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CLIENT NEWS: Robert Rivani’s Black Lion pays $63M for Miami Beach mixed-use building

April 23, 2024

Robert Rivani’s Black Lion hunted down its biggest purchase in South Florida to date, but will have to compete with other heavy hitter developers in Miami Beach’s office market. The Miami-based commercial real estate investment firm paid $62.5 million for a Miami Beach mixed-use building, The Real Deal has learned. Black Lion is paying at a 42 percent discount off the previous sale price seven years ago. Black Lion acquired the ground lease for The Lincoln, a six-story building with[...]

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CLIENT NEWS: Here are the resi projects planned for Bay Harbor Islands

August 8, 2022

Developers are zeroing in on Bay Harbor Islands, planning almost a dozen projects with nearly 400 condos and apartments. An analysis by The Real Deal found that developers have pumped nearly $150 million into land purchases in the waterfront town since May of last year. Here are some of the residential projects planned for Bay Harbor Islands: Ugo Colombo’s CMC Group and Morabito Properties, 1135 103rd Street Designed by Arquitectonica, Onda Residences will have more than 300 feet of bay[...]

CLIENT NEWS: Related, partner pay $51M for Aventura mixed-use dev site

July 29, 2022

Related Group and a partner scooped up an Aventura office property for $51 million, with plans to develop a mixed-use project on the site’s parking lot. Coconut Grove-based Related and Aventura-based BH Group bought the 4.5-acre property at 2999 Northeast 191th Street that includes the Aventura View office building, according to the buyers’ news release. The seller, an affiliate of Kendall-based Cofe Properties, had paid $38 million for the property in 2015, according to property records. The 10-story building was[...]

CLIENT NEWS: Ari Pearl, partners plan 700 apartments in North Miami Beach

July 25, 2022

Ari Pearl’s PPG Development wants to build an apartment complex on the Nova Southeastern University campus in North Miami Beach, The Real Deal has learned. The plan is for a roughly 700-unit, market-rate complex with indoor and outdoor amenities on the 8.8-acre site at 1750 and 1775 Northeast 167th Street, Pearl told TRD. Matt Press of EquiShares and Isaac Khabie of ARK Ventures are project partners. The development would be built under existing zoning, which allows for three-story to eight-story[...]

Jeffrey Bercow and Michael “Mickey” Marrero Named as “Top Lawyers” in the 2022 South Florida Legal Guide

July 13, 2022

Miami, FL, July 13, 2022 – Bercow Radell Fernandez Larkin & Tapanes is honored to announce that Jeffrey Bercow and Michael “Mickey” Marrero have been recognized as “Top Lawyers” in the 2022 South Florida Legal Guide. Since its first publication, South Florida Legal Guide has set the standard for the definitive list of Top Lawyers in the region. Top Lawyers are nominated by their peers and then reviewed and chosen by the publication’s editorial department based on their level of[...]

CLIENT NEWS: Miami Beach gives green light to controversial Peebles, Sternlicht office projects near Lincoln Road

June 24, 2022

Controversial proposals to build offices in Miami Beach near the city’s famous Lincoln Road passed another hurdle on Wednesday. The Miami Beach City Commission voted 5-1 to approve a slew of items needed for the proposals to proceed. Vice Mayor Kristen Rosen Gonzalez cast the sole dissenting vote after hours of heated debate with the rest of the elected officials. Two development groups – one led by Don Peebles and the other by Integra Investments and including Barry Sternlicht as[...]