HRP-led entity is mystery buyer paying $180M for Fisher Island dev site
An entity led by HRP Group, a Chicago-based real estate firm specializing in redeveloping contaminated properties, is the mystery buyer paying $180 million for a 9.6-acre development site on Miami Beach’s Fisher Island, The Real Deal has learned. The parcel, home to a fuel depot owned by global energy company TransMontaigne Partners, is the last remaining plot of land on Fisher Island primed for redevelopment, but it would require environmental cleanup. A spokesperson for HRP, a subsidiary of private financial services firm Hilco Global, confirmed that the firm is under contract to purchase the TransMontaigne site at 1 Fisher Island […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
‘Big Short’ Investor Michael Burry Discloses Major Stake in Fannie Mae and Freddie Mac
The 5-Year Rule Is No More: Here’s How Long You’ll Need To Stay in Your House To Truly Break Even
Kendall Jenner Opens the Doors to ‘Top Secret’ Custom-Built Mountain Retreat—With Room for Her ‘Future Kids’
Better Homes and Gardens Real Estate details 2026 homebuyer trends
Stress appears for consumer credit conditions
Stop Roof Rot Now: How To Fix Ice Dams Before They Cause Damage
New York’s New Senior Property Tax Break Aims To Ease Tax Burdens
Coalition presses for stronger federal flood response, eyes ROAD to Housing Act
As rural housing costs soar, financing affordable housing remains a hurdle
Mortgage delinquencies steady in September, but there’s ‘signs of stress beneath the surface’
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131