Aztec Group, Inc., a Miami-based real estate investment and merchant banking firm, has announced that Peter Mekras and Brell Tarich have arranged the $15,350,000 sale of Lincoln Square, a 116,560 square-foot suburban office complex.
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OKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences
OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.
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Buckminster Fuller Fly’s Eye Dome Photo by Luis Gomez
Miami Design District Becomes The First Neighborhood In The World To Achieve LEED Gold Certification
The Miami Design District has achieved the prestigious LEED Gold certification, becoming the first neighborhood in the world to achieve the Gold level (LEED ND: Built v4 Gold). Miami Design District marks the third neighborhood in the world to achieve LEED certification.
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Formula 1 Coming To Miami In 2022 After Inking 10-Year Deal At Hard Rock Stadium
Formula 1 will be coming to Miami in 2022 and will be hosting a Miami Grand Prix at Hard Rock Stadium in Miami Gardens. Hard Rock Stadium will be the 11th location to host a Formula 1 Grand Prix in the United States with 2022 being the first of a 10-year deal.
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Tricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
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Ironstate Development Closes On Wynwood Development Site For $15.6 Million
Ironstate Development has closed on the acquisition of a 1.29-acre development site in Miami’s trendy Wynwood neighborhood for $15.6 million. Miami Beach-based developer Lucky Shepherd had put the development site under contract prior to the pandemic but the contract was ultimately assigned.
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Ronny Finvarb Acquires Alton Road Site In Sunset Harbour For Luxury Boutique Hotel
Miami Beach developer Ronny Finvarb has closed on a site on Alton Road at the entry to the popular Sunset Harbour neighborhood where he plans a boutique hotel. Finvarb paid $4 million for the 10,200 square foot site which is located at 1790 Alton Road.
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Kolter Urban Launches Tallest Luxury Condo on Fort Lauderdale Beach
Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, has launched Selene Oceanfront Residences, a luxury condominium development located directly across from the award-winning Las Olas Beach at 3000 Alhambra Street.
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Last Mile Investments Acquires Jupiter Retail Plaza From Elion Partners For $18.5 million
The Cincinnati-based Last Mile Investments have acquired the Pennock Square retail plaza in Jupiter for $18.5 million from the North Miami Beach-based Elion Partners, led by Shlomo Khoudari. Huntington National Bank financed the deal with a $12.95 million mortgage.
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Playboy Mansion Owner Daren Metropoulos Buys "Hurricane Proof" Oceanfront Estate In Miami Beach For $18 Million
A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has sold for $18 million to the owner of the Playboy Mansion, Daren Metropoulos. The home is located at 7815 Atlantic Way in Miami Beach’s Altos Del Mar beachfront community. Mark and Carolyn Keller were the sellers.
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