Turnberry Development in partnership with Carlos Rosso has announced the launch of ONE Park Tower by Turnberry at SoLé Mia, a luxury condominium reimagined for the next generation. Set within the 184-acre master-planned community of SoLé Mia in North Miami, the 32-story tower will deliver 303 bespoke residences overlooking Crystal Lagoon™
Read MoreTurnberry Associates Plans Arquitectonica-Designed Aventura Office Tower Two Turnberry
Turnberry Associates, led by Jackie Soffer, have submitted plans for Two Turnberry, an Arquitectonica-designed office tower in Aventura. The project would rise 14 stories and feature 240,000 square feet of office space, 20,000 square feet of retail and 720 parking spaces on a 3.37-acre site.
Read MoreTurnberry Associates and LeFrak Organization Lock Down $32 Million Construction Loan For SoLé Mia
Turnberry Associates, led by Jackie Soffer, and the LeFrak Organization, led by Richard LeFrak, have locked down a $32 million construction loan for the 187-unit Villa Solé at the $4 billion SoLé Mia mixed use masterplan in North Miami.
Read MoreFontainebleau Miami Beach Exits Special Servicing On $975 Million CMBS Loan
Jeffrey Soffer’s Fontainebleau Miami Beach has exited special servicing on its $975 million commercial mortgage-backed security loan (CMBS). When issued in November 2019, the loan was the largest CMBS hotel loan in South Florida. The loan entered special servicing on March 30 amid the onset of the COVID-19 pandemic and following a modification request.
Read MoreFontainebleau Miami Beach's $975 Million CMBS Loan Entered Special Servicing March 30
The $975 million commercial mortgage-backed security loan (CMBS) issued in November 2019 for the 846-room Fontainebleau Miami Beach, located at 4441 Collins Ave., entered special servicing on March 30. When issued the loan was the largest CMBS hotel loan in South Florida.
Read MoreTake A First Look Inside The Shoreline At LeFrak & Turnberry's Solé Mia Mega-Project
The Shoreline, Solé Mia’s first two residential towers, has revealed a first look at the completed project where move-ins have begun. Jointly designed by Miami-based Arquitectonica and Robert M. Swedroe Architects, the Shoreline consist of two 17-story towers with 397 rental residences with studios, one, two and three-bedroom layouts.
Read MoreJeff Soffer's Lavish Turnberry Ocean Club Reveals Its Ultra-Luxe Amenities In Sunny Isles Beach
Turnberry Ocean Club, currently under construction in Sunny Isles Beach, has revealed new renderings of its ultra-luxe amenities as well as unveiled its new amenity, the in-residence hotel guest suites. Laid out just like a grand hotel suite at Turnberry Isle, residents of Turnberry Ocean Club have access to two complimentary guest suites within the tower that can be reserved in advance.
Read MoreSoffers Aim To Expand Fontainbleau Aviation & Turnberrry Airport Holdings at Opa-Locka Executive Airport
The Soffer family is seeking a $5 million bond from Miami-Dade County’s Economic Development and Tourism Committee for expansion of Turnberry Airport Holdings at Opa-Locka Executive Airport.
Read MoreTurnberry Associates & LeFrak Close on $101 Million in Financing for SoLeMia in North Miami
Oleta Partners LLC, a partnership between real estate bigwigs LeFrak and Turnberry Associates, has secured a $101 million HUD-insured loan from Wells Fargo for their North Miami development SoLeMia. SoLeMia will ultimately be a 183-acre master-planned community around a 10-acre lagoon with beaches.
Read MoreA New Trader Joe's in Miami Beach Breaks Ground, Expected to Open Late 2018
Trader Joe's has broken ground on a new Miami Beach location located at 17th Street and West Avenue. The store is expected to to open in late 2018 and will be Trade Joe's first location on Miami Beach. The storefront will be part of a larger, 5-story project by Turnberry Associates and Elion Partners, which includes 28,000 SF of retail, residences including loft apartments and townhomes as well as 200 parking spaces. The building is being designed by Touzet Studio and Stantec.