On Wednesday February 7, 2024, PROFILEmiami will host its inaugural Capital Markets Summit, bringing together some of the biggest movers and shakers in real estate development in Miami to explore the state of financing and capital markets in the real estate industry. The panel is set to feature industry leaders developer Dan Kodsi of Royal Palm Companies, Dev Motwani of Merrimac Ventures, Raul Llanes of City National Bank, Michael May of Silverstein Capital and Justin Oates of Cain International; moderated by Matt Einheber of TitleEQ.
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Sawyer's Walk Overtown Mixed-Use Development Now 100% Leased, Set To Open This Summer
The transformative development Sawyer’s Walk comprising 1.5 million square feet is now fully committed and considered one of the largest mixed-use project set to deliver in decades in the historic community of Overtown in Miami, Florida. The project will add 175,000 square feet for credit retailers, 578 housing units for predominantly low-income seniors.
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Demetri Demascus, Will Meyer, Ralph Choeff, Katya Demina, Louis Birdman and Kobi Karp.
Inside The PROFILE Design Summit at Eichholtz Miami
On Thursday February 1, 2024, PROFILEmiami hosted its inaugural and sold-out PROFILE Design Summit, featuring architecture and interior design icons Kobi Karp, Louis Birdman, Will Meyer and Ralph Choeff. The evening took place at Eichholtz Gallery in Miami Design District and was attended by Miami’s top investors, developers, architects and designers as well as guests from all over the design world who flew in to experience the bespoke event.
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Mast Capital Locks Down Florida's Largest Residential Single-Tower Loan At $600 Million For Cipriani Residences Miami
Miami-based developer Mast Capital has secured a construction loan of $600 million, setting a new record for the largest single-tower residential construction loan ever obtained in Florida for Cipriani Residences Miami. The loan comes from Mexico-based Banco Inbursa and Ascendant Capital Partners, contributing $350 million and $250 million, respectively.
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Rendering via MARCH
Over $100 Million In Sales at The Residences at Shell Bay Following Opening Of Ultra-Private Shell Bay Club
The Residences at Shell Bay, the world-class, 150-acre enclave in the Miami region, has seen over $100 million in sales at the 20-story, 108-residence condominium tower, following the opening of the ultra-private Shell Bay Club in October. The Shell Bay Club is South Florida's first and only new golf club in over 25 years.
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Merrimac Ventures and Aria Development Group Lock Down $95 Million Construction Loan for Sold-Out 600 Miami Worldcenter
A joint venture between South Florida-based developers Merrimac Ventures and Aria Development Group is preparing to break ground on 600 Miami Worldcenter, a 32-story condominium tower set within Downtown Miami’s Miami Worldcenter 27-acre mixed use development, following locking down a $95 million construction loan from Banco Inbursa.
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PROFILEconnect: South Florida Capital Markets Summit at E11EVEN Residences Beyond on 2/7/24
On Wednesday February 7, 2024 PROFILEmiami will host its inaugural South Florida Capital Markets Summit, exploring the current state and future of how real estate in Miami is valued, financed, and transacted with South Florida’s top real estate and finance executives.
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Sabal Development Reveals TOGU Designed Penthouse At Brickell House Asking $14.99 Million
Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach.
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(L-R) PROFILEmiami Co-Founders Demetri Demascus & Katya Demina; CURATED Co-Founder John Temerian; Prestige Imports CEO Brett David; developer of Bentley Residences Miami CEO of Dezer Development Gil Dezer; and Founder of ArtLife Avery Andon
Inside PROFILE Collectors Club: The Evolution of Hypercars Event at Prestige Imports
On January 25, PROFILEmiami and Prestige Imports hosted the sold-out PROFILE Collector’s Club: Evolution of Hypercars event at the Prestige Imports flagship dealership featuring some of the most well-known names in South Florida’s car industry. Attendees came out in record numbers to hear from Brett David, John Temerian, Gil Dezer and Avery Andon as they discussed collecting hypercars.
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Check Out This Tropical Modern North Bay Road Waterfront Estate Asking $42.5 Million
An ultra-sleek tropical modern waterfront listing with two outdoor pools on the prestigious North Bay Road in Miami Beach has hit the market for $42.5 million. The home is located at 5004 North Bay Road and blends modern architecture with timeless design. Oren Alexander and Isaac Lustgarten of OFFICIAL are the exclusive listing agents; the pair also selling a neighboring property.
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