BH Group, PEBB Enterprises and Related Group have closed the $48.5 million acquisition of a waterfront mixed-use shopping center with fully entitled development rights in Fort Lauderdale. The joint venture plans a transformative mixed-use project with brand-new residences, retail and restaurant space.
Read MoreContinuum Company Expands North Bay Village Assemblage With Acquisition of Waterfront Property and Marina
Continuum Company has expanded their North Bay Village assemblage with the acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina in North Bay Village. An acquisition and pre-construction development loan was secured for $67.5 million from Longline Financial.
Read MoreTiffany & Co. Opens New Flagship Location in Miami Design District
Luxury jeweler and design house Tiffany & Co. has opened a new flagship location in Miami Design District. The newly opened Tiffany & Co. location captures the essence of Louis Comfort Tiffany's artistic legacy while embracing Miami’s vibrant spirit.
Read MoreABH Developer Breaks Ground On Two Projects In Wynwood Norte District
On the heels of breaking ground on Casa Wyn and Wyn 05 in Miami’s Wynwood Norte district, ABH Developer Group has broken ground on two more projects in the heart of the district. The first, Wyn Ave, located at 3332 NW 5th Ave., is a six-story mixed-use development featuring 44 apartments.
Read MoreOak Row Equities Reveals ODP Architects-Designed 'First & Fifth' Across from MiamiCentral Brightline Station
Oak Row Equities, a vertically integrated private equity and real estate development company with over 4 million square feet of development in South Florida, has announced the acquisition of 49 NW 5th Street in Downtown Miami as well have introduced a new ODP Architects-designed luxury multifamily tower dubbed ‘First & Fifth’.
Read MoreThe Nora District In West Palm Beach Locks Down $84 Million in Construction Financing
NDT Development, Place Projects and Wheelock Street Capital have secured $84 million in construction financing for Phase I of The Nora District, a dynamic 40-acre hospitality destination in Downtown West Palm Beach. Named after North Railroad Avenue, Nora will be a vibrant pedestrian-friendly district.
Read MoreSupertall Waldorf Astoria Hotel & Residences Miami Locks Down Largest Construction Loan In Florida History at $668 Million
PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) have secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami.
Read MoreJuvia Group To Open Rooftop Restaurant at The Standard Residences, Midtown Miami
A new rooftop restaurant and bar concept by Juvia Group called Solana' will be opening at The Standard Residences, Midtown Miami. The collaboration between Rosso Development, Standard International, Midtown Development, and Juvia Group aims to provide a unique dining experience for the project's buyers and residents in the Midtown area.
Read MoreEvan Shields, Dave Burney, Jennifer & Omer Horev & Brett David cut the ribbon to officially open Pura Vida at Prestige Auto Spa
Pura Vida Partners With Prestige Imports To Open North Miami Location At Prestige Auto Spa
Pura Vida, South Florida’s leading wellness brand and premier destination for health-conscious eats by Horev Hospitality, has entered into a strategic partnership with Miami’s premier Super and Hypercar Dealership Group Prestige Imports, and their luxury car wash campus Prestige Auto Spa.
Read MoreWatch the Full Panel From PROFILEmiami's Royal Retreat - Hospitality Real Estate in Miami at Queen Miami Beach
On May 21, 2024 PROFILEmiami hosted the sold-out PROFILEconnect: A Royal Retreat An Exploration into Miami Hospitality Real Estate. The panel explored hospitality real estate in Miami, namely investing in, developing and operating commercial real estate assets with a focus on hospitality.
Read More