4M.
 
Orlando , 143,000 shopping center , 59 leased, very motivated - $8M.
Assumable loan of $7M.
 
Orlando, 188 Condos, 99% Occupancy, 9.56% Performing Cap Rate.   Ask - $7M.

 

http://www.marketedge.reiwise.com/fldefault.aspx?propID=18235

Orlando. Waterfront Park Tower. 250,000 SF of offices, retail plus 300 condos. Proposed development , seeking a JV - $11M.

 
Orlando, 63 Condos, best location, 75% Occupancy, Built in 2000.         Ask - $3M.
Orlando, 54 Condos at 30% of Market Value.   Ask - $2.5M.
 
West Palm Beach Area , 91 condos out of 176.        Asking $3.5 M.  http://marketedge.reiwise.com/default.aspx?propid=17979&tid=633702450023009269
 

 

Tampa , 132 condos out of 160.            Asking $5 M.   http://marketedge.reiwise.com/default.aspx?propid=18078&tid=633702449851289420

 

Tampa , 120 condos out of 168.          Asking $6 M. http://marketedge.reiwise.com/default.aspx?propid=17990&tid=633702450241135665

Tampa , 156 luxury condos out of 248.          Asking $11 M. http://marketedge.reiwise.com/default.aspxpropid=18079&tid=633703830980915551

Daytona Beach FL. 112 condos out of 168. $28,000 per unit.       $3.136M. http://marketedge.reiwise.com/default.aspx?propid=18177&tid=633709549847349467  http://marketedge.reiwise.com/dashboard.aspx?propID=18177

 Central FL. Apartment portfolio, 1,411 units , 8 projects, performing at  10% cap rate. Buy separately or in a package deal.                                         $40,000-$60,000 / Unit.

 

 

Tampa FL. 81 Condos, half rented.                                                    $3M.

 

Ft Lauderdale FL. 88 Rooms Ocean front hotel.     New renovations.   $20M.        

Tampa FL.  120 condos, 51 garages.                                                  $7M.

Altamonte Springs FL. 86 condos. Class A                                           $7M.

Tamarac FL. Golf Community, 207 unit class A  Condo conversion.      $10 M.

Miami FL. 24 brand new town homes.                                                 $4M.

Miami FL. Ocean front downtown land approved for 375 residential units. 39 boat slips.  from bankruptcy.                                                                        $8M.

Sunny Isle FL. Oceanfront - 0.852 acres for mixed use/resort.                $15M.

Orlando FL. 6 acres commercial land for 200 units.                                $3.1M.

Orlando FL. 14 acres commercial land by Home Depot.                          $3M.

Examples Of REO & Notes:

REO. Nationwide: 874 SFR. LTV - 29%$8,000 per house

Time Share Notes , performing at 9% apr with full recourse !

REO. Nationwide: 400 SFR $13,000 per house.

NPN. hotles, commercial nationwide - 38% LTV.


Property Presentations , Buyer's Profile




BUYER PROFILE / NCND / PURCHASE ORDER



Altamonte Springs - 188 Bank Owned Condos



188 Apartments - Orlando



Greenway Plaza - Orlando Area



West Palm Beach - 165 Condos



30 Miami waterfront Condos



WPB AREA - 91 CONDOS



TAMPA - 132 CONDOS



TAMPA - 120 TOWN HOMES



TAMPA - 156 LUXURY CONDOS



Daytona Beach FL - 112 Condos



Orlando 63 Condos



Orlando 54 Condos



Sterling Lakes Apartments - Tampa




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