The Dubai-based DAMAC Properties, who was revealed as the she stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021, has closed on the site for $120 million. DAMAC Properties, led by billionaire developer Hussain Sajwani, is planning to develop a Cavalli branded condo project on the site.
Read MoreWitkoff And Monroe Capital Announce Restoration And Redevelopment Of Iconic Shore Club Hotel In Miami Beach
Witkoff and Monroe Capital have announced a partnership with world renowned Robert A.M. Stern Architects to restore and redevelop the iconic Shore Club Hotel at 1901 Collins Avenue in Miami Beach. On November 15th, 2021, Witkoff and Monroe Capital filed an application with the City of Miami Beach for approval by the Historic Preservation Board.
Read MoreThe Dubai-Based DAMAC Properties Revealed As $120 Million Stalking Horse Bidder Of Site Of Collapsed Surfside Condo
The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani.
Read MoreStarwood Capital Group To Break Ground On Office Building At 2340 Collins Avenue In South Beach
Starwood Capital Group has filed construction and demolition permits to build a new commercial building at 2340 Collins Avenue in South Beach which will feature both office space and retail. The project will offer 136,342 SF of office space, 8,088 SF of retail which will also feature restaurant space and 305 parking spaces.
Read MoreStarwood Capital Group Proposes Gensler-Designed Office Building On Collins Avenue in Miami Beach
Barry Sternlicht’s Starwood Capital Group has proposed a 6-story office building designed by Gensler on Collins Avenue in Miami Beach. The proposal calls for 136,342 SF of Class A Office Space and 8,088 SF of retail as well as 305 parking spots.
Read MoreCheck Out This Lavish Condo Which Is Currently The Highest Priced Listing In FAENA District's The Caribbean
A lavish condo owned by London based artist, Izabella Kay, which featuring her artwork throughout, has hit the market as the highest priced residence in FAENA District's The Caribbean condo building.
Read MoreInside The Building Collapse At The Future Site Of Brazillian Billionaire Jose Isaac Peres' 5775 Collins Ave In Miami Beach
Miami is never short of real estate drama, but what happened yesterday in Miami Beach is a true rarity as the shell of the former Marlborough House, located at 5775 Collins Avenue has come crashing to the ground. The accidental collapse shut down a large portion of Collins Avenue and has left a project manager hospitalized in critical condition.
Read MoreTour PHVC At The Setai Hotel Miami Beach Which Just Sold As The Highest Priced Closing Since 2014
PHVC in The Setai Hotel Miami Beach has just closed for $9.525 million, the highest priced condo sale in the hotel since 2014. The residence was originally listed for $11 million and has been tied to Russian oligarch Oleg Baibakov.
Read MoreCleveland Indians First Baseman Yonder Alonso Lists Miami Beach Condo in MEI For $1.995 Million
Cleveland Indians first baseman Yonder Alonso has listed his Miami Beach condo in MEI Condominium for $1.995 million. The penthouse residence features 2-bedrooms and 2.5 bathrooms spread over 1,556 SF.
Read MoreFeatured Listing: Explore A Palatial, Sophisticated Bal Harbour Full-Floor Penthouse Spread That Spares No Expense to Detail
Step inside this palatial, sophisticated full-floor penthouse spread at The Palace at Bal Harbour. The penthouse features designer finished millwork throughout with direct ocean views. The residence is spread over 7,380 SF spread over 4 bedrooms, 5 full-bathrooms and 1 half-bath.
Read More