The South Florida real estate market continues to see a flurry of activity, with real estate developer and hotelier Ronny Finvarb of Finvarb Group recently completing the sale of the Courtyard Palm Beach Jupiter hotel for an undisclosed amount to an entity tied to JW Marriott Family Enterprises.
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The Wills Companies Acquires The Islands of Islamorada In The Florida Keys For $72 Million
The Wills Companies, a reputable real estate development firm, has recently completed the acquisition of The Islands of Islamorada luxury resort in Islamorada, Florida, from The Frisbie Group of Palm Beach. The transaction, which amounted to $72 million, was financed by City National Bank of Florida.
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Forté Development Locks Down $47.5 Million Construction Loan For Forté Luxe In Jupiter
Forté Development has recently secured a $47.5 million construction loan for its luxury boutique waterfront community, Forté Luxe, located in Jupiter, Florida. The loan was obtained from New York-based 360 Capital Funding, a non-conventional lender specializing in real estate financing across the continental United States.
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Ugo Colombo's CMC Group Secures $69.9 Million Refinancing Loan For 4000 Ponce Home of The Collection
Miami-based luxury real estate development firm CMC Group has secured a $69.9 million loan from City National Bank of Florida (CNB) for the refinancing of 4000 Ponce / The Collection, a nine-story Class-A mixed use office and retail development in the heart of Miami’s elite Coral Gables neighborhood.
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Fortune International Group Closes On $36.08 Million In Pre-Development Financing For ORA by Casa Tua
Fortune International Group has closed on the the 46,373 SF site at 1210 Brickell Ave for the planned ORA by Casa Tua 77-story tower and as well as on $36,080,000 in pre-development financing from Amerant Bank. ORA by Casa Tua launched sales last year and plans for residences to go into contract soon.
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Fabel Ibiza: The Ultimate Summer Pop-Up Experience by Fabel Hospitality Group
This summer, from July 3rd to July 20th, Fabel Hospitality Group will bring the allure of Fabel Miami to the sun-drenched island of Ibiza, unveiling Fabel Ibiza. The exclusive pop-up will blend the unparalleled sensory experience of Fabel Miami with the luxurious charm of the renowned boutique hotel, OKU Ibiza.
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Michelin-Starred Spanish Chefs Set To Open 'Momento by Ikaro' In Downtown Miami
Miami's dining scene is about to get a taste of Spain with the opening of MOMENTO by Ikaro, an international outpost of the Michelin-starred restaurant Ikaro in La Rioja. The restaurant, set to debut this summer in Downtown Miami, promises to bring a blend of Spanish culinary heritage and Miami's vibrant energy to create a unique dining experience.
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Louis Vuitton Reveals LV By The Pool Pop-Up and Poolside Takeover at CASA NEOS
This summer, Louis Vuitton arrives at Miami Rivers’s newest waterfront members’ club, MM at CASA NEOS, to present a pop-up and poolside takeover inspired by the Maison’s LV By the Pool Resort collection.
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BH Group, PEBB Enterprises and Related Group Acquired Mixed-Use Shopping Center Development Site For $48.5 Million In Fort Lauderdale
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.
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Continuum 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.
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