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Aimco spinoff Air pays $251 million for South Beach Southgate Towers

Aimco spinoff Air pays $251 million for South Beach Southgate Towers

10 January, 2023 ED news 0 Comments News 8:31 pm

[ad_1] The buyer had signed contract on two apartment buildings last year for $298 millionAir Communities has bolstered its portfolio with the $250.5 million purchase of Southgate Towers in Miami Beach.Air, or Apartment Income Real…

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Vlad Doronin and Len Blavatnik Win $242M Construction Loan for Aman Miami Beach

Vlad Doronin and Len Blavatnik Win $242M Construction Loan for Aman Miami Beach

10 January, 2023 ED news 0 Comments News 6:23 pm

[ad_1] The financing is in addition to OZK Bank's 2020 loan totaling $277 millionBillionaires Vlad Doronin and Len Blavatnik have secured a $242.4 million construction loan from Bank OZK for their oceanfront Aman Miami Beach…

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Vote of the week: Aman Miami Beach, Miami's medical marijuana zone

Vote of the week: Aman Miami Beach, Miami’s medical marijuana zone

9 January, 2023 ED news 0 Comments News 9:38 pm

[ad_1] Miami commissioners will also vote on a co-housing, micro-unit ordinance This week, the Miami City Commission is set to vote on a series of zoning ordinances, including one related to medical marijuana dispensaries.And a…

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Wayne Boyce buys beachside rip next to his Miami Beach estate

Wayne Boyce buys beachside rip next to his Miami Beach estate

5 January, 2023 ED news 0 Comments News 11:31 pm

[ad_1] Boich hasn't decided whether to keep or sell the house he plans to build on the propertyDeveloper Wayne Boich, who made his fortune in the coal mining industry, paid $11.6 million for a cliff…

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New York firm sells Miami Beach mixed-use building at 40% loss.

New York firm sells Miami Beach mixed-use building at 40% loss.

4 January, 2023 ED news 0 Comments News 1:16 am

[ad_1] Distressed sales expected in South Florida amid rising interest rates, but this Collins Avenue building traded at a discount due to large vacancies, broker saysDistressed real estate investor ARC PE has snapped up a…

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