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Real Estate Rumors: RedSky, Morgan Stanley, Skywood

By Andrew McIntyre (May 3, 2021, 5:41 PM EDT) -- RedSky Capital and JZ Capital Partners have sold two Miami development sites for $18.59 million, the South Florida Business Journal reported on Monday. The venture sold 1.54 acres at Northwest First Avenue and Northwest First Court for $17.59 million to Fisher Brothers Management Co. and offloaded a 16,430-square-foot parking lot on Northwest First Court for $1 million to Tricera Capital and Lndmrk Development, according to the report. The buyers could pursue a mixed-use project, the journal reported....

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