Sam Herzberg just made a big investment in Miami’s Little Havana neighborhood, The Real Deal has learned.
A company managed by Herzberg paid $14.5 million for a nine-property portfolio on Southwest 8th Street and 27th Avenue in a transaction recorded on Wednesday, according to Miami-Dade County records. The 1.8-acre site includes a 15,000 square foot CVS store that is under construction. Herzberg’s company obtained a $10.63 million loan from Wells Fargo Bank for the acquisition. [more]