Soffer to the rescue? JDS working on securing partner, $1B loan for Mercedes-Benz Miami project
Michael Stern’s JDS Development Group is nearing a deal to bring on Jeff Soffer’s Fontainebleau Development as a partner and secure an over $1 billion loan for the Mercedes-Benz Miami condo project, The Real Deal has learned. The deal, which has not yet closed, will replenish the project’s capital
RCI Marine, Suntex’s $80M marina redev plans head to Miami voters
The redevelopment fate of the marinas on Virginia Key will be in the hands of voters in November after a lively, more than 30-minute discussion among Miami commissioners over a referendum. Miami commissioners unanimously approved two measures tied to an $80 million proposal by Virginia Key LLC, a jo
Rubell family sells another Allapattah property to Neology for $24M
The Rubell real estate and art family sold another property in Allapattah to Neology Group in two deals totaling $24 million, the South Florida Business Journal reported. Neology paid $370 per square foot for the 46,870-square-foot warehouse sitting on 1.49 acres at 1090 Northwest 23rd Street. The
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