Commercial Real estate News
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Commercial Real Estate News
Gioia Hospitality Group, the South Florida-based hospitality company co-founded by father-daughter duo Thomas and Kassidy Angelo, has officially signed a lease for a new restaurant concept at Aimco’s ultra-luxury development located at 560 NE 34th Street, Unit 101, Miami, FL 33137.
Few locations in South Florida offer the combination of architectural heritage, walkability, and enduring value found in the heart of Coral Gables. Rising directly across from Ponce Circle Park, Ponce Park represents one of the city's most significant new mixed-use developments, combining luxury residences, destination retail, and public realm improvements within one thoughtfully designed address.
Berkadia, a distinguished leader in the commercial real estate sector, has facilitated a $100.4 million loan for Gatsby Florida to refinance DiVosta Towers, a 220,000-square-foot Class A office campus in Palm Beach Gardens, Florida. One of the newest trophy office towers in Palm Beach County, DiVosta Towers consists of two 11-story office towers and a connected structured parking facility.
The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell and The Standard Residences, Brickell. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.
The Standard Residences, Midtown Miami, the first-ever exclusively residential project from the iconic global brand, has announced its completion, marking the opening of the first new residential building in Midtown in nearly a decade. Developed by Rosso Development, in partnership with Hyatt, and Midtown Development, the 12-story pied-à-terre-style building arrives as a milestone in the continued evolution of one of Miami’s most walkable and vibrant destinations.
A new mixed-use office and retail building designed by Snøhetta, established in Oslo and New York City, is set to rise in the Miami Design District, further advancing the neighborhood’s position as a global destination for luxury, culture and design; developed by Miami Design District Associates in partnership with Raycliff Capital.
One Thousand Group, the Miami-based developer behind the city’s most iconic residential towers, and Minor Hotels, the Bangkok-based luxury resort owner and operator of Anantara Hotels & Resorts, have appointed ONE Sotheby’s International Realty as the exclusive sales firm for Anantara Miami Resort & Residences, the brand’s highly anticipated U.S. debut.
13th Floor Investments, in partnership with Barings, has secured a $134 million construction loan to finance the development of Crescendo, the fourth and final residential tower at Link at Douglas, one of Miami’s largest and most transformative transit-oriented communities. The construction financing is led by Santander Bank in partnership with TD Bank and First Horizon Bank.
MIRAI Design District has signed Sant Ambroeus as a signature hospitality tenant, marking the heritage Italian brand’s second planned Miami location and further reinforcing the project’s position as a design-, hospitality-, and culture-driven destination within the evolving Miami Design District.
Constellation Group and The Boschetti Group announced the successful closing of a $67.5 million construction loan for Cora Merrick Park, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, Cora will deliver 74 thoughtfully designed residences.
MG Developer and Vertical Developments have closed on a $100 million construction loan for Alhambra Parc, their landmark mixed-use development located in the heart of Coral Gables. The closing represents a significant milestone for Alhambra Parc and reinforces strong institutional confidence in the vision, execution, and long-term commitment to Coral Gables.
13th Floor Investments and Key International have officially launched sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu's first-ever residential project in Miami. The development introduces a new paradigm of branded living centered on expert-led longevity, biohacking, and world-class hospitality.
North Development has officially paid off its $70 million loan for Domus Brickell Park, marking a major financial milestone for the recently opened Brickell development and reinforcing the company’s strong execution across construction, sales, closings and operations.
Allen Morris Company has closed on a $43 million construction loan from Affinius Capital LLC (“Affinius Capital”), in partnership with Axonic Capital LLC (“Axonic”), to commence development of Bayside North, the second phase of its signature $250 million Bayside project in Sarasota, Florida.
MIRAI Design District has secured an $85 million construction loan from Monroe Capital LLC, and has officially broken ground on the highly anticipated mixed-use development in Miami’s Design District. Developed by Leviathan Development, Lionheart Capital, Well Duo, and The Lane Organization, MIRAI Design District will introduce approximately 41,000 SF of Class A boutique office space and 16,000 SF of luxury high street retail and hospitality space to the neighborhood
Pagani Residences has officially broken ground in North Bay Village, marking a defining milestone for both the development and the neighborhood as it continues to emerge as one of Miami’s most coveted waterfront destinations.
On Tuesday, May 12, 2026 at 6 PM, PROFILEmiami will host the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the lavish Artefacto flagship showroom in Coral Gables. The event will bring together South Florida’s leading voices in real estate for an in-depth exploration of both the residential and commercial markets across Miami and the broader South Florida region.
Related Group and Tricap, together with Sydell Group, have officially completed the NoMad Residences Wynwood, the first residential expression of the celebrated NoMad Hotels brand. Located at 2700 NW 2nd Avenue in Wynwood’s main corridor – steps from the world-famous Wynwood Walls – the nine-story, 329-residence community is now welcoming its first residents.
National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood.
Developers 13th Floor Investments, in partnership with Key International, have revealed Nobu Residences at 619 Brickell, Miami’s newest luxury residential development and the pioneer of a new class of branded residential offerings centered on longevity, biohacking, and hospitality. The project represented Miami's first branded Nobu Residences.
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have announced the closing of a $113.75 million land loan for the North Tower with City National Bank of Florida.
The 902-foot Okan Tower has reached 75% structural completion, with 50 of its 72 floors now in place. With construction crews ascending at the breakneck speed of one floor a week, the Hilton Hotel-anchored, tulip-shaped supertall tower is zooming toward the finish line with a top off anticipated for August.
One Thousand Group, the Miami-based development team behind the city’s most iconic residential towers, together with Minor Hotels, the Bangkok-based luxury resort owner and operator of over 630 properties across Asia, Africa, Europe, the Indian Ocean and the Middle East, have announced Anantara Miami Resort & Residences, marking the Anantara brand’s highly anticipated debut in the United States.
JEM Private Residences, the highly anticipated luxury residential tower developed by globally recognized real estate development and investment firm Naftali Group, has announced the addition of ITO•Kaya, a new Japanese dining concept from the team behind ITO, the acclaimed omakase restaurant, along with SunLife Organics, a Malibu-born wellness café, to the building’s retail space.
Riviera Dining Group (RDG), the hospitality group behind some of Miami’s most sought-after dining destinations, is set to debut HONŌ, a new modern Japanese steakhouse, lounge and rooftop set to debut later this year at E11EVEN® Club Hotel & Residences Miami, the first tower of an ultra-luxury, dual-tower development by PMG and E11EVEN Partners.
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel.
The Wagyu Bar, owned by butcher Meat N' Bone, is entering an exciting new chapter, expanding into a larger, upgraded space in Coral Gables perfectly suited for its unique blend of approachability and sophistication. Currently featuring limited reservations and first-come-first-served walk-in access, the restaurant is offering guests an early glimpse of what’s to come.
Terranova Corporation, a prominent South Florida commercial real estate firm, has announced the successful execution of 96,791 square feet of new and expanded leases across nine properties on and surrounding Miracle Mile, totaling $56,396,408.
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
Kasumigaseki Capital Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Koshiro Komoto; “KC”) announced that it has established a subsidiary in the United States, Kasumigaseki Florida LLC (headquarters: Florida), and commenced business in Miami.
