Home Fashion Real Estate FL El-Ad pays $20M for North Bay Village dev site planned for 22-story resi tower
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El-Ad pays $20M for North Bay Village dev site planned for 22-story resi tower

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El-Ad National Properties paid $20 million for a development site in North Bay Village planned for a 22-story residential tower.  Boca Raton-based El-Ad, a division of Elad Group, bought the 1-acre property at 7913 West Drive from Aventura-based S2 Development, according to records and real estate database Vizzda. The buyer borrowed $10 million for the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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