Moishe Mana sells Hibiscus Island home for $12M, CitizenM scores $48M loan to build Brickell hotel

Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page throughout the day. Please send any tips or deals to [email protected]

This page was last updated at 5:45 p.m.

The founder of Cash4Gold bought a waterfront home in Miami Beach’s La Gorce Island for $19.6 million. The home sold at a 44 percent discount from its listing nearly four years ago. Jeff Aronson and his wife Carolyn bought the 10,094-square-foot estate at 100 La Gorce Drive for $1,941 per square foot. Rapa Holdings, which is managed by Andrew Feldman, sold the property. [TRD]

Diesel family dishes on Wynwood condo project. Diesel launched a marketing campaign for its condo development, offering to sell 143 “one-of-a-kind” T-shirts starting at just under $1.6 million. With the shirt, the buyer would receive a condo. [TRD]

Moishe Mana sells Hibiscus Island home for $12M. Developer Moishe Mana sold a 1937 home in Miami Beach to a buyer who plans to build a new modern mansion on the property. Mana’s Martini Realty LLC sold the 5,492-square-foot home at 420 South Hibiscus Drive on Hibiscus Island to 420 S Hibiscus Drive SFH LLC, a Delaware company, for $12 million. [TRD]

Miami may be closer to banning Special Area Plans. On Jan. 15, the city of Miami’s Planning, Zoning and Appeals Board will discuss proposed legislation that could do away with SAPs altogether. The board voted Wednesday to discuss a rule at its Jan. 15 meeting that would recommend that the city remove SAPs from the Miami 21 zoning code. [TRD]

Breather bloodbath: Flex-office startup fires 17% of staff. Breather, an on-demand workspace company, fired almost a fifth of its staff Thursday. The Montreal-based firm, which provides office space across 10 different cities and has more than 100 employees, laid off at least 18 staffers, The Real Deal has learned. [TRD]

CitizenM scores $48M loan to build Brickell hotel. CitizenM scored a $48.3 million construction loan to build a new hotel at the former site of Perricone’s Marketplace & Cafe in Brickell. The hotelier secured the loan from Manufacturers and Traders Trust Co. for the 252-key hotel at 955 South Miami Avenue in Miami. [TRD]

AquaBlue Group owner lists South Beach apartments for $14M. A company tied to AquaBlue Group owner Philippe Harari is looking to sell a South Beach apartment complex for $13.9 million. Greenview Courtyard, at 2021-2035 Meridian Avenue, across from the Miami Beach Golf Club, includes three buildings with a total of 30 units. The price breaks down to about $463,000 per apartment. [TRD]

Catsimatidis scores approval for $300M tower in St. Petersburg. Greek-American billionaire John Catsimatidis landed approval for what could become the tallest condo tower on the west coast of Florida. Catsimatidis’ Red Apple Group received site plan approval from the St. Petersburg’s Development Review Commission on Wednesday for a $300 million mixed-use project, the Tampa Bay Times reported. [TRD]

Lawsuit seeks to halt new EB-5 regulations. Less than a month after the new EB-5 rules came out, a Florida regional center has filed a motion in federal court, seeking a temporary restraining order to halt enforcement. The company, Florida EB5 Investments, alleges the new requirements — which took effect Nov. 21 — violate the U.S. Constitution, were not properly reviewed for potential fallout and will end up killing business. [TRD]

Some roads in the Florida Keys may be abandoned due to sea-level rise. Raising three miles of Old State Road 4A in the Keys to withstand sea-level rise and king tide by 2025 could cost $75 million, according to the Miami Herald. In 2045 the costs could increase to $128 million. In 2060, the costs could rise to $181 million. Monroe County asked for $150 million to address sea-level rise for the whole county. [Miami Herald]

Joe Biden proposes $1 Trillion in new corporate taxes. Democratic presidential hopeful Joe Biden proposed nearly $1 trillion in new corporate taxes on Wednesday as part of a plan to bring in more revenue in order to pay for healthcare, climate, infrastructure and education costs, according to the Wall Street Journal. Part of his plan would be to tax companies like Amazon.com that show little or no U.S. tax costs. [WSJ]

How Art Basel Has Become the Biggest Art Fair in the World

How Art Basel Has Become the Biggest Art Fair in the World

Art Basel celebrates the creative legacy, visionary spirit and global command that make the contemporary art fair the gold standard.

On June 18, 2020, Messe Basel, the stunning exhibition c…

Estados Unidos sancionó a corporación de hackers rusos por robar 100 millones de dólares

Estados Unidos sancionó a corporación de hackers rusos por robar 100 millones de dólares

Estados Unidos sancionó al grupo de hackers rusos Evil Corp y los acusó de crear el virus Dridex, con el que lograron robar datos bancarios de diversas entidades en más de 40 países.

Por Redacción Miami Diario

El Departamento del Tesoro norteamericano anunció hoy las sanciones contra la organización cibercriminal quienes a través de dicho malware robaron más de $100 millones de dólares a instituciones financieras.

Según los cargos dados a conocer por la Oficina de Control de Activos Extranjeros (OFAC), los ciudadanos rusos Maksim Yakubets e Igor Turashev dirigieron una red de 17 personas, quienes instalaron aplicaciones maliciosas para robar información y dinero.

“Estamos sancionando a Evil Corp como parte de una amplia acción contra una de las organizaciones criminales cibernéticas más prolíficas del mundo. Esta acción coordinada tiene por objeto interrumpir las masivas campañas de phishing (suplantación de identidad) orquestadas por este grupo de hackers con sede en Rusia”, dijo Steven Mnuchin, secretario del Departamento del Tesoro de EE.UU.

“Nuestro objetivo es cerrar Evil Corp, disuadir la distribución de Dridex y proteger a nuestros ciudadanos de las actividades criminales del grupo”, agregó.

La acusación identifica a Maksim Yakubets como el líder de la agrupación criminal durante los últimos ocho años.

Asimismo, el Departamento del Tesoro indicó que el sujeto trabajó específicamente para la agencia de inteligencia del FSB (Servicio Federal de Seguridad de Rusia) “a partir de 2017”, y que tenía “la tarea de trabajar en proyectos para el Estado ruso”.

“El gobierno de los Estados Unidos no tolerará este tipo de actividad por parte de otro gobierno o sus representantes y continuará individualizando las responsabilidades”, indicaron desde la institución.

Fuente: Infobae

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La entrada Estados Unidos sancionó a corporación de hackers rusos por robar 100 millones de dólares se publicó primero en Miami Diario.

Cash4Gold founder drops $20M on Miami Beach estate

Cash4Gold founder drops $20M on Miami Beach estate

100 La Gorce Drive, Carolyn Aronson and Jeff Aronson

100 La Gorce Drive, Carolyn Aronson and Jeff Aronson

The founder of Cash4Gold bought a waterfront home in Miami Beach’s La Gorce Island for $19.6 million. The home sold at a 44 percent discount from its listing nearly four years ago.

Jeff Aronson and his wife Carolyn bought the 10,094-square-foot estate at 100 La Gorce Drive for $1,941 per square foot. Rapa Holdings, which is managed by Andrew Feldman, sold the property.

That sale price was a significant price chop from 2016, when it listed for $34.9 million.

Nancy Batchelor of Berkshire Hathaway HomeServices EWM Realty represented the seller in the deal. The buyer was represented by Mirce Curkoski of ONE Sotheby’s International Realty.

Aronson founded Cash4Gold in 2007 and it went bankrupt in 2012 amid complaints from customers for not receiving payments. The company allowed people to mail in their gold and silver jewelry in exchange for cash without going to a pawn shop. Cash4Gold gained popularity during the recession as more people fell on hard times. The company was also known for its 2009 Super Bowl commercial featuring MC Hammer.

Aronson is now CEO of TitanFC, a American mixed martial arts promotion based out of Pompano Beach, FL that is a minor league to the Ultimate Fighting Championship. His wife Carolyn is an entrepreneur and founder of It’s a 10 Haircare brand.

The house sits on 2 acres of land and has seven bedrooms and 10 bathrooms. Built in 1952, it features a pool, patios, and spa. It also has a separate guest house, a gym and a pool house with a full kitchen.

The property includes a tennis courts and 2 boat lifts.

La Gorce Island is a private, residential island consisting of 59 high-end homes. In June 2018, Rob Arnott, who runs the asset manager Research Affiliates bought a waterfront spec mansion on La Gorce Island for $32 million. At the time, the deal was the most expensive purchase in Miami Beach since at least 2015.

The post Cash4Gold founder drops $20M on Miami Beach estate appeared first on The Real Deal Miami.

Blackstone sells Marriott in Weston, Sapir Corp.’s stock tumbles

Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page throughout the day. Please send any tips or deals to [email protected]

This page was last updated at 6:00 p.m.

Blackstone sells Weston hotel for $12 million. Blackstone sold a 94-key Marriott hotel in Weston for $12.38 million, three years after purchasing the property. The New York-based private equity firm sold Towneplace Suites by Marriott at 1545 Three Villages Road for $131,702 per key, records show. Coral Gables-based Kenne RE, led by Gustavo Blanco, purchased the property. [TRD]

Sapir Corp.’s stock drops in Tel Aviv. The NoMo SoHo hotel owned by the Sapir Corp. saw its net operating income fall in the third quarter, dragging down the company’s overall performance. In the last week, Alex Sapir’s real estate company, which trades on the Tel Aviv Stock Exchange, saw its stock price fall by about 18 percent. [TRD]

David Martin slashes ask of Grove at Grand Bay PH. The developer dropped the price of his penthouse to $19.8 million, a 29 percent cut from the original preconstruction price. The 10,118-square-foot, six-bedroom condo, at 2675 South Bayshore Drive, was relisted in 2018 with Carmenate and Duchon for $25 million. [TRD]

Blackstone sells Weston hotel for $12 million. Blackstone sold a 94-key Marriott hotel in Weston for $12.38 million, three years after purchasing the property. The New York-based private equity firm sold Towneplace Suites by Marriott at 1545 Three Villages Road for $131,702 per key, records show. Coral Gables-based Kenne RE, led by Gustavo Blanco, purchased the property. [TRD]

Missouri investor sells Palm Beach Gardens charter school. A charter school in Palm Beach Gardens sold for $21.2 million amid a growing interest in non-traditional schools from out-of-state investors. Kansas City, Missouri-based EPR Properties sold the 74,872-square-foot Franklin Academy at 5651 Hood Road for $283 per square foot, records show. [TRD]

Youngwoo’s latest development play is a vineyard in Argentina. Just before the 2008 crash, developer Young Woo made a big investment in an unlikely venture: South American farmland. Woo and his partner Margarette Lee bought a 2,000-acre plot of farmland less than an hour outside of Mendoza. [TRD]

Len Blavatnik teams with Vlad Doronin on Aman-branded towers in Faena District. Billionaires Len Blavatnik and Vlad Doronin are partnering to build the first Aman-branded development in the Miami area. Blavatnik’s Access Industries and Doronin’s OKO Group plan to build two towers on the site of the former Versailles Hotel at 3425 Collins Avenue in Miami Beach. [TRD]

Katerra CEO Michael Marks and its factory in Pheonix, Arizona (Credit: Katerra, Google Maps)Katerra closes Phoenix factory. Katerra, a Silicon Valley startup backed by SoftBank, has closed a large factory in Phoenix, weeks after one of its co-founders left the firm. The Menlo Park–based firm, which is valued at more than $4 billion, says it uses tech to deliver construction projects inexpensively. But it has a history of delaying or abandoning projects and in recent months has laid off hundreds of employees. [TRD]

The demolition of an unfinished Boynton Beach development begins after long wait. Demolition has begun at Estates of Boynton Waters where the first of five homes with no roofs were torn down on Monday, according to the Palm Beach Post. The troubled developer, John Kennelly, was supposed to either complete the project or tear them down in 2016. The county eventually stepped in in 2018 to finish the project. [Palm Beach Post]

Rendering of Regatta Harbour

Rendering of Regatta Harbour

Luxury gym concept Anatomy will open in Coconut Grove next year. Anatomy inked a lease for 14,500 square feet at Regatta Harbour, The Real Deal has learned. Treo Group is developing the mixed-use project at 3385 Pan American Drive. Anatomy will be located in ground-floor retail space on the south side of the development [TRD]

Kolter Homes launched sales for Cresswind Lakewood Ranch near Sarasota. The new 55+ community will have 10 model homes designed by Design Environments Interiors and Masterpiece Interiors. Homes will range from two to four bedrooms. It is located in a 31,000-acre master-planned community featuring shopping, dining, entertainment, a hospital, golf and the Sarasota Polo Club.

Mister E Makes it Rain (Technicolor $100s) at SCOPE Miami Beach

Mister E Makes it Rain (Technicolor $100s) at SCOPE Miami Beach

Artist Mister E is changing the way we view cash — one brightly colored Ben Franklin at a time.
Mister E is showcasing his iconic “Benny Jr.” bills at SCOPE Miami Beach.
It’s…

Conoce los requisitos para que Miami pague la renta a las personas de la tercera edad

Conoce los requisitos para que Miami pague la renta a las personas de la tercera edad

El alcalde de Miami, Francis Suárez, dio a conocer un programa que beneficiará a las personas de la tercera edad que gastan mensualmente más del 50% de sus ingresos en el pago de su alquiler.

Redacción MiamiDiario

Con el programa de Asistencia de Alquiler para personas de la tercera edad, la alcaldía busca solucionar un problema que afecta a los personas mayores, como es el alquiler de su hogar, así lo dio a conocer univision.com.

Suarez señaló, «el aumento de la renta es mucho más grande que el aumento del seguro social.»  El objetivo de este programa es «que la alcaldía pague la diferencia a un máximo de 100 dólares para las personas que califiquen para este programa».

Requisitos para aplicar a este novedoso plan

Los requisitos que solicita la alcaldía para que las personas se postulen a este programa de Asistencia de Alquiler para personas de la tercera edad son:

  • Tener más de 62 años de edad.
  • Ser residente de la ciudad de Miami.
  • Presentar una identificación válida.
  • Presentar una declaración jurada que indique que es residente de esta localidad,
  • Que los ingresos anuales del postulante no superen los 23.000 dólares, y si es una pareja que no sea mayor de 27.000 dólares.

Este programa fue aprobado por la Comisión de la ciudad de Miami, no obstante varios de sus integrantes lo consideran insuficiente como es el caso del comisionado José Carrollo, quien  manifestó: «Este es un excelente plan, pero va ayudar solamente a unas 700 u 800 personas».

Mientras las personas de la tercera edad ven con esperanza este programa.

Las planillas para inscribirse estará disponibles a partir del 9 de diciembre, en la sede del gobierno local en Coconut Grove, en las oficinas administrativas, informó univisión.com.

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La entrada Conoce los requisitos para que Miami pague la renta a las personas de la tercera edad se publicó primero en Miami Diario.

Ryan Serhant’s must-have “three E’s” for every broker he hires

Ryan Serhant’s must-have “three E’s” for every broker he hires

Can you find something in common with a stranger and get his or her contact info? If not, this “Million Dollar Listing New York” star can’t work with you.

Nestseekers International agent Ryan Serhant runs a 60-person team covering New York City, Miami and Los Angeles. Over that time, he’s hired quite a few brokers.

And while you could first try playing his mobile app game “Agent Empire: New York” to get a taste for life with Serhant, the agent was willing to share a few tips on what you could say to impress him in an interview. Here’s a hint: Be prepared to get personal.

The post Ryan Serhant’s must-have “three E’s” for every broker he hires appeared first on The Real Deal Miami.