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CLIENT NEWS: Robert Rivani pays $23M for waterfront Palm Island mansion

December 1, 2025

Commercial real estate investor Robert Rivani paid $23 million for a waterfront Miami Beach mansion, The Real Deal has learned. Rivani, who leads his Miami-based firm Rivani, formerly called Black Lion, plans to spend millions of dollars to renovate the 9,200-square-foot mansion at 16 Palm Avenue, according to sources. Rivani lives in Miami’s Morningside and purchased the home as an investment. The seller is Tom Sullivan, the founder and CEO of Lawrenceburg, Tennessee-based Lumber Liquidators, records show. Sullivan inked the[...]

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CLIENT NEWS: Two Tallest Towers Ever Proposed South Of Brickell Get New Renderings

December 21, 2021

Developers 13th Floor Investments and Adler Group have revised plans to build two 39-story towers next to a Metrorail station. The twin proposed towers, which are part of the Link at Douglas megaproject, could become the tallest south of Brickell. A submittal in August showed them topping off at 444 feet above ground. The previous tallest south of Brickell was also at the same development – a 36-story, 393-foot tower called CASCADE, which has topped off. A 22-story tower in[...]

CLIENT NEWS: Miami Worldcenter developer nabs $340M financing for mixed-use tower, marking third largest construction loan ever in Florida

December 16, 2021

The flow of money from New York to South Florida continues. Silverstein Capital Partners provided Dan Kodsi’s Royal Palm Companies with a $340 million construction loan for Legacy Hotel & Residences, a mixed-use condo and hotel tower planned for Miami Worldcenter in downtown Miami. The financing marks the third largest construction loan ever in Florida, following two others for projects in Miami-Dade County, according to a press release. The two others were: a $558 million loan for the construction of the Estates at Acqualina[...]

CLIENT NEWS: Worldcenter Agrees to Allow Office Space At Former Miami Arena Site

December 15, 2021

It appears that the former Arena site at Miami Worldcenter may be getting office space. On November 19, Worldcenter’s master developer amended a restrictive covenant to allow for office to be developed on the property, county records show. It isn’t clear if the new project will also have other uses. However, it will be a “high density” development, according to a July statement by Witkoff Group and Monroe Capital, who own the property. Miami Worldcenter representative declined to comment on[...]

Emily K. Balter Elected to the Cuban American Bar Association 2022 Board of Directors

December 14, 2021

Bercow Radell Fernandez Larkin & Tapanes is proud to announce that associate, Emily K. Balter, has been elected to serve on the Cuban American Bar Association (CABA) 2022 Board of Directors. CABA is a non-profit voluntary bar association founded in 1974 by lawyers of Cuban descent. CABA’s members include judges, lawyers, and law students of all backgrounds interested in issues affecting the Cuban community as well as minority communities as a whole. As an active member of CABA, Emily has[...]

CLIENT NEWS: Terranova sells longtime Miami Beach HQ for $22M

December 13, 2021

Terranova Corporation sold its longtime headquarters in Miami Beach for $22 million, marking one of the largest investment sales on 41st Street. Terranova sold the nearly 52,000-square-foot building at 801 Arthur Godfrey Road to Fifteen Group in an off-market deal, Terranova Chairman Stephen Bittel told The Real Deal. Miami-based Fifteen Group, led by Mark and Ian Sanders, plans to renovate the building and lease it to family offices, wealth management and financial firms, according to a release. Terranova paid $4.3[...]