The Wrap: Related Group’s first Wynwood venture called a ‘bunt,’ European investors want to buy Jungle Island…and more

Rendering of Wynwood 26

1. Related Group’s first Wynwood venture called a ‘bunt’ [Miami Today]
2. European investors want to buy Jungle Island [Miami Herald]
3. Frisbies planning another spec house on the inlet in Palm Beach [Palm Beach Daily News]
4. Miami company buys Gainesville hotel for $27 million [Daily Business Review]

Sean Stewart-Muniz

New CVS pharmacy breaks ground

CVS pharmacy broke ground on a new store on the west side of Miami. Miami-based Ocean Bank granted an $11.5 million, five-year mortgage to Astor 57th LLC, an affiliate of Coral Gables-based Astor Property Holdings led by President Henry Torres. It covers the 1.5-acre site on the east side of Southwest 57th Avenue from Southwest…