Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.
Read More
Stock Residences Breaks Ground On The Ritz-Carlton Residences, Naples
The Ritz-Carlton Residences, Naples, the first Ritz-Carlton-branded private residences in Naples, FL, has broken ground. With an idyllic setting flanked by Vanderbilt Beach and the Gulf of Mexico to the west and Vanderbilt Lagoon to the north, The Residences are slated for delivery in 2026 and will feature a limited collection of just 128 dwellings and penthouses, along with over 50,000 SF of amenities, spread throughout five boutique buildings.
Read More
Only Luxury Condominium to be Delivered in South Beach This Year Tops Off
Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge.
Read More
FIRST ON PROFILE: Oak Row Equities and LNDMRK Development Reveal 2900 Terrace in Edgewater
FIRST ON PROFILE: Oak Row Equities, a dynamic vertically-integrated real estate private equity and development company with over $1.6 billion of development in South Florida, and LNDMRK Development, a principal based real estate company concentrated on mixed use urban development and opportunistic value based acquisitions, revealed final design plans for 2900 Terrace in Edgewater, Miami following approval from the UDRB.
Read More
Alba Palm Beach Closes On $95 Millon Construction Loan
Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.
Read More
Isaac Kodsi Set To Launch Arbor Residences, Revitalizing The Stalled Condo Project Into A Coconut Grove Oasis
Arbor Residences, a leafy residential retreat nestled within the historic gardens of Miami’s Coconut Grove, is back on track and ready for completion. Due to financial challenges met by the previous development team, the project took a temporary pause in development. Under the leadership of developer Isaac Kodsi, Arbor Residences is now poised for completion.
Read More
FIRST ON PROFILE: The Residences at 1428 Brickell Reveals $60 Million Penthouse Designed By ACPV Architects
FIRST ON PROFILE: 1428 Brickell has revealed their ground-breaking $60 million, two-story, fully-finished penthouse crowning The Residences at 1428 Brickell. The penthouse residence encompasses over 12,000 square feet set under a soaring 30-foot ceiling, unveiling an unrivaled tapestry of views. The Residences at 1428 Brickell is being developed by 1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech.
Read More
Rendering via Binyan Studios
PPG Development Launches Kobi Karp-Designed Bay Harbor Towers in Bay Harbor Islands
PPG Development and L3C Capital Partners have launched sales for Bay Harbor Towers, an eight story luxury waterfront condominium located at 10143 East Bay Harbor Drive in Miami’s exclusive Bay Harbor Islands. Fortune Development Sales will lead the exclusive sales and marketing of Bay Harbor Towers with prices starting at $1.9 million.
Read More
Rendering via Binyan Studios
Fortune Development Sales Named Exclusive Sales Brokerage To Represent The Residences at Mandarin Oriental, Miami
Swire Properties has appointed Fortune Development Sales to be the exclusive sales and marketing agent for The Residences at Mandarin Oriental, Miami. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, but only moments away from Miami’s vibrant urban core.
Read More
Inside ‘The Revitalization of North Beach: An Exploration Into the Past, Present & Future’ Presented by Ella Miami Beach
On Wednesday November 1, 2023, PROFILEmiami, Ella Miami Beach and Constellation Group presented ‘The Revitalization of North Beach: An Exploration Into the Past, Present & Future’, featuring an immersive panel event exploring Miami Beach’s North Beach, its rich past, and fast changing landscape.
Read More