Alchemy Properties, in collaboration with Breakers Capital, has announced a joint venture with Galapagos Global Capital Management LLC (“Galapagos Capital”) to bring a luxury condominium development to Miami’s Wynwood district.
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Alchemy-ABR Investment Partners Close On Wynwood Development Site For $18 Million
Alchemy-ABR Investment Partners, a fully integrated New York based real estate development and investment firm, have closed on a development site at 18 NW 23rd Street in Wynwood for $18 million. The property spans 36,079 SF and the acquisition represents Alchemy's first residential project in Florida. Israel Discount Bank provided financing for Alchemy-ABR Investment Partners to purchase the vacant lot.
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