1-Acre Parcel In Downtown Miami Goes On The Block For $175 Million
ONE Sotheby’s International Realty will handle the sale through an online auction starting December 3, with a live bidding event in New York on December 17.
ONE Sotheby’s International Realty will handle the sale through an online auction starting December 3, with a live bidding event in New York on December 17.
Read on for the most popular news headlines this past week on CRE-sources.
The 140-unit luxury apartment community was completed in July 2023.
The 80,000-square-foot project will feature a limited collection of 16 luxury Car Studios, a members-only Clubhouse, an indoor Padel Club, and Imperial Moto’s signature café.
Read on for the most popular news headlines this past week on CRE-sources.
The loan, provided by Mexico-based Banco Inbursa, will fund the ongoing development of the 12-story project, which will encompass 146 turn-key residences and 11,000 square feet of retail.
The project is expected to be completed in the summer of 2027.
Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson and Matt Robbins, and Vice President Hugo Hernandez of Berkadia Miami and Boca Raton secured the financing on behalf of the multifamily owner/operator.
Completed between 2024 and 2025, the property comprises 420 units, offering a mix of studios, one-, two- and three-bedroom layouts, and townhomes.
Read on for the most popular news headlines this past week on CRE-sources.
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