CLIENT NEWS: Here’s how much Suntex paid for Monty’s Raw Bar and adjacent marina in Coconut Grove

February 19, 2021

Suntex Marina Investors bought the long-term lease for Monty’s Raw Bar and Prime Marina Miami in Coconut Grove for $14.7 million, records reveal. Dallas-based Suntex Ventures purchased the 70-year lease for the marina, also called Bayshore Landing, at 2550 South Bayshore Drive earlier this month. Aligned Bayshore Raw Bar LLC, tied to Jose Hevia’s Prime Marina Group, sold the property. Records show Aligned Bayshore Raw Bar assigned the lease to Coconut Grove F&B LLC, a Delaware corporation signed by Bryan[...]

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Client News: Iconiq buys Related and Block Capital’s Wynwood apartments for $77M

February 18, 2021

San Francisco investment firm Iconiq Capital paid $77 million for a mixed-use apartment building in Miami’s Wynwood neighborhood. Related Group and Block Capital Group sold The Bradley Wynwood, a 175-unit building that was previously leased to short-term rental operator Domio, to Iconiq. Domio, which shut down last year, had a 10-year master lease with extension options. In October, Related and Block Capital listed the building at 51 Northwest 26th Street for sale with a whisper price of about $90 million, before Domio shuttered. Berkadia[...]

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City of Miami’s Miami 21 Task Force Elects Melissa Tapanes Llahues Chairperson

January 27, 2021

Bercow Radell Fernandez Larkin & Tapanes is pleased to announce that Melissa Tapanes Llahues has been elected chairperson of the City of Miami’s Miami 21 Task Force at its January 22 meeting. The ad hoc committee was created to conduct a comprehensive review of the Miami 21 zoning code, a form-based code guided by tenants of “New Urbanism” and “Smart Growth” principles. Tapanes Llahues was appointed by Commission Manolo Reyes to represent his district, District 4. Miami 21 represents the “Miami[...]

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Melissa Tapanes Llahues Panelist on Upcoming FAWL Event

January 11, 2021

Melissa Tapanes Llahues will be a panelist discussing “Combatting Gender Pay Disparity: Year-End Performance Reviews and Salary Negotiations,” on January 21, from 5:30 p.m. – 7:30 p.m., via Zoom. Click here to register. The event is sponsored by the Miami Dade chapter of the Florida Association of Women Lawyers (FAWL). The organization is a volunteer bar association dedicated to actively promoting the advancement of women in the legal profession, expanding the leadership role of its members in the community at[...]

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CLIENT NEWS: Hospitality mogul David Grutman wins approval for waterfront mansion

January 7, 2021

Nightlife entrepreneur David Grutman obtained permission to replace a 1933-era waterfront home on one of the most expensive streets in Miami Beach with a new two-story mansion. Grutman’s plans were approved by the Miami Beach Design Review Board Tuesday morning by a vote of 4 to 2. The Groot Hospitality founder won’t necessarily demolish the 87-year-old mansion at 2050 North Bay Road. He’s offered to donate the architecturally significant building, designed by architect Carlos Schoeppl, to anyone willing to cart it away[...]

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CLIENT NEWS: JDS Development assembles land for Brickell project with $23M in deals

December 17, 2020

JDS Development Group moved a step closer to building a 2.48 million-square-foot project in Miami’s Brickell after purchasing properties for $23 million. Led by Michael Stern, New York-based JDS Development Group executed two transactions through affiliate 191 SW 12 Owner LLC. They cover part of the land needed for its 1 Southside Park project. In the bigger deal, CS Brickell LLC, an affiliate of Choice Hotels, sold the 22,500-square-foot property at 145, 155 and 165 S.W. 12th St. for $14 million. The[...]

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