Moishe Mana’s Wynwood assemblage expands west of I-95
Moishe Mana bought a site on the west side of Interstate 95, across from his large holdings in Miami’s trendy Wynwood neighborhood. Paradise Dairy Acquisitions, an affiliate of affordable housing developer Pinnacle Housing Group, sold the 5.32-acre site, at 2451 N.W. Seventh Ave., for $8.5 million to a company controlled by Mana…
IMC Property buys repossessed Miami-Dade office from Regions Bank
IMC Property Management bought a repossessed office complex in Miami-Dade County’s West Kendall at a 24 percent discount to its old mortgage. An affiliate of Regions Bank (NYSE: RF) seized the property, at 8785 S.W. 165th Ave., in March in a $16.45 million deed in lieu of foreclosure with Lucky Start Executive Plaza.
Market Reports: The Miami Market’s Unsustainable Boom has Ended
Douglas Elliman just published their 2Q 2015 Real Estate Market Reports covering Miami, Fort Lauderdale, Boca Raton, and Palm Beach. As always, report author Jonathan Miller of Miller Samuel, lover of charts and graphs, is back to break down the South Florida market for us.
Art gallery/office building in Miami’s Wynwood sold for $10.8M
A Palm Beach Gardens investor paid $10.8 million for an art gallery and office building in Miami’s hot Wynwood neighborhood. Zadok Real Estate Holdings, managed by Dror Zadok and Miriam Zadok, sold the building at 2534 N. Miami Ave. and the parking lot at 26 N.W. 26th St. to 2534 Morse LLC. C1 Bank provided a $6.2 million…
Comment of the day: “Nothing could be more important for Little Havana…
“Nothing could be more important for Little Havana than getting this right, but none of the solutions proposed, including this one or FDOT quite gets there. Think two-way auto, on-street parking & transit on 8th in traditional Main Street configuration. Think two-way auto, with protected bike…
Are We Overheating?
Could the rapid appreciation be perceived as a sign of an overheated commercial real estate market? M&M’s Alex Zylberglait sounds off in this interview.