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Investors Team Up With Pastry Chef And Chocolatier For Planned Wynwood Market

A new high-end market with a restaurant, bean-to-bar chocolate station, patisserie and cocktail bar is coming to Wynwood.

Ananda Market, led by partners Antonio Ortega and Piero Pini, signed a 10-year lease for nearly 12,500 square feet at 310 Northwest 25th Street.

Forte Capital Management, led by Chaim Cahane and Dov Tepper, and Jon Krasner’s 7G Realty recently paid $11.8 million for the retail property at 310-318 Northwest 25th Street. They acquired it from East End Capital. Existing tenants include Barcelona Wine Bar and Grace Loves Lace, an Australian wedding dress store.

The market and restaurant will be led by chocolatier and pastry chef Jorge Kauam, Ortega said. Construction is slated to begin in about six to seven months, and the concept could open in about 10 months. Ananda will sell pastries, elaborate chocolates, breads, cocktails, and organic and sustainable food products. At night it will also function as an event space.


Source:  The Real Deal

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East End Capital Sells Wynwood Building For $12M, Resolves Foreclosure

An affiliate of East End Capital sold a commercial building in Miami’s Wynwood Arts District for $11.8 million, resolving a foreclosure lawsuit in the process.

EERC 310 Owner LLC, led by Jonathan Yormak and David Peretz of New York-based East End Capital, sold the 19,891-square-foot building at 310 and 318 N.W. 25th St. to 310 NW 25 SPE LLC, managed by Chaim Cahane of Miami Beach-based Forte Capital Management and Jonathan Krasner. The buyers assumed the seller’s $11 million mortgage with FS Rialto 2019-FL1 Holder LLC, an affiliate of Rialto Capital Management.


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