City Within A City: Miami Worldcenter To Eventually Have Almost 8,000 Residential Units Miami Worldcenter finalized an agreement last week with Dade’s Water and Sewer Department that will bring enough utility capacity to the site for 7,780 residential units. To date, there are only two residential towers going through the city approval process. The Paramount […]
New York developer buys building in Miami’s Edgewater for $19M A partnership between Terra Group and Avra Jain sold an office building in Miami’s Edgewater neighborhood for $18.75 million to a New York developer. Terra Skylar 3550 Investments, a joint venture between Miami-based Terra Group and hotel owner Jain, sold it to MREG 3550 Biscayne […]
Berger Singerman Steers $37.7M Auction Bid for Plantation’s Fashion Mall Berger Singerman’s James Berger, Shahram Siddiqui, Barry Lapides, Paul Singerman, Brian Gart and Isaac Marcushamer represented Encore Housing Opportunity Fund in the bankruptcy acution purchase of the Fashion Mall. Miami River Inn sells for $8.6 million The Vagabond Group, a company led by developer Avra […]
Wells Fargo lends $46M for Downtown Doral condo tower Codina Partners secured a $46.13 million construction loan from Wells Fargo Bank for its second condo tower in its Downtown Doral project. The bank (NYSE: WFC) provided the mortgage to Parcel C1 Property, an affiliate of the Coral Gables-based developer, to build 5300 Paseo near 8500 […]
In this video, Charles Bohl, Associate Professor and Director for the Graduate Program in Real Estate Development and Urbanism at the University of Miami School of Architecture, moderates a discussion between Avra Jain, Chairman and Founder of The Vagabond Group. Jodie W. McLean, President and Chief Investment Officer of EDENS, and Vincent Signorello, President and CEO of Florida […]
London, New York top list of global CRE investment in 2018, Miami misses the cut Global commercial real estate investment topped $730 billion last year in the top 30 cities, as investors around the world poured in a record amount. The news wasn’t all good, as investment was expected to fall this year. London maintained its […]
