Shops at Sunset Place owner seeks taxing district to raise $149M
The long-awaited redevelopment of the Shops at Sunset Place in South Miami is seeking a nine-figure boost for the mixed-use project’s infrastructure. Midtown Development, led by founder Alex Vadia, is requesting Miami-Dade County’s approval to establish a special taxing district that would finance
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
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