The developers plan to turn the property at 7880 Biscayne Blvd. into mixed-use development with hotel rooms, apartments and commercial space. Developers planning to redevelop a former home of the U.S. Immigration and Naturalization Service (INS) in Miami borrowed $26 million to finance the project. Three entities managed by Ye Zhang — Florida Fullview Immigration Building,…
Jeffrey Soffer, whose family property portfolio includes Aventura Mall and the Fontainebleau Resort in Miami Beach, is negotiating to acquire the Mardi Gras Casino and Race Track in Hallandale Beach. But Soffer dismissed the possibility of transferring the Mardi Gras property’s casino license to the Fontainebleau, even though the Soffer family has wanted to bring…
Property records show Caine and his wife Shakira sold unit 701 at Apogee, at 800 South Pointe Drive, to Apogee 701 LLC, a company controlled by Heidner Law of New York. The Caines sold the 4,154-square-foot unit for $7.45 million, or nearly $1,800 per square foot. The Oscar-winning actor, known for his roles in “Alfie, 
VistaBlue Singer Island is 60 percent sold, and construction of the 19-story condominium is expected to conclude in March. The developer, Third Palm Capital, has found buyers for 34 of the 58 units at VistaBlue, the first luxury condominium built on Singer Island in Riviera Beach in a decade. Construction of VistaBlue started in late…
The Orlando multifamily developer sold the 188-unit Delray Preserve for $321,000 per apartment to IMP Delray LLC, an affiliate of the Boston-based partnership between GID and CalPERS. No financing was recorded. Delray Preserve, at 2001 North Federal Highway, includes eight three-story buildings that were completed in 2016 on about 8.5 acres of land. Zom paid…
A 4-foot-high, 30-foot-long bench made of oolite stone will soon decorate Balboa Plaza in Coral Gables. The massive sculpture, called “A Midsummer Night’s Dream,†was commissioned by MG Developer, a company building three mid-rise luxury boutique townhouses near Balboa Plaza. Jenny Ducret, MG Developer’s chief operating officer, recently boasted that the installation will add value to…