January 3, 2005 South Florida Business JournalSunVest Communities has bought Summit Brickell View, a recently completed and largely unoccupied Miami apartment tower for $82.5 million. The Hollywood, Fla., firm plans to convert the 36-story apartment tower into condos for sale ...
January 3, 2005 South Florida Business JournalProspect Aragon – a joint venture between Prospect Capital and The Robert Martin Cos. – has paid $84.5 million for X Aragon/55 Miracle Mile, a 15-story, mixed-use building in Coral Gables, Fla. The venture ...
December 29, 2004 The Miami HeraldThe Royal Palm Crowne Plaza Resort has not lived up to the potential of its beachfront location but could generate $75 million by converting a third of its rooms to condo-hotel units, according to a ...
December 20, 2004 The Miami HeraldKnight Ridder is wasting little time trying to sell the 10 acres surrounding The Miami Herald's headquarters on Biscayne Bay. The property is offered for $150 million. The company is keeping tight-lipped about the process, ...
December 14, 2004 The Miami HeraldDeveloper Jorge Perez has paid $94 million for the Sheraton Biscayne Bay hotel in Miami and plans to demolish the waterfront hotel to make way for a mixed-use project that will include high-rise condominium towers. ...
December 9, 2004 Miami TodayOne Miami developer is bucking the trend by shifting plans for rental apartments to office use for part of a Brickell project because he thinks it will balance an area heavy with residential offerings. Alan Ojeda ...
Holliday Fenoglio Fowler has begun marketing Airport Corporate Center, an 11-building office and warehouse complex next to the Miami International Airport. The property is encumbered with a $91 million mortgage that Lehman provided early this year.
December 7, 2004 South Florida Sun-SentinelThe sale of the Royal Palm Hotel on Miami Beach has closed. Developer R. Donahue Peebles' Peebles Atlantic Development Corp. sold the 417-room hotel for $127.5 million. The buyer, Falor Cos., plans to convert some ...
December 7, 2004 Atrium at Coral Gables, a 161,107-square-foot office building in the Miami suburb of Coral Gables, Fla., has traded hands for $29 million.A joint venture between affiliates of America's Capital Partners of Miami and CB Richard Ellis Investors ...
Hotel will be demolised to make way for a mixed-use property
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