Cam Group Acquires 2.05-Acre Site At 760 Ponce de Leon Boulevard In Coral Gables, Slated For Redevelopment

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.

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The Altman Companies To Acquire 3.25-Acre Site At 11240 Biscayne Boulevard For 11-Story Apartment Project

The Altman Companies, a multifamily development subsidiary of Fort Lauderdale’s BBX Capital Corp., is acquiring a development site in the Biscayne Shores area of Miami-Dade County. In September, the developer submitted a pre-application to county officials for an 11-story development on a 3.25-acre site at 11240 Biscayne Boulevard, designed by Cohen Freedman Encinosa & Associates. The currently vacant property is being purchased from Miami-based Bianca Investments.

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