
Blackstone sells another South Florida senior living facility at a discount
Blackstone sold another South Florida senior living facility to BH Group and Gold Standard of Care at a discount. The joint venture paid $12.2 million for Atrium at Boca Raton, roughly $10 million below the previous sale price eight years ago, according to a source familiar with the deal. Gold Stan

Little Havana developer converting apartments to condos, launching sales
An Aventura-based developer is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project, The Real Deal has learned. Gamla Cedron Group, led by CEO Shaoul Mishal, hired Douglas Elliman to lead sales of the eight-story, 100-unit Central

Comras buys Lincoln Road retail portfolio for $140M, plans redevelopment
Michael Comras is planning a major renovation of a Lincoln Road portfolio his namesake firm acquired for $140 million. Comras declined to confirm the purchase price, which was provided to The Real Deal by a source familiar with the transaction. Miami Beach-based Comras Company bought 11 storefront
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