Blanca CRE generated multiple offers within 30 days of launching the marketing process, creating competitive tension that drove a $16.9 million sale at a 6% cap rate. The transaction achieved a 35% premium over competing valuations, delivering an exceptional outcome despite challenging market conditions.
Blanca CRE positioned the asset to maximize value, securing a 1031 exchange buyer and driving a $26 million sale well above initial valuations of $18 to $22 million. The property went under contract and closed within 45 days, delivering a swift and highly competitive outcome for ownership.
Blanca CRE executed a global marketing campaign, generating interest from six continents and multiple qualified developers. Through targeted outreach and a structured best-and-final bid process, the team drove competitive tension that resulted in a $32 million sale. The transaction achieved 139% of the next highest valuation and set a record for the highest price per square foot in Bay Harbor history.
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