Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has secured a $138.5 million construction loan from BDT & MSD Partners (“BDT & MSD”), through its affiliated funds, and BHI, the U.S. Bank of Bank Hapoalim, B.M. for Ziggurat, a mixed-use development that will enhance the heart of Coconut Grove, while ensuring homage to the area’s deep history and heritage.

Real estate development and investment firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.

OKO Group, the international real estate development firm founded by investor and developer Vlad Doronin and The Bastion Collection, a global leader in fine dining and luxury hospitality with a portfolio distinguished by 10 Michelin Stars and 3 Michelin Keys since 2019, have revealed a landmark partnership atop 830 Brickell, Miami’s premier 55-story Class A office tower.

In Miami’s pre-construction market, where competition is fierce and buyer expectations are higher than ever, standing out takes more than prime location and beautiful design. It requires a sales experience that is as elevated as the residences themselves. At Alhambra Parc Residences in Coral Gables, that competitive edge comes from BLACKLINE, a platform built to power sales and transform the way buyers connect with new developments.

Newgard Group, the Miami-based development firm led by Harvey Hernandez, together with Imperial Moto, the iconic Miami lifestyle brand founded by Matt McKenna, has launched Revault, a first-of-its-kind community that blends for-sale luxury car storage, private club culture, Padel sports, and curated design into a single integrated experience.

From the Mediterranean Sea to the shores of the Aegean, AVA MediterrAegean was born from resilience, natural beauty, and a philosophy of togetherness. A story of flavors, design, and community is ready to unfold this November 2025 in Coconut Grove.

Spicy Hospitality Group, the visionary hospitality collective at the intersection of cuisine, culture, and design—and the team behind The Joyce, with several forthcoming concepts in Miami, New York, and California—has officially opened U.S. debut of Le Specialità in the Miami Design District.

Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $3.9 billion of development in South Florida led by Erik Rutter and David Weitz, and LNDMRK Development, a principal based real estate company concentrated on mixed use urban development and opportunistic value based acquisitions led by Alex Karakhanian, have broken ground on 2900 Terrace.

Prosper Group partners with Belgium’s Versluys Group to develop a $650M ultra-luxury waterfront tower on the Miami River in Brickell, marking Versluys’ U.S. debut and reinforcing global demand for Miami’s luxury real estate.

Rosso Development, Midtown Development, and Proper Hospitality announce that the transformative $2 billion Midtown Park master plan—a multi-tower, two phase development introducing residences, offices, dining, retail, parks, and one of the most ambitious racquet and padel destinations in the U.S.—has officially received approval from the City of Miami’s Urban Development Review Board.

META Development has launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Designed by Brazilian architecture studio OSPA and sold exclusively by the Eklund | Gomes Team at Douglas Elliman, the five-story project features just 38 residences starting at $3.3 million, blending refined architecture, privacy, and a distinct sense of place.

Newgard Group and Two Roads Development closed on $513 million in construction financing for their One Brickell Riverfront project in Miami’s financial district, making it one of the largest residential construction loans in the South Florida market this year.

Fitness International, LLC, the company behind LA Fitness and Esporta, has officially unveiled its 15th Club Studio® location — a 38,000-square-foot flagship facility at Miami Worldcenter, one of the largest and most transformative urban developments in the country. The state-of-the-art destination blends boutique fitness, recovery, and social wellness, marking a major step in Club Studio’s nationwide expansion.

Constellation Group, a leading Miami-based real estate investment and development firm, announces the acquisition of a nearly 28,000-square-foot development site fronting U.S. 1/South Dixie Highway in Miami’s Coconut Grove neighborhood.

Witkoff Group and PPG Development announced that The Residences at Shell Bay, a new Auberge-branded condominium inside the private 150-acre, Mediterranean-inspired Miami enclave, has gone vertical, with the first few levels of the 20-story tower now complete.

Howden, the global insurance intermediary, is deepening its U.S. presence with a 23,658-square-foot lease at 600 Brickell World Plaza in Miami’s financial district. The move aligns with the company’s national growth strategy and leadership expansion, following the appointment of Mike Parrish as CEO of Howden US and Jim Hays as Vice Chairman. Parrish will lead efforts to build a next-generation retail broking business that reflects Howden’s employee-owned and client-driven ethos.

Monarch Athletic Club, the physician-led wellness destination redefining health and wellness, will open an 8,000-square-foot, state-of-the-art wellness facility at The RIVANI Miami Beach, real estate mogul Robert Rivani’s flagship Class X office building located at 1691 Michigan Avenue.

Community, culture, and art are the heartbeats of Wynwood, where every wall tells a story and every mural shapes its identity. Inspired by this notion, developer Fisher Brothers have unveiled Calle Collective—Wynwood’s newest open-air gallery where local art takes center stage.

Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.

The new sales gallery for Cora Merrick Park – the first wellness-oriented residences in Coral Gables – is now officially open at 4200 Laguna Street in Coral Gables. On Tuesday, Sept. 30, developers Constellation Group and The Boschetti Group celebrated the grand opening of the gallery with Douglas Elliman Development Marketing.

On Thursday, September 18, 2025, PROFILEmiami hosted the Second Annual PROFILEmiami Pre-Construction Development Summit 2025 Presented by The Delmore Surfside at the stunning Luminaire Flagship showroom in Coral Gables.

Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.

Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.

The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.

Ponce Park Coral Gables has revealed its latest amenities, offering a first look at the spaces that will define a lifestyle of wellness, leisure, and refined living. The state-of-the-art fitness center, located on the mezzanine level, is fully equipped with the latest technology and opens directly onto a serene courtyard meditation garden.

When quarterback Carson Beck transferred to the University of Miami, most headlines centered on his potential to reshape the Hurricanes’ offense. But in Miami, a city where culture, business, and lifestyle converge, the impact of a star player extends far beyond the field.

Pier Sixty-Six Residences, the signature residential landmark within Tavistock Development Company’s multi-billion-dollar reimagining of the legendary Pier Sixty-Six, has achieved several major milestones including a $14.5 million penthouse sale. The Indigo Penthouse sale represents a record-breaking sale as the highest-priced transaction for a new development condominium in Broward County.

The Berkeley Palm Beach has closed on a $62.5 million pre-construction loan with New York-based JVP Management, marking a significant milestone for the 25-story, 193-residence development rising on Clear Lake in downtown West Palm Beach.

PROFILEmiami Founder Demetri Demascus and former auto-industry executive Christian Iacovelli have joined forces to launch Tower Capital Partners, a private equity firm that invests with real estate developers with a proven track record of delivery high-quality real estate development projects and offers individual accredited investors access to private, institutional level deals typically reserved for family offices.

New York-based SB Development Group and Hazelton Capital Group have secured $170 million in construction and land financing for the development of Cove Miami, a 40-story luxury condominium in Miami’s tranquil Edgewater district.

Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M.