Tuesday, July 7, 2015

Israeli investor Mana expands Wynwood holdings with near $10M deal

Israeli developer Moishe Mana added to his collection of properties in the Miami street art showcase neighborhood of Wynwood with a $9.95 million acquisition. Jersey Art Holdings, a company headed by Mana, purchased Wynwood Gardens, a 47-unit apartment on a 2.7-acre lot at 2000 N.W. 5th Place - right up against Interstate 95. It’s directly to the south of a 30-acre site that Mana also owns. The seller was Wynwood Gardens LLC, managed by Avra Jain and Joe Del Vecchio. They acquired it for $3.5…

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