Jul 06, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News July 6, 2015

Ytech buys 188 apartments in Miami Beach for $27M

 

An affiliate of Miami-based developer Ytech International bought a group of 188 apartments in Miami Beach for $27.15 million.  Grand Beach LLC, managed by Roland Faith and Roy Faith, sold the 11 neighboring properties to Ytech-180 Units Miami Beach Investment, headed by Ytech Chairman and CEO Yamal Yidios. The company…

Stiles Realty Brokers Sale Of Largest Marina/Boatyard In The United States

Stiles Realty Broker Associate Julie Fisher Berry represented the sellers in the transaction.

Dania Jai Alai casino scores $40M loan as construction continues

The owners of the Dania Jai Alai casino obtained a $40 million mortgage from BankUnited as its facility undergoes major renovations.  The Miami Lakes-based bank (NYSE: BKU) granted the mortgage to Dania Entertainment Center, managed by Leon Reitnauer, for the 217,172-square-foot complex at 301 E. Dania Beach Blvd.

Cold Storage Warehouse Facilities in Miami

Temperature controlled warehouses (like this one in Holland) are located all over the world.  Cooler warehouses, freezer warehouses and refrigerated warehouses are all commonly used terms to describe a cold storage facility. A cold storage facility is ideal for a wide array of perishable goods such…