Jorge Ramos wins $50M bankruptcy auction bid for Blue Lagoon property
Developer Jorge Ramos won a bankruptcy auction for a vacant development site in the Blue Lagoon area near Miami International Airport with a $50 million bid. The 7-acre assemblage at 4865, 4875 and 4885 Northwest 7th Street became available after its owners, entities connected to developer Caroline
How Florida’s proposed property tax amendment could affect real estate
Should voters approve it come November, the proposed property tax amendment in Florida could permanently reshape the state’s real estate market, affecting property values and investment. It could have the opposite effect of its intent, which was to put more money back into homeowners’ pockets, and
Javier Cervera’s firm buys $17M shopping center in small-business haven
Javier Cervera’s Cervera R.E. Ventures added another South Florida retail property to its portfolio with the $17 million acquisition of Twin Towers Shopping Center in Hialeah. Coral Gables-based C-REV secured an acquisition loan from U.S. Century Bank at 50 percent loan-to-value for the 36,575-squar
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