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.
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Michael Simkins, Ryan Shear and Alex Karakhanian - Image via World Red Eye
PMG, Lion Development Group and LNDMRK Development Break Ground on One West Twelve Residences in Downtown Miami
National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.
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Club Studio Opens Flagship Fitness Concept at Miami Worldcenter, Bringing Boutique Wellness to Downtown Miami
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.
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Master Construction Permit Issued For 70-Story Okan Tower in Downtown Miami
Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit.
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PROFILEmiami Real Estate Bespoke Networking Happy Hour at Giselle
Join PROFILEmiami for an exclusive Bespoke Summer Networking Happy Hour at the lavish Giselle Miami, the stunning rooftop oasis perched above E11EVEN. Mingle with South Florida’s top real estate professionals, developers, brokers, and investors in an elevated setting designed to connect and inspire.
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Image via PROFILEmiami
Summer 2025 Construction Update For Miami's 325' Tall Signature Bridge As The Arches Take Form On 'The Fountain'
Miami’s Signature Bridge, known as The Fountain, is entering a new phase of construction as the project’s iconic arches begin to rise above I-395, offering a first glimpse of the monumental structure set to redefine the city’s skyline.
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Related Group and Alta Developers Top Off Casa Bella Residences by B&B Italia In Downtown Miami
Leading real estate developer Related Group and partner Alta Developers held a “topping off” ceremony for Casa Bella Residences by B&B Italia on July 9th, 2025, bringing the 56-story tower one step closer to completion with over 90% of units already in contract.
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Naftali Group Completes Foundation Pour For JEM Private Residences Miami in Miami Worldcenter
Naftali Group, a national real estate development and investment firm, has completed the foundation pour for JEM Private Residences Miami. The 8,400-cubic yard pour began May 30th and was expected to last approximately 18 hours and requiring 120 trucks.
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First Look Inside The Newly Revealed FAENA Residences Miami
FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront.
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Legendary Italian DJ Marco Carola Lists Unit In Aston Martin Residences For $6.33 Million
Marco Carola, a renowned Italian DJ, producer, and label owner’s unit at the Aston Martin Residences just hit the market for $6.33 million. Carola is widely recognized as a global ambassador of techno, instrumental in shaping the Neapolitan electronic music scene.
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