R&B Realty officially loses Gateway at Wynwood
R&B Realty’s Hail Mary effort to retain ownership of Gateway at Wynwood failed. Two affiliates of R&B Realty, led by Aron Rosenberg, were unable to refinance a delinquent $112.9 million mortgage by an Aug. 22 deadline, filings in New York federal bankruptcy court show. San Diego-based Cire Equity, led by Joshua Volen and Trevor Smith, is the new owner of the 12-story Miami mixed-use project at 2916 North Miami Avenue and an adjacent single-story bank building at 2830 North Miami Avenue. Cire Equity acquired an $89.6 million credit bid for the two buildings from A10 Capital, as special servicer for […]This article originally appeared on The Real Deal. Click here to read the full story.
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