North Miami Beach mayor under investigation, possibly for real estate transaction

Investigation could be linked to property purchase that was brokered by firm linked to George Vallejo

TRD MIAMI /
Aug.August 18, 2016 12:00 PM

In an unusual twist, North Miami Beach Mayor George Vallejo was the first to break the news that he was under criminal investigation — by posting a video to social media.

Vallejo said in his video that the state attorney’s office is heading the investigation, though he declined to say why he was under scrutiny.

However, Local 10 News reported that the investigation could be linked to a real estate transaction brokered by Allied Florida Group, a firm the mayor’s wife owns. Vallejo was listed as a secretary in corporate documents when the firm was founded in 2015, but was removed within months.

According to state records, he’s also a licensed real estate broker registered with the firm. The news station cited sources who said Vallejo approved tax credits for a client of Allied’s.

“Unfortunately, in a process that is supposed to be confidential, some lobbyists and their political operatives have been spreading malicious gossip to smear my reputation and undermine the tough decisions we’ve had to make to improve our city,” Vallejo said in the video.

North Miami Beach has been a hotspot for new real estate development in the past year, including a new twin-tower condo project called the Marina Palms Yacht Club and Residences, plus attention from New Jersey property mogul Moishe Mana[Local 10 News]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Daily Digest Miami

Ken Griffin pays nearly $100M for Palm Beach estate, new renders of 830 Brickell office tower: Daily digest

From left: Jacob Serure, Elliot Shainberg, Deme Mekras, and Aaron Kurlansky with California Club Apartments

Coral Springs investor buys apartment complex near Aventura

Brett David and a rendering of the auto spa

Prestige Imports plans $2M “auto spa” in North Miami Beach

Jorge Savloff and Marco Tenenbaum with a rendering of the project

Blue Road wins approval for Capri condo tower in North Miami Beach

Baskir Capital buys a TD Bank branch in North Miami Beach

Bizzi & Partners pays $10.27M for site on Northeast 163 Street in North Miami Beach

NFL star Elvis Dumervil is betting big on North Miami real estate

North Miami Beach property approved for hotel development sells for $11.38M

arrow_forward_ios