A substantial portion of Tao, Sunrise’s first condominium high-rise, has been sold for more than $50 million to a Miami investor.
About 60 percent of the condominium complex near Sawgrass Mills is now owned by an affiliate of Miami-based Crescent Heights of America, according to Broward County records. W/K Sawgrass, an affiliate of public-private partnership ST Residential, which took control of several prominent South Florida condo buildings following the 2009 failure of Chicago-based Corus Bank, sold about 240 units of the 396-unit complex at 2641 N. Flamingo Road on Tuesday.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
