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PMG and Greybrook Lock Down $226 Million Construction Loan For Phase 2 Of Society Las Olas

July 20, 2023

Leading real estate development firm PMG and private equity firm Greybrook have secured $226 million in construction financing for phase two of Society Las Olas, a 42-story apartment community located in Downtown Fort Lauderdale at 140 SW 2nd St. The loan was provided by Related Fund Management and Lubert-Adler. John Moriarty & Associates is the general contractor of Society Las Olas’ second phase, which is currently completing groundwork and is slated for completion in Q1 2026.

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In Commercial, Development, Development News, News, News & Features Tags News & Features, News, July 2023, Development, Development News, Commercial, PMG, Lending, Banking, Finance & Banking
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Rendering via Binyan Studio

Honoring Tradition, Defining the Future: The St. Regis Residences, Miami

July 19, 2023

The St. Regis New York, founded by the visionary John Jacob Astor IV in 1904, played a pivotal role in the evolution of New York City’s Fifth Avenue. Rising as the tallest structure of its time, this architectural masterpiece not only reshaped Manhattan’s skyline, but also served as a pioneering model for innovation and excellence that revolutionized the hospitality industry.

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In Brickell, Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Residential, Branded Residences Tags July 2023, Brickell, St. Regis, The St. Regis Residences Miami, News & Features, News, Related Group, Robert A.M. Stern Architects, Robert A.M. Stern, RAMSA, The Rockwell Group, Integra Investments, Nick Perez, Nick Pérez, Development News, Development, Development Sales, Residential, Luxury Real Estate, Featured, PROFILE Studio
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MG Developer Locks Down $67.5 Million Construction Loan For The Village at Coral Gables

July 19, 2023

MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July. Located at 535 Santander Avenue, is a 48-residence collection that will pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”

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In Commercial, Coral Gables, Development, Development News, News, News & Features, Residential Tags News & Features, News, The Village at Coral Gables, Alirio Torrealba, MG Developer, Coral Gables, Lending, Banking, Finance & Banking, Churchill Real Estate, July 2023, Featured, Residential, Commercial, Development News, Development, PROFILE Studio
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Image via Omar Vega

Reserve to Open World-Class Padel Club at SoLé Mia

July 19, 2023

Reserve, the leading lifestyle padel brand established by entrepreneur Wayne Boich, in collaboration with SoLé Mia, the 184-acre, master planned North Miami community developed by LeFrak and Turnberry, today announce the anticipated addition of Reserve Padel club to the growing development project, expected to open fall 2024. Serving as the brand’s first permanent location in the world, Reserve Padel at SoLé Mia, will be located at 2251 NE 146th Street.

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In Commercial, Development, Lifestyle, News, News & Features, Sports Facilities Tags News & Features, News, Reserve, Padel, July 2023, Lifestyle 2023, Commercial, Development, Sports Facilities, Reserve Padel, SoleMia, Sole Mia, Solé Mia
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Fisher Brothers Reveals Wynhouse Miami, Mixed-Use Multifamily Development in Wynwood

July 19, 2023

Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, today announced the start of construction of Wynhouse Miami, a mixed-use multifamily development in the heart of Miami’s Wynwood neighborhood. Wynhouse Miami will rise eight stories and offer 308 rental residences, approximately 26,000 SF of ground floor retail and paseo space and nearly 25,000 SF of expansive indoor and outdoor amenities.

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In Commercial, Development, Development News, Multifamily, Mixed Use, News, News & Features, Wynwood Tags News & Features, News, July 2023, Commercial, Development News, Development, Wynhouse Miami, Wynwood, Featured, Mixed Use, Fisher Brothers, Winston Fisher, Multifamily
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PROFILEmiami & MG Developer Present: An Exploration Into Capital Markets Coral Gables

July 9, 2023

PROFILEmiami and MG Developer are pleased to present ‘An Exploration into Capital Markets Coral Gables’, a immersive panel event exploring capital markets and real estate development in South Florida with an emphasis on Miami’s Coral Gables neighborhood. The evening will include an in-depth discussion on Capital Markets along with cocktails and networking at MG Developer’s Village at Coral Gables sales gallery in the heart of Coral Gables.

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In Commercial, Development, Development News, Events, News, News & Features, Coral Gables Tags News & Features, News, Events, Development, Development News, Commercial, July 2023, MG Developer, Coral Gables, Featured
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MG Developer And Baron Property Group Reveal $600 Million 'Metro Center' In Hialeah

July 6, 2023

The Coral Gables-based MG Developer, alongside their partner Baron Property Group (BPG), a New York-based development company, have revealed their plans for a new Hialeah, Metro Center. This $600 million landmark development will comprise nearly 2.3 million square feet of upscale apartments, and retail space between Metro Parc, Metro Parc North, and Metro Parc South, all located in a transit-oriented community in the heart of Hialeah.

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In Commercial, Development, Development News, Hialeah, News, News & Features Tags News & Features, News, MG Developer, Baron Property Group, Hialeah, Development News, Development, Commercial, Featured, July 2023
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Swerdlow Group and Coastal Construction Top Off Block 55 at Sawyer's Walk in Downtown Miami

July 5, 2023

The Swerdlow Group and Coastal Construction Group have reached the top floor of Block 55 at Sawyer's Walk, an 18-story mixed-use development in downtown Miami offering affordable housing for low-income seniors. Developed by the Swerdlow Group, Block 55 at Sawyer’s Walk spans 1,400,000 SF, and features approximately 180,000 SF of retail space and 120,000 SF of Class A office space.

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In Commercial, Development, Development News, Downtown, News, News & Features Tags News & Features, News, Development, Development News, Top Off, Coastal Construction, Swerdlow Group, Commercial, Downtown, Downtown Miami, July 2023
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Newgard Development Reveals Skydeck At LOFTY Brickell

July 5, 2023

Forward-thinking real estate developer Newgard Development Group continues to differentiate its LOFTY Brickell condominium project with unique features and innovative concepts. In the latest example, Newgard is unveiling its plan for the building’s skydeck-- a versatile rooftop space that will be available as a venue for private events and will be an additional building amenity dedicated exclusively to LOFTY unit owners.

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In Brickell, Development, Development News, News, News & Features, Residential Tags News & Features, News, Featured, LOFTY Brickell, July 2023, Newgard Development Group, Development, Development News, Residential, Brickell, Harvey Hernandez, PROFILE Studio
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Venetian Islands Waterfront Contemporary Spec Home 'Villa Marco' Hits Market For $23.9 Million

June 29, 2023

Villa Marco, a masterfully crafted waterfront residence developed by renowned local builder, Sabal Development, on Miami’s exclusive Venetian Islands has hit the market for $23.9 million. The property is a true testament to exquisite design capturing breathtaking bay views and natural light. Villa Marco is located on San Marco Island at 1369 North Venetian Way.

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In Development, Development News, Development Sales, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Spec Home, Venetian Islands Tags News & Features, News, Development News, Development, Spec Home, Venetian Islands, Sabal Luxury Builder, Sabal Development, Compass, Mathieu Rochette, Pascal Nicolai, Residential, June 2023, 1369 North Venetian Way, Villa Marco, Luxury Real Estate, Luxury Homes
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