Michael Comras is planning a major renovation of a Lincoln Road portfolio his namesake firm acquired for $140 million. Comras declined to confirm the purchase price, which was provided to The Real Deal by a source familiar with the transaction. Miami Beach-based Comras Company bought 11 storefronts at 600, 719–737, 741, 801–821 Lincoln Road and 723 North Lincoln Lane, a press release states. The firm financed the purchase with a $117 million loan from San Francisco-based Acore Capital. The seller,[...]
Read MoreCongratulations to firm client Lincoln Property Group on breaking ground on Miami Axis Park, a 415,000 SF state of the art logistics park in the City of Hialeah. Firm attorneys Melissa Tapanes Llahues and Maritza Haro participated in the groundbreaking.
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A push by South Florida builders to expand future growth onto Miami-Dade County farm fields survived a critical vote Monday night. The county’s Planning Advisory Council, which recommends changes to the county’s master growth plan, sided with builders and agreed not to endorse a report that would have protected land west of Kendall. The area is also targeted for the expansion of the 836/Dolphin Expressway. Instead, council members said they want to keep the land in play. “I saw some[...]
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Section 163.3184, Florida Statutes, requires local governments to evaluate and propose amendments to their Comprehensive Plans every seven (7) years through a process known as the Evaluation and Appraisal Review (EAR). The City of Miami Beach recently completed its EAR and has proposed several significant amendments to its Comprehensive Plan. We have summarized the major proposed changes to the Miami Beach Comprehensive Plan that we believe will likely impact development in the City. This update is only meant to be[...]
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Developer Rishi Kapoor is betting on co-living, starting with three projects in Miami-Dade. Kapoor, CEO of Location Ventures, is moving forward with a $50 million co-living project at 1234 to 1260 Washington Avenue, now that the Miami Beach City Commission passed co-living legislation for a portion of Washington Avenue from Sixth to 16th streets. Urbin, a co-living, co-working and wellness real estate platform led by Kapoor, has three Miami-Dade sites in the works, and Kapoor hopes to expand to 100 locations[...]
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Bercow Radell Fernandez & Larkin is pleased to announce that Michael Larkin has been elected to the Miami Beach Chamber of Commerce Board of Governors. The Miami Beach Chamber of Commerce was formed in 1921 to promote the economic well-being of Miami Beach's citizens, to improve the quality of life for the entire community, and to communicate the view of the business community on major issues of public policy. Larkin, who specializes in land use and zoning law, previously served[...]
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