MG Developer, a leading real estate development firm led by Alirio Torrealba, has successfully closed a $10 million loan for the acquisition of prime land in Coral Gables. This strategic move is a testament to the visionary work of MG Developer which marks a significant milestone, as it sets the stage for the development of 13 more exclusive ultra-luxury townhomes.
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Whitman Family Development Reveals Mixed-Use Luxury / Workforce Housing Development Within Bal Harbour Shops Complex
Whitman Family Development, the family-owned company that pioneered the concept of an open-air retail destination with the creation of Bal Harbour Shops, has submitted plans for a mixed-use development that will further enhance the 18-acre property with the addition of attainable and market-rate residences and a boutique hotel in the heart of the commercial district of the Village of Bal Harbour, Florida.
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Terra and Grass River Property Complete Grove Central Transit Oriented Mixed-Use At Gateway to Coconut Grove
Terra and Grass River Property, two of the deepest-rooted development firms in Miami’s Coconut Grove neighborhood, have completed construction of a new mixed-use multimodal complex that exemplifies smart development in South Florida. Grove Central, located at the intersection of US-1 and SW 27th Avenue, includes a 23-story residential tower with 402 multifamily, workforce and co-living units.
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The First Duplex Penthouse At The St. Regis Residences, Miami Hits Market For $45 Million
The first of two upper penthouse residences at St. Regis Residences, Miami has hit the market for $45 million. The duplex penthouse features over 10,000 square feet of living space with a 2,842-square-foot indoor/outdoor private roof deck complete with a pool, spa, summer kitchen and incomparable views of Biscayne Bay and Brickell.
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Rendering via Related Companies and The Boundary
Related Companies Reveals Teaser For Shorecrest Condos on North Flagler Drive in West Palm Beach
Related Companies has unveiled a first look at Shorecrest, a luxury waterfront condo building along the Intracoastal Waterway on West Palm Beach’s North Flagler Drive. Related Companies revealed a first rendering as well as a teaser site for the project where marketing and sales are handled exclusively by Corcoran Sunshine Marketing Group.
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CMC Group Locks Down $239 Million Construction Loan for Vita at Grove Isle in Coconut Grove
CMG Group, led by Ugo Colombo, has locked down a $239 million construction loan for Vita at Grove Isle, an ultra-luxe boutique condominium under construction on the exclusive private island of Grove Isle situated just offshore of Miami’s Coconut Grove neighborhood. The financing was provided by Bank OZK to fund the ongoing development of the seven-story condominium.
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First Luxury Single-Family Residences at SeaGlass Cove in The Florida Keys Set To Be Delivered in March
The first luxury single-family residences at SeaGlass Cove in the Florida Keys are set to be delivered in March 2024. SeaGlass Cove is a new, luxurious island enclave consisting of just 14 single-family homes in Marathon, Fla., in the heart of the Florida Keys. Located at 59720 Overseas Highway in Grassy Key, the project is being developed by Constellation Group and Ironwood Venture Group.
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El-Ad National Properties Flies In Rooftop Lap Pool At ALINA Residences In Boca Raton
El-Ad National Properties, an Elad Group company with a South Florida-based team, brought in a crane to its ALINA Residences to fly in ALINA 220’s rooftop lap pool on Tuesday, Dec. 5. ALINA Residences is an award-winning, world-class residential destination in the heart of downtown Boca Raton that is currently under construction.
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THE FIFTH MIAMI BEACH Locks Down $47.3 Million In Construction Financing From Cain International
International recognized real estate development firms, Sumaida + Khurana and Bizzi+Bilgili, a partnership between Bizzi & Partners with Serdar Bilgili, have locked down a $47.3 million construction loan for THE FIFTH MIAMI BEACH, a five-story Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza in Miami Beach’s South of Fifth neighborhood.
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Constellation Group Locks Down $33 Million Construction Loan For Office Development In Merrick Park
Constellation Group, a Miami-based commercial real estate investment and development firm, and The Boschetti Group have locked down a $33 million construction loan from Miami-based Banesco USA and Abanca, for its upcoming office and retail development located at 4225 Ponce de Leon Boulevard in South Florida’s renowned City Beautiful, Coral Gables.
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