Co-developers The Estate Companies (EIG) and PTM Partners (PTM) have announced the completion Soleste Grand Central. The highly anticipated eight-story, 360-unit rental development at 218 NW 8th St. is the first large-scale ground-up opportunity zone development to be delivered in Miami-Dade County.
Read MorePTM Partners & Kushner Companies Announce Partnership On 2000 Biscayne Boulevard In Edgewater
PTM Partners (PTM), one of the leading Opportunity Zone-focused development firms in the country, and Kushner Companies (Kushner), a diversified privately held real estate organization involved in the ownership, management, development and redevelopment of numerous commercial and residential properties throughout the United States.
Read MorePROFILE Exclusive Podcast Season 1 Episode 8 Featuring Ronny Finvarb of Finvarb Group
Season 1 Episode 8 of the PROFILE Exclusive Podcast by PROFILEmiami features Ronny Finvarb of Finvarb Group. Ronny Finvarb is Principal of the Finvarb Group, a real estate development and investment company specializing in developing and owning award-winning hospitality projects including mixed-use hotels.
Read MoreNitin Motwani, Anshu Motwani, City of Plantation Mayor Lynn Stoner, Ramola Motwani, Broward County Commissioner Dale Holness , City Council Member Timothy Fadgen, Dev Motwani, Mike Kaufman
Merrimac Ventures Breaks Ground On $90 Million Merrimac Plantation Multifamily Development In Plantation
South Florida-based development firm Merrimac Ventures has broken ground on Merrimac Plantation, a new multifamily development on the rise in the City of Plantation, Florida. Located at 1711 N. University Drive, Merrimac Plantation will total 293,945 square feet with 306 rental apartments.
Read MorePROFILE Exclusive Podcast Season 1 Episode 7 Featuring Ryan Shear of PMG
Season 1 Episode 7 of the PROFILE Exclusive Podcast by PROFILEmiami features Ryan Shear, Managing Partner of PMG. PMG is a national real estate development firm with offices in Miami and Manhattan, specializing in new construction commercial and residential projects.
Read MoreMiramar Park of Commerce Sells For $18 Million At A Record Price Per Square Foot For Broward County
The Miramar Park of Commerce has sold for $18 million. The 56,072-square-foot industrial/flex building is located at 10315 USA Today Way in Miramar, Florida. At $321.02 per square foot, the transaction represents the highest price per square foot secured for an industrial/flex property in Broward County.
Read MoreNuveen Acquires LaVida Lakefront Class-A Multifamily In Miami's Blue Lagoon For $98 Million
The Chicago-based global real estate investment management company Nuveen Real Estate has acquired LaVida for $98 million. LaVida is the first Class-A lakefront multifamily apartments within the prominent Blue Lagoon corporate park.
Read MoreDePuy Synthes Product, Inc. Leases Palm Beach Gardens Office Space Expanding South Florida Footprint
DePuy Synthes Product, Inc., a Johnson & Johnson company, and a leading global provider of Orthopedics products, is expanding its presence in South Florida after signing a a 9,481 square foot lease at 4400 Northcorp Parkway in Palm Beach Gardens, Florida.
Read MoreGreenstone Property Group Acquires Miami Multifamily Portfolio From Ytech For $119 Million
The Miami-based Ytech has sold a multfamily portfolio in Miami totaling 677 apartment units for $119 million to the New York-based Greenstone Property Group. The dual transaction included the $41 million sale of Ocean House NoBe in Miami Beach and the $78 million sale of Lake House in Miami Gardens.
Read MoreMiami-Based Private Equity Group Galium Capital Continues To Expand Houston Portfolio with Acquisition of Millennium High Street
Galium Capital, LLC, a Miami-based private equity group, has announced the acquisition of Millennium High Street in Houston, TX. Millennium High Street is a LEED Gold-certified, 340-unit institutional-grade multifamily apartment building in Galleria District of Houston. The transaction closed on August 20, 2021.
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