The New York-based JDS Development Group has begun closings at the Jean Nouvel-designed Monad Terrace in South Beach. Located at 1300 Monad Terrace, the project first launched sales in 2017 and topped off in February 2019.
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The Oasis Wynwood Is Gearing Up To Open In A Few Weeks With Six New Restaurants
The Oasis in Wynwood is gearing up to open in the next few weeks with six restaurants and a 75’ tall “Tower Bar” made out of shipping containers featuring a mural by Antonio Marest. The restaurants include Mr. Mandolin, Prince Street Pizza, Los Buenos, Alidoro, Buya Dumplings + Buns, and Chikin.
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ROVR Development Launches Pre-Leasing At Grand Station Apartments In Downtown Miami
ROVR Development has launched pre-leasing for Grand Station Apartments, a 30-story apartment tower with 300 residences in Downtown Miami. The first tenants are expected to begin to move-in this summer. The $70 million development is a transformative public-private partnership with the Miami Parking Authority (MPA).
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RedSky Capital And JZ Capital Partners Sell Wynwood Block For $24 Million
A partnership between RedSky Capital and JZ Capital Partners has sold the retail building known as Wynwood Block for $24 million to Wynwood Block Realty LLC. The sale reflects a $2 million loss from the $26 million, $1,050 per square foot, the partnership paid for the property in 2015.
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Step Inside 'La Salona," A Roaring Twenties Palm Beach Oceanfront Mansion Which Just Sold For $48.5 Million
An iconic Palm Beach mansion originally built in 1926 on the famed South Ocean Boulevard just sold for $48.5 million. Named ‘La Salona,” the roaring twenties era compound was built by renowned Palm Beach architect Marion Sims Wyeth, who also designed Mar-a-Lago
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Forest Development Launches Sales At RDA Architects-Designed Nautilus 220 In Lake Park
Forest Development has launched sales at Nautilus 220 in Lake Park in North Palm Beach County. The waterfront project is alongside Lake Park Harbour Marina with 100 slips for boats up to 100', as well as easy inlet access for a variety of water sport recreation.
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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach
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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PROFILE Exclusive Podcast Season 1 Episode 1 Featuring Masoud And Stephanie Shojaee of Shoma Group
Season 1 Episode 1 of the PROFILE Exclusive Podcast by PROFILEmiami featuring Masoud and Stephanie Shojaee of Shoma Group is now LIVE on Spotify and Buzzsprout. Shoma Group is a real estate development and investment company with over 30 years of history and over $5 billion in completed real estate transactions.
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E11EVEN Hotel & Residences One Of Fastest Selling Projects Ever In Miami, Now Over 70% Sold In 3 Months
E11EVEN Hotel & Residences in Downtown Miami’s Park West neighborhood has become one of the fastest selling projects ever in Miami as the hotel-condo tower has surpassed 70% sold since launching sales in January.
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Blackstone Acquires MiamiCentral Office Buildings For $230 Million To Build Downtown Miami Technology Hub
The New York City-based global investment firm Blackstone has acquired the 2 and 3 MiamiCentral office buildings from Shorenstein Properties for $230 million. The office complex, which was developed in 2017 and 2018, spans 317,939 square feet.
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