Tabani unveiled as buyer of Rivani’s Wynwood Jungle for $26M
Dallas firm Tabani Group purchases Wynwood retail complex for $26M
Tabani Group, a Dallas-based investment firm, is the buyer that dropped $25.7 million for the Wynwood Jungle, a Miami retail complex that’s entangled with tenant lawsuits. Robert Rivani, through two affiliates, sold the nearly 39,000-square-foot plaza at 43-75 Northwest 23rd Street last month, which was about half vacant, The Real Deal previously reported. At the time, the buyer was identified only as a Dallas-based investment firm. Tabani borrowed $15.7 million from Frost Bank for the purchase, according to records and real estate database Vizzda. Founded in 1981 by Zaffar Tabani, the firm has a portfolio of about $1 billion and […] This article originally appeared on The Real Deal. Click here to read the full story.
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