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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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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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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The Dezervator at Porsche Design Tower
Inside Gil Dezer's Patented 'Dezervator' Coming To Bentley Residences Miami
Real estate visionary Gil Dezer of Dezer Development, a car collector and aficionado, wanted to offer his buyers at the iconic Porsche Design Tower an amenity that no other tower in the world offered, a car elevator to deliver you and your car to your own private garage in the sky. The patented ‘Dezervator’ was born, and changed the face of ultra-luxury real estate forever.
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Meet Our Iconic Supercar Industry Panelists for PROFILE Collectors Club 'The Evolution of Collector Hypercars'
On Thursday January 25, 2024 PROFILEmiami will host ‘PROFILE Collectors Club: The Evolution of Collector Hypercars’ at leading hypercar dealership Prestige Imports. Where passion and opulence intersect, PROFILE Collectors Club is an ultra-luxury bespoke experience bringing together today's hottest brands and rarest collector's items with Miami's most active real estate and business professionals to connect and learn about their passions outside of a business setting.
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Penthouse At Indian Creek Residences & Yacht Club Sets New Price Record For Bay Harbor Islands
Penthouse 1 at Indian Creek Residences & Yacht Club, the Kobi Karp-designed ultra-luxury boutique development condo on Miami's Bay Harbor Islands, has gone into contract before even being publicly listed. Asking $12 million, the penthouse sale sets a record price for the islands, in terms of total sale price and price per square foot.
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Robert Rivani Sells Miami Penthouse At The Ritz-Carlton Residences, Miami Beach
Views of the Bay and Ocean are put directly on display with floor-to-ceiling windows encompassing the entirety of the penthouse. Sleek light toned interiors enhance the setup with thoughtfully curated features throughout. Find a custom eat-in kitchen by Boffi equipped with Gaggenau appliances, marble counters, and a large walk-in pantry.
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Ytech Begins Demolition of Site For The Residences at 1428 Brickell
Miami-based real estate development firm Ytech has commenced demolition of the existing structure at 1428 Brickell Avenue, the future location of luxury high-rise condominium The Residences at 1428 Brickell. Ytech has owned the now-vacant property since January 2017, which previously housed 100,000 square feet of office space.
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