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.
Read More
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.
Read More
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.
Read More
Former Bridgewater Associates CTO Buys AKAI Estates Residence For $8 Million In Southwest Ranches
Prasad Hedge has joined bigwig investors migrating to South Florida from Connecticut. Hedge, who was previously a CTO with Bridgewater Associates, a premier asset management firm owned by Founder and Co-Chief Investment Officer Ray Dalio, purchased an estate in Southwest Ranches Akai Estates for $8 million.
Read More
Check Out The Most Expensive Penthouse In Coral Gables Listed For $14.9 Million At Villa Valencia
A wellness escape in the sky, this upper penthouse at Villa Valencia is expected to shatter records once sold. It’s currently the most expensive condo listed in Coral Gables at $14.9 million. The building holds the record for most expensive condo sale of the lower penthouse for $6.5M. Villa Valencia is being developed by Location Ventures and will deliver early this year.
Read More
Bentley Motors And Dezer Development Reveal New Renderings of Bentley Residences Miami
Bentley Motors, in collaboration with Dezer Development, has revealed new renderings of Bentley Residences Miami showcasing the stunning views and lavish interiors at the ultra-luxury waterfront development coming to Sunny Isles Beach. Bentley Residences Miami is first Bentley-branded residential tower in the world.
Read More
Naftali Group Acquires Miami Worldcenter Development Site For $41 Million, Plans Two Supertall Residential Towers
The New York-based developer Naftali Group has acquired a development site at 1016 NE 2nd Ave. in Miami Worldcenter for $41 million and is planning two supertall residential towers. The site was acquired in partnership with Cara Real Estate Management. The seller was Akara Partners who acquired the site for $18.8 million in July 2020.
Read More
Sabal Development Sells 10-Acre Parcel To Lennar Homes For $24.5 Million In Off-Market Transaction
Sabal Development, a Miami-based builder and developer who specializes in luxury custom homes led by Pascal Nicolai, has sold a 433,422 SF, 10.17-acre, parcel located at 8290 SW 120th Street in Miami, Florida for $24.5 million to Lennar Homes. The off-market transaction closed on March 23, 2022 with no listing agents involved.
Read More
Miami Worldcenter Completes Major Milestones Including 50K SF of Retail And 43-Story Bezel Tower
Miami Worldcenter has announced the completion of Block H, adding to the retail and parking components at the 27-acre project as active vertical development continues on the $4 billion mixed-use development in the heart of Downtown Miami. Block H is composed of 50,000 square feet of prime street-level and rooftop retail space.
Read More
Billionaire Entrepreneur Buys $23.5 Million Penthouse Through Social Media at Jade Signature
Billionaire entrepreneur Adam Weitsman, who made his fortune in scrap metal recycling and crypto, has purchased the penthouse at Jade Signature in Sunny Isles Beach for $23.5 million. Weitsman saw the unit and completed the deal fully through social media. Weitsman was represented by Chad Carroll with Compass, who he connected with on Instagram.
Read More