The Weekly Dirt: Is the $4B American Dream Miami too big to fail?
The Ghermezian family is still chasing the American Dream in Miami. To the average person, it seems like the planned $4 billion, 6 million-square-foot entertainment and retail center in South Florida might never get built. It’s been seven years since Miami-Dade County commissioners approved a massi
Paul Cejas plans Lincoln Road apartment project
Paul Cejas, the chairman of PLC Investments and ambassador to Belgium under Bill Clinton, is planning an apartment project on Lincoln Road. Cejas’ proposal for the site 1600 Washington Avenue and 1601 Drexel Avenue in Miami Beach will be considered by the city’s Planning Board at its Sept. 9 meeting
Acre scores $72M refi for Miami waterfront multifamily project
Acre landed a $72 million refinancing for a 236-unit multifamily project on Miami’s waterfront. Nuveen Real Estate, part of TIAA, provided the three-year, floating-rate loan for Adela at MiMo Bay, a five-story apartment building facing Biscayne Bay at 6445 Northeast Seventh Avenue in Miami’s MiMo Bi
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