Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46M
El-Ad National Properties→Chateau Grove Condominium
May 15, 2026

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SF Capital Group has completed the acquisition of a 368-unit multifamily property, a real estate services other business in Michigan, for $32 million. SF Capital Group acquisitions in real estate services other acquisition focus on arranging financing for MI acquisitions, including Shelby Township multifamily assets. The buyer, a private equity acquisition sponsor, secured a nonrecourse bridge loan to support property improvement plans and future funding commitments in the Midwest. The real estate services M&A deal closed at $32 million, with three years of interest-only payments, reflecting other acquisition strategy for scalable multifamily operations.
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