The Real Deal Miami

Posts Tagged ‘Ytech International’

  • Ytech buys Brickell building from Taplin, settles claims in $50M deal

    Property can be developed into at least 48 stories, 825,000 square feet
    January 20, 2017 04:00PM

    1428 Brickell Avenue. Inset: Yamal Yidios

    Updated, 5:07 p.m., Jan. 20: Ytech International, a Miami-based investment and development firm, is the new owner of a Brickell office building that was, up until recently, tied up litigation and threats of foreclosure.

    The Taplin Co. sold the BankUnited building at 1428 Brickell Avenue for $26.5 million, plus “tens of millions” more to settle claims and other issues, Ytech said on Friday. According to a letter obtained by The Real Deal from Taplin’s attorney to Ytech’s, the total consideration of the sale is $50 million.  [more]

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  • Developers pay $27M for huge Miami Beach apartment portfolio

    Ytech International bought 188 apartments in North Beach
    July 06, 2015 04:15PM
    A bird's-eye view of North Beach, taken from the Akoya Condominiums in 2008 (Credit: Marc Averette)

    A bird’s-eye view of North Beach, taken from the Akoya Condominiums in 2008 (Credit: Marc Averette)

    Ytech International, a Miami-based development company, just picked up a portfolio of 188 apartments in Miami Beach for $27.15 million. [more]

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