Coral Gables-based Venera Finance & Investment provided a loan of $16.82 million to the buyer. The proceeds would be enough to support a significant amount of construction. The property currently has 13,572 square feet of retail on 26,250 square feet of land. It was developed between 1946 and 1951. Read the full article here
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Lennar Homes wants to buy the former California Club golf course in northern Miami-Dade County and build 690 homes. County officials received a pre-application for the Le Club Resort on July 20. Lennar Homes is seeking feedback from county staff to ensure that its preliminary site plan and home designs comply with a development agreement…
The Brickell Ten condominium has opened with great views of Miami’s financial district, the Miami River and the Coconut Grove Bayfront. Developed by IB Corp. and Waterstone Capital, the 22-story tower is at 1010 S.W. 2nd Ave. It has 155 condos and 13,000 square feet of retail. Read the full article here
Inside Look: 2017 SFBJ 40 Under 40 Awards m2e client, Ryan Shear, Property Markets Group Principal Nearly 370 people attended the affair, which honors 40 local business leaders 39 or younger for their career achievements and community works. The program is one of the Business Journal‘s most popular honors. Read and see more here
The temple and SRG Plantation 3 LLC, an affiliate of Fort Lauderdale-based Stiles, filed a development review application with the city July 18. Plantation Principal Planner Peter Dokuchitz said it will go before the Review Committee on Aug. 22. Stiles plans to build 351 apartments on a 5.4-acre portion of the site of 15 acres at 8200…
Greenberg Traurig shareholder Flora Perez helped structure an acquisition on behalf of a wireless medical technology company in a deal that required navigating complex Swiss regulations. Perez led the legal team representing BioTelemetry Inc., a publicly traded company based in Pennsylvania, in its $280 million purchase of Switzerland’s LifeWatch AG, a health care technology company….
Lennar Corp. paid $4.3 million for a townhouse development site in Davie. Big Ocean Homebuilders, managed by John Neuman, sold the 10.2-acre site on the west side of Davie Road at Southwest 49th Court to Breton Park Lennar LLC, a subsidiary of the Miami-based national homebuilder (NYSE: LEN). The site is about three blocks south of Griffin…
A joint venture between the Related Group and East End Capital plan to build an office building at their mixed-use project in Miami’s Wynwood Arts District. The developers recently broke ground on Wynwood 25 after receiving a $58 million construction loan. See full article here
It could be said that Terry Stiles’ career is one of a son rising through the family business. But though he’s one of South Florida’s most prolific builders who learned his trade early under his father’s guidance, the younger Stiles was on his own at 23 when his father died in 1971. Stiles has since branded…