Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Residences begins vertical construction with financing infusion
Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Miami Beach is moving forward with new mezzanine financing. Records show the developer secured $85 million in mezzanine debt for the property in early August from Aman Miami Beach Mezz LLC, which is an affiliate of New York-based GoldenTree
Favo buys 277-unit apartment tower in Hollywood for $190M
Private credit firm Favo Capital bought a 277-unit apartment tower facing Young Circle in Hollywood for $190 million. The deal marks one of the priciest multifamily investment sales so far this year in South Florida. Lauderhill-based Favo bought the 22-story 1818 Park apartment building with groun
Summer slowdown: Broward weekly condo sales drop to $29M
Broward County’s condo sales and dollar volume dropped last week. Brokers closed 96 condo sales totaling $29 million from Aug. 4 to Aug. 10. That’s down from 134 condo sales totaling $33.5 million the week prior. Last week’s units sold for an average of $302,128, higher than the $250,182 average p
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