An affiliate of Jordan Kavana’s Aventura-based Transcendent Investment Management picked up 204 units at the Valencia at Doral Condominium in a bulk transaction.
TIF-Valencia LLC acquired the condos and club facility at the complex on Friday, according to an announcement from Sachs Sax Caplan partner Daniel Kaskel, who represented the company in the purchase. Valencia at Doral LLC is the seller.
The purchase price was not disclosed.
“This transaction evidences that the Florida Distressed …