JMH Development, a full-service development firm, has launched sales for Twenty-Nine Indian Creek, a landmark residential project redefining luxury living in one of Miami Beach’s most sought-after neighborhoods. Set to rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District, the boutique collection of only 11 private residences are meticulously crafted to deliver a bespoke lifestyle.
Read MoreATM Clothing Designer and Founder Anthony Thomas Melillo Purchases Unit at Three Hundred Collins
ATM clothing designer and founder, Anthony Thomas Melillo has purchased a unit at Three Hundred Collins, a project that has been attracting big names who are looking for that walkable New York City lifestyle found in the South of Fifth neighborhood.
Read MoreAloft South Beach Sells for $105 Million, Now The Gates Hotel
JMH Development has sold Aloft South Beach to Rockpoint Group for $105 million as of last week. The deal was reported to be for $446,809 per key for the 235-room hotel which will now operate as The Gates Hotel South Beach. JMH Development acquired the property in 2004 for $12.5 million and converted it into a hotel in 2011 with Lightstone Group. It opened as an Aloft Hotel in 2015 and is located at 2630 Collins Ave. on Miami Beach directly across from One Hotel and features Continental Miami, a Stephen Starr American Fusion Restaurant.