The Delray Beach-based New Urban Communities, led by Kevin Rickard and Tim Hernandez, has sold Azul Apartments in Stuart for $15.5 million to the San Diego-based public REIT DiversyFund Growth REIT. The price breaks down to roughly $316,000 per unit.
Read MoreOsteria Morini Miami Beach Opens In Finvarb Group's Recently Opened Kimpton Palomar South Beach
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.
Read MoreTerra And New Valley Break Ground On Natura Gardens Multifamily Development In Northwest Miami-Dade
Terra and New Valley have broken ground on Natura Gardens, a 27-acre multifamily development encompassing 460 garden-style rental apartments. The news comes approximately one year after the partnership finalized the purchase of a 72-acre development site in northwest Miami-Dade.
Read MoreLA CLARA Locks Down $110 Million In Construction Financing In West Palm Beach
Great Gulf and Terrace Mountain Investors have obtained $110 million in construction financing from Bank OZK for LA CLARA, a 25-story, 83 unit condo tower under construction in West Palm Beach. Sales have reportedly eclipsed 50% and over $100 million including an $8.9 million penthouse.
Read MoreMonaco Yacht Club & Residences Drops Anchor To Celebrate Topping Off On Miami Beach
Monaco Yacht Club & Residences has topped off at 12-stories on Miami Beach after breaking ground February 2020. The milestone was celebrated by developer Optimum Asset Management USA, the exclusive sales broker Fortune Development Sales, and the general contractor Moss Construction. The project is slated for delivery at the end of 2021.
Read MorePlans for Waves Dania Beach Mixed-Use Project Approved by City Commission
Waves Dania Beach, two tower mixed-use project, has announced that its site plans were passed by the Dania Beach City Commission on Tuesday, January 12, 2020. The approval paves the way for the developer to move forward with planning the two tower development located at 90 N Bryan Road along the waterway.
Read MoreTour GameStop Short Seller Gabriel Plotkin of Melvin Capital’s $44 Million North Bay Road Mega-Mansion
Miami Beach’s newest, ultra-luxurious mega-mansion has been unveiled by EWM Realty International top-producer and Senior Vice President Nelson Gonzalez. The newly-completed modern masterpiece has been designed to offer the ultimate in waterfront living and year-round entertainment.
Read MoreThe Piero Lissoni Villa Collection At The Ritz-Carlton Residences Breaks Ground And Launches Sales
The Piero Lissoni Villa Collection at The Ritz-Carlton Residences in Miami Beach has just broken ground and launched sales. The world-famous Italian architect has teamed up with 4701 North Meridian LLC who will develop the residences and GFI Development company will be the development manager. The Residences will be ultra-luxurious single-family waterfront homes with dockage.
Read MoreA Penthouse Unit At One Thousand Museum By Zaha Hadid Architects Sells For $16 Million
Unit 5001 at One Thousand Museum by Zaha Hadid Architects has sold for $16 million, roughly $1,739 per square foot. The full floor residence spans 9,200 square feet with 5 bedrooms and 6.5 bathrooms. The unit features 12’ ceilings, 360 degree views, a media room and 100’ terrace overlooking Biscayne Bay.
Read MoreIvanka Trump And Jared Kushner Rent Condo In Arte by Antonio Citterio In Surfside
President Donald Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, have reportedly signed a lease at ARTE by Antonio Citterio in Surfside, developed by Alex Sapir and Giovanni Fasciano. The news comes as President Trump leaves the White House for his nearby Mar-A-Lago estate in Palm Beach.
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