Midtown pays $45M for suburban complex, tees up rentals project
Midtown Capital Partners bought an office complex in Pembroke Pines for $44.5 million, making way for a potential multifamily project. Miami-based Midtown Capital purchased The Edison at 1200-1300 Southwest 145th Avenue from Atlanta-based TPA Group, according to records and Vizzda. The buyer borro
Aimco sidesteps over $5M in taxes for record $520M Brickell dev site sale
Aimco shielded its record $520 million sale of a Brickell development site from roughly $5.5 million in state taxes and a county surtax usually levied for property sales. By not recording a deed, the Denver-based firm sidestepped about $3.12 million in Florida documentary stamp taxes and $2.34 mill
Trump’s target on corporate landlords could have a huge effect in Florida
President Donald Trump’s pledge to bar corporate investors from buying homes would land with outsized force in Florida, where Wall Street-backed landlords have spent years amassing vast portfolios of single-family rentals. Any attempt to curtail institutional ownership is likely to face stiff opposi
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