Phase two of ALINA Residences, ALINA 210 and ALINA 220 at the award-winning, world-class residential destination in the heart of downtown Boca Raton, are now 70% sold. ALINA Residences, which is being developed by El-Ad National Properties, an Elad Group company with a South Florida-based team, continues to hit construction milestones and is on track to deliver on time.
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Rosso Development, Standard International and Midtown Development Lock Down $45.045 Million Construction Loan For Standard Residences, Midtown Miami
Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
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Rendering via BINYAN Studios
FIRST ON PROFILE: Terra Unveils Plans For Mr. C Hotel & Residences in West Palm Beach With Signature Bellini Restaurant
FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.
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FEATURED LISTING: Check Out This New Construction Coconut Grove Townhome Asking$1.75 Million
Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove, has just dropped the asking price to $1.75 million for 3162 Plaza Street. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.
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Kane Sarhan, Chief Creative Office of THE WELL & David Martin, CEO of Terra
Terra Breaks Ground on The Well Bay Harbor Islands
Miami-based real estate developer Terra, led by David Martin, and Internationally-acclaimed wellness brand, THE WELL, have broken ground on THE WELL Bay Harbor Islands located at 1100 Kane Concourse in Miami’s Bay Harbor Islands. The groundbreaking took place on October 9th with the residences already at 50% sold. THE WELL Bay Harbor Islands is an eight-story luxury residential building with 54 bespoke residences and more than 22,000 SF of amenities.
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FIRST ON PROFILE: Pinecrest Mansion Sells For Record $11.2 Million Complete With NFT Mansion In The Metaverse
FIRST ON PROFILE: Meta Residence, a new construction home in Pinecrest which launched in August 2022 as the world’s first-ever "MetaReal" Mansion, a real world new construction home being built in Miami with a digital twin in the Metaverse, has just sold in an all-cash transaction for $11.2 million. The sale marks it as the highest sale overall and highest price per square foot in Pinecrest at $1,335 PPSF.
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FEATURED LISTING: Check Out This Stunning Paramount Bay 2-Bed Residence Overlooking Biscayne Bay Asking $1.4 Million
Paramount Bay has long been one of the most sought after buildings in Edgewater due to its prime bayfront location, large luxe floor plans and world class amenities. Asking $1.4 million, residence 801 is a 2 bed 2.5 bath residence featuring stunning direct East water views. 801 also features private elevator entry, a flow-through floor plan with 1,588 SF of living space.
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Rendering via Hayes Davidson
FIRST ON PROFILE: Naftali Group Launches Sales For JEM Private Residences in Miami Worldcenter
FIRST ON PROFILE: Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has launched sales for JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11. This dynamic condominium development, rising over 700 feet tall and spanning 67 stories, is a landmark focal point within the city’s iconic Miami Worldcenter.
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FIRST ON PROFILE: Landau Properties Launches Sales of Indian Creek Residences & Yacht Club Starting At $5 Million
FIRST ON PROFILE: The NYC and Miami-based Landau Properties, led by Jonathan Landau, has launched sales for the highly-anticipated Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. The boutique building offers nine luxury condominium homes and six yacht slips, providing one of the only private yacht clubs in the area and a sought-after opportunity for waterfront views of the coveted Indian Creek Island.
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Related Group and Tricap Break Ground On Hospitality-Infused Wynwood Condo 'NoMad Residences Wynwood'
Related Group, together with Manhattan-based developer Tricap, has broken ground on NoMad Residences Wynwood, the first residential concept from the global hospitality icon, NoMad Hotels, and its parent company, Sydell Group. Located just steps from Miami’s world-famous Wynwood Walls, the nine-story condominium tower boasts an eclectic, modern design crafted by the world’s preeminent design talents with architecture by Arquitectonica and interiors by the renowned DesignAgency.
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