WILTON MANORS, FL—Recently formed Ascend Properties broke ground earlier this week on its second residential project the —Metropolitan—a 179-unit rental apartment development here.
The Boca Raton-based firm headed by real estate veterans Dean Borg, Richard Finkelstein and Michael Wohl, began construction earlier this summer on Pointe 100, a planned 100 new single-family home development. Ascend states that the two new luxury in-fill projects are valued at $100 million.
“Both Metropolitan and Pointe 100 were originally off-market opportunities which we secured in large part due to our reputations and established industry relationships,” says Borg, principal and co-founder of Ascend Properties. “In both cases, our history for successful performance and our legacy of achievement were key to closing these deals.”
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