Real Estate Rumors: Home Depot, Sumitomo Mitsui, Linden

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Law360 (Aug 26, 2021, 7:02 pm ET) – Home Depot has acquired a warehouse in Lake Worth Beach, Florida for $ 26 million, the South Florida Business Journal reported Thursday. According to the report, the deal concerns a 135,268-square-foot lot on North Seacrest Boulevard and the seller is an organization run by Pennsylvania investor Richard Previdy.

Sumitomo Mitsui Banking Corp. has provided a $ 102 million loan for a residential complex in Tampa, the Commercial Observer reported Thursday. The funding is for The Pearl, a 314 apartment property that also includes retail space, and the borrower is SoHo Capital, according to the report.

The company, run by investors Todd Linden and Richard Valdez, has …

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