Real estate firm surpasses $1B in assets with latest shopping center purchase
North Miami-based IMC Equity Group now owns more than $1 billion in real estate after its $18 million acquisition of West Sunset Square in West Kendall.
RREF WSS Acquisitions, an affiliate of Lennar Corp. (NYSE: LEN) subsidiary Rialto, sold the retail center at 15785 S.W. 72nd Street with about 65,000 square feet of leasable space to an affiliate of IMC Equity Group. Sabadell United Bank provided a $12.6 million loan to the buyer.
Kirk Olson of Marcus and Millichap brokered the deal.
West Sunset...