Condominium Developers Starts

SOURCE: Metrostudy www.metrostudy.com 561-228-8001 Rank Company / URL 2015 S. Fla. starts Notable S. Fla. communities Price range Year founded Top executive 1 The Related Group, 315 S. Biscayne Blvd., 4th floor, Miami, FL 33131, 305-460-9900, relatedgroup.com 979 GranParaiso, Icon Las Olas 140000 – 15000000 1979 Jorge Pérez 2 Swire Properties, 501 Brickell Key Drive,…

Condominium Developers Closings

SOURCE: Metrostudy www.metrostudy.com 561-228-8001 Rank Company / URL 2015 S. Fla. closings Notable S. Fla. communities Price range Year founded Top executive(s) 1 The Related Group, 315 S. Biscayne Blvd., 4th floor, Miami, FL 33131, 305-460-9900, relatedgroup.com 793 GranParaiso, Icon Las Olas 140000 – 15000000 1979 Jorge Pérez 2 The Lynd Co., 8000 Interstate Highway…

Bank seeks foreclosure against retail center

A retail center in Hialeah has been targeted for foreclosure. First-Citizens Bank & Trust Co. (Nasdaq: FCNCA) filed a foreclosure lawsuit on June 29 against Bremar Development and managing member Jorge D. Marrero. It concerns a mortgage issued for $3.59 million in 2008 by Sun American Bank, which later failed. The property at issue is…

Miami Beach retail building sells for $10.5M

A retail building on the north side of Miami Beach sold for $10.5 million. Peter Korakakos and Andre Korakakos sold the 12,652-square-foot building at 7300 Collins Ave. to Collins and 73rd Developers LLC, managed by Silvia Sabates Coltrane, the CEO of Surfside-based Transacta Developers. The price equated to $830 per square foot. It was built…