Pembroke Pines bulk unit owner loses legal battle over property’s $21M sale
Integra Investments’ purchase of a condemned Pembroke Pines condo complex for $20.5 million is poised to proceed, after a judge shot down a bulk unit owner’s challenge of the sale process. It marks the latest chapter for the embattled 304-unit Heron Pond, a lakefront community with 19 two-story bei
Forth, MICL land financing for Miami condos as short-term rentals appeal to investors
Forth Development and MICL landed financing for their planned Botanic Residences development, a short-term rental-friendly condo in Miami. The developers secured a $17 million construction loan for the 8-story, 51-unit project slated for 758 Northwest 2nd Street, according to a news release. Arixa
Japanese firm drops $89M on Miami Worldcenter site once planned for branded condo-hotel
A Japanese firm paid $88.8 million for a 0.7-acre development site where a branded condo-hotel tower was planned at Miami Worldcenter. Tokyo-based Kasumigaseki Capital bought the parking lot on the southwest corner of Northeast 10th Street and Northeast Second Avenue in Miami from entity Miami A/I
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