Key Takeaways
- • Developer Moishe Mana sold a major assemblage of properties in Miami's Wynwood neighborhood for approximately $1.1 billion to Ken Griffin, founder and CEO of Citadel, according to a press release distributed via ACCESS Newswire.
- • The transaction is positioned by the issuer as helping set the stage for Carnegie Mellon University's planned Miami campus.
- • The announcement was issued by Elektros Inc. (OTC Pink: ELEK), a company with a longstanding relationship with Mana, and carries promotional rather than independent characterization.
Summary
Developer Moishe Mana has sold a large assemblage of properties in Miami's Wynwood neighborhood for approximately $1.1 billion to billionaire investor Ken Griffin, founder and CEO of Citadel, according to a press release dated October 26, 2026, issued via ACCESS Newswire. The announcement was made by Elektros Inc. (OTC Pink: ELEK), which described Mana as a visionary developer and longtime friend.
The release frames the transaction as a foundation for Carnegie Mellon University's planned Miami campus, which it characterizes as a significant next phase for one of South Florida's most dynamic districts. The sale is presented as a multigenerational investment in education, innovation and the city's future.
The source is a company-issued promotional release. It does not disclose independent details on the property count, deal structure, closing status, or the specific terms of Carnegie Mellon's campus plans, and those points could not be independently verified from the material provided. Readers should treat the $1.1 billion figure as stated by the issuer, which uses the qualifier 'approximately.'
The release frames the transaction as a foundation for Carnegie Mellon University's planned Miami campus, which it characterizes as a significant next phase for one of South Florida's most dynamic districts. The sale is presented as a multigenerational investment in education, innovation and the city's future.
The source is a company-issued promotional release. It does not disclose independent details on the property count, deal structure, closing status, or the specific terms of Carnegie Mellon's campus plans, and those points could not be independently verified from the material provided. Readers should treat the $1.1 billion figure as stated by the issuer, which uses the qualifier 'approximately.'
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