Urban 301 Madeira LLC, an Aventura-based firm, recently secured a $59 million loan for a residential project. Dubbed “301-341 Madeira” by Coral Gables city records, the complex would measure nine stories above grade.
Constellation Group, a Miami-based commercial real estate investment and development firm, in partnership with The Boschetti Group, recently celebrated the groundbreaking of their Class A+ boutique office and retail project located at 4225 Ponce de Leon Boulevard in Coral Gables, often referred to as South Florida’s “City Beautiful.” This development is set to enhance the Merrick Park district, a prime destination for shopping and entertainment in the region.
HKS Real Estate Advisors has successfully closed on a substantial $21 million loan for Merrick Parc, a groundbreaking multifamily development in Coral Gables. This significant financial achievement underscores HKS’s expertise in navigating complex real estate…
An affiliate of Miami-based Cam Group has acquired an older office building in Coral Gables for $18.5 million with redevelopment plans. B & B Investments Management, managed by Wilfred Braceras in Miami, sold the 2.05-acre site at 760 Ponce de Leon Blvd., along with 112 and 120 Avila Court, to 760 Ponce De Leon LLC, led by Pedro Camejo and Joel Campo of Cam Group. The buyer secured a $13 million mortgage from Granada Financial.
Berkadia announced it has arranged the sale of 1715 Douglas, an 0.87-acre development site located at 1715 Southwest 37th Avenue in the heart of Downtown Coral Gables, within walking distance to Miracle Mile, six million square feet of office space, and two million square feet of retail. Senior Managing Directors Roberto Pesant and Jaret Turkell, Director Yoav Yuhjtman, Associate Director Omar Morales, and Associate Jose Mota of Berkadia South Florida marketed the property on behalf of the seller.
