El-Ad assembles second Coconut Grove dev site with $62M office building buy
El-Ad National Properties is assembling development sites in Miami’s Coconut Grove, paying $62.3 million for an office building next-door to a condo building it bought in recent months, The Real Deal has learned. An entity tied to Boca Raton-based El-Ad National bought The Grove at 3250 Mary office
Ken Griffin-linked broker Mario Borda buys out Wynwood condos
Five business entities managed by broker Mario Borda — who has worked on behalf of billionaire Citadel CEO Ken Griffin — bought out condo building in Miami’s Wynwood district. Borda was behind a 35-unit buy at Wynwood Lofts, at 250 Northwest 23rd Street in Miami’s art district, the South Florida Bus
Jorge Ramos wins $50M bankruptcy auction bid for Blue Lagoon property
Developer Jorge Ramos won a bankruptcy auction for a vacant development site in the Blue Lagoon area near Miami International Airport with a $50 million bid. The 7-acre assemblage at 4865, 4875 and 4885 Northwest 7th Street became available after its owners, entities connected to developer Caroline
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