Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.
Read MoreRelated Group, Tate Capital and Rok Acquisitions Reveal 'The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale'
South Florida-based developers Related Group (Related), Tate Capital and Rok Acquisitions, in collaboration with hospitality leader Marriott International, have revealed plans for The St. Regis Resort and Residences, Bahia Mar Fort Lauderdale.
Read MoreStep Inside Diesel Founder Renzo Rosso's Home Away from Home – The Exclusive Penthouse One at Pelican Hotel
PROFILEmiami brings an exclusive look inside Renzo Rosso’s home away from home—Pelican Hotel's exclusive Penthouse One, also known as the Owner’s Suite. As the founder of Diesel and President of OTB Group, Renzo Rosso is no stranger to transforming the ordinary into extraordinary.
Read MoreWitkoff Set To Open The Belgrove, Autograph Collection Luxury Resort Including Renovated Dutchman's Pipe Golf Course in West Palm Beach This Fall
Witkoff, in collaboration with Access Industries, and Pyramid Global Hospitality, has signed an agreement with Marriott International to open The Belgrove, Autograph Collection in Palm Beach complete with a renovation of the Dutchman’s Pipe golf course.
Read MoreGale Miami Hotel & Residences Receives TCO And Reaches Over 250 Closings in 60 Days
Gale Miami Hotel & Residences has been granted a temporary certificate of occupancy (TCO), marking a major milestone for the project which was developed by hospitality entrepreneur Keith Menin and Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, backed by GFO Investments.
Read MoreFinvarb Group Sells Marriott Courtyard Palm Beach Jupiter Hotel
The South Florida real estate market continues to see a flurry of activity, with real estate developer and hotelier Ronny Finvarb of Finvarb Group recently completing the sale of the Courtyard Palm Beach Jupiter hotel for an undisclosed amount to an entity tied to JW Marriott Family Enterprises.
Read MoreThe Wills Companies Acquires The Islands of Islamorada In The Florida Keys For $72 Million
The Wills Companies, a reputable real estate development firm, has recently completed the acquisition of The Islands of Islamorada luxury resort in Islamorada, Florida, from The Frisbie Group of Palm Beach. The transaction, which amounted to $72 million, was financed by City National Bank of Florida.
Read MoreSupertall Waldorf Astoria Hotel & Residences Miami Locks Down Largest Construction Loan In Florida History at $668 Million
PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) have secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami.
Read MoreChef Erhan Özkaya Partners With Gale Miami Hotel & Residences To Bring 3 New Dining Concepts to Downtown Miami
Gale Miami Hotel & Residences and renowned chef Erhan Ozkaya have partnered to bring three new dining concepts to the hotel-condo tower which is nearing completion on Downtown Miami’s Biscayne Boulevard.
Read MoreAuberge Resorts Collection to Manage Witkoff's Iconic Shore Club, Auberge Resorts Collection in Miami Beach
Auberge Resorts Collection, an award-winning portfolio of one of-a-kind luxury hotels, resorts and residences, has been appointed by the Miami-based developer Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach.
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