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Meridiam Becomes Lead Investment Partner in Miami Beach Monorail Consortium’s Beach Corridor Plan 

May 13, 2020

The Miami Beach Monorail Consortium has announced that the global infrastructure investment firm Meridiam has become the lead investment partner for the Consortium’s proposed mass transit monorail that would connect Downtown Miami and Miami Beach.

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In Invest, Investment News, Miami Beach, News, South Beach, Transportation, Travel, PortMiami, Downtown Tags Public Transportation, Transportation, Miami Beach, South Beach, Strategic Miami Area Rapid Transit Beach Corridor Plan, SMART, News, Miami Beach Monorail Consortium, Port of Miami Tunnel, Christopher Hodgkins, Genting Group, Aqualand Development, Jamie Rubin, Meridiam Infrastructure North America Corp., United Nations Sustainable Development Investment Partnership, Macarthur Causeway, Investment News, Invest, Travel, Isabella Zimmermann, Downtown, Downtown Miami
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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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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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Fontainebleau Miami Beach's $975 CMBS Loan Entered Special Servicing March 30

Fontainebleau Miami Beach's $975 Million CMBS Loan Entered Special Servicing March 30

April 22, 2020

The $975 million commercial mortgage-backed security loan (CMBS) issued in November 2019 for the 846-room Fontainebleau Miami Beach, located at 4441 Collins Ave., entered special servicing on March 30. When issued the loan was the largest CMBS hotel loan in South Florida.

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In Commercial, Hotels, Invest, Investment News, Finance & Banking, Miami Beach, News, South Beach Tags Fontainbleau, Fontainbleau Development, Fontainebleau, Fontainebleau Miami Beach, Fontainebleau Development, CMBS, Mortgage, Banking, Financing, Finance, Finance & Banking, Special Servicing, Hotels, Hotel, Commercial, News, Investment News, Invest, Jeff Soffer, Jeffrey Soffer, Turnberry Associates, 4441 Collins Ave., Miami Beach, South Beach, 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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Shoma Group Closes On $17.6 Million Construction Loan For Ten30 South Beach

Shoma Group Closes On $17.6 Million Construction Loan For Ten30 South Beach

March 27, 2020

South Florida developer Shoma Group has announced that they have closed on a $17.6 million construction loan for Ten30 South Beach. The loan was provided by New York-based ACRES Capital Corp.

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In Construction News, Construction Update, Construction, Finance & Banking, Miami Beach, New Construction, News, Residential, South Beach Tags Shoma Group, News, Construction News, Construction Loan, Construction Update, Ten30, Ten30 Condo, Ten30 South Beach, Masoud Shojaee, Financing, Finance, Finance & Banking, Banking, Lending, ACRES Capital, Cooper Horowitz, Michael Horowitz, Mark Fogel, South Beach, Miami Beach, New Construction, Residential
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Beaches in Miami-Dade County have been closed.

Beaches in Miami-Dade County have been closed.

Tracking COVID-19 By The Numbers: Breaking News In South Florida

March 27, 2020

(Last Updated 6:14 AM 3/27/2020):

BREAKING: 

  • City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)

  • Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)

  • All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)

Continue to check back for updates to below as we continue to track COVID-19 across South Florida:  

Stats:

  • Number of Cases in Florida: 830+ (3/23/2020)

  • Fatalities in Florida: 13+ (3/23/2020)

  • Number of Global Cases: 351,000+ (3/23/2020)

  • Global Fatalities: 15,321+ (3/23/2020)

  • Number of U.S. Cases: 35,075+ (3/23/2020)

  • Fatalities in the U.S.: 458+ (3/23/2020)

Miami-Dade County:

  • Miami-Dade County # Cases: 2900+ (3/27/2020)

  • BREAKING: Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)

  • CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)

  • Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)

    • All bars and nightclubs will be closed for 30 days.

    • Restaurants will only be able to operate at half capacity.

    • Exceptions granted if they have a capacity of 10 people or less.

    • Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.

  • Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)

    • Miami-Dade Public Schools have closed this week and next. (3/16/2020)

  • Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)

  • Officials have closed the beach from 5th to 15th Street, including Lummus Park.

  • All city parking garages are closed to non-residents.

  • In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)

    • Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.

  • An entertainment district curfew will go into effect at 11 p.m.

  • All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.

  • Ultra Music Festival has been cancelled.

  • Miami Music Week has been cancelled.

  • ArtScape Concert has been cancelled.

  • The Miami Open Tennis Tournament has been cancelled. 

  • University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)

  • University of Miami Spring Commencement postponed until December. (3/20/2020)

  • The Hardrock Seminole Hotel & Casino has suspended entertainment operations. 

  • Calle Ocho Festival has been cancelled.

  • Mayor Francis Suarez has confirmed that he has COVID-19.

Broward County:

  • Broward County # Cases: 180+ (3/23/2020)

  • Broward County Public Schools are now closed through at least April 15. (3/19/2020)

  • Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.

  • Restaurants and bars must close by 10 p.m.

  • Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.

  • The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.

  • The Wharf Fort Lauderdale is closed until further notice.

  • The listed measures will remain in effect until April 12.

Palm Beach County:

  • Palm Beach County # Cases: 59+ (3/23/2020)

  • Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)

  • Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)

  • Beaches will be closed on Tuesday 3/17/2020

  • Nursing Homes and Assisted Living Facilities are closed to visitors.

  • Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)

National:

  • BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.

  • United States of America # Cases: 35,075+ (3/23/2020)

  • United States of America Fatalities: 458+ (3/23/2020)

  • Income tax filing deadline moved to July 15 (3/20/2020)

  • Foreclosures and HUD evictions have been halted for 60 days.

  • CDC recommends ban on gatherings of 10+ people. 

  • The Players Championship was cancelled & PGA Tour is suspended.

  • NBA, NHL, MLB and MLS have suspended their seasons. 

  • All ski resorts have closed.

In Affordable Housing, Brickell, Closed, Commercial, Community, Construction, Construction News, Downtown, Education, Fort Lauderdale, Hospitality, Hotels, Key Biscayne, Market Report, Miami Beach, Miami-Dade County, Multifamily, N Miami Beach/ Aventura, New Construction, News, North Miami, Palm Beach, Palm Beach County, PortMiami, Public Health, PSA, Restaurants, Retail, Senior Living, South Beach, Travel Tags COVID-19, COVID19, Coronavirus, Mayor Carlos Jimenez, Mayor Francis Suarez, Featured
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Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19

Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19

March 21, 2020

Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. The announcement comes as Miami’s next step in curbing the spread of COVID-19 which has now surpassed 560 cases in Florida and over 123 in Miami-Dade.

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In Hotels, Hospitality, Miami Beach, Miami-Dade County, News, Public Health, South Beach, Brickell, Downtown, Doral, Sunny Isles, Coral Gables Tags Miami Beach, South Beach, News, COVID-19, COVID19, COVID, Coronavirus, Public Health, Mayor Dan Gelber, Miami, Miami-Dade County, Jimmy Morales, Carlos Gimenez, Coral Gables, Downtown, Downtown Miami, Sunny Isles, Sunny Isles Beach, Brickell, Featured
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Miami & South Florida COVID-19 Update (3/16/2020)

South Florida COVID-19 Update (Last Updated: 3/23/2020)

March 20, 2020

Unfortunately there is just no avoiding it, COVID-19, also known as the Coronavirus is here in Miami and spreading. The Cities of Miami Beach and Fort Lauderdale addressed the public regarding new measures taken due large spring break crowds and ongoing concerns over COVID-19 outbreak.

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In Broward, News, Miami Beach, Palm Beach County, Palm Beach, Miami-Dade County, Public Health, PSA Tags Miami-Dade County, Broward, Palm Beach County, Palm Beach, Fort Lauderdale, Miami Beach, Brickell, Downtown, News, Dan Gelber, Dean Trantails, Ron DeSantis, Demetri Demascus, Coronavirus, COVID-19, COVID19, COVID, Featured, Public Health, Public Service Announcement, PSA
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