FIRST ON PROFILE: DAMAC Sets The Record Straight Addressing Misconceptions Following Special Commission Meeting, To Proceed With Submission B

August 4, 2023

FIRST ON PROFILE: DAMAC International, a Dubai-based luxury property developer renowned for setting ambitious standards in design and innovation around the globe, and the developer behind the forthcoming Zaha Hadid Architects-designed ultra-luxury condominium at 8777 Collins Avenue in Surfside, is setting the record straight to address misconceptions and misinformation following the July 25th Town of Surfside Special Commission Meeting in order to promote an informed dialogue.

Cher's Former La Gorce Island Home Hits Market For $42.5 Million In Miami Beach

August 3, 2023

A legacy home on La Gorce Island which was once owned by popstar Cher in the 90’s, has hit the market for $42.5 million. The Spanish contemporary estate is draped in bougainvillea with an idyllic courtyard and was stylishly elevated to modernity by Menin Homes + Designs. The six-bedroom, nine-bathroom abode features grand dual staircases, Brazilian oak flooring and a foyer with ceilings over 19-feet greet you upon arrival.

The Most Opulent Listing In Lake Park Hits The Market At Nautilus 220 In The Palm Beaches

August 1, 2023

Royal Palm Companies and Forest Development have revaled Penthouse F5, the final penthouse available. PHF5 is a stunning home with a rooftop terrace at Nautilus 220, a new luxury mixed-use development with condominium residences in two, 24-story towers, with restaurants like SeaHawk Prime by David Burke, retail, and offices all alongside a full-service marina.

First Penthouse At Cipriani Residences Miami Sells Just Weeks After Hitting Market For $16.2 Million

July 27, 2023

The first of six penthouses at Cipriani Residences Miami, the Cipriani brand’s first-ever ground-up residential tower in the nation which is being developed by Mast Capital, has sold just weeks after hitting the market for $16.2 million. Penthouse 1 is an impressive four-bedroom home with 9,221 SF of combined indoor and outdoor space. Listed at $16.2 million, translating to a record-breaking $3,333 PSF, the penthouse emulates the prestige of the Cipriani brand.

Scott Wadler (Berkadia), Ayush Kapahi (HKS), Diego Torellaba (MG Developer), Catie Naranjo (MG Developer), Melissa Tapanes (Berkow), Demetri Demascus (PROFILEmiami) and Alirio Torellaba (MG Developer)

Inside 'An Exploration Into Capital Markets Coral Gables' Presented By PROFILEmiami & MG Developer

July 26, 2023

On Tuesday July 25, 2023 PROFILEmiami teamed-up with MG Developer to present ‘An Exploration into Capital Markets Coral Gables’, bringing an immersive panel and cocktail event exploring capital markets and real estate development in South Florida to the beautiful ‘Village at Coral Gables’ showroom. The relaxed and open setting featured cocktails courtesy of MG Developer and food from Coral Gables staple restaurant, Zucca, while attendees networked with industry leaders one of Miami’s hotbed neighborhoods for business and development.

The Avenue Coral Gables Hotel & Residences Reaches 65% Sold

July 25, 2023

The Avenue Hotel & Residences Coral Gables, a Parisian-inspired neo-classically designed boutique tower and hotel on San Lorenzo Avenue in Coral Gables, has hit 65% percent in pre-construction sales. Located at 351 San Lorenzo Avenue, The Avenue Coral Gables Hotel & Residences is being developed by Roger Development Group, a Coral Gables-based family-owned, fully integrated real estate development and management company.

Alex Witkoff of Witkoff Group and Shore Club Private Collection (Photo by Glen Allsop, Rendering via The Boundary)

Witkoff Group and Monroe Capital Close On Record-Breaking Loan For Shore Club Private Collection

July 21, 2023

Witkoff Group, a Miami-based development and investment firm, and Monroe Capital, a premier asset management firm, have closed on a $430 million construction loan for Shore Club Private Collection, which is on track to be one of the fastest-selling luxury developments in Miami Beach’s history. Financed by J.P. Morgan, the loan is believed to be the largest for a residential construction project in South Florida.

Honoring Tradition, Defining the Future: The St. Regis Residences, Miami

July 19, 2023

The St. Regis New York, founded by the visionary John Jacob Astor IV in 1904, played a pivotal role in the evolution of New York City’s Fifth Avenue. Rising as the tallest structure of its time, this architectural masterpiece not only reshaped Manhattan’s skyline, but also served as a pioneering model for innovation and excellence that revolutionized the hospitality industry.

MG Developer Locks Down $67.5 Million Construction Loan For The Village at Coral Gables

July 19, 2023

MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July. Located at 535 Santander Avenue, is a 48-residence collection that will pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”

Step Inside A Contemporary Waterfront Estate In Boca Raton's Prestigious 'The Sanctuary' Community Asking $16 Million

July 12, 2023

A newly constructed contemporary waterfront estate located in Boca Raton’s prestigious community, The Sanctuary, has listed for $16 million. The brand-new residence offers a bright and cheerful Southern Exposure, bathing the home in natural light, as well as captivating 30 ft ceilings at the entry, creating magnificent art walls, a blank canvas for any art enthusiast.

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