Milestone sells complex near Zoo Miami for $109M amid cooling multifamily i-sales market
Harbor Group International beefed up its South Florida portfolio with a $109 million purchase of an over 500-unit apartment complex near Zoo Miami. The deal, which marked a $2 million gain from the property’s 2021 price, comes amid a cooling multifamily investment market in the region amid higher c
Prosper, European developer buy Miami River condo dev site for $50M
Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million. They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Bric
Inside the power struggle between PMG and a downtown Miami condo-hotel association
Property Markets Group sued the condo association at the Elser Hotel & Residences, marking the latest dispute between them over control of the downtown Miami condo-hotel. Last week, an affiliate of Miami-based PMG sued 398 NE 5th Street Condominium Association, the property management firm RealMana
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