Home Fashion Real Estate FL 13th Floor, LeFrak and Related take over Shoma dev site in Miami
Real Estate FL

13th Floor, LeFrak and Related take over Shoma dev site in Miami

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Shoma Group is abandoning plans to redevelop a shuttered car dealership, selling the 2.5-acre site for $35 million to a group that includes Richard LeFrak’s eponymous firm. An entity managed by Arnaud Karsenti, principal of Coconut Grove-based 13th Floor Investments, acquired the property at 3650 Bird Road, records and real estate database Vizzda show. 13th […]

This article originally appeared on The Real Deal. Click here to read the full story.

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