Major Food Group Co-Founders Jeff Zalaznick, Mario Carbone and Rich Torrisi

Major Food Group and Boucher Brothers Win Bid To Take Over '1 Ocean Drive' In Miami Beach

October 2, 2023

Last Wednesday, 9/27, in a monumental decision that signals a thrilling, better future for Miami Beach and its residents, the local government named Boucher Brothers and Major Food Group the new stewards of one of the most stunning and historic beachfront properties on the globe, 1 Ocean Drive. Their vision for the address, designed by Kobi Karp, will come to life in 2026 at the site that has been operated as Nikki Beach since 1985.

Finvarb Group's Rudy Ricciotti-Designed Thompson Hotel South Beach Nearing Completion

September 25, 2023

Construction is nearing completion at Thompson Hotel South Beach which is being developed by Finvarb Group, led by Ronny Finvarb, and Chahine Investment Corp. Glass has been installed at the architectural masterpiece by world-renowned French architect Rudy Ricciotti, its iconic wave design is already making a statement in Miami Beach. The Thompson Hotel South Beach is set to transform the nexus of Washington Ave. and 17th St.

The First Estate Built On Star Island In 1924 Sells For $57 Million Following Ultra-Luxe Mega-Expansion

September 15, 2023

The first estate built on Star Island in 1924 has sold for $57 million following an ultra-luxe mega-expansion. The transaction is one of the highest prices paid for a modern home in Miami-Dade. The seller was represented by Dina Goldentayer with Douglas Elliman, while the undisclosed buyer was represented by Chad Carroll with The Carroll Group at Compass.

Music Mogul Rick Ross Closes On 37 Star Island For $35 Million

August 15, 2023

Music mogul and rap superstar Rick Ross has officially closed on 37 Star Island Drive for $35 million. Ross says the purchase was "a major piece to the puzzle" in building his already robust real estate portfolio. 37 Star Island Drive is a 12,374 square foot, 6 bedroom home situated on a manicured 40,000-square foot lot with 100-feet of waterfront on Miami Beach’s exclusive and ritzy Star Island.

SHVO Locks Down $190 Million In Financing For The Raleigh Hotel & Residences, Miami Beach

July 31, 2023

SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.

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.

Look Inside This Lavish Waterfront Star Island Estate Which Just Hit The Market For $37.5 Million

May 15, 2023

37 Star Island Drive, a lavish waterfront estate on Miami Beach’s exclusive and ritzy Star Island, has hit the market for $37.5 million. The 12,374 square foot residence is situated on a manicured 40,000-square-foot lot, featuring 100 feet of water frontage facing Biscayne Bay and offers direct bay and ocean access. The home spans six bedrooms plus an office space, eight full bathrooms and one-half bathroom.

Queen Miami Beach Reveals Exclusive 8-Seat High-End Speakeasy Style Omakase Experience

April 27, 2023

After a warm reception from patrons and gourmands, Queen Miami Beach has revealed one of her most-coveted hidden gems, nestled within her upper wing and peering into the grand dining room below. The intimate haven of glamour, design, and inimitable exclusivity is revealed as Queen Omakase, an exclusive eight-seat omakase bar led by third-generation sushi chef Max Kamakura.

Riviera Dining Group Reopens Iconic South Beach Dining And Nightlife Venue 'BAOLI Miami'

April 10, 2023

BAOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach, has reopened under the direction of Riviera Dining Group (RDG). BAOLI Miami launched with a new menu exploring Indonesian, Thai, Indian, Balinese and Nepalese flavors, colorful ingredients and cooking techniques. The updated aesthetic transports guests with lush tropical foliage and a curated mural from artist Mateo Humano.

New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island

February 22, 2023

A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.

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