Miami Hospital Sold For $30M Out Of Bankruptcy

Blog Archives

Miami Hospital Sold For $30M Out Of Bankruptcy

A Florida bankruptcy judge on Monday approved the sale of a shuttered Miami hospital to Variety Children’s Hospital for $30 million after VCH entered the only bid for the property and its assets.

Posted in In the News, Peter D. Russin - In the news

Eric Ostroff on the Impact of Artificial Intelligence in the Legal Profession

Eric Ostroff talks on Legal Talk Network about the impact artificial intelligence will have on the legal profession.

Posted in Eric W.Ostroff - Media and Events, In the News

Bankrupt Miami Hospital Gets OK For Ch. 11 Auction Plans

A shuttered Miami hospital in Chapter 11 stayed on track to be sold in auction in late June when a Florida bankruptcy judge gave her blessing to the sale process Monday after approving a settlement the parties reached to resolve objections from the unsecured creditors committee.

Posted in In the News, Peter D. Russin - In the news

Facebook Wants to Play Dating Game—Its Lawyers Could Face IP, Trade Secret Challenges

If legal fights in the online dating industry are any indication, Facebook’s legal department would be smart to strategize about its inroads into this new line of business.

Posted in Eric W.Ostroff - Media and Events, In the News

Arena Capital sells two retail buildings in Hialeah

Miami-based Arena Capital just sold two of its retail buildings in Hialeah for a total of $7.65 million.

Posted in Bryan Vega - In the news, In the News, Mark S. Meland - In the News

Miami hospital files Chapter 11 with $67M in debt

Miami International Medical Center LLC, which ran the recently closed Miami Medical Center, has filed Chapter 11 while listing $31.4 million in assets versus $67.3 million in liabilities.

Posted in In the News, Peter D. Russin - In the news

End to Government Shutdown Avoids Risk of Home Sale Delays

U.S. Senate progress Monday to end the federal government shutdown was good news for federal employees facing furloughs as well as home buyers facing dragged-out deals.

Posted in In the News, Mark S. Meland - In the News

Meland Russin Closes $7.5 Million Palm Beach County Bulk Condo Buy

Meland, Russin & Budwick partner Mark Meland closed the $7.5 million purchase of some of the units at a condominium west of Delray Beach. New York-based multifamily property investor ESG Kullen bought 93 of the 275 units at the Murano of Delray Beach at 15005 Michelangelo Blvd. southwest of Atlantic Avenue and Jog Road.

Posted in In the News, Mark S. Meland - In the News

ESG Kullen does bulk condo buy in Delray Beach

ESG Kullen just closed on a bulk condo deal in Delray Beach, and plans to immediately renovate and sell them off individually.

Posted in In the News, Mark S. Meland - In the News

Billionaire, fund manager buy Coconut Grove properties out of bankruptcy

A company managed by billionaire insurance magnate William R. Berkley and equity fund manager Bruce Berkowitz acquired a collection of properties in Miami’s Coconut Grove at bankruptcy auction for $5.4 million.

Posted in Daniel N. Gonzalez - In the news, In the News, Peter D. Russin - In the news