TerraCap Partners' second fund buys Coral Cove Condominiums units

  • By Business Observer Staff
  • | 8:05 a.m. January 25, 2013
  • Charlotte–Lee–Collier
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BUYER: Coral Residences on the Cape LLC C (principal: W. Stephen Hagenbuckle), Cape Coral
SELLER: GKK Coral Cove Owner LLC
PROPERTY: 1751 Four Mile Cove Parkway, various units, Cape Coral
PRICE: $8.13 million
PREVIOUS PRICE: $13.69 million, July 2009
LAW FIRM ON DEED: Gramercy Capital Corp., New York City

 

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