L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 NW 29th Street in Miami’s Wynwood Arts District. This milestone, which took place with a groundbreaking celebration on March 2, followed by an afterparty at Oak Row Equities’ Oasis Wynwood, comes on the heels of securing $215 million in construction financing.
Read MoreGlobal Financial Services Firm Rothschild To Open Miami Office At 830 Brickell
Global financial services company Rothschild & Co. will open a Miami office at 830 Brickell after leasing space at OKO Group and Cain International’s premier Class A+ office tower which is nearing completion in the city’s Brickell Financial District. Rothschild & Co. is one of the world's largest independent financial advisory groups, employing 3600 people in 40 countries across the world.
Read MoreThe Continuum Company Acquires North Bay Village Development Site For $35 Million
New York based development firm The Continuum Company has closed on the purchase of 1755 Kennedy Causeway, a 1.34-acre site in Miami’s exclusive North Bay Village. Samuel Heskiel, CEO and Co-Founder at Beachfront Realty was the land broker for this deal, which was purchased by the firm for $35,000,000. The firm plans to come to market with their second ever Continuum-branded project in South Florida Q4 of 2023.
Read MoreOak Row Equities And L&L Holding Company Secure Full Construction Financing For 'The Wynwood Plaza' One-Million-Square-Foot Dynamic Mixed-Use Campus
L&L Holding Company and Oak Row Equities today announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail and outdoor space to Miami’s famed Wynwood Arts District. L&L Holding, Oak Row Equities, alongside project partner Shorenstein and co-investor Claure Group, secured the loan from Bank OZK.
Read MoreKobi Karp Designed Gateway at Wynwood Class A Office Complex Refinanced With $113 Million Loan
Berkadia has arranged a $113 million loan to refinance Gateway at Wynwood, a 220,000-square-foot, Class A office and retail project designed by Kobi Karp in Miami’s Wynwood District. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan on behalf of New York-based R&B Realty, a family-owned real estate management, leasing and construction company.
Read MoreTerra Locks Down $43.5 Million Refinancing For 'Residences In The Grove' Coconut Grove Condo
Terra, in partnership with AB Asset Management, has secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit luxury condominium located at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing, provided by City National Bank of Florida and KS Finance Corporation, will fund preliminary demolition and site-work in preparation for the project’s groundbreaking.
Read MoreNewgard Development Group To Bring Acclaimed NY Restaurant AVRA Estiatorio To LOFTY Brickell
Newgard Development Group has revealed that the acclaimed Greek restaurant AVRA Estiatorio will be opening in LOFTY Brickell, a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s Brickell financial district. AVRA transports diners to the Greece Islands with its decor and cuisine including incomparably fresh seafood, vegetables and hand-pressed extra-virgin olive oil.
Read MoreContinuum Company Announces Cullen Mahoney As New Senior Development & Acquisitions Officer
Continuum Company, a New York City-based boutique real estate development firm focusing on ground-up developments that create value for both the consumer and investor, announced today that Cullen Mahoney is joining the company as the Senior Development & Acquisitions Officer for Florida. For the past two decades, Continuum has eyed South Florida as an up-and-coming real estate enclave.
Read MoreCMC Group and Morabito Properties Top Off Construction On Onda Residences In Bay Harbor Islands
Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties have topped off Onda Residences at 8 stories in Miami’s exclusive Bay Harbor Islands community. The bayfront Onda Residences is a 41-unit boutique luxury condominium project being developed along Biscayne Bay at 1135 103rd Street. 85% of its units are already sold ahead of its completion which is slated for later this year.
Read MoreShoma Group Reveals Elevated, New Look Renderings Of Shoma Bay In North Bay Village
Miami-based developer Shoma Group has unveiled a fresh new look to Shoma Bay, a 24-story, 333-unit condominium located in the exclusive waterfront community of North Bay Village. The new tower design seamlessly melds a classic art-deco aesthetic with a modern facade while adding community-minded amenities such as a zen garden, grocery delivery room, wine cellar, cigar lounge, and other dynamic features.
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