Genting obtains Omni note

Genting,
which purchased
the Miami Herald’s headquarters, along with another
nearby tract, has obtained one of two bank notes on the downtown
Omni property. The principal balance on the note, whose acquisition was
confirmed by a company spokesperson, is $45 million. The other note on
the Omni was acquired by a group
of investors including Related’s Jorge Perez. “I think their vision
is pretty big,” said Miami City Commissioner Marc Sarnoff. “They’re
here to stay and they’re here to build.” [Miami
Herald]