Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
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Rendering via BINYAN Studios
FIRST ON PROFILE: Terra Unveils Plans For Mr. C Hotel & Residences in West Palm Beach With Signature Bellini Restaurant
FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.
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Related Group and Tricap Break Ground On Hospitality-Infused Wynwood Condo 'NoMad Residences Wynwood'
Related Group, together with Manhattan-based developer Tricap, has broken ground on NoMad Residences Wynwood, the first residential concept from the global hospitality icon, NoMad Hotels, and its parent company, Sydell Group. Located just steps from Miami’s world-famous Wynwood Walls, the nine-story condominium tower boasts an eclectic, modern design crafted by the world’s preeminent design talents with architecture by Arquitectonica and interiors by the renowned DesignAgency.
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Kastrati Group Acquires SLS Brickell Hotel For $55 Million In An Off-Market Cash Transaction
Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
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PROFILE Exclusive: 12 Questions With Restaurant and Entertainment Mogul Mathieu Massa of Queen
PROFILEMiami had the exclusive opportunity to sit down with hospitality mogul and real estate investor Mathieu Massa, who recently opened Queen, one of Miami’s hottest new restaurants in the historic Paris Theater on Miami Beach’s Washington Avenue. Mathieu leads Mr. Hospitality Group, which has opened hotspots such as Marion, El Tucán and Queen.
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Finvarb Group's Rudy Ricciotti-Designed Thompson Hotel South Beach Nearing Completion
Construction is nearing completion at Thompson Hotel South Beach which is being developed by Finvarb Group, led by Ronny Finvarb, and Chahine Investment Corp. Glass has been installed at the architectural masterpiece by world-renowned French architect Rudy Ricciotti, its iconic wave design is already making a statement in Miami Beach. The Thompson Hotel South Beach is set to transform the nexus of Washington Ave. and 17th St.
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GFO Investments Launches Sales at Gale Hotel & Residences In Downtown Miami
Gale Hotel & Residences Miami has launched sales of their fully approved short-term rental building in Downtown Miami with pricing starting in the mid $400K’s. The project located at 601 First Avenue in Downtown Miami is a flagship project developed by hospitality entrepreneur Keith Menin along with Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, by GFO Investments.
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Terranova Brings Ice Cream Hotspot Salt & Straw To Lincoln Road in Miami Beach
Terranova Corporation, a leading commercial real estate firm, and Chairman Stephen Bittel have brought the highly anticipated arrival of Salt & Straw, the beloved ice cream brand from Portland, Oregon, to Lincoln Road. Opening its doors on September 1st, Salt & Straw has signed a seven-year lease for a prime location at 749 Lincoln Road, occupying 1,525 square feet. This exciting addition marks Salt & Straw's third Miami location, following successful openings in Wynwood and Coconut Grove.
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Dolce&Gabbana and JDS Launch Fashion House's First Global Residences and Hotel at 888 Brickell Supertall Tower
Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel.
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Iconic New York Pizzeria Roberta's Set To Return To Miami With First Permanent Location At 72 Park
Lefferts, a real estate development firm specializing in high-quality residential and commercial properties in Miami and New York City, is thrilled to announce it has secured New York staple Roberta’s, a Michelin Bib Gourmand restaurant from co-founder Brandon Hoy and two-Michelin-starred chef and co-founder Carlo Mirarchi, as a tenant at its luxury Miami Beach condominium 72 Park.
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