Miami Manager is left with three shopping centers in South Florida, after selling Village Shoppes of Coconut Creek for $21.3 million. An affiliate of Sunrise-based
Category: Business
Brazilian billionaire’s firm completes dev site purchase for first Coral Gables condo project
Multiplan Real Estate Asset Management completed an assemblage for its first condo development in Coral Gables, The Real Deal has learned. Brazilian billionaire Jose Isaac
Journey Capital buys multifamily complex in Plantation for $102M
Journey Capital scooped up a 404-unit multifamily complex in Plantation for $102 million. The New York-based investment manager bought Rise at Plantation Walk at 333
Miami Beach Mayor Steven Meiner’s push to evict O Cinema fizzles
Once five Miami Beach city commissioners indicated they would not support evicting O Cinema, Mayor Steven Meiner called off his effort to kick out the
Coal heir buys West Palm Beach condo for $15M
A coal heir bought a Bristol condo in West Palm Beach for $14.9 million, more than double its previous sale price five years ago. Records
Bristol closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume rose in the second week of March. Brokers closed 139 condo sales totaling $96.4 million from Mar.
Tourmaline pays $76M for Coral Gables office complex facing foreclosure
A year into Coral Gables’ Columbus Center’s debt woes, Tourmaline Capital Partners paid $76 million for the property facing foreclosure. Bryn Mawr, Pennsylvania-based Tourmaline bought
Shoma sheds another property, sells Hialeah project to IMC for $81M
For the second time in less than a month, Shoma Group’s commercial portfolio got lighter — along with its overall debt. The Coral Gables-based firm,
13th Floor scores $68M construction loan for Davie rentals
13th Floor Investments and JSB Capital Group scored a $67.5 million construction loan for a 383-unit apartment complex near Broward College in Davie. Coconut Grove-based
Trinity leading development of JMH’s former condo project near Faena District
Bill and Dana Lozito’s Trinity Southern is taking over development of a long-planned luxury condo project in Miami Beach called 29 Indian Creek, The Real