Image via PROFILEmiami
National real estate development and investment firm Naftali Group has topped off of the podium level at JEM Private Residences in Downtown Miami. This milestone marks the completion of the 11th floor and signals a major step forward in the vertical construction of the 67-story luxury tower rising within Miami Worldcenter. Construction is overseen by Coastal Construction.
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Located atop the 50th floor, JEM Private Residences offers an expansive suite of amenities, including a 60-foot outdoor pool, indoor Sky Lounge, state-of-the-art fitness center, boxing arena, yoga patio, spa suite with steam, salt, and sauna rooms, along with a co-working space and spirits tasting room for refined social experiences.
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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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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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New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.
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National real estate developer Naftali Group has revealed JEM Sky Villas with Interiors by FENDI Casa, two luxury penthouses designed with signature FENDI Casa collections. Perched atop the luxurious JEM Private Residences in the heart of downtown Miami, these residences will seamlessly blend high fashion interior design with the art of living.
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Rendering via Hayes Davidson
Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has broken ground on JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11.
Read MorePROFILEmiami Co-Founder Demetri Demascus had the opportunity to sit down with legendary real estate developer and investor Miki Naftali of Naftali Group, to discuss his career and first project in Miami, the recently launched JEM Residences Miami.
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Demetri Demascus, Co-Founder of PROFILEmiami and Miki Naftali of Jem Residences
PROFILEmiami had the opportunity to sit down with legendary real estate developer and investor Miki Naftali of Naftali Group to discuss his career and first project in Miami, the recently launched Jem Residences Miami. Miki Naftali is the Chairman and CEO of Naftali Group which he established in 2011. Miki has acquired, developed, and managed over $15 billion and 31 million SF in real estate assets. PROFILEmiami joined Miki at the Jem Residences Sales Gallery to learn about his career and why he set his sights on Miami to develop his next project.
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Rendering via Hayes Davidson
FIRST ON PROFILE: Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has launched sales for JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11. This dynamic condominium development, rising over 700 feet tall and spanning 67 stories, is a landmark focal point within the city’s iconic Miami Worldcenter.
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