Focus, a Chicago-based real estate development and construction firm, has revealed plans for the redevelopment of the former Starlite Motel East site in Brickell. The project will be Focus’ first project in South Florida and follows the Miami-Dade County Board of Commissioners' recent approval of the rapid transit zone (RTZ) designation for the site where Focus plans to develop a new luxury housing development.
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'Kiki On The River' Launches 70-Foot Yacht 'Kiki at Sea' For Daily Charters
Kiki on the River has revealed its newest amenity, Kiki at Sea, luxury yacht charter experience available for private charters, bringing the legendary restaurant’s gourmet Greek cuisine, sophisticated party vibes and world-class service to Miami’s scenic waterways. The stunning and spacious 70-foot yacht is elegantly appointed and features four staterooms, three dining areas, marble bathrooms and a super flybridge with retractable roof.
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The “Wedding Cake” Design Submission B
FIRST ON PROFILE: DAMAC Sets The Record Straight Addressing Misconceptions Following Special Commission Meeting, To Proceed With Submission B
FIRST ON PROFILE: DAMAC International, a Dubai-based luxury property developer renowned for setting ambitious standards in design and innovation around the globe, and the developer behind the forthcoming Zaha Hadid Architects-designed ultra-luxury condominium at 8777 Collins Avenue in Surfside, is setting the record straight to address misconceptions and misinformation following the July 25th Town of Surfside Special Commission Meeting in order to promote an informed dialogue.
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Case Study: Inside A $95 Million, 10-Acre Ground Lease For A 400-Unit Multifamily Development By Eyzenberg & Co.
Eyzenberg & Company, a real estate investment bank with offices in Miami, New York and Washington DC, recently structured a ground lease and appointed a developer for a $95 million, 10-arce, 500,000+ square foot 400-unit multifamily property, located in Bonita Springs Florida. PROFILEmiami had the exclusive opportunity explore the process with David Eyzenberg, the founder of Eyzenberg & Co. and one of the industry leaders in ground leases.
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FIRST ON PROFILE: Indian Creek Residences & Yacht Club in Bay Harbor Locks Down $29 Million Construction Loan
FIRST ON PROFILE: The New York and South Florida-based Landau Properties has closed on a construction loan for Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands, a boutique residential property, which will include condominium residences and a private marina. Construction on the development is now underway and sales will formally launch this fall. Miami-based private real estate lender BridgeInvest originated the $29 million loan.
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Pacific & Orient Properties, LLC Celebrates Construction Milestones for 7918 West Drive in Miami’s North Bay Village
7918 West Drive, a 21-story, 54-residence waterfront condominium development in Miami’s North Bay Village, has passed significant milestones in construction as the building’s foundation through third level are now complete with significant progress completed on the parking garage. Additionally, concrete has been poured on the 6th level as well as the verticals (columns and shear walls). The foundation for the south section of the parking garage is completed as well.
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SHVO Locks Down $190 Million In Financing For The Raleigh Hotel & Residences, Miami Beach
SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.
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Related Group And Rockpoint Sign Leases With Three New Retail Tenants At Manor at Miramar
Related Group, Rockpoint, and JLL have signed leases with three retail tenants at the new, mixed-use development Manor at Miramar now under construction in the heart of Miramar, Florida. Crema Gourmet, Sweat440, and The Spot Barbershop are the first retail tenants announced at the project located at 1 Main Street in Miramar where approximately 17,600 square feet of ground-level retail space remains available for lease.
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Scott Wadler (Berkadia), Ayush Kapahi (HKS), Diego Torellaba (MG Developer), Catie Naranjo (MG Developer), Melissa Tapanes (Berkow), Demetri Demascus (PROFILEmiami) and Alirio Torellaba (MG Developer)
Inside 'An Exploration Into Capital Markets Coral Gables' Presented By PROFILEmiami & MG Developer
On Tuesday July 25, 2023 PROFILEmiami teamed-up with MG Developer to present ‘An Exploration into Capital Markets Coral Gables’, bringing an immersive panel and cocktail event exploring capital markets and real estate development in South Florida to the beautiful ‘Village at Coral Gables’ showroom. The relaxed and open setting featured cocktails courtesy of MG Developer and food from Coral Gables staple restaurant, Zucca, while attendees networked with industry leaders one of Miami’s hotbed neighborhoods for business and development.
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Elysee Investments Acquires Retail Property Across From Former Deauville Development Site For $5.5 Million
Elysee Investments, one of Miami Beach’s largest retail owners, $5.5 million sale of 6644 Collins Ave. in Miami Beach, an 8,700-square-foot corner retail property with four tenants. The one-story, freestanding building is located directly across the street from the famed, 3.8-acre Deauville Hotel site, which features 500 feet of beachfront. The Deauville Hotel site has made headlines for years as the famed hotel fell into an unsalvageable state before controversially being demolished.
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