SCAROFA Properties, a third-generation family business, has begun construction on Pine Park Villas, a luxury townhome enclave in the Village of Pinecrest featuring a limited collection of 18 residences. The private community is the unique vision of Stephane Rosarion, principal of Miami-based SCAROFA Properties, which is developing the $32 million project.
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Master Brokers Forum Listing: Check Out This South Beach Corner Unit In South Pointe Tower Asking $2.75 Million
Master Brokers Forum member Alexandra Peters presents this exceptional corner unit at South Pointe Towers, in the exclusive South of Fifth neighborhood. Watch the cruise ships as they glide through Government Cut from every room in this completely gut-renovated 04-line with wrap-around terrace and +/- 2,000 square feet, representing the largest layout in the building.
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Thomas P. Murphy Jr. accepting ULI award accompanied by Mike Murphy, Tom C. Murphy, Sean Murphy, John Murphy, Patrick Erin Murphy, Blake Murphy, John Murphy Jr., Ken Fabel, and Jason Anderson
Thomas P. Murphy, Jr. and the Murphy Family Receive Prestigious ULI Lifetime Achievement Award
In recognition for their decades of work building transformative, large-scale projects that have helped reshape the South Florida skyline, The Urban Land Institute Southeast Florida/Caribbean is presenting Thomas P. Murphy, Jr. and the Murphy Family with the prestigious 2022 Lifetime Achievement Award. The Lifetime Achievement Award honors the top leaders and visionaries whose lifetime of work has significantly shaped communities and changed the industry.
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The Allen Morris Company, Xenel International and Principal Real Estate Investors Close On $57.2 Million Construction Loan For Osceola County Multifamily Development
The Allen Morris Company, Xenel International U.S.A. and Principal Real Estate Investors have closed on a $57.2 million construction loan for The Maxwell at Xentury City, a 311-unit multifamily development located in Osceola County. The loan is being provided by Regions Bank. The Maxwell at Xentury City broke ground in September and has a completion date set for the second quarter of 2024.
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Miami Condo Developer Changing The Game
Miami is a mecca for global consumers seeking year-round sunshine, nightlife, and culture, framed by endless sophistication. From stunning scenery and pristine beaches, the Magic City is a feast for the senses. While developers and hospitality visionaries are playing a prominent role making Miami the most photogenic and desirable city to live, work and play, an evolutionary approach to condo ownership is changing the real estate game, led by Harvey Hernandez, founder and CEO of Miami’s Newgard Development Group.
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Penthouse At The Herzog & de Meuron-Designed Jade Signature Sells For $15 Million In Sunny Isles Beach
A penthouse at the iconic Herzog & de Meuron-designed Jade Signature in Sunny Isles Beach has sold for $15 million. The Carroll Group represented both sides of the transaction for PH5503 with Chad Carroll and Matthew Dugow on the seller's side and Sheerelle Toledano on the buyer's side. Per public record, the buyer is EIN OD MELVADO TRUSTEE SI 55 LLC, while the seller is GABIUS MIAMI PROPERTIES LLC.
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Patek Philippe Nautilus-Ref 5711-1A - Image via Swisswatches Magazine
Is The Watch Market in a Bubble? Will it Burst Anytime Soon?
Something in the watch market has changed. Many say that this change is due to a “bubble” generating a surprising increase in price. The price of luxury items, more specifically pre-owned watches, has skyrocketed in the past 20 months leaving all buyers perplex on what is going on. But can it really be said that this market is in a bubble?
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Electra America and BH Group Reveal Plans for $1 Billion Redevelopment of 80-Acre Southland Mall Site In Cutler Bay
Electra America, a real estate private equity firm focused on value-add and opportunistic investment in the Sun Belt region of the U.S., along with its U.S.-affiliate, American Landmark, and BH Group, a Miami-based private real estate investment and development firm, have revealed preliminary plans for the redevelopment and reinvention of the Southland Mall in Cutler Bay, located approximately 20 miles south of downtown Miami.
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The Ritz-Carlton Residences, Pompano Beach To Break Ground This Fall After Passing 75% Sold
The developers of The Ritz-Carlton Residences, Pompano Beach, Fortune International Group and Oak Capital, have announced the dual-tower property set to revolutionize legendary living in Pompano Beach has reached over 75% sold and plans to break ground Fall 2022. The Ritz-Carlton Residences, Pompano Beach will set a new standard for full-service, resort-style living in the tri-county area.
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Amar Lalvani, Carlos Rosso, Hassan Whiteside & Ryan Kelly
Rosso Development Celebrates The Grand Opening of The Standard Residences, Midtown Miami Sales Gallery
Developer Carlos Rosso and Standard International Executive Chairman Amar Lalvani hosted a cocktail event at The Standard Residences to celebrate the brand-new sales gallery in Midtown, Miami and the start of contract conversions. Attendees included NBA star Hassan Whiteside, Douglas Elliman CEO Jay Parker, Arquitectonica’s Raymond Fort, Urban Robot Associates’ Giancarlo Pietri and PROFILEmiami co-founder Demetri Demetri Demascus.
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