Panattoni offloads former Miami Herald HQ at a loss for $26M
Panattoni Development is abandoning plans to redevelop the Miami Herald’s former home in Doral, selling the 9-acre site at a loss for $25.9 million. A trust affiliated with Los Angeles-based Ares Management, led by Michael Arougheti, bought the property at 3511 Northwest 91st Avenue for $4 million less than the seller paid less than a […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Trump urges Fannie Mae, Freddie Mac to boost homebuilding
The Weekly Dirt: Does Miami real estate have its head in the sand?
Why has housing inventory growth slowed?
These Fall Gardening Mistakes Can Add Hundreds to Your Winter Heating Bills
From Forbes 30 Under 30 to Cell Block D: How 5 Former Wunderkinds Swapped Pricey Mansions for Federal Prison
A Pirate’s Paradise! $1 Million Home In ‘Canada’s Caribbean’ Overlooks Real-Life Shipwreck
Judy Garland’s Former Cape Cod Escape Hits the Market for $6.8 Million—Just Across the Street From Iconic Kennedy Compound
‘We Buy Crumbling Historic Homes in Baltimore—and Turn Them Into Lucrative Rentals Using DIY Skills We Learned on Google’
To Flip or Rent Out: What’s a Better Return on a Fixer-Upper Right Now?
Mississippi among slowest markets as gap with U.S. widens
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131