Related Group CEO Jorge Perez had many new developments throughout Miami-Dade and Broward County. A few of which are M2E projects include One Ocean, Marea, Icon Bay, SLS Lux Brickell and One Paraiso. Congratulations Related!
Bejing’s China City Construction and New York-based American Da Tang Group bought $74.74 million development site in Brickell previously owned by Cabi Developers. Dr. Shanjie Li, chief executive of American Da Tang Group stated the $74 million number was a very good price and was paid for in cash. It is fully permitted, and can house…
Michael Hyman, Coral Gables attorney for M2E Client Siegfried, Rivera, Hyman, Lerner, De La Torre, Mars & Sobel, had a few words to say to the Daily Business Review on the Beltway case. Beltway Capital’s case succeeded in the trial court, but not in the appellate court. The safe harbor law states the “first mortgagee”…
Lennar’s affiliate, Valencia at Doral LLC, sold 204 units at $205,882 per unit as well as most of the common area for $3 million. In 2006, they paid nearly $68 million for the complex located at 10010 NW 44th Terrace. The Aventura-based buyer, TIF Velencia LLC, obtained the $36 million mortgage which is backed by FirstKey…