Real Estate Rumors: SAG Realty, Wells Fargo, Trammell Crow

Law360 (September 18, 2019, 6:58 PM EDT) -- SAG Realty has sold a Miami car dealership to an entity affiliated with South Dade Toyota's Mario JT Benedetti for $6.4 million, The Real Deal reported on Wednesday. The deal is for Sunshine Kia of Miami, which is located at 17120 South Dixie Highway, and the property last traded hands for $5 million in 2008, according to the report.

Wells Fargo has provided $403 million in commercial mortgage-backed securities debt to Elliott Management Corp. and Trinity Real Estate Investments for the venture's recent purchase of the 950-room J.W. Marriott Phoenix Desert Ridge Resort & Spa, Commercial Observer reported on Wednesday, citing information...

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