May 22, 2003 The Miami HeraldThe 77-year-old Everglades Hotel in Miami has been sold for an undisclosed price to Cabi Developers, an Aventura-based subsidiary of Gicsa of Mexico. The new owners plan to raze the 376-room building and replace it ...
May 21, 2003 Miami HeraldThe Related Group has secured a $190 million loan for the $240 million construction of One Miami, a twin-tower condominium complex planned for the wedge of land where the Miami River meets Biscayne Bay. Related plans ...
May 20, 2003 Fremont Investment and Loan has provided $82.5 million of construction financing for an upscale residential condominium in Miami's Bal Harbour development.The financing will allow developer Martin Z. Margulies to construct Bellini on the Ocean, a 24-story building ...
May 16, 2003 South Florida Business JournalThe Regal Entertainment Group, a movie house owner based in Knoxville, Tenn., plans to build a 700,000-square-foot theater as part of the Kendall Village Center at the intersection of Kendall Drive and the Florida ...
May 16, 2003 New York PostMusic mogul Chris Blackwell is selling off much of his extensive real estate portfolio in Miami's South Beach to free up cash for other resort projects. On the block are several buildings totaling more than ...
May 12, 2003 South Florida Business JournalAn unidentified developer has a $15 million contract for 7.5 acres on the south bank of the Miami River, where he is planning homes and retail. Jack Schenkman, a principal with 1001 N.W. Seventh ...
A pension fund advised by Rreef has decided to sell the Mall of the Americas, an enclosed power center in Miami. Few details could be learned about the marketing effort, but the pension fund tried a few years ago to ...
May 5, 2003 The Miami Herald (Fourth Item)Colonial Bank has provided a $62 million construction loan to 1800 Club to develop Bayshore Apartments at 1800 to 1830 North Bayshore Drive in Miami. The 1.4-acre site will be developed with a ...
also 18,000 square feet of retail
May 2, 2003 Orlando Business JournalSouthern Management & Development L.P., based in Boca Raton, has purchased the 97,376-square-foot Casselberry Square retail center for $6.1 million. The seller was an individual investor based in New York. The 95 percent leased Winn-Dixie ...
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