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PMG, Lion Development Group and Marc Roberts Companies Secure $215 Million Construction Loan For 38 West Eleventh Residences Miami

April 1, 2025

National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood.

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In Banking, Commercial, Development, Development News, Downtown, Finance & Banking, News, News & Features, Residential Tags News & Features, News, Development News, Development, Featured, Residential, Commercial, Banking, Finance & Banking, PMG, Lion Development Group, Michael Simkins, Marc Roberts Companies, GoldenTree Asset Management, PMG Residential, Park West, Downtown, Downtown Miami, Construction Loan, Finance, Financing, 38 NW 11th St
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14 ROC Passes 20% Sold, Converts to Contract In Downtown Miami's Arts & Entertainment District

March 27, 2025

14th Street Miami Developers LLC has announced that 14 ROC, a 32-story luxury condominium in Downtown Miami, will convert to contract at 20% sold with sales led by Miami-based Cervera Real Estate. This significant milestone follows the development's successful launch in July 2024, reflecting exceptional buyer demand and growing interest in flexible short-term rental properties in Miami's urban core.

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In Development, Development News, Development Sales, Arts + Entertainment Dist, Downtown, News, News & Features, Residential Tags News & Features, News, Development News, Development, Development Sales, 14 ROC, Downtown, Downtown Miami, GFO Investments, 14th Street Miami Developers LLC, Residential, Featured, Cervera Real Estate, Russell Galbut, Arts + Entertainment Distr, Arts + Entertainment District, 125 NE 14th Street
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Construction On Miami's First Supertall Tower 'Waldorf Astoria Hotel & Residences Miami' Progressing At One Floor Per 10 Days

March 18, 2025

Construction is progressing swiftly at PMG’s Waldorf Astoria Hotel & Residences Miami, an iconic project poised to redefine the Miami skyline as the city’s first supertall tower. This architectural marvel will stand 100 stories tall and reach heights of 1,049 feet, making it the tallest residential building south of New York City.

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In Commercial, Development, Development News, Downtown, Hospitality, Hotels, Luxury Real Estate, News, News & Features, Residential Tags News & Features, News, Featured, Development News, Development, Residential, Commercial, Waldorf Astoria, Waldorf Astoria Hotel & Residences, Waldorf Astoria Miami, PMG, Greybrook, Mohari Hospitality, S2 Development, Hilton, Hotels, Hotel, Hospitality, Downtown, Downtown Miami, Supertall, John Moriarty & Associates, Luxury Real Estate
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America's Top-Grossing Steakhouse, Maple & Ash, Now Open in Miami Worldcenter

March 13, 2025

Maple Hospitality Group, the visionary team behind acclaimed restaurants Maple & Ash, Eight Bar, Monarch, and Kessaku, has opened the Miami location of its flagship award-winning concept, Maple & Ash, in Downtown Miami’s Miami Worldcenter.

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In Commercial, Development, Development News, Downtown, Hospitality, News, News & Features, Restaurants Tags News & Features, News, Commercial, Miami Worldcenter, Development, Development News, Downtown, Restaurants, Restaurant, Hospitality, Maple & Ash, Eight Bar, Danny Grant, Maple Hospitality Group, The Studio, Downtown Miami, Featured
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E11EVEN® Club Hotel & Residences Miami Tops Off In Miami's Park West District 11 Neighborhood

March 6, 2025

National developer PMG and E11EVEN® Partners have topped off E11EVEN® Club Hotel & Residences Miami in Downtown Miami’s Park West District 11 neighborhood, bringing residents one step closer to experiencing its one-of-a-kind resort-style, entertainment-driven experience.

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In Development, Development News, News, News & Features, Residential, Downtown Tags News & Features, News, Development, Development News, Top Off, E11EVEN, E11EVEN Hotel & Residences, E11EVEN Residences Beyond, E11EVEN Partners, PMG, Property Markets Group, Residential, Sieger Suarez Architects, Charles Sieger, Downtown Miami, District 11, Park West, Downtown, Featured
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Carbon Neutral Apple Miami Worldcenter Now Open In Downtown Miami's Miami Worldcenter

January 24, 2025

In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.

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In Commercial, Development, Development News, Downtown, News, News & Features, Retail Tags News & Features, News, Commercial, Miami Worldcenter, Downtown, Downtown Miami, Apple Miami Worldcenter, Sustainability, Retail, Apple, Development News, Development, Featured
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Naftali Group Secures $40 Million C-PACE Financing Loan for JEM Private Residences in Downtown Miami's Miami Worldcenter

January 22, 2025

New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.

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In Commercial, Development, Development News, Downtown, Banking, Finance & Banking, News, News & Features, Residential Tags Naftali Group, JEM Private Residences, Development News, Development, Residential, Commercial, Finance, Financing, Finance & Banking, Banking, Nuveen, Nuveen Green Capital, Downtown Miami, Featured
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Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami

January 22, 2025

Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.

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In Commercial, Downtown, Hospitality, Hotels, News, News & Features, Residential Tags News & Features, News, Development News, Development, Commercial, Residential, Okan Tower, Okan Group, Downtown Miami, Featured, Hilton Miami Bayfront, Hotel, Hotels
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Sale of $23 Million Penthouse at Aston Martin Residences Sets Downtown Miami Record

December 10, 2024

Top luxury real estate agent David Rocca just sold the stunning Sky Penthouse at the Aston Martin Residences. The record-breaking sale represents the most expensive condo sale ever in downtown Miami history with a last asking price $23,000,000.

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In Development, Development News, Downtown, Luxury Real Estate, News, News & Features, Residential Tags News & Features, News, Development News, Development, Development Sales, Aston Martin Tower, Aston Martin Residences, Aston Martin, David Rocca, The Agency, Residential, Downtown Miami, Downtown, Luxury Real Estate
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$94.5M Construction Loan Secured for Excel Miami in Arts & Entertainment District

November 17, 2024

Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District.

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In Approved, Arts + Entertainment Dist, Banking, Capital Markets, Closed, Commercial, Construction, Construction News, Construction Contract, Development, Development News, Downtown, Featured Listing, Features, Multifamily, New Construction, News, News & Features, Rentals, Residential Tags Clearline Real Estate, Excel Miami, 15500 NE Miami Place, Centennial Bank, Jay Brito, Southern Realty Trust, Jenny Bernell, Arquitectonica, Featured, Featured Listing
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