Car dealer Alan Jay Wildstein bought a waterfront mansion in Fort Lauderdale for $26 million and a steep discount to the listing price. Records show Wildstein bought the 10,700-square-foot home at 2406 Laguna Drive from Matthew and Lorena Roos. He bought the home with $20.5 million in seller financing, records show. The price amounts to … Read more
Retail investors are feverish for shopping centers in Coral Springs. Maven Real Estate is the latest buyer in a string of major retail trades in the northwest Broward County city. An affiliate of Coral Gables-based Maven, led by Marc Schwarzberg and Jose Ortega, paid $40.5 million for Atlantic Crossings, a 197,406-square-foot shopping center at 750 … Read more
UHealth, the health care division of the University of Miami, continues expanding its portfolio of South Florida medical office facilities after acquiring a Deerfield Beach building for $16.4 million. Coral Gables-based UHealth bought a 45,136-square-foot building at 1192 East Newport Center Drive, records show. The two-story facility is leased to the health system’s Sylvester Comprehensive … Read more
Billionaire Larry Ellison is the new jungle king lording over Palm Beach County’s Lion Country Safari. An entity with the same Walnut Creek, California address as the Larry Ellison Foundation paid $30 million for the 254.2-acre property at 2003 Lion Country Safari Road, records and real estate database Vizzda show. Visitors to Lion Country Safari … Read more
Rooms To Go is planning to redevelop two recently acquired retail buildings in Kendall into one of the company’s largest furniture showrooms. “It’s a brand new prototype,” Rooms To Go Vice President Peter Weitzner told The Real Deal. “We are going to demolish what is there and build a huge Rooms To Go store.” An … Read more
JPMorgan joined a recent wave of buyers picking up shopping centers in Coral Springs. An affiliate of New York-based JPMorgan, led by CEO Jamie Dimon, paid $53.7 million for Shoppes at Heron Lakes at 5601 to 5791 Coral Ridge Drive, records and real estate database Vizzda show. The financial giant paid $369 a square foot … Read more
Outpost expanded its industrial portfolio into Miami-Dade County after paying $52.1 million for an outdoor storage site. Chicago-based Outpost, led by CEO Trent Cameron, acquired the 17-acre property at 3200 Northwest 67th Avenue adjacent to Miami International Airport, Marc Smouha with Corepoint RE told The Real Deal. Smouha and Jonathan Marti, also with Corepoint RE, … Read more