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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach

The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach

March 25, 2021

The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold.

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In Commercial, Development, Development News, Miami Beach, Multifamily, News, News & Features, Residential, South Beach, Finance & Banking Tags Five Park, South Beach, Development, News, News & Features, Miami Beach, Terra Group, Terra, David Martin, Galbut Family Office, New Valley, Development News, Residential, Commercial, Multifamily, Canopy Park, Arquitectonica, Gabellini Sheppard Associates, March 2021, Lending, Construction Loan, Banking, Finance & Banking, Apollo, Blackstone Group, Blackstone Real Estate Debt Strategies, Blackstone
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Shoma Group Sells 10 Units At Luxury Boutique Condo Ten30 South Beach

Shoma Group Sells 10 Units At Luxury Boutique Condo Ten30 South Beach In 15 Days

March 19, 2021

Ten30 South Beach, a curated collection of 43 one-, two-, and three-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods, is quickly selling out its inventory as demand for Miami luxury real estate heightens.

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In Development, Development News, Development Sales, Miami Beach, New Construction, News, News & Features, Residential, Sales Update, South Beach Tags Shoma Group, News & Features, News, Sales Update, Miami Beach, South Beach, Development Sales, Fortune Development Sales, Development, Development News, Edgardo Defortuna, Residential, Masoud Shojaee, Stephanie Shojaee, New Construction, March 2021
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$65 Million Star Island Mansion Originally Built By Carl Fisher Heads To Auction January 31

PROFILE Exclusive: The Legendary 46 Star Island Originally Built By Carl Fisher Finally Sells For $39 Million

March 18, 2021

Beach Carl Fisher, has finally sold for $39 million. The property was listed by Dora Puig and Alexa Iacovelli of Luxe Living Realty and Jill Hertzberg of The Jills Zeder Group at Coldwell Banker brought they buyer.

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In Luxury Homes, Miami Beach, News, South Beach, Closed, Luxury Real Estate, News & Features, Residential, Traded Tags 46 Star Island, Carl Fisher, Star Island, Luxury Real Estate, Miami Beach, South Beach, News, Featured, Marc Iacovelli, Alexa Iacovelli, Residential, March 2021, Luxury Homes, News & Features, Luxe Living Realty, Dora Puig, Jill Hertzberg, Jills Zeder Group, Jills Zeder Group at Coldwell Banker, The Jills, Closed, Traded
Tour This $21 Million Miami Beach Estate Designed By Roman Architect Achille Salvagni

Tour This $21 Million Miami Beach Estate Designed By Roman Architect Achille Salvagni

March 15, 2021

As Miami Beach’s residential real estate market continues to bring the heat, 810 Lakeview Drive has hit the market for $21,000,000. The stunning new construction estate was designed by world renowned Roman designer Achille Salvagni and is listed with Oren Alexander of Douglas Elliman.

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In Featured Listing, Luxury Homes, Luxury Real Estate, Miami Beach, New Construction, News, News & Features, Residential Tags Miami Beach, Achille Salvagni, Luxury Homes, Luxury Real Estate, March 2021, News, News & Features, Featured Listings, Featured Listing, Residential, Douglas Elliman, The Alexander Team, Oren Alexander, New Construction
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57 Ocean Reports Over $90 Million In Sales Over Past 3 Months, Now 80% Sold

57 Ocean Reports Over $90 Million In Sales Over Past 3 Months, Now 80% Sold

March 10, 2021

57 Ocean condominium on Miami Beach’s iconic Millionaire’s Row has announced that it has achieved an unprecedented $90 million sold in 3 months in the midst of the global pandemic. The ultra-luxury oceanfront condo tower is now over 80% sold as construction is expected to be completed Fall 2021.

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In Luxury Real Estate, News, New Construction, Miami Beach, Residential, Sales Update, Design, Interiors, Development News, Development, Development Sales, News & Features Tags 57 Ocean, 5775 Collins Avenue, Jose Isaac Peres, Multiplan Real Estate Asset Management, News, New Construction, Miami Beach, Fortune Development Sales, Fortune International Realty, Arquitectonica, Patricia Anastassiadis, Anastassiadis Arquitetos, Luxury Real Estate, Residential, Design, Design Update, Interiors, Featured, Development, Development News, Development Sales, Sales Update, March 2021, Marcelo Kingston, News & Features
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Multiplan R.E.A.M. Breaks Ground On Luxe Boutique Condo Ocean Park South Beach In South of Fifth

March 8, 2021

On February 25, Florida-based Multiplan Real Estate Asset Management, broke ground on Ocean Park South Beach, an exclusive boutique condominium featuring a limited collection of 10 luxury beach residences in the prestigious South of Fifth enclave. MultiplanREAM executives in attendance included, Managing Partner, Marcelo Kingston

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In Luxury Real Estate, Miami Beach, New Construction, News, Sales Update, Residential, South Beach, South of Fifth, Development, Development News, Development Sales, Construction, Construction News, Construction Update 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, Groundbreaking, Development News, Development, Development Sales, Construction News, Construction, Construction Update, March 2021
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Pura Vida And The Salty Coming To Miami Beach's Iconic Lincoln Road Despite Pandemic

Pura Vida, Harry's Pizza And The Salty Coming To Miami Beach's Iconic Lincoln Road Despite Pandemic

March 1, 2021

As the retail industry worldwide continues to struggle amid the pandemic, Lincoln Road is once again demonstrating its resiliency. By putting all of its efforts towards ushering in a health and economic recovery at the onset of COVID-19, including creating unique and socially distant programming and aligning with brands that enjoy a local cult-like following.

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In Commercial, Leasing, Leasing Update, Miami Beach, News, News & Features, Retail, Restaurants, South Beach, Lifestyle Tags Miami Beach, Lincoln Road, South Beach, News & Features, News, Commercial, Leasing Update, Leasing, Tim Schmand, Lincoln Road BID, Retail, Restaurants, March 2021, Lifestyle
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Record Breaking $15.06 Million Condo Sale Closes At Ocean House In South Of Fifth

Record Breaking $15.06 Million Condo Sale Closes At Ocean House In South Of Fifth

February 24, 2021

A record breaking $15.06 million sale has closed at Ocean House in South Beach’s South of Fifth neighborhood. The all cash transaction was completed virtually with an additional two backup cash offers in place.

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In Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, South Beach, Residential Tags Ocean House, South of Fifth, Paola Marulanda, Laura Roxanna Garcia, ONE Sotheby's International Realty, Chad Carroll, Compass, Luxury Real Estate, Traded, Closed, News, News & Features, February 2021, Residential, Luxury Homes, Miami Beach, South Beach
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Osteria Morini Miami Beach Opens In Finvarb Group's Recently Opened Kimpton Palomar South Beach

Osteria Morini Miami Beach Opens In Finvarb Group's Recently Opened Kimpton Palomar South Beach

February 10, 2021

Award-winning New York-based Altamarea Group, the global hospitality company behind Michelin star-rated Marea and Ai Fiori, as well as Osteria Morini and Nicoletta brands, has officially opened Osteria Morini Miami Beach. The restaurant is located within the Kimpton Palomar South Beach, with a separate, waterside entrance along the Collins Canal on Alton Road.

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In Commercial, Hospitality, Hotels, News, News & Features, New Construction, Miami Beach, Restaurants, South Beach, Lifestyle Tags Osteria Morini Miami Beach, Restaurants, News, News & Features, February 2021, Hotels, Hotel, Hotel Palomar, Miami Beach, South Beach, Ronny Finvarb, Finvarb Group, Bill Borrler, Altamarea Group, Kimpton Hotels, Kimpton Palomar South Beach, Commercial, Ahmass Fakahany, Hospitality, New Construction, Lifestyle
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RFR Holding And Tricap Partnership Acquire 12 Units At W South Beach For $10.78 Million

February 4, 2021

A partnership between Aby Rosen and Michael Fuchs’ RFR Holding and David Edelstein’s Tricap, who also co-developed W South Beach, have closed on the purchase of 12 units at the iconic beachfront condo-hotel for $10.78 million.

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In Acquisitions, Closed, Commercial, Hotels, Hospitality, Invest, Investment News, News, News & Features, Miami Beach, Private Equity, South Beach, Traded Tags RFR Realty, RFR Holding, Tricap, David Edelstein, Aby Rosen, Michael Fuchs, News, News & Features, Investment News, Invest, Ralph Nakash, Joseph Nakash, W South Beach, 2201 Collins Ave., Hotels, Hotel, Hotel Condo, Citibank, Deutsche Bank, Jordache Enterprises, February 2021, Acquisitions, Closed, Traded, Private Equity, Miami Beach, South Beach, Commercial, Hospitality
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