Moishe Mana buys Allapattah site as he doubles down on Miami
Developer Moishe Mana is focusing on Miami, continuing to invest in commercial property. Mana paid $6.2 million for a development site at 634 Northwest 22nd Street in Allapattah, where he could build an e-commerce logistics center, The Real Deal has learned. Mana, downtown Miami’s biggest private landowner and a major investor in nearby Wynwood, purchased […]
Fausto Commercial transacts $21m Assemblage Deal with Innovative Market-rate Developer in the Heart of Little Havana
A market-rate multifamily developer paid $15 million for land in Miami’s Little Havana neighborhood. Premium Development bought the 2.3-acre property at 700 West Flagler Street from Presidente Supermarkets, according to a broker involved in the deal, Carlos Fausto Miranda of Fausto Commercial. Premium Development, an Austrian company that has an office in Brickell, has a […]
Fausto Commercial completes Allapattah Assemblage fronting Miami Produce Center Mega-Project
Roland DiGasbarro completed his assemblage in the produce district of Miami’s Allapattah, buying a warehouse for $5 million. DiGasbarro bought the building at 1221 Northwest 22nd Street, rounding off his industrial properties between Northwest 13th and 12th avenues along 22nd Street, according to Carlos Fausto Miranda of Fausto Commercial, who brokered all of the deals. […]
Miami’s red-hot real estate market is about to get even hotter!
Miami’s red-hot real estate market is about to get even hotter, brokers say, as new residents flock to the area. Trends that were already in place are now accelerating due to the pandemic, they say. Sep Niakan, who runs Condo Black Book, said that an avalanche of sales was incoming to the Miami market. Red […]
Prominent Tech Investors Have Announced They Will Relocate From Silicon Valley To Miami
Multiple tech investors have announced in recent days they will move from the Bay Area to Miami. David Blumberg a venture capitalist who founded and manages Blumberg Capital, has announced his move from the San Francisco area to Miami, according to the San Francisco Business Times. Blumberg said the move was driven by poor governance […]
Goldman Sachs plans move to South Florida
Goldman Sachs Group is considering moving its asset management division to South Florida, potentially joining other financial giants who have left New York for the Miami area. The investment bank has looked at spaces in Palm Beach County and Fort Lauderdale, Bloomberg reported. Goldman Sachs is looking to take advantage of tax benefits if it […]
Fausto assisted Dade Heritage Trust in locating a beautiful Little Havana historic Art Deco building, for their pilot Preservation program. We’re excited to see this project come to life.
Read Full Article Here
Clips from an interview/podcast with my friend Matt Boney of Daycation
5 min v – daycation _p – Small
$5.4m Closing in Little Havana. One of many, confirming a trend of medical users taking advantage of Little Havana’s location connectivity, and affordability
Health care nonprofit Care Resource paid $5.4 million for an office building in Little Havana, as the neighborhood continues to attract medical providers. Read Full Artice by Katherine Kallergis Here:
Backlash against City of Miami
Carlos Fausto expresses extreme discontent with how the City of Miami and Miami-Dade County has responded to the COVID-19 pandemic Read full article by Brianna Lopez Here
Fausto speaking at the February 28 Common Coliving Summit, on how Coliving is a powerful tool for bringing greater affordability and vibrancy to our most cherished urban core neighborhoods
52 Acre Dev Site, 1,870 Units + Retail, for Sale Between Hialeah and North Miami
Read full articel by Katherine Kallergis Here: