Distressed Miami River dev site hits market with $18M asking price
A distressed Miami River development site tied to allegations of fraud hit the market again with a reduced asking price of $18 million. The 1.8-acre property comes with city approvals for a 40-unit townhome development called Miami River Cove, previously planned by a joint venture led by Marlon Gome
Brokerage boom: Engel & Völkers adds Miami Beach office, plans Coconut Grove relaunch
Engel & Völkers is expanding in Miami-Dade County. The brokerage is opening an office in Miami Beach’s South of Fifth neighborhood and planning to reopen in Coconut Grove later this year, according to a press release. The offices will be led by license partners Daniel Nault and Vanessa Gomez, who jo
When cash is king: Inside Spanish billionaire Amancio Ortega’s South Florida investments
Spanish billionaire Amancio Ortega is on a global summer shopping spree, making a splash in South Florida. Ortega’s Ponte Gadea real estate investment family office is buying the 30-story Sabadell Financial Center in Miami’s Brickell for about $275 million, and also bought the 44-story, 259-unit Ve
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