Faropoint Pays $25M For Opa-Locka Industrial Portfolio
South Florida
Dec 29, 2023

Faropoint drops $25M for Opa-locka industrial portfolio

Hoboken, New Jersey-based firm acquired three warehouses completed in 1981
HBJ Development's Harry Joseph and a rendering of the 45-unit project in Opa-locka (Getty, HBJ Development & Management)
South Florida
May 4, 2023

Developers plan multifamily mixed-use project in Opa-locka

Harry Joseph and Ari Hertz scored approval for six-story, 45-unit building with retail
From left: David Burstyn and Brian Sidman with a rendering of the Mosaic apartments in Opa-locka (Getty, Redwood Dev Co, BAS Holdings Investments)
South Florida
Apr 6, 2023

Redwood scores $24M construction loan for Opa-locka rental project

98-unit Mosaic complex will include market-rate apartments and accept rental assistance vouchers 
Self-proclaimed “King of Miami Real Estate” Jalal Abuimweis and Elan Capital's Andres Duarte with 2605 and 2561 Northwest 135th Street (Jalal Abuimweis, Elan Capital, Getty)
South Florida
Nov 3, 2022

Self-proclaimed “King of Miami Real Estate” sells Opa-locka apartments

Jalal Abuimweis flipped the three buildings with 62 units in a year
Developers score $47M bridge loan for Opa-locka townhouse rentals
South Florida
Feb 11, 2022

Developers score $47M bridge loan for Opa-locka townhouse rentals

Project offers market-rate units and accepts government-subsidized rent vouchers
Jet Aviation signs $120M Opa-Locka airport deal
South Florida
Oct 26, 2021

Jet Aviation signs $120M Opa-Locka airport deal

AVE Airside to build hangars and base of operations totaling 170K sf
Longpoint Managing Partner Dwight Angelini and the properties
South Florida
Aug 2, 2021

Longpoint Realty adds three Opa-locka warehouses to South Florida portfolio

Boston-based real estate investment firm paid $21.8 million for industrial sites
An aerial of Bridge Point AVE with Bridge Development CEO Steve Poulos (courtesy of Bridge Point Development)
South Florida
Mar 25, 2021

Bridge Development scores $78M construction loan for Opa-locka industrial park

Three-building complex is expected to be completed in the third quarter
Midtown Capital Partners CEO Alejandro Velez and 13700 Northwest 19th Avenue, Opa-locka
South Florida
Dec 7, 2020

Midtown Capital buys Opa-locka industrial property

Building is fully leased to 18 tenants
Steelblock CEO Ignacio Murman and 13300 Alexandria Drive in Opa-locka (Steelblock, Google Maps)
South Florida
Oct 26, 2020

Steelblock buys Opa-locka apartment complex for $8M

Seller bought the building in 2017 for $5M
Andrew Kurnit, Jeremy Ben-David, and Brian Sidman with a rendering of the project
South Florida
Sep 2, 2020

Developers land $19M construction loan for Opa-locka affordable housing

Joint venture plans 112 townhomes in 23 buildings
From top: 13185 Northwest 47th Avenue, 13050 Northwest 47th Avenue and 4700 Northwest 47th Avenue (Google Maps)
South Florida
Aug 20, 2020

Cast away: Boatmaker sells Opa-locka warehouses for $11M

The three warehouses total 103K sf
John Lonardo and Chris Spear of ComReal with 12401, 12701, 12725 Northwest 38 Avenue in Opa-locka (Credit: Google Maps)
South Florida
May 14, 2020

Realterm Logistics pays $26M for warehouse facility in Opa-locka

The warehouses are 100% leased to Harvest Sherwood Food Distributors
The site and listing brokers Markos Bertolotti and Carlos Fausto Miranda
South Florida
Apr 21, 2020

55-acre site near Hialeah hits the market for $15M

Owner is offering to fill Lake Carmen for $7M
From left: Hernando Perez, Joe Rubin and Oscar Banegas, with 14255 – 14460 NW 22nd Avenue
South Florida
Jan 8, 2020

Miami investor buys Opa-locka apartments for $8M

South American investors purchased the property for $700K per unit
2320 Northwest 147th Street (Credit: Google Maps)
South Florida
Jan 3, 2020

Opa-locka industrial laundromats sell for $5M

The property last traded for $3.3M in 2016
Daily Digest Miami
South Florida
Nov 18, 2019

Last call for Purdy Lounge, Russell Galbut wants to sell another Miami Beach hotel: Daily digest

A daily roundup of South Florida real estate news, deals and more for Nov. 8, 2019