Strike out! Washington Nationals owner sells Kendall apartment project at $42M loss
The billionaire family that owns the Washington Nationals struck out in the Kendall multifamily submarket. An affiliate of Rockville, Maryland-based Lerner Residential sold Motion at Dadeland, a 25-story tower with 295 apartments at 8400 South Dixie Highway for $72.4 million, records and real estat
Cornerstone, Brookstone propose 354-unit multifamily project in Little Havana
The Cornerstone Group and Brookstone Partners propose a 354-unit multifamily tower in Miami’s Little Havana neighborhood, amid an apartment building frenzy in South Florida. Cornerstone and Brookstone, both based in Hollywood, want to develop an eight-story building with a 5,000-square-foot grocery
Chetrit’s Pompano Beach condo dev site, Hollywood Beach Resort units head to UCC auction
Chetrit Group’s waterfront condo development site in Pompano Beach and its units at the Hollywood Beach Resort condo are headed to a Uniform Commercial Code foreclosure auction. The lender that provided a $17.2 million loan on both properties in 2022 filed for the UCC foreclosure, according to a pu
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