
Waterton sells 427-unit apartment complex in West Miami at a discount for $111M
Waterton Residential sold a 427-unit apartment complex in West Miami for $111 million, marking a 4.7 percent discount from its purchase price nearly a decade ago. Chevy Chase, Maryland-based FCP, or Federal Capital Partners, bought District West Gables, consisting of a pair of seven-story buildings

Oil recycling mogul finds buyer for $55M waterfront Gables Estates mansion
Oil recycling mogul Steven Lempera’s bet on Gables Estates appears to have paid off. Lempera found a buyer for his waterfront Gables Estates mansion, asking $54.9 million. He paid $25.5 million for the property at auction in 2019, a year after he sold his company to Patrick Dovigi’s waste managemen

Lease roundup: Stearns Weaver renews nearly 100K sf lease at Moishe Mana-owned tower in downtown Miami
Stearns Weaver Miller Weissler Alhadeff & Sitterson | Miami Stearns Weaver Miller Weissler Alhadeff & Sitterson is staying at downtown Miami’s Museum Tower. The law firm renewed its 96,800-square-foot lease at the tower at 150 West Flagler Street, according to a news release from the landlord’s
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