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CLIENT NEWS: RCLCO takes big hit offloading Miami Design District buildings

May 16, 2024

In a perplexing move, RCLCO Fund Advisors offloaded two retail buildings in Miami’s Design District, one of the nation’s top retail real estate submarkets, at a steep $17.9 million discount. In one deal, Bethesda, Maryland-based RCLCO sold a two-story, 23,645-square-foot building at 3800 Northeast Miami Court to an affiliate of Miami Beach-based Comras Company, records show. Comras is led by CEO Michael Comras. In the other deal, RCLCO sold a single-story, 9,906-square-foot building at 3946 North Miami Avenue to Kohler[...]

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Firm Client Buys South Beach Block

June 27, 2015

Bercow Radell & Fernandez Congratulates Client on Washington Ave. Purchase 601 Washington Avenue through 685 Washington Avenue in Miami Beach and Andrew Joblon Miami Beach-based investment firm Turnbridge Equities has purchased an entire block on Washington Avenue in South Beach for $36 million, with plans to redevelop the property, The Real Deal has learned. The firm assembled a string of buildings between 601 Washington Avenue and 685 Washington Avenue, on the east side of the street for the purchase, which was completed[...]

Tom Robertson Joins Firm as Senior Counsel

June 18, 2015

FORMER MIAMI-DADE COUNTY ATTORNEY THOMAS ROBERTSON JOINS BERCOW RADELL & FERNANDEZ AS SENIOR COUNSEL (MIAMI) June 18, 2015 – Bercow Radell & Fernandez is pleased to announce that it has hired former Miami-Dade County Attorney Tom Robertson as Senior Counsel. Robertson served the County for 30 years, practicing in the areas of Environmental Law, Zoning, Real Estate Finance and Liens, Personal Injury, Contracts, and general governmental law. In each of these areas, he was active in litigation, including many jury and non-jury trials. He was the general[...]

Firm Helps Client With Entitlements

June 10, 2015

Bercow Radell & Fernandez Congratulate Client on Property Sale Former Power Studios site in Design District sells for $14M Power Studios’ former site in Miami’s Design District has traded hands for $14 million, with plans to develop it into a two-story retail and entertainment venue, The Real Deal has learned. A partnership, majority owned by former banker Leonard Abess, as well as Chariff Realty Group partners Lyle Chariff and Mauricio Zapata, and others, sold the site on Tuesday, Chariff, president of Chariff[...]

Firm Obtained Approvals for Hotel

June 9, 2015

Bercow Radell & Fernandez Congratulates Client on Hotel Opening AC Hotel brings new Marriott import to Miami Sometimes when paving in paradise, you have to go out of your way to not put up a parking lot. That was developer Robert Finvarb’s take on the plot of land at 2912 Collins Ave., which once served as a contractor staging zone and future parking area for the Miami Beach Edition across the street. “The site juts into Collins, so it basically is in[...]

Firm Helps Client Move Forward

June 9, 2015

Bercow Radell & Fernandez Help Client Gain Approvals for New Projects Renderings of the Wave in South Beach Crescent Heights’ Wave and Whole Foods Win Design Approval The Miami Beach Design Review Board on Tuesday gave its approval for two large Crescent Heights projects that could transform much of Alton Road for years to come. After rejecting an earlier design last month, the board signed off on the Wave development, a mixed-use four-building project that is projected to have 300,000-square feet of[...]