Palm Beach-based spec home developer Todd Michael Glaser has sold a commercial building in Palm Beach for $3.9 million. Located at 175 Bradley Pl., just four blocks north of The Royal Poinciana Plaza on Palm Beach Island, the 2,145 SF building was acquired by plastic surgeon Dr. Norman & Mia Rowe.
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Kastrati Group Acquires SLS Brickell Hotel For $55 Million In An Off-Market Cash Transaction
Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
Read MoreDisruptive Real Estate Brings Edgewater Vertical Development Site To Sale
Disruptive Real Estate, led by Miami power broker Stefano Santoro, has brought a world-class development site in the heart of Miami’s prime bayside in Edgewater, primed for an ultra-luxury hotel or condo project. The property, located at 702 NE 26th St. is currently asking $6.6 million. Totaling 10,000 SF, the site’s favorable zoning, T6-36a-L allows for a variety of development uses with high density and building height.
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Urbanica Closes on Two New Lots In Edgewater For Hotel Development Project
Urbanica has recently acquired two new properties located in Edgewater as part of a land assembly that they started two years ago. The two purchased properties are next to each other and located at 237 NE 32 ST and 229 NE 32 ST, the closing price was $1.57M and $1.7M respectively.
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