Ryan Shear, managing partner, Property Management Group. Photo: J. Albert Diaz
➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don't miss out on joining the 1000+ of the industry's top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.
The next step in the evolution of Miami's Wynwood Arts District is residential, and prolific apartment developer PMG is playing a role.
PMG, which is based in Miami and New York, has built towers in Miami and Fort Lauderdale urban cores and is now working on its first Wynwood project in a joint venture with Greybrook Realty Partners based in Toronto, Canada.
The duo on Aug. 19 bought the site for $46 million Aug. 19 for an eight-story tower with over 220 apartments, a hotel, more than 35,000 square feet of retail, and a rooftop bar and restaurant.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
