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Residences by Armani/Casa Pays Off $315 Million Construction Loan

Residences by Armani/Casa Pays Off $315 Million Construction Loan

January 31, 2020

Developers The Related Group and Dezer Development announced today the payoff of a $315 million construction loan to Wells Fargo for Residences by Armani/Casa. The 308-unit tower located on the sands of Sunny Isles Beach celebrates the legendary vision of interior design firm Armani/Casa, led by the famed Giorgio Armani; architecture firm Pelli Clarke Pelli, founded by the late César Pelli.

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In Construction, Construction News, Construction Update, Finance & Banking, Investment News, Invest, New Construction, News, Residential, Sunny Isles, Luxury Real Estate Tags Armani/Casa, Armani Casa, Sunny Isles Beach, Sunny Isles, The Related Group, Dezer Development, Gil Dezer, Jorge Perez, Giorgio Armani, Residences by Armani/Casa, The Residences by Armani Casa, Cesar Pelli, Enzo Enea, Luxury Real Estate, Construction Loan, Finance & Banking, Financing, Finance, News, Investment News, Invest, Construction Update, Construction, New Construction, Construction News, Jon Paul Perez, Pelli Clarke Pelli, Residential, Featured
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PROFILE Exclusive: First Look at Location Ventures New Renderings of Villa Valencia Entertainment Spaces

January 28, 2020

Villa Valencia developer Location Ventures, led by CEO Rishi Kapoor, has just released brand new renderings of the boutique project in a PROFILE exclusive. The images reveal the building’s entertainment spaces, designed to promote community and foster relationships, offering a neighborhood feel to condo living. New images include the luxe lounge & terrace, movie theatre and outdoor cucina with sweeping city views.

Recently, Villa Valencia completed $10 million in sales at record-breaking prices for the area. The project broke ground in June 2019 and will feature 39 ultra-luxury, estate-sized residences once completed. The building includes units that range from three-to five-bedrooms, spanning 2,616 to 4,267 square feet, and several penthouses. Each of the penthouses will have a private plunge pool, while every home will have deep terraces and at least one corner exposure, offering views of the city skyline and golf course.

The 13-story development is keen on presenting a refined, modern living experience that is centered on wellness. It is the first U.S. condominium to partner with Delos to offer its DARWIN Home Wellness intelligence network, which uses innovation to bring the best of natural outdoor conditions, inside. Kapoor says, "One of our core philosophies is wellness. And at Villa Valencia, we believe that the buyer sees health as the ultimate wealth, leading them to strive for a daily environment that is as healthy as their lifestyle. By providing wellness enhancing features such as air purification, circadian lighting, and water filtration through DARWIN by Delos in every residence, we are taking a stake in the expanding welltech industry to create real estate that is better for residents and fits with their day-to-day philosophies." 

In addition to the entertainment spaces, a complete amenities program will include a hammam, steam room, hydrotherapy plunge pools, his-and-her saunas, 78-foot resort-style pool with a lap lane and waterfall that is complemented by two summer kitchens and spacious sunbeds, tea room, lively entertainment room with billiards, as well as golf and driving simulators in addition to a state-of-the-art fitness center.

Villa Valencia residences start from $1.65 million.

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By Stephanie Warren

In Coral Gables, Eco Living, Interiors, Luxury Real Estate, New Construction, Residential, Smart Living Tags Villa Valencia, Location Ventures, Coral Gables, Delos, DARWIN Home Wellness Intelligence, Rishi Kapoor, welltech, Featured
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57 Ocean Reveals $35 Million Penthouse Designed By Sofia Joelsson Design

January 27, 2020

Multiplan Real Estate Asset Management, developer of 57 Ocean, the ultra-high-end, 18-story boutique condominium on Miami Beach’s Millionaire’s Row, has revealed the project’s new $35 million full-floor penthouse.

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In Featured Listing, Features, Luxury Real Estate, Miami Beach, News, New Construction, Residential Tags Sofia Joelsson Design, Sofia Joelsson, 57 Ocean, Miami Beach, Millionaires Row, MultiplanREAM, Multiplan Real Estate Asset Management, News, Featured, Featured Listing, Features, Featured Listings, Luxury Real Estate, Penthouse, Jose Isaac Peres, Marcelo Kingston, Fortune International Realty, Fortune Development Sales, New Construction, Residential
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Multiplan R.E.A.M. Launches Ocean Park South Beach In South of Fifth

Multiplan R.E.A.M. Launches Ocean Park South Beach In South of Fifth

January 9, 2020

Multiplan Real Estate Asset Management (MultiplanREAM) has announced plans to develop Ocean Park South Beach, an exclusive boutique condominium featuring a limited collection of 10 luxury beach residences in the prestigious South of Fifth (SoFi) enclave. Already, two homes are under contract in the 10-residence building.

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In Luxury Real Estate, Miami Beach, New Construction, News, Sales Update, Residential, South Beach, South of Fifth Tags Multiplan Real Estate Asset Management, MultiplanREAM, Eloy Carmenate, Mick Duchon, Howard M. Lorber, Douglas Elliman Development Marketing, Douglas Elliman, South of Fifth, South Pointe, Miami Beach, South Beach, News, New Construction, Marcelo Kingston, Luxury Real Estate, 135 Ocean Drive, Residential, Sales Update, Featured, Lifestyle Production Group, LPG
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220 NE 5th Avenue Step Inside A Tropical Modern Paradise in Boca Raton Asking $19.75 Million

Step Inside A Tropical Modern Paradise in Boca Raton Asking $19.75 Million

January 6, 2020

A tropical modern waterfront residence in Boca Raton has hit the market asking $19.75 million. The new construction, modern museum-like residence offers 5 bedrooms with 6.5 bathrooms and is designed by local architect, Stuart Brenner.

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In Boca Raton, Featured Listing, Luxury Homes, Luxury Real Estate, Palm Beach County, Residential Tags Luxury Real Estate, Luxury Homes, Boca Raton, Palm Beach County, Featured, Features, Featured Listing, Stuart Brenner, John Poletto, Mark Nestler, ONE Sotheby's International Realty, 220 NE 5th Avenue, 220 NE 5th Avenue Boca Raton, Residential, LUX Hunters
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The Max Strang-Designed Fairchild Coconut Grove Hits 80% Sold Out With Over $60 Million In Sales

The Max Strang-Designed Fairchild Coconut Grove Hits 80% Sold Out With Over $60 Million In Sales

December 28, 2019

ROVR Development has announced that the Fairchild Coconut Grove is now 80% sold with over $60 million in sales. Just 5 units remain of the 26 waterfront residences which range is size from 2-4 bedrooms and 2,600 SF to over 4,114 SF.

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In Coconut Grove, Construction, Construction News, Construction Update, Luxury Real Estate, New Construction, News, Residential, Sales Update Tags ROVR Development, The Fairchild, The Fairchild Coconut Grove, News, Sales Update, Coconut Grove, Max Strang, Rafael de Cardenas, Construction Update, Construction, Construction News, Featured, New Construction, Residential, Luxury Real Estate
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Jade Signature 4801 East Terrace Facing North Check Out This Oceanfront Condo At The Herzog & De Meuron-Designed Jade Signature Which Just Closed For $6.6 Million

Check Out This Oceanfront Condo At The Herzog & De Meuron-Designed Jade Signature Which Just Closed For $6.6 Million

December 27, 2019

Fortune International Group has announced the $6.6 million sale of a turnkey residence in the developer’s award-winning Jade Signature condominium tower in Sunny Isles Beach. The transaction of the contemporary retreat, No. 4801, which was furnished by revered interior designer Luxury Living Group, is the latest in a string of recent sales at the property.

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In Closed, Luxury Real Estate, News, Residential, Sales Update, Sunny Isles Tags Jade Signature, Sunny Isles, Sunny Isles Beach, Herzog & de Mueron, Edgardo Defortuna, Fortune International Group, Luxury Real Estate, News, Sales Update, Raymond Jungles, Pierre-Yves Rochon, Elizabeth Garcia, Michael Martirena, Residential, Luxury Living Group, Closed, Featured, 16901 Collins Ave
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Check Out This Recently Listed Uber-Lux Home Designed By CLF Architects Asking $18.9 Million

Check Out This Recently Listed Uber-Lux Home Designed By CLF Architects Asking $18.9 Million

December 23, 2019

Allison Island is home to some of the nicest waterfront estates in Miami Beach, nestled equidistant between Bal Harbour and Sunset Harbor. The new construction elegant estate sits on half an acre of primely positioned Miami Beach property on a gated island home to just 49 waterfront houses.

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In Featured Listing, Features, Luxury Homes, Luxury Real Estate, Miami Beach, News, New Construction, Residential Tags Allison Island, CLF Architects, 6585 Allison Island, Luxury Homes, Luxury Real Estate, News, Featured, Featured Listings, Features, Featured Listing, Douglas Elliman, Alfredo Borges, Dina Goldentayer, Cyril Matz, Artistry on Allison Island, Miami Beach, Residential, New Construction, Choeff Levy Fischman
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Dezer Development & Related Group Complete Residences by Armani/ Casa In Sunny Isles Beach

Dezer Development & Related Group Complete Residences by Armani/ Casa In Sunny Isles Beach

December 21, 2019

Dezer Properties and Related Group have completed the 56-story Residences by Armani/ Casa in Sunny Isles Beach and closings are now underway. The Residences by Armani/ Casa offers 308 luxury condo units with total sales valued at over $1 billion.

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In Construction News, Construction Update, Construction, Luxury Real Estate, New Construction, News, Residential, Sunny Isles Tags Dezer Development, Gil Dezer, Related Group, Related, News, Construction News, Construction, construction, Construction Update, New Construction, Residences by Armani/Casa, Cesar Pelli, Giorgio Armani, Sunny Isles, Sunny Isles Beach, Residential, Luxury Real Estate
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Penthouse At Multiplan Real Asset Management's 57 Ocean Sells For $10.9 Million To Buyer From New York

Penthouse At Multiplan Real Estate Asset Management's 57 Ocean Sells For $10.9 Million To Buyer From New York

December 13, 2019

Marcelo Kingston, Managing Partner of Multiplan Real Asset Management, developer of 57 Ocean, has announced the sale of Penthouse 2 at the Arquitectonica-designed boutique oceanfront condominium nestled along Miami’s original Millionaire’s Row.

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In Luxury Real Estate, Miami Beach, New Construction, News, Residential, Sales Update Tags Marcelo Kingston, Multiplan Real Estate Asset Management, 57 Ocean, Arquitectonica, Douglas Elliman, Dina Goldentayer, Ilya Pachernikov, Jose Isaac Peres, Chuck Roberts, Stifel, Miami Beach, Patricia Anastassiadis, Millionaires Row, New Construction, Sales Update, Luxury Real Estate, News, Residential, Featured
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