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The CreARTE grants funded by the Pérez Family Foundation are back for round two with more than $1.5 million for local cultural organizations. The program launched in 2019 to support access and education for the arts, and artist fellowships and residencies in South Florida. ....
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At times, Miami feels like a city that only rarely looks to its past, relishing in the shiny newness of shimmering skyscrapers and trendy hot spots. But the Magic City is also full of underappreciated gems like the Selina Miami Gold Dust, located in the burgeoning MiMo District. Built in 1957 across from the old Playboy Club, the Gold Dust Motel was at the center of what used to be considered the motel capital of Florida. In its heyday in the 1960s, it wasn t uncommon to spot the Rat Pack hanging around the area. A few decades later, the neon sheen of the neighborhood faded when it became Miami s red-light district, with the motels charging on a per-hour basis. Eventually, developers saw the area s potential, with spots like the Vagabond and the New Yorker undergoing extensive renovations and reopening as boutique hotels. ....
6950 Northwest 77 Court in Miami-Dade County and Ivy Realty’s Drew DeWitt (Google, Ivy Realty) Ivy Realty snagged a Miami-Dade County warehouse with cold storage for $26 million, as it continues to expand its South Florida industrial portfolio, The Real Deal has learned. The commercial real estate investor bought the property at 6950 Northwest 77th Court from an affiliate of The Apollo Group in a sale-leaseback. The Apollo Group, a logistics provider to cruise lines, leases the entire property for its headquarters. JLL said Ivy Realty scored a $17.3 million acquisition loan from a life insurance company to finance the purchase, although the brokerage declined to disclose the lender. JLL’s Melissa Rose secured the seven-year, fixed-rate financing on behalf of Ivy, according to a release. ....