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57 Ocean Condo Secures $58.5 Million Construction Loan from Bank OZK

57 Ocean Condo Secures $58.5 Million Construction Loan from Bank OZK

May 8, 2020

Miami Beach’s 57 Ocean, a luxury seaside condominium located on Millionaire’s Row and developed by Multiplan Real Estate Asset Management, has announced that it has obtained a $58.5 million construction loan from Bank OZK, arranged by JLL Capital Markets.

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In Miami Beach, Construction, Construction News, Construction Update, Finance & Banking, Luxury Real Estate, News, Residential, New Construction Tags Arquitectonica, 57 Ocean, Millionaires Row, Multiplan Real Estate Asset Management, MultiplanREAM, Bank OZK, JLL, Jose Isaac Peres, Fortune Development Sales, Marcelo Kingston, Manny de Zarraga, Jesse Wright, Bernardo Fort-Brescia, Patricia Anastassiadis, Anastassiadis Arquitetos, Edgardo Defortuna, Isabella Zimmermann, Banking, Finance & Banking, Construction News, Lending, Construction Loan, New Construction, Financing, Finance, News, Miami Beach, Construction, Construction Financing, Construction Update, Residential, Luxury Real Estate
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Gianluca Vacchi, Italian Millionaire Turned Instagram Sensation, Lists Sunset Harbour Penthouse In Miami Beach

Gianluca Vacchi, Italian Millionaire Turned Instagram Sensation, Lists Sunset Harbour Penthouse In Miami Beach

May 2, 2020

Instagram dance celebrity Gianluca Vacchi has listed his Sunset Harbour penthouse in Miami Beach. From a successful multimillion dollar packaging and machinery company to an Instagram sensation with over 14 million followers going by the title of being a “Pop Artist of a Global Lifestyle.”

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In Celebrity Real Estate, Featured Listing, Luxury Real Estate, Miami Beach, News, Residential, South Beach Tags Luxury Real Estate, Featured, Featured Listings, Featured Listing, News, Miami Beach, South Beach, Celebrity Homes, Celebrity Real Estate, 1800 Sunset Harbour, 1800 Sunset Harbour TS2, Douglas Elliman, Dina Goldentayer, IMA Group, Luxury Condo, Residential, Sunset Harbour
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Developers of The Ritz-Carlton Residences Sunny Isles Beach Pay Off $212 Million Construction Loan

Developers of The Ritz-Carlton Residences Sunny Isles Beach Pay Off $212 Million Construction Loan

April 30, 2020

Fortune International Group and Château Group, joint developers of The Ritz-Carlton Residences, Sunny Isles Beach, have paid off a $212 million construction loan on the newly opened condominium tower. The developers received the loan from Bank OZK in September 2016.

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In Construction, Construction News, Construction Update, Luxury Real Estate, New Construction, News, Finance & Banking, Residential, Sunny Isles Tags Chateau Group, Fortune International Group, Fortune Development Sales, Fortune International Realty, Edgardo Defortuna, Michele Bönan, Michele Bonan, Bernardo Fort-Brescia, Arquitectonica, News, Manuel Grosskopf, The Ritz-Carlton Residences, The Ritz-Carlton, The Ritz-Carlton Residences Sunny Isles Beach, Bank OZK, 15701 Collins Avenue, Sunny Isles, Sunny Isles Beach, Residential, New Construction, Luxury Real Estate, Luxury Condo, Lending, Construction Loan, Banking, Bank of the Ozarks, Financing, Finance, Finance & Banking, Construction News, Construction, Construction Update, Featured
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Check Out Kobi Karp's Newly Listed Waterfront Home On Allison Island Asking $7.999 Million

Check Out Kobi Karp's Newly Listed Waterfront Home On Allison Island Asking $7.999 Million

April 24, 2020

Kobi Karp and Nancy Karp, leaders of one of South Florida’s most prolific architecture firms, Kobi Karp Architecture & Interior Design, have listed their Allison Island home for $7,999,000 with Dina Goldentayer and Cyril Matz of Douglas Elliman.

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In Featured Listing, Luxury Homes, Luxury Real Estate, Miami Beach, News, Residential, Celebrity Real Estate Tags Luxury Real Estate, Luxury Homes, Featured, Featured Listings, Featured Listing, News, Miami Beach, Dina Goldentayer, Cyril Matz, Douglas Elliman, Residential, Kobi Karp, Nancy Karp, Kobi Karp Architecture & Interior Design, Celebrity Homes, Celebrity Real Estate, Allison Island, 6530 Allison Island
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Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage

Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage

April 20, 2020

The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has locked down a $49 million mortgage from Citibank at 60 Blossom Way in Palm Beach. The loan was arranged by Providencia Partners. Griffin originally purchased the 18,452 SF mansion, which was built in 2008 and sits on 3.6 acres, in September 2019 in cash from real estate investor Frank McCourt.

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In Luxury Homes, Luxury Real Estate, News, Finance & Banking, Residential, Palm Beach Tags Luxury Real Estate, Luxury Homes, Palm Beach, Palm Beach County, Ken Griffin, Residential, 60 Blossom Way, Frank McCourt, Providencia Partners, Citadel Securities, Citibank, News, Financing, Finance, Finance & Banking, Banking, Mortgage, Featured
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19 Palm Avenue, Miami Beach

19 Palm Avenue, Miami Beach

Douglas Elliman Releases Q1 2020 South Florida Market Reports

April 16, 2020

Douglas Elliman has just released their Q1 2020 Market Reports in South Florida. It reveals noticeably stronger results for listing inventory growth in the first two and a half months of the quarter until market awareness of COVID-19 occurred in mid-March, which slowed growth across South Florida in areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland.

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In Brokerage, Delray Beach, Downtown, Jupiter, Luxury Real Estate, Luxury Homes, News, Palm Beach, Residential, Wellington, Weston, Miami Beach, Miami Gardens, Market Report, Market Insight Tags Douglas Elliman, Featured, Market Report, Market Insight, News, Brokerage, Residential, Palm Beach, Wellington, Miami, Downtown, Boca Raton, Delray Beach, Jay Parker, Jay Phillip Parker, Douglas Elliman Q1 2020 Market Report South Florida, 9200 Rockybrook Way, Luxury Real Estate, Luxury Homes, Luxury Condo, Jupiter, Miami Gardens, Weston, Isabella Zimmermann
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Tour This Lavish Lantana Waterfront Estate On The Intracoastal Asking $15.95 Million

Tour This Lavish Lantana Waterfront Estate On The Intracoastal Asking $15.95 Million

April 14, 2020

A lavish Intracoastal waterfront estate in Lantana, FL, located in Palm Beach County, has hit the market for $15.95 million. Famed architect Roger Patton Janssen, from Dailey Janssen Architects, designed the astounding estate which is nestled on 1.5 acres between the Intracoastal Waterway and the Atlantic Ocean.

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In Featured Listing, Luxury Homes, Luxury Real Estate, News, Palm Beach, Palm Beach County, Residential, Lantana Tags Featured, Lantana, Estate, Featured Listing, Featured Listings, Features, News, Palm Beach, Palm Beach County, Luxury Real Estate, Chris Leavitt, Ashley McIntosh, Martin Conroy, Douglas Elliman, 319 N Atlantic Drive, 319 North Atlantic Drive, Roger Patton Janssen, Dailey Janssen Architects, Residential, Luxury Homes, Intracoastal
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Beauty & Fashion Entrepreneur Loren Ridinger Purchases Residence at Two Roads Development's Elysee in Edgewater

Beauty & Fashion Entrepreneur Loren Ridinger Purchases Residence at Two Roads Development's Elysee in Edgewater

April 13, 2020

Internet beauty and fashion mogul Loren Ridinger, co-founder and senior executive vice president of Market America and founder of the cosmetics brand Motives, has purchased a new condo at Elysee. The three-tiered, 57-story luxury building in Miami’s Edgewater district was designed by Arquitectonica’s Bernardo Fort-Brescia and boasts elegant interior spaces from Parisian designer Jean-Louis Deniot.

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In Design, Edgewater, Interiors, Amenities, Luxury Real Estate, New Construction, News, Residential, Celebrity Real Estate Tags edgewater, Edgewater, News, Design, Interiors, Amenities, New Construction, Featured, Two Roads Development, Arquitectonica, Jean-Louis Deniot, Elysee, Residential, Luxury Real Estate, Celebrity Real Estate, Loren Ridinger
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Zaha+Hadid's+One+Thousand+Museum+Reveals+First+Look+At+Uber-Luxe+Model+Residence+Designed+By+Artefacto.jpeg

David Beckham purchases $20 million condo at One Thousand Museum in Downtown Miami

April 2, 2020

Former soccer player David Beckham and his wife Victoria Beckham have just recently purchased a new condo at the Zaha Hadid-designed One Thousand Museum, a 62-story building complete with its own private rooftop helipad. This will be their new home in Miami. 

One Thousand Museum is located at 1000 Biscayne Boulevard in Downtown Miami and officially opened in August 2019. David Beckham’s publishing and licensing company, Beckham Brand Limited, closed on the 11,046 square-foot, full-floor penthouse - one of the ten in the building - this Tuesday for $20 million, or $1,810 per square foot, a price that is much higher than the $1,392 per square foot that another penthouse in the building recently closed.

Robert Hite, a real estate agent at ONE Sotheby’s International Realty, brokered the deal.

“Iconic design, sophisticated lifestyle, privacy, and security are among the key factors driving our clients to make One Thousand Museum their Miami base,” said the development team of One Thousand Museum. “We know Mr. Beckham and his team will be very happy here.”

The Beckhams and their four children will have access to the luxe lifestyle and exclusive amenities offered by One Thousand Museum, including an indoor lap pool, a Spa with relaxation pods and private treatment rooms, a private Beach Club, a house car service, a 1KM wellness center, and a Sky Lounge with curated seasonal menus.

“With the launch of Inter Miami CF, David and his team are spending significant amounts of time in Miami. One Thousand Museum is a very special building and we are excited to join the community there,” said a spokesperson for David Beckham.

By Isabella Zimmermann  

In Architecture, Brokerage, Celebrity Real Estate, Downtown, Luxury Homes, Luxury Real Estate, Multifamily, Professional Sports, Residential Tags David Beckham, Victoria Beckham, One Thousand Museum, 1000 Museum, 1000 Biscayne Boulevard, Robert Hite, ONE Sotheby's International Realty, Inter Miami FC
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Apparel Industry Icon Gerard Guez Purchases Unit at Arte by Antonio Citterio For $11,480,000

Apparel Industry Icon Gerard Guez Purchases Unit at Arte by Antonio Citterio For $11,480,000

March 25, 2020

An Israel- and New York-based luxury real estate development firm SC 8955 LLC, a subsidiary of Sapir Corp Ltd., announced that Gerard Guez and his wife Jacqueline Rose will purchase unit 601 on the 6th floor of the oceanfront boutique condominium, Arte by Antonio Citterio.

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In Bal Harbour/ Surfside, Celebrity Real Estate, Luxury Real Estate, News, New Construction, Residential, Sales Update, Surfside Tags Gerard Guez, Antonio Citterio, Arte by Antonio Citterio, Surfside, Bal Harbour/ Surfside, News, Sales Update, Featured, Luxury Condo, Luxury Real Estate, Alex Sapir, Giovanni Fasciano, Jacqueline Rose, Celebrity Real Estate, Celebrity Homes, Residential, New Construction, Kobi Karp
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