GWealth deepens Wynwood holdings with $25M portfolio buy
GWealth Management expanded its Wynwood holdings recently, acquiring a three-property portfolio from Miami investor Steve Rhodes for $25 million. The Weston-based firm, led by Juan Arango Giraldo, bought a three-story office and retail building at 2121 Northwest Second Avenue, a one-story retail building at 2085 Northwest Second Avenue and a surface parking lot at 172 Northwest 21st Street, according to a news release. Apex Capital Realty’s Jason Abitbol represented GWealth, and Dwntwn Realty Advisors’ Tony Arellano and Devlin Marinoff represented the seller. Rhodes developed the 27,500-square-foot building in 2016, three years after buying the property for $619,000, records show. Rhodes […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Latest billionaire request advances: Miami Beach commission to vote on Ken Griffin’s helipad
“We are #blessed”: South Florida’s top brokers talk Miami luxury living at The Real Deal’s Welcome to the New Miami event
$50M bankruptcy sale in Miami’s Blue Lagoon falls apart as Caroline Weiss hospitalized
Eastwind, TMT pitch multifamily addition to Delray Beach office complex
Palm Beach home listed for $30M tops signed contracts
Prestige buys back Dania Beach apartments for $27M
Miami to sue Miami-Dade County over Allapattah CRA
Megawatt moratorium: Palm Beach County OKs year-long data center pause
Name your price: David Simkins flips waterfront teardown in Miami’s Morningside for $24M
“I love when financing is difficult” Terra’s David Martin talks construction loans, branded condos at The Real Deal’s Salon Series Miami
