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Related Group and Merrimac Ventures Secure $160 Million Construction Loan For Waldorf Astoria Residences Pompano Beach As Sales Pass 70%

June 9, 2025

Leading real estate developers Related Group and Merrimac Ventures, alongside hospitality leader Hilton (NYSE: HLT), have closed on $160 million in construction financing from Bank OZK for Waldorf Astoria Residences Pompano Beach (The Residences).

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In Commercial, Banking, Development, Development News, Development Sales, News, News & Features, Pompano Beach, Residential, Finance & Banking Tags News & Features, News, Development, Development News, Development Sales, Residential, Commercial, Featured, Pompano Beach, Waldorf Astoria, Waldorf Astoria Residences Pompano Beach, Related Group, Merrimac Ventures, Nick Perez, Nick Pérez, Dev Motwani, Banking, Finance & Banking, Lending, Bank OZK
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The Melo Group Acquires Lot Adjacent To Brickell City Centre From Swire Properties For $211.5 Million In All Cash Deal

May 30, 2025

The Melo Group has acquired 2.83 acres of premium land from Swire Properties at 700-799 Brickell Avenue, strategically located next to Brickell City Centre, Miami’s premier shopping and culinary destination.

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In Brickell, Commercial, Development, Development News, Development Sites, News, News & Features Tags News & Features, News, Commercial, Development, Development News, Swire Properties, Brickell, Brickell City Centre, One Brickell City Centre, Melo Group, Related Companies, 700 Brickell Ave., Development Sites, Featured
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First Look Inside The Newly Revealed FAENA Residences Miami

May 28, 2025

FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront.

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In Commercial, Development, Development News, Development Sales, Downtown, Luxury Real Estate, News, News & Features, Residential Tags FAENA RESIDENCES MIAMI, Faena District, Alan Faena, Faena, News, News & Features, Development News, Development, Development Sales, Residential, Commercial, Featured, Rafael Viñoly, Kar Properties, Shahab Karmely, Fortune International Group, Edgardo Defortuna
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$6 Billion Mixed-Use Miami Worldcenter Set For Official Grand Opening in Downtown Miami Welcoming New Restaurant And Retail Concepts

May 20, 2025

After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays.

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In Commercial, Development, Development News, Downtown, News, News & Features, Retail, Mixed Use Tags News & Features, News, Development News, Development, Commercial, Featured, Downtown Miami, Downtown, Miami Worldcenter Associates, Miami Worldcenter, Nitin Motwani, Art Falcone, Falcone Group, CIM Group, Retail, Mixed Use
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Pura Vida Opens Coconut Grove Flagship Location With New Signature Gelato Concept

May 12, 2025

Pura Vida Miami, South Florida’s premier all-day cafe and wellness brand, has opened its first flagship location in the heart of the historic Coconut Grove neighborhood. Marking a major milestone for the Miami-born brand, the expansive 6,000-square-foot space at 3000 Grand Avenue is now Pura Vida Miami’s largest outpost yet.

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In Commercial, Coconut Grove, News, News & Features, Restaurants Tags News & Features, News, Commercial, Pura Vida, Pura Vida Coconut Grove, Coconut Grove, Restaurants, Jennifer Horev, Omer Horev
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The Ritz-Carlton Key Biscayne Launches $100 Million Full-Scale Renovation of Iconic Beachfront Resort

May 12, 2025

Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury.

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In Commercial, Key Biscayne, News, News & Features, Hotels, Hospitality Tags News & Features, News, Commercial, Hospitality, Hotels, The Ritz-Carlton, The Ritz-Carlton Key Biscayne, Gencom, Key Biscayne, 455 Grand Bay Drive, Hart Howerton, Design Agency, Chapi Chapo Design
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Celestial Fund Closes $35 Million Bespoke Debt Package For Spec Home Portfolio

May 12, 2025

Celestial Fund, under the leadership of Founder and CEO Eugene Rutenberg, has closed on a $35 million bespoke debt package, structured for the recapitalization and refinancing of an exceptional three-property Spec Home portfolio, developed by Cicardo Development — a premier merchant builder based in South Florida.

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In Banking, Commercial, Development, Development News, News, News & Features, Finance & Banking, Residential, Spec Home Tags News & Features, News, Commercial, Development News, Development, Spec Home, Residential, Finance, Financing, Finance & Banking, Banking, Lending, Featured
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Prosper Group and Forte Development Reveal 80-Story Brickell Tower Designed by ODP Architects

May 8, 2025

Prosper Group and Forte Development have unveiled plans for an ambitious 80-story mixed-use tower designed by ODP Architects at 1040 South Miami Avenue. This striking development, set to rise 945 feet above the skyline, will blend residential, hotel, and retail spaces into a dynamic urban hub.

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In Brickell, Commercial, Development, Development News, Development Sites, News, News & Features, Residential Tags News & Features, News, Development News, Development, Residential, Development Sites, 1040 S. Miami Ave., 1040 South Miami Avenue, Commercial, Brickell, Prosper Group, Jay Roberts, Forte Development, Marius Fortelni, Featured, ODP Architects, 1040 S Miami Development LLC
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Sushi Garage Reveals Inside Look At New Concept Coming To The Standard Residences, Midtown Miami

May 1, 2025

Rosso Development, Standard International and Midtown Development have revealed a first look at Sushi Garage’s upcoming outpost at the highly anticipated The Standard Residences, Midtown Miami. Created by the acclaimed Juvia Group, founded by Jonas and Alexandra Millán, Sushi Garage brings a modern twist to traditional Japanese cuisine in an elevated, neighborhood-style setting.

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In Commercial, Development, Development News, Lifestyle, Midtown, News, News & Features, Residential Tags News & Features, News, Sushi Garage, Juvia Group, Development, Development News, Commercial, Restaurants, The Standard Residences Midtown Miami, Lifestyle, Rosso Development, Standard International, Midtown Development, Jonas Millán, Alexandra Millán, Midtown, Featured
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Continuum Company Closes $25 Million Pre-Development Loan for Continuum Club & Residences in North Bay Village

April 30, 2025

Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida.

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In Commercial, Banking, Development, Development News, News, News & Features, North Bay Village, Residential Tags Continuum Company, News & Features, News, Residential, Banking, Finance & Banking, North Bay Village, Aksoy Holdings, Continuum Club & Residences, Benmark Capital, Arquitectonica, Durukan Design, Martha Schwartz Partners, Development, Development News, Lending, Commercial
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