Shahab Karmely’s KAR picks up AllSaints-leased building on Lincoln Road
Shahab Karmely is joining a group of real estate players banking on a comeback for Lincoln Road. Karmely’s New York-based KAR Properties bought the retail building at 910 Lincoln Road in Miami Beach, which is leased to British fashion brand AllSaints, for $15 million, according to records. Miami-ba
Succession: Coastal Construction’s Thomas P Murphy Jr passes reins to his sons
Thomas P. Murphy Jr., the founder and longtime head of the luxury builder powerhouse Coastal Construction, is passing the reins to his sons. Murphy, who founded the Miami-based construction firm in 1988, tapped his sons Sean and Thomas C. Murphy to lead the company as co-CEOs, according to a news r
Billionaire tech mogul Manny Medina finds buyer for $30M waterfront mansion
Miami billionaire Manny Medina secured a buyer for his waterfront Coral Gables mansion, which is on the market for nearly $30 million. It’s one of 28 luxury home contracts signed in Miami-Dade County between April 20 and April 26, according to the latest Eklund-Gomes report. The report tracks list
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