Astor pivots to for-sale condos in Little Havana amid rental slump
Henry Torres’ Astor Companies is pivoting its planned Little Havana apartment project to condos. The developer secured a $36 million construction loan in September for the eight-story, 179-unit Havana Enclave complex planned at 315 Northwest 27th Avenue. Six months later, Torres is launching sales, with pricing ranging from about $350,000 to just over $700,000, according to a news release. Coldwell Banker Realty’s Oscar Arellano Team, which includes Oscar Arellano, Eyvis Mendoza and Nelson Albareda, is leading sales and marketing. Torres bought the 1.2-acre site for $10 million in 2024, according to property records. He originally planned to use the Live […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131