Miami-based developer Mast Capital has secured a construction loan of $600 million, setting a new record for the largest single-tower residential construction loan ever obtained in Florida for Cipriani Residences Miami. The loan comes from Mexico-based Banco Inbursa and Ascendant Capital Partners, contributing $350 million and $250 million, respectively.
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Rendering via MARCH
Over $100 Million In Sales at The Residences at Shell Bay Following Opening Of Ultra-Private Shell Bay Club
The Residences at Shell Bay, the world-class, 150-acre enclave in the Miami region, has seen over $100 million in sales at the 20-story, 108-residence condominium tower, following the opening of the ultra-private Shell Bay Club in October. The Shell Bay Club is South Florida's first and only new golf club in over 25 years.
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Merrimac Ventures and Aria Development Group Lock Down $95 Million Construction Loan for Sold-Out 600 Miami Worldcenter
A joint venture between South Florida-based developers Merrimac Ventures and Aria Development Group is preparing to break ground on 600 Miami Worldcenter, a 32-story condominium tower set within Downtown Miami’s Miami Worldcenter 27-acre mixed use development, following locking down a $95 million construction loan from Banco Inbursa.
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PROFILEconnect: South Florida Capital Markets Summit at E11EVEN Residences Beyond on 2/7/24
On Wednesday February 7, 2024 PROFILEmiami will host its inaugural South Florida Capital Markets Summit, exploring the current state and future of how real estate in Miami is valued, financed, and transacted with South Florida’s top real estate and finance executives.
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Sterling Bay Joins Key International As Co-Developer of 848 Brickell Office Tower
Key International, led by Diego and Inigo Ardid, has teamed up with Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a Class-A creative office and retail tower proposed in Brickell.
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PROFILEconnect: Design Summit Architecture & Interior Design at Eichholtz Gallery on 2/1/24
On Thursday February 1, PROFILEmiami is set to host our inaugural PROFILE Design Summit, exploring Architecture and Interior Design. The PROFILE Design Summit is the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series, the luxury experience will feature an engaging panel with some of the biggest names in architecture and interior design as they discuss the industry’s most pressing topics.
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The Dezervator at Porsche Design Tower
Inside Gil Dezer's Patented 'Dezervator' Coming To Bentley Residences Miami
Real estate visionary Gil Dezer of Dezer Development, a car collector and aficionado, wanted to offer his buyers at the iconic Porsche Design Tower an amenity that no other tower in the world offered, a car elevator to deliver you and your car to your own private garage in the sky. The patented ‘Dezervator’ was born, and changed the face of ultra-luxury real estate forever.
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CONSTELLATION GROUP BEGINS CONSTRUCTION ON UPSCALE OFFICE AND RETAIL DEVELOPMENT IN CORAL GABLES
Constellation Group, a Miami-based commercial real estate investment and development firm, along with The Boschetti Group, have broken ground on their Class A+ boutique office and retail project at 4225 Ponce de Leon Blvd in South Florida's renowned “City Beautiful.”
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Meet Our Iconic Supercar Industry Panelists for PROFILE Collectors Club 'The Evolution of Collector Hypercars'
On Thursday January 25, 2024 PROFILEmiami will host ‘PROFILE Collectors Club: The Evolution of Collector Hypercars’ at leading hypercar dealership Prestige Imports. Where passion and opulence intersect, PROFILE Collectors Club is an ultra-luxury bespoke experience bringing together today's hottest brands and rarest collector's items with Miami's most active real estate and business professionals to connect and learn about their passions outside of a business setting.
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Penthouse At Indian Creek Residences & Yacht Club Sets New Price Record For Bay Harbor Islands
Penthouse 1 at Indian Creek Residences & Yacht Club, the Kobi Karp-designed ultra-luxury boutique development condo on Miami's Bay Harbor Islands, has gone into contract before even being publicly listed. Asking $12 million, the penthouse sale sets a record price for the islands, in terms of total sale price and price per square foot.
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