CentroCity, 38-acre mixed-use development located in the center of Miami-Dade County. $280 Million in Construction Financing Secured for Little Havana Development
"CentroCity will bring this vision to life, creating a true pedestrian-friendly mixed-use village in the center of Miami and a catalyst for future investment," said Terra CEO David Martin.
August 12, 2022 at 02:44 PM
2 minute read
Commercial Real Estate
One of South Florida's leading residential and commercial development firms has secured $230 million in construction financing for a mixed-use development west of Little Havana.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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