Coca-Cola Mogul Sells Key Biscayne Mansion for $24M

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Coca-Cola bottling mogul and art collector Carlos de la Cruz Sr. sold his waterfront Key Biscayne mansion for $23.5 million. Records show de la Cruz sold the house at 5 Harbor Point to an entity named for the address and managed by Alvaro Castro Mendivil Pinillos, the head of a Peruvian construction company.  Brigitte De … Read more

Blackstone Sells Palm Beach Gardens Rentals to TA Realty

Blackstone Sells Palm Beach Gardens Rentals to TA Realty

TA Realty picked up a 476-unit apartment complex in Palm Beach Gardens for $193 million, marking a continuing uptick of multifamily investment sales in South Florida.  Boston-based TA Realty bought the gated garden-style community at 100 Portofino Drive from New York-based Blackstone, according to records and real estate database Vizzda. The deal breaks down to … Read more