As development continues throughout Miami Worldcenter’s 27 acres, vertical construction is now underway and progressing quickly at one of the last remaining retail components in the $4 billion, master-planned mixed-use project, which is slated for completion in the second quarter of 2022
Read MoreRelated Group Sells New River Yacht Club Multifamily Complex In Fort Lauderdale For $85 Million
The Miami-based Related Group has sold the New River Yacht Club multifamily apartment complex in Fort Lauderdale for $85 million, roughly $341,000 per unit. The buyer is the Harbor City, California-based BJ Verde Properties.
Read MoreTemakase Sushi Bar From NYC's East Village To Open In South Florida At Atlantic Village In Hallandale Beach
The popular Japanese handroll sushi bar which made waves with its first location in New York’s trendy East Village will open their first brick-and-mortar location in South Florida after hosting a successful pop-up experience at the Sagamore Hotel in Miami Beach.
Read MoreMelo Group's Downtown 5th, The Largest Multifamily Project Ever Built in Downtown Miami's CBD, Now 100% Leased
Melo Group has completed Downtown 5th, the single largest multifamily project built in Downtown Miami’s Central Business District. The twin 52-story tower development, located at 55 & 25 NE 5th Street, comprises 1,042 rental apartments and approximately 12,500 SF of ground floor retail space.
Read MoreMiami-Based Private Equity Group Galium Capital Continues To Expand Houston Portfolio with Acquisition of Millennium High Street
Galium Capital, LLC, a Miami-based private equity group, has announced the acquisition of Millennium High Street in Houston, TX. Millennium High Street is a LEED Gold-certified, 340-unit institutional-grade multifamily apartment building in Galleria District of Houston. The transaction closed on August 20, 2021.
Read MorePMG and Greybrook Lock Down $142.3 Million Construction Loan for Society Wynwood
National investment, development, and asset management firm PMG, alongside partner Greybrook Realty Partners, has secured a $142.3 million construction loan for the 10-story Society Wynwood mixed-use project located at 2431 NW 2nd Ave. in Miami’s Wynwood Arts District.
Read MoreLegacy Hotel and Residences, America's First 'Covid-Conscious' Mixed-Use Tower Breaks Ground In Downtown Miami
Dan Kodsi of RPC (Royal Palm Companies) has announced the groundbreaking of Downtown Miami’s most anticipated mixed-use luxury development, Legacy Hotel & Residences coming to one of the U.S.’s most ambitious and largest private master-planned communities, Miami Worldcenter (MWC).
Read MorePROFILE Exclusive Podcast Season 1 Episode 6 Featuring Dev Motwani of Merrimac Ventures
Season 1 Episode 6 of the PROFILE Exclusive Podcast by PROFILEmiami features Dev Motwani of Merrimac Ventures. Dev serves as Managing Partner of Merrimac Ventures, a Fort Lauderdale based real estate firm that focuses on value-add investment and development opportunities.
Read MoreSwire Properties' The Shops at Brickell City Centre Now 97% Leased After Announcing 9 Retail Leases In Last 30 Days
Swire Properties has announced that The Shops at Brickell City Centre (BCC), a landmark destination for dining, entertainment, shopping and culture developed by Swire Properties, is now 97% leased after announcing leases with Beach Bunny, Café Americano and more to occupy a total of 16,742 SF of retail space.
Read MoreThe Brooklyn-Based LivWrk Acquires Wynwood Assemblage For $38.86 Million
The Brooklyn-based developer LivWrk has made a splash in Wynwood with the acquisition of a 2.45 acre assemblage for $38.86 million. The acquisition was financed with a $28.44 million mortgage provided by the Los Angeles-based Thorofare Asset Based Lending REIT Fund V.
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