Northlink Capital buys Hallandale Beach Opportunity Zone site for $26M, plans mixed-use project

Samuel Heskiel and Marilina Apfelbaum with Beachfront Realty represented Northlink. Alan Waserstein, a principal with LeaseFlorida, represented his firm’s selling entity.

In 2019, LeaseFlorida obtained city of Hallandale Beach approval to build a $131.6 million, 23-story mixed-use project with 320 apartments, a 140-room hotel, 5,469 square feet of retail and 580 parking spaces. Across the street from the Village at Gulfstream Park, the site is in an Opportunity Zone, a federally designated area that grants investors capital gains tax breaks for investing in distressed neighborhoods.

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