FundRebel to Acquire Nine Hollywood, a New Mixed-Use Development for $67M

The investment platform FundRebel, LLC is pleased to announce its first target asset is under contract to be acquired for $67 million. The property, Nine Hollywood, is situated in a high-demand area for the idyllic South Florida lifestyle, centrally located just minutes from the beach.

Located in Hollywood, FL and situated on a 36,000 square foot (sqft) parcel, the acquisition is a ground-up mixed-use rental development which includes 204 rental units, three levels of integrated parking, and over 7,000 sqft of ground-floor retail space. The unit mix is 93 studios, 92 one-bedroom/one-bath units, and 16 two-bedroom/two-bath units. The property boasts a suite of onsite features and amenities such as a swimming pool, a fitness center, business suites, ample parking, and 360-degree panoramic views. 

"As we relentlessly pursue exceptional, off-market real estate opportunities with a focus on cash flow generation, Nine Hollywood stands as a prime example of the unparalleled access and engagement that FundRebel offers in premier, institutional-grade real estate investments for all who are eager to participate," said FundRebel CEO Mark Drachman.

The Nine Hollywood property is the first contracted asset of the FundRebel Dean flagship investment opportunity open to both accredited and non-accredited investors. The asset is currently in its last phase of construction with a Q4 2023 target completion.

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