Craig Robins - Photo Credit - Nick Garcia
Following a lost year due to the COVID-19 pandemic, Miami Art Week and Art Basel return to Miami to light-up the city and kick off the 2021 holiday season. Starting November 30th and running through the first week of December, Miami Art Week attracts millions of visitors from across the globe to Miami.
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Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, has acquired the Conrad Miami hotel in Brickell for $75.33 million. The seller was AG-M Miami Hotel Owner LLC, a JV partnership between the Miami-based Mast Capital and the New York-based Angelo Gordon.
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After the fastest sell-out of a luxury condo building in Downtown Miami, E11EVEN Partners and PMG have announced they are launching their second phase, E11EVEN Residences Beyond and simultaneously broke ground on E11EVEN Hotel & Residences.
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Deco Capital Group has broken ground on Eighteen Sunset, the newest mixed-use development coming to Miami Beach’s Sunset Harbour neighborhood. The five-story, mixed-use building will feature street-level retail and restaurant space, two floors of Class A+ offices, and an exclusive top-floor home in the sky with a private rooftop deck.
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On the heels of the U.S. border reopening to international travelers yesterday and preparing for the influx of overseas buyers anticipated to return to Miami, Okan Group announced that it has relaunched sales for Okan Tower, a 70-story mixed-use tower located at the epicenter of Miami’s urban core.
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Art Murphy, Massimo Valenti, Joshua Fuller, Valerio Morabito, Ugo Colombo, Christine Martinez de Castro, Edgardo Defortuna, Riccardo Zuliani & Anna Caruso
Veteran Miami developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties have broken ground on Onda, a new boutique luxury condominium in Miami’s exclusive Bay Harbor Islands neighborhood which is designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica.
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Finvarb Group, led by Ronny Finvarb, has acquired The Landon Bay Harbor Hotel for $10 million, roughly $219,000 per key. The seller was BHI Hotel who acquired the property in 2007 for $3.9 million. The property was listed with David Cohen and Arthur Porosoff with Compass as well as David Greenberg with Marcus & Millichap.
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Related Group has launched Casa Bella by B&B Italia at 1400 Biscayne Blvd in Downtown Miami’s Arts & Entertainment District. Casa Bella by B&B Italia will feature 306 units and rise 57 stories. The tower is designed by Arquitectonica and features interiors by Piero Lissoni’s Lissoni & Partners.
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Demetri Demascus, Kobi Karp, Ronny Finvarb, Katya Demina & Gil Dezer
On Wednesday, November 3, PROFILEmiami and Finvarb Group hosted PROFILEconnect: Rooftop Cocktails & Bespoke Networking at Kimpton Palomar South Beach. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate leaders for an evening soirée of bespoke networking with poolside cocktails by E11EVEN Vodka and hors d’oeuvres by Osteria Morini.
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Windward at the Villages
The Pennsylvania-based Morgan Properties has acquired three apartment communities in West Palm Beach totaling 622 units. Berkadia International Solutions’ Berkadia Miami completed the $132.5 million sale on behalf of the seller, Massachusetts-based Northland Investment Corporation.
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