The Real Deal Miami

Posts Tagged ‘carlos mattos’

  • A 2.2-acre site in Sunny Isles Beach has been purchased by a Fortune International Realty affiliate for $22 million, the South Florida Business Journal reported. The tract is the site of the stalled Paramount Beach condominium. The purchaser was Sunny Isles Beach Associates, an affiliate of Edgardo Defortuna’s Fortune International Realty. The seller was a company managed by Carlos Mattos, a former Colombian senator. [SFBJ]

    Comments
  • “Timing, timing, timing” is becoming the new mantra for investors trying
    to pull off bulk purchases at the empty condo towers that are Brickell
    and South Florida’s oceanfront legacy of the building bubble. Rodrigo Nino, founder and president of Prodigy International, is so
    sure of a recovery in the near future for Miami’s condo market that his
    investment group purchased 10 units in Brickell on the River — the
    last batch of developer-owned units at the twin towers — and another
    33 developer-owned units in Bal Harbour’s oceanfront Harbour House. [more]

    420 Comments
  • Marina Blue units sold in bulk

    July 07, 2009 03:31PM

    A Miami Beach company has purchased 21 units in Downtown Miami’s Marina
    Blue condominium, Condo Vultures reported. The $5.69 million all-cash
    purchase was recorded June 23. A company headed by Jorge Mattos, whose
    business partner Carlos Mattos purchased 31 units at 1060 Brickell in
    mid-June, purchased 13 two-bedroom units, seven one-bedroom units and a
    three-bedroom penthouse at Marina Blue. The purchase price works out to
    $196 per square foot. The seller was Lendco Florida, which made a $30.5
    million mezzanine loan to Marina Blue’s developer in February 2008. [more]

    Comments
MENU