Continental Realty Corp. Enters South Florida With $87.5M CityPlace Doral Acquisition
The 235,000-square-foot property sold for approximately $372 per square foot.
The 235,000-square-foot property sold for approximately $372 per square foot.
The developer completed the 485,275-square-foot rental complex in 2020, after buying the land for $8.5 million in 2014 and securing a $69 million construction loan four years later, per property records.
The company’s co-founder Maria Lamas, formerly Maria Shojaee, has filed a foreclosure lawsuit.
The newly constructed apartment building includes nearly 27,000 square feet of ground floor retail space.
A company managed by Shoma Group CEO Masoud Shojaee purchased the sites. CLICK ON THE HEADLINE FOR MORE
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.