Rendering by DBOX
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.
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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.
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Related Ross has officially topped out South Flagler House, the developer’s first luxury condominium in Florida, at 28 stories. The milestone comes just one year after the start of vertical construction at the development, which is located at 1355 South Flagler Drive in West Palm Beach.
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Dezer Development, in collaboration with Bentley Motors, has completed the mat foundation concrete pour for Bentley Residences Miami, the world’s first and only Bentley-branded residential tower, located at 18401 Collins Avenue in Sunny Isles Beach. Executed in partnership with Coastal Construction, the milestone marks a new record for the largest residential construction pour in the state of Florida.
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Anniella Tabraue, Sales Director, Alhambra Parc & Maria DiBartolomeo
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.
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In Miami, luxury real estate is defined not only by design, but by energy that moves through a space, the experiences waiting beyond each threshold and the connections that shape community. Embracing this philosophy, development partners Black Salmon, The Boschetti Group, and Constellation Group – in collaboration with HQ Hotels & Residences by sbe – have launched sales for HQ Residences Miami.
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Swire Properties, Inc. has officially launched sales of the North Tower of The Residences at Mandarin Oriental, Miami. Part of the unparalleled residential and hospitality destination that is The Residences at Mandarin Oriental, Miami, The Residences’ North Tower will feature 70 two- to four-bedroom Private Residences and what is destined to be Mandarin Oriental’s new North American flagship hotel.
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MG Developer, has announced the official groundbreaking and sales launch of The George Residences, its final and most prestigious development in the award-winning Biltmore Square community. Located at 717 Valencia Avenue, this limited collection of 13 ultra-luxury townhomes marks the culmination of MG Developer’s decade-long vision to redefine luxury living in Coral Gables.
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Michael Simkins, Ryan Shear and Alex Karakhanian - Image via World Red Eye
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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Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach.
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