Robert Rivani’s Black Lion Investment Group purchased the Wynwood Arcade and the nearby Amara at Paraiso property in Miami’s Edgewater for more than $25 million combined, as the firm doubles down on South Florida. Black Lion, based in Los Angeles, plans to invest more than $1 million into the Wynwood Arcade, adding outdoor dining on the north and south lawns and the remaining space on the rooftop, according to Arellano and Marinoff.
