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.
Recent Posts

Hollywood clears path for beachfront towers amid resident pushback

Foreclosure looms for Brookfield’s Pembroke Lakes Mall after alleged $260M loan default

David Martin, partners score $507M loan for South Beach condo tower

Real estate donations overwhelmingly back Byron Donalds over David Jolly in race for Florida governor

Steve Ross, Jeffrey Soffer’s Miami airport hotel project grounded by FAA

Average long-term mortgage rate rises 7th week in a row

Florida Realtors disaster fund ready to help

New appraisal reporting format calls for early preparation

After $21M assessment uproar, Brickell association says contractor overbilled, left work undone

Denmark accuses Palm Beach resident of shielding assets in waterfront home

