Berkadia has arranged a $113 million loan to refinance Gateway at Wynwood, a 220,000-square-foot, Class A office and retail project designed by Kobi Karp in Miami’s Wynwood District. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan on behalf of New York-based R&B Realty, a family-owned real estate management, leasing and construction company.
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New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island
A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.
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The Elser Hotel & Residences Miami Closes On $80 Million In Sales In Less Than 60 Days
The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.
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Brightline Aventura Ribbon Cutting
Brightline Opens New Stations In Aventura and Boca Raton
Brightline, the only provider of modern, eco-friendly, intercity rail in America, along with its partners in Boca Raton, Aventura, celebrated the ribbon cutting of its Aventura and Boca Raton train stations. Congressman Carlos Gimenez and Mayors Daniella Levine Cava, Scott Singer and Howard Weinburg were joined by Brightline executives to officially launch the highly-anticipated new stations. The first day of service for Boca Raton and Aventura is December 21, 2022.
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Club Studio
Club Studio, Earls Kitchen + Bar, and Luli Fama To Join Dynamic Shopping and Dining Collection Coming to Miami Worldcenter
An enticing collection of shops and dining spots in Downtown Miami continues to take shape with three new national retail and restaurant tenants coming to Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with a new high-end fitness concept called Club Studio, popular dining spot Earls Kitchen + Bar, and luxury swimwear brand Luli Fama through Leap.
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Miami Worldcenter Delivers 80,000 SF 'Jewel Box' Retail Building In Downtown Miami
The developers of Miami Worldcenter have completed another 80,000 square feet of lifestyle-driven retail space. The stand-alone building, known as Block F-East, marks one of the final retail components of the 27-acre project to be delivered as active vertical development continues at the $4 billion mixed-use development in the heart of Downtown Miami.
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FIVE PARK UNVEILS PLANS FOR FIRST RESIDENTS-ONLY MEMBERS CLUB
Terra and GFO Investment’s Five Park, the newest luxury residential tower rising in Miami Beach, reveals plans for the first residents-only, fully serviced social club within a luxury condominium. The Canopy Club features a social amenity package rooted in cultural programming, wellness and elevated culinary offerings.
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Image via Epic Media
Ari Pearl's PPG Development Delivers The Kobi Karp-Designed Slate Hallandale Beach
Ari Pearl has delivered the Kobi Karp-designed Slate Hallandale Beach, a recently completed high-rise luxury rental property that offers an unparalleled elevated living experience in Hallandale Beach, Florida. The project was developed by PPG Development and owned in partnership with BH3 Management. The 26-story luxury rental community with 250 modern residences is located at 101 Diplomat Parkway, Hallandale Beach
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Sky-High Penthouse At PARAMOUNT Miami Worldcenter Rents For Record $36K /Mo., Going From Contract To Lease In 24 Hours
Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties.
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Step Inside A Sky-High Ultra-Luxe Penthouse At PARAMOUNT Miami Worldcenter For Rent Asking $40K Per Month
A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami WorldCenter has hit the market asking $40,000 per month. The show stopping unit features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. PH 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room.
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