Real Estate

Real Estate Rumors: Clearline, Blackstone, Pacific Western


By Andrew McIntyre (April 5, 2022, 4:04 PM EDT) — Clearline Real Estate has picked up a Miami Wynwood Arts District development site for $19.1 million, the South Florida Business Journal reported Tuesday. The deal is for 2000-2010 N. Miami Ave. and 2021-2025 N.W. Miami Court, and the seller is an entity led by investor Charles Gusmano, according to the report.

LBA Realty has formed a joint venture with Blackstone Real Estate Income Trust to recapitalize a Los Angeles-area mixed-use campus, Commercial Observer reported Monday, citing a source with knowledge. The new venture, which is worth more than $500 million, will own One Culver, which is located in Culver City, California,…



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