Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.
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Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay
Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.
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Merrimac Ventures Unveils Plans for Bungalow East Residences in Fort Lauderdale Beach
Merrimac Ventures, a renowned South Florida real estate investment and development firm, has announced the launch of sales for Bungalow East, an exclusive luxury condominium set to rise in Fort Lauderdale Beach. The 14-story boutique development will house just 34 residences, each designed with refined elegance and offering extensive amenities in one of the area’s most walkable and desirable beachside communities.
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$94.5M Construction Loan Secured for Excel Miami in Arts & Entertainment District
Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District.
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Casa Gianna Brings Vibrant Italian Dining to Gale Miami Hotel & Residences
Opening on November 18, 2024, Casa Gianna will debut as a fresh Italian dining experience at the newly launched Gale Miami Hotel & Residences in Downtown Miami. Developed in collaboration with the global hospitality brand Zouk Group, Casa Gianna aims to offer an inviting and authentic culinary experience, transitioning seamlessly from a morning café into a lively evening dining spot.
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Credit: Stantec.
BD Hotels Breaks Ground on The Nora Hotel in West Palm Beach’s Nora District
The highly anticipated Nora District in West Palm Beach marked a significant milestone with the groundbreaking of The Nora Hotel, a new 201-key boutique hotel developed by BD Hotels, in collaboration with Sean MacPherson, NDT Development, Place Projects, and Wheelock Street Capital.
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Altman Living Unveils New Luxury Apartment Community Altis Grand Kendall
Altman, a prominent developer in multifamily and industrial real estate, has opened its latest project Altis Grand Kendall, 342 upscale apartment homes to Miami's Kendall neighborhood. This addition brings a sophisticated living environment tailored to modern renters, combining sleek interiors with a robust range of high-end amenities.
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Miami's Newest Luxury Residence, The Rider Is Shaping Flexible Urban Living
As Miami’s real estate landscape continues to evolve, a need for ownership flexibility is driving a new wave of luxury residence developments. Miami has become a premier destination for travelers and part-time residents due to its favorable climate, vibrant cultural scene, continued economic growth opportunities, and international accessibility.
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1.5M SF Mixed-Use Development Sawyer’s Walk Delivers Target in Miami's Overtown
Sawyer’s Walk, the largest mixed-use development in the historic community of Overtown, recently opened its retail section, marked by the launch of a 50,000-square-foot Target store. Over the next several months, additional major retailers are set to open, including Burlington, Five Below, Aldi supermarket, and Ross Dress for Less.
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Surf Row Residences Launches Sales in Surfside
In the heart of Surfside, one of Miami's most coveted coastal communities, Surf Row Residences is introducing a new standard of upscale living. Developed by LD&D, a Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom condominiums blends luxury and tranquility just a block from the beach.
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