Cirrus wins distressed downtown Miami development site with $77M credit bid
Cirrus Real Estate won a bankruptcy auction for a distressed downtown Miami redevelopment site with a $77 million credit bid. An affiliate of New York-based Cirrus, led by Joseph McDonnell, topped other offers during a live sale last week conducted by Sotheby’s Concierge Auctions, court records sho
MG Developer, Prosper jump into hot North Bay Village with condo development
Alirio Torrealba’s MG Developer and Prosper Group are planning a 30-story waterfront condo tower in North Bay Village. MG and Prosper are proposing a 30-story, 147-unit tower at 1681 and 1725 North Bay Causeway, the 1-acre site they bought for $30.9 million last year. The partners filed an applicati
SC Johnson billionaire sells Palm Beach home for $17M
Billionaire SC Johnson heiress Winifred Johnson-Marquart sold a home in Palm Beach two months after upsizing to a $30 million landmarked home on the island. Johnson-Marquart and her husband, musician and music producer Mike Marquart, sold the house at 449 Australian Avenue to Victor and Julia Tolkan
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