Francisco Alvarado

4 days ago | therealdeal.com | Francisco Alvarado

Former condo association president Gregori Arzumanov, who is already facing a state racketeering indictment, was hit with federal charges for allegedly stealing more than $700,000 in building funds. On June 6, a Miami federal grand jury indicted Arzumanov and a second defendant whose identity is redacted, for wire fraud and conspiracy to commit wire fraud, according to court records.

1 week ago | therealdeal.com | Francisco Alvarado

Winn-Dixie parent Southeastern Grocers allegedly misled an Aventura-based developer into starting construction of a new store the company had no intention of occupying, court records show. On Monday, Miami-Dade Circuit Court Judge Abby Cinnamon ruled that an affiliate of TCII Capital Group can amend its 2023 lawsuit against Southeastern Grocers to seek punitive damages against the Jacksonville-based chain.

1 week ago | therealdeal.com | Francisco Alvarado

A vacant, distressed drug treatment facility near Lake Worth Beach sold for $15.6 million, and the new landlord has secured Banyan Treatment Centers to move into the building. Blue Cane Properties, a Delaware entity, bought the 109-bed rehabilitation complex at 4140 Lake Worth Road in Palm Springs, court records show. The buyer was represented by Thomas Zeichman and Jeffrey Lynne, partners with the Boca Raton-based law firm Beighley, Myrick, Udell, Lynne + Zeichman, according to a press release.

1 week ago | therealdeal.com | Francisco Alvarado

Mount Sinai Medical Center of Florida is planning an urgent care center on a development site acquired for $20 million near Miami’s Blue Lagoon. An entity managed by Sedano’s Supermarkets CEO Agustin Herran sold four contiguous vacant parcels to Mount Sinai, a Miami Beach-based hospital led by CEO Gino Santorio, records and real estate database Vizzda show. The 2.3-acre assemblage is at 4401, 4431 and 4475 Northwest Seventh Avenue and 790 Northwest 44th Avenue.

1 week ago | therealdeal.com | Francisco Alvarado

A Los Angeles woman whose class action lawsuit against Grant Cardone was tossed out two years ago has another shot at making her case. Last week, a panel of three California U.S. appeals court judges reversed an October 2023 ruling that dismissed Christine Pino’s complaint against Cardone, his Aventura-based Cardone Capital and two real estate funds.