Map: Inside Miami’s biggest dev site sales following record $520M Brickell deal
Oak Row Equities and Vlad Doronin’s OKO Group paid $520 million for a bayfront Brickell property, marking the biggest development site sale in Miami and likely the state. The December trade added fuel to the real estate industry’s narrative that Miami’s financial district is a prime market, insulated from the headwinds felt in most of the rest of the tri-county region and much of the nation, including elevated interest rates. Some lenders still are skittish, as South Florida has felt the sting in recent years from higher insurance and materials costs. Yet, Brickell remains a prime target for investors and […]This article originally appeared on The Real Deal. Click here to read the full story.
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