Florida East Coast Realty has sold a 2.5 acre prime waterfront development site in Brickell in a mega-deal for a record $363 million. The transaction breaks the previous record set when the former Miami Herald site in Downtown Miami sold for $236 million. The buyer paid roughly $145 million per acre, $3,340 PSF dirt value, for the site which is located at 1201 Brickell Bay Drive.
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Fortune International Group And Blue Road Launch Nexo Residences, North Miami Beach Condo Allowing Short Term Rentals
Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences.
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B&B Italia Is Distilling The best of Italian Living in Miami’s Downtown
Nobody does luxury quite like Italy. From unmatched gastronomy, to revered art and design, the Italian peninsula offers a sense of style unlike anywhere else in the world. This focus on form and beauty has long defined Italian design, whether it be in automobiles, fashion, interior design or home furnishings. Italian design always stands out, with countless attempts to emulate the Mediterranean region’s understated, yet exquisitely refined aesthetic.
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Eyzenberg & Co. Structures $73.35 Million Construction Loan For Downtown St. Petersburg Condo Development
Eyzenberg & Company has arranged a stretch-senior construction loan to finance the development of Reflections Condominiums, a 17-story condominium tower on Mirror Lake in St. Petersburg, Florida. The New York-headquartered commercial real estate investment banking firm was retained in 2021 as the exclusive financial advisor for the development of the 326,468 SF building.
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Related Group And Tricap Launch NoMad Residences Wynwood With A Casa Tua Cucina
A joint-venture between Related Group, Tricap, led by David Edelstein, and Alex Karakhanian’s LNDMRK Development have launched sales of NoMad Residences Wynwood which will feature a ground floor Casa Tua Cucina. The NoMad Bar on the rooftop which will be overseen by James Beard Award Winner Leo Robitschek.
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Continuum Company Breaks Ground On The Sold-Out La Baia, Bay Harbor Islands
La Baia, Bay Harbor Islands, the new luxury boutique bayfront condominium and private marina by New York visionary and developer Ian Bruce Eichner, CEO of The Continuum Company, LLC, has broken ground. The Continuum Company hosted a groundbreaking ceremony with Suffolk Construction on April 13, the appointed general contractor of the condominium, and La Baia’s exclusive sales brokerage Pgutman LLC headed by Phil Gutman
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Giuseppe Cipriani, Bernardo Fort-Brescia, & Camilo Miguel, Jr.
Mast Capital And Cipriani Host Lavish Riverfront Launch Soirée For Cipriani Residences Miami
On April 5th, Mast Capital and Cipriani joined together to host a launch soirée for Cipriani Residences Miami, a new ultra-luxury condominium in Miami’s Brickell neighborhood. The event was held at Cipriani Downtown, capturing the essence of the brand recognized for its distinguished style, world-class service and four generations of history and tradition.
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Baccarat Residences Miami Crystalizes True Potential of Brickell Skyline
Miami's Brickell neighborhood, dubbed in the early 1900s as Miami’s Millionaire’s Row, evolved to become a banking center headquarters in the 1980s and has transformed once again into an effervescent hub of luxury shopping, culinary excellence and opulent living. Now known as the “Manhattan of the South,” Brickell is a premier hub for international finance in the United States.
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Fort Partners Pays Off $210 Million Construction Loan at Four Seasons Fort Lauderdale
Miami-based development firm Fort Partners has today announced that the $210 million construction loan for the Kobi Karp-designed Four Seasons Hotel and Private Residences Fort Lauderdale has been paid off. The loan, financed by Madison Realty Capital, became the largest residential construction loan in Fort Lauderdale history when it closed in 2019.
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Jay Phillip Parker, Candace Jorritsma, Bob Moss, Noam Ziv, Jorge Garcia, Boca Raton Mayor Scott Singer, Andrea Levine O'Rourke, Yvette Drucker, Monica Mayotte, Andy Thomson, Caprice Weber
El-Ad National Properties Breaks Ground On ALINA Residences Phase Two In Boca Raton
El-Ad National Properties has broken ground on phase two of ALINA Residences, a world-class residential destination in the heart of Boca Raton. Phase two includes two nine-story residential buildings and will complete the entire project. At the groundbreaking ceremony, El-Ad National CEO Noam Ziv announced that phase two of ALINA Residences is already 40% sold.
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