The New York-based Lions Group has acquired a development site in Downtown Miami for $10 million which has a project known as M Tower approved to be built. M Tower is planned to rise 53-stories and offer 440-unit apartment units, located at 56 SW 1st St and 65 SW 2nd Street.
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Beach Towing Purchases Sunset Harbour Commercial Property For $6.5 Million
Longtime Sunset Harbour tenant Beach Towing has acquired a commercial property South Beach’s Sunset Harbour neighborhood for $6.5 million. The property is located at 1349 Dade Boulevard in Miami Beach and consists of a 2,600 SF building and a 17,932 SF lot.
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Modern Chinese Dinner Club Concept Jia Opens in Miami Beach's South of Fifth Neighborhood
A brand new modern Chinese Dinner Club bringing elevated Cantonese-style cuisine and eclectic elegance has opened in Miami Beach’s South of Fifth neighborhood in South Beach. Led by local restaurant veteran and hospitality entrepreneur, Ken Ray, Jia, is the first concept to introduce elevated Chinese cuisine to the area.
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One Of The Largest Multifamily Portfolio's Assembled In Miami's Little Haiti Trades For $11.6 Million In Off-Market Transaction
One of the largest multifamily portfolios ever assembled and sold in Miami’s fast-growing Little Haiti neighborhood has sold for $11.6 million. Secamar LLC sold Buena Vista Gardens, the 89-unit portfolio at 5601 NW First Ave., to Bowery Properties, led by Thomas Neary.
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Singapore-Based PRIME US REIT Acquires One Town Center Office In Boca Raton For $99.5 Million
The Singapore-based Prime US REIT has acquired the One Town Center office building in Boca Raton for $99.5 million. The sale price equates to $520 PSF and a 5.8% CAP rate. The seller was a joint venture between the buildings developer, the Boca Raton-based CP Group, and New York City-based Siguler Guff & Co.
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Brightline Reveals New Renderings of Recently Approved Boca Raton Brightline Station
Brightline continues to cement their expansion connecting South Florida by rail after Boca Raton’s Planning and Zoning Board approved the proposed design for the Boca Raton Brightline Station. Brightline revealed new renderings of the station where preliminary work on the site is already underway.
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PMG And Greybrook Realty Partners Top Off Society Biscayne Tower At 400 Biscayne Boulevard
PMG and Greybrook Realty Partners have topped off Society Biscayne, their 49-story social living community located at 400 Biscayne Boulevard in Downtown Miami. Construction is moving quickly with unit framing and installation of glass paneling surrounding the podium of the building is well underway.
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PROFILE Exclusive Podcast Season 1 Episode 5 Featuring Robert Rivani of Black Lion Investment Group
Season 1 Episode 5 of the PROFILE Exclusive Podcast by PROFILEmiami features Robert Rivani, Founder and President of Black Lion Investment Group. Based in Los Angeles, CA, Black Lion Investment Group is a real estate investment firm focused on retail, hospitality, office, and mixed-use assets
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Former Owner of Club Space Acquires South Beach Multifamily In South of Fifth For $5.567 Million
Louis Puig, the former owner of Club Space, has acquired a multifamily property in Miami Beach’s South of Fifth neighborhood and plans to convert the space into a boutique hotel. Puig payed $5.567 million for 333 Jefferson Ave., a gated 24 unit multifamily property which was developed in 1939.
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Automotive Management Services Acquires Jaguar Fort Lauderdale Property For $11.8 Million
An entity tied to the West Palm beach-based Automotive Management Services has acquired the Jaguar Fort Lauderdale property for $11.8 million from the Fort Lauderdale-based AutoNation (NYSE: AN). The transaction was overseen by Chase Deuschle of CBRE.
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