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Berger Commercial Realty Corp. Announces Two New Sales

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced new deals from brokers Steve Hyatt and Reese Stigliano, SIOR.

Hyatt and Stigliano represented seller SBC 2010-1, LLC in the sale of a 21-unit apartment building, located at 2309-2323 Madison St. in Hollywood, for $410,000 to buyer Rafael Correa.

Hyatt also represented SBC 2010-1, LLC in the sale of a seven-unit apartment building, located at 1033-1035 North Andrews Ave. in Fort Lauderdale, to Laurence Brokaw for $182,500.

BRIEFS:

Property Address: 2309-2323 Madison Street, Hollywood, FL 33020
Seller:  SBC 2010-1, LLC, represented by Steve Hyatt and Reese Stigliano, SIOR, of Berger Commercial Realty Corp.
Buyer: Rafael Correa
Sold for: $410,000
Property Description: 21-unit apartment building

Property Address: 1033-1035 North Andrews Avenue, Fort Lauderdale, FL
Seller:  SBC 2010-1, LLC, represented by Steve Hyatt of Berger Commercial Realty Corp
Buyer: Laurence Brokaw
Sold for: $182,500
Property Description: Seven-unit apartment building

About Berger Commercial Realty Corp.: Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients’ needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010’s ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

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