Coconut Grove, FL-based Terra has locked down a $43.74 million in senior mortgage financing, provided by Thorofare Capital, Inc., an affiliate of alternative investment manager Thorofare LLC. The loan was issued to 16000 Pines Retail Investments, LLC, an entity managed by 16000 Pines Market.
Read More
The Former Site of Bal Harbour Yacht Club Sells For Record $54.931 Million As Luxury Home Site
The former site of the Bal Harbour Yacht Club has sold for a county record of $54.931 million after hitting the market in March for $65 million. The transaction was overseen by Tony Imbesi of Douglas Elliman who represented the seller, and Dina Goldentayer of Douglas Elliman who represented the buyer.
Read More
PMG’s Ryan Shear & Mayor Francis Suarez
PMG And Waldorf Astoria Residences Miami Reveal First-Of-Its-Kind Experiential Sales Gallery With Lavish Soiree In Downtown Miami
The Waldorf Astoria Residences Miami has celebrated the grand opening of its first-of-its-kind experiential sales gallery. On Thursday, June 17th, developer PMG and their development partners officially unveiled the multi-million dollar, first-of-its-kind Waldorf Astoria Experiential Sales Gallery.
Read More
WeWork Co-Founder Adam Neumann Buys Bal Harbour Marina Properties For $44 Million
Ousted WeWork Co-Founder Adam Neumann has acquired two home sites on the Bal Harbour Marina for $44 million. Neuman recently sold his estate in Northern California for $22.4 million and joined the influx of wealthy investors moving to South Florida.
Read More
Melo Group Launches Sales For Luxury Bayfront Condo Tower 'Aria Reserve' In Edgewater
Miami-based real estate developer Melo Group has launched its newest luxury condo development, Aria Reserve Miami, a 62-story, twin tower luxury waterfront condominium development on Biscayne Bay in the heart of Miami’s burgeoning Edgewater neighborhood.
Read More
E11EVEN Hotel & Residences The First Pre-Construction Development To Accept Cryptocurrency For Condo Deposits
Miami really is becoming the Crypto City as E11EVEN Hotel & Residences has become the first development to accept cryptocurrency for condominium deposits in pre-construction projects. E11EVEN Hotel & Residences is under development by PMG and E11EVEN Partners.
Read More
The Collection Breaks Ground On Jaguar Land Rover Dealership Expansion In Coral Gables
Ugo Colombo and Ken Gorin are expanding THE COLLECTION with the addition of a new Jaguar Land Rover dealership at the intersection of U.S. 1 and Ponce de Leon Blvd. in Coral Gables. The luxury car dealership broke ground on the new building after locking down a $64.5 million construction loan.
Read More
JDS Development Group's Luxurious South Beach Condo Monad Terrace by Ateliers Jean Nouvel Now 80% Sold Out
JDS Development Group, a leading real estate development, construction and acquisition firm, has announced 80% of the residences at Monad Terrace, including all four penthouses, are sold. The most recent closing was of the building's crown jewel, PH-A, for $11.8 million.
Read More
Villa Valencia Breaks Record For Most Expensive Condo Sale In Coral Gables
SPONSORED - Villa Valencia just completed the most expensive condo sale of all-time in Coral Gables with Lower Penthouse South for $6.25 million. To date, the building has sold 50% percent of its inventory and earlier this year celebrated ‘topping off’ at 13 stories.
Read More
A Penthouse At ARTE by Antonio Citterio Sells For Record $22.5 Million In Cryptocurrency
ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has sold its lower penthouse for $22.5 million in cryptocurrency. The deal makes the first cryptocurrency real estate transaction for a new development in Miami.
Read More