Pembroke Pines bulk unit owner loses legal battle over property’s $21M sale
Integra Investments’ purchase of a condemned Pembroke Pines condo complex for $20.5 million is poised to proceed, after a judge shot down a bulk unit owner’s challenge of the sale process. It marks the latest chapter for the embattled 304-unit Heron Pond, a lakefront community with 19 two-story beige buildings. It’s now vacant after authorities ordered all residents to evacuate in the summer of 2024 due to structural safety concerns. The property, which sits on more than 25 acres at 8400 Southwest First Street, was built in 1988. It has been grappling with disrepair for years. In 2024, the court […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
South Florida Dirt: Worst is over for multifamily landlords
Moishe Mana inks $33M in downtown Miami deals in 10 days
DeSantis’ property tax cut faces legal challenge over ballot language
Hollywood proposes upping building heights near historic hotel as coastal cities reevaluate regulations
Kent Security sues developer Michael Stern over unpaid bills
Kimco’s $109M grocery-anchored shopping spree picks up Publix, Walmart centers in Broward
Final member of $6M-plus insurance fraud ring sentenced to nearly 4 years
South Florida’s top deals: Kimco buys Broward shopping centers for $109M
“Reckless”: Lawsuit accuses Madison Realty of negligence and financial mismanagement at downtown Miami condo-hotel tower
Hip hop mogul Rick Ross adds “developer” to resume in Miami Gardens
