As travel restrictions lift, foreign buyers have begun to return to Miami’s luxury real estate market, adding another layer to the already red-hot demand in South Florida. Melo Group, the developer behind Aria Reserve, has pre-sold more than 60% of its 383-residence South Tower in less than six months since its summer 2021 sales launch.
Read MoreMelo Group Completes $40 Million In Penthouse Sales In Past 90 Days At Aria Reserve
As penthouse demand skyrockets across South Florida, Melo Group, the developers behind Miami’s Aria Reserve twin tower luxury condominium development, have completed $40 million in penthouse sales at the project’s South Tower over the last 90 days.
Read MoreMelo Group's Downtown 5th, The Largest Multifamily Project Ever Built in Downtown Miami's CBD, Now 100% Leased
Melo Group has completed Downtown 5th, the single largest multifamily project built in Downtown Miami’s Central Business District. The twin 52-story tower development, located at 55 & 25 NE 5th Street, comprises 1,042 rental apartments and approximately 12,500 SF of ground floor retail space.
Read MoreMelo Group Launches Sales For Luxury Bayfront Condo Tower 'Aria Reserve' In Edgewater
Miami-based real estate developer Melo Group has launched its newest luxury condo development, Aria Reserve Miami, a 62-story, twin tower luxury waterfront condominium development on Biscayne Bay in the heart of Miami’s burgeoning Edgewater neighborhood.
Read MoreMelo Group Locks Down $99 Million Refinancing For Miami Plaza Apartment Tower In Downtown Miami
Melo Group has locked down a $99 million refinancing for its recently delivered transit-oriented Downtown Miami apartment tower, Art Plaza. The 36-story, 425-unit Art Plaza, which is located at 1500 Northeast Miami Plaza, is now 95% leased after Melo Group delivered the building in July 2020.
Read MoreMelo Opens Miami Plaza Tower In Downtown Miami's Arts & Entertainment District, Marking Milestone 2,300+ Units Completed In 5 Years
Melo Group, one of Miami’s most active residential development firms, has transformed and activated Downtown Miami’s Arts & Entertainment District with attainable, transit-oriented multifamily product for local residents.
Read MoreMelo Group Launches Pre-Leasing For Miami Plaza Apartment Tower In Downtown Miami's Arts & Entertainment District
Melo Group, one of Downtown Miami’s preeminent real estate development firms, is getting ready to open their latest residential tower addressing two of the city’s most-pressing issues, housing affordability and traffic.
Read MoreAztec Group Arranges $142 Million In Debt Financing For Melo Group's Art Plaza
Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 38 years, announces that Peter Mekras, President of Aztec Group, has arranged $142 million in debt financing for Art Plaza in Miami, Florida, consisting of 667 rental apartments and 15,000 SF of retail space. This is the 10th loan Mekras has placed for Melo Group.
Read MoreMelo Group Launches Pre-Leasing For Art Plaza Apartments In Downtown Miami
The Melo Group, one of Miami’s most prolific residential developers who have quickly transformed Downtown Miami and its Arts & Entertainment District, have launched pre-leasing for Art Plaza, a transit oriented, community minded 667-unit apartment complex walking distance from the School Board Metro Mover Station.
Read MoreMelo Group Opens Square Station Apartments in Downtown Miami, Encourages Car-Free Living
Times are changing in Miami. Just 2 years ago, living in Miami required a car and was a pure drivers' city. Now though, the Downtown corridor is filling in fast like Manhattan. Formerly dirt plots now feature residential and retail and matched with the advancement of ride-sharing platforms such as Uber and Lyft, Miami is now a city you can live without a car.
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