
Concrete mogul sells waterfront home in Miami’s Bay Point for record price to West Coast buyer
Adonel Concrete’s chairman and CEO Luis Garcia sold his waterfront home in Miami’s Bay Point neighborhood for $27.3 million, a deal that’s reflective of the massive transformation the luxury home market has gone through over the past decade-plus. Garcia listed the home at 790 Lake Road for $10 mill

Four Seasons Resort Palm Beach, East Miami hotel score refi totaling $546M
Fort Partners and Blackstone Real Estate separately landed nine-figure refinancing mortgages for hotels in Palm Beach and Brickell totaling $546 million. Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell

Going down: BH Properties former Lincoln Road movie theater sued for lease enforcement
A plan to fill the vacant Lincoln Road Regal Cinema movie theater owned by Steve Gozini’s BH Properties with a museum is on the verge of falling apart, according to a recent lawsuit. Superhuman Museum of Modern Art, a concept spearheaded by former Miami Beach mayoral candidate Steve Berke, is suing
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