On Thursday, February 11th, Natiivo Miami - the first building purposefully designed, built and licensed for homesharing - officially broke ground in Downtown Miami. This event marked the first residential/hospitality groundbreaking post-pandemic and the first of 2021. The building, in the heart of Downtown Miami, is slated to top off in August 2022 and completion is projected for Q3 of 2023.
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Luxe Miami Four Seasons Penthouse To Be Auctioned At No Reserve
Penthouse 70BCD at the Four Seasons Private Residences in Miami’s Brickell neighborhood will be sold by Platinum Luxury Auctions at a Luxury Auction without reserve on January 29th at 7p.m. EST. The penthouse was previously listed at $15M. The custom home is approximately 5,800 sq.ft. and a combination of 3 units which was done during initial construction and occupies half the building’s top floor.
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Douglas Elliman Enters Into Jacksonville With Top Producing Agents
Douglas Elliman expanded into Jacksonville’s Ponte Vedra Beach with the addition of the top producing agents of North East Florida, Kim Martin-Fisher and Jennifer Martin Faulkner. Jennifer and Kim has previously worked with Coldwell Banker and sold over $230 million with multiple record-breaking sales since 2019. Both are very knowledgeable of some of the most prestigious neighborhoods in St. Johns and Duval Counties.
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Eden Appoints RKW Residential To Manage Lazul In North Miami Beach
RKW Residential has expanded their South Florida portfolio by taking over management and leasing of Lazul, EDEN Multifamily’s luxury apartment community. Lazul, originally developed by EDEN Multifamily, houses 349 apartments and is located in the heart of North Miami Beach. The 8-story building ranges in apartment size, offering studios, one-to-three bedrooms and even two-story townhomes.
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Avison Young’s Florida Capital Markets Group Oversees Sale Of Concept II Towers In Lake Worth
Avison Young’s Florida Capital Markets Group has overseen the sale of Concept II Towers in Lake Worth for $10.9 million to local real estate investor Allen Chelminsky. The 6.6-acre complex, located at 2290-2328 10th Ave., features a pair of office towers which were developed in 1985.
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Newmark Group Rejects Takeover Offer From Cushman & Wakefield
Newmark Group Inc. has reportedly rejected a takeover offer from Cushman & Wakefield as commercial brokerages continue to explore consolidation within the industry. At the time of the takeover attempt Cushman & Wakefield had a market value of $2.6 billion and Newmark Group had a market value of $1.2 billion.
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The Corcoran Group To Take Over Sales Of DDG Development's 3550 South Ocean's Remaining Inventory
The Corcoran Group has been appointed to take over sales of the remaining inventory at 3550 South Ocean, a luxury condo project being developed by DDG, led by Joe McMillan. Sales will be led by Kerry Warwick who had previously oversaw pre-construction sales of the project with Douglas Elliman.
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Andrew Kurnit of DWNTWN Realty Advisors Arranges $19 Million Construction Loan For Redwood National Properties Opa-Locka Project
Andrew Kurnit of DWNTWN Realty Advisors, the premier commercial real estate firm, arranged a $19 million construction loan from City National Bank of Florida for a townhome development in Opa-locka, Florida. Real estate investment firm Redwood National Properties, in a joint venture with David Burstyn of Winston Capital Partners, LLC, plans to build 112 four-bedroom, two-and-a-half-bathroom units on the 10-acre site.
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QUINT Collection Luxury Townhomes Launch Sales in Hollywood Led by Chad Carroll
QUINT Collection Luxury Townhomes in Hollywood have officially launched sales led by Chad Carroll and his team at Compass. Developed by Miami-based JQ Group, QUINT Collection Hollywood is comprised of 10 luxury waterfront townhomes with a private marina and unobstructed views of the Intracoastal and Atlantic Ocean.
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Douglas Elliman Development Marketing Selected To Oversee Sales At 5000 North Ocean in Palm Beach
Douglas Elliman Development Marketing (DEDM) has announced that the firm has been selected to handle the exclusive sales and marketing for The Kolter Group's newly completed oceanfront residential tower, 5000 North Ocean, designed by Randall Stofft Architects and BC Architects, AIA.
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