Miami's Brickell neighborhood, dubbed in the early 1900s as Miami’s Millionaire’s Row, evolved to become a banking center headquarters in the 1980s and has transformed once again into an effervescent hub of luxury shopping, culinary excellence and opulent living. Now known as the “Manhattan of the South,” Brickell is a premier hub for international finance in the United States.
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Urbanica Sells Meridian Hotel To Miami-Based Investment Firm
The Urbanica Meridian Hotel, located at 418 Meridian Ave on Miami Beach was recently sold by Urbanica, the group responsible for facilitating the revitalization of the dwindling Fifth Street Corridor through their development of staple lodging, food, and beverage establishments. The hotel sold to Miami-based investment firm, Cambridge Lansdowne, for $30.5 million.
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Fort Partners Pays Off $210 Million Construction Loan at Four Seasons Fort Lauderdale
Miami-based development firm Fort Partners has today announced that the $210 million construction loan for the Kobi Karp-designed Four Seasons Hotel and Private Residences Fort Lauderdale has been paid off. The loan, financed by Madison Realty Capital, became the largest residential construction loan in Fort Lauderdale history when it closed in 2019.
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Cordova Building In Fort Lauderdale Trades For $7 Million In Off-Market Office Transaction
The Cordova Building in Fort Lauderdale has sold for $7 million in an off market transaction. Southern Centers Associates I LP, led by longtime Fort Lauderdale developers and investors Kevin Buckley and Randall Kella, sold the 1500 Cordova Road property to Sunrise-based Centerline Capital Advisors.
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Jay Phillip Parker, Candace Jorritsma, Bob Moss, Noam Ziv, Jorge Garcia, Boca Raton Mayor Scott Singer, Andrea Levine O'Rourke, Yvette Drucker, Monica Mayotte, Andy Thomson, Caprice Weber
El-Ad National Properties Breaks Ground On ALINA Residences Phase Two In Boca Raton
El-Ad National Properties has broken ground on phase two of ALINA Residences, a world-class residential destination in the heart of Boca Raton. Phase two includes two nine-story residential buildings and will complete the entire project. At the groundbreaking ceremony, El-Ad National CEO Noam Ziv announced that phase two of ALINA Residences is already 40% sold.
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Master Brokers Forum Listing: Step Inside A Coconut Grove Waterfront Estate In The Exclusive Camp Biscayne Asking $48 Million
Master Brokers Forum member Elena Bluntzer presents this extraordinary property; located in a beautiful, woodsy, private enclave where only 26 homes enjoy its exclusivity. Camp Biscayne is one of Miami's best-kept secrets, nestled in the heart of Coconut Grove. Custom-designed and built for its current owner, this tri-level gem was just renovated.
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6111 Broken Sound Parkway In Boca Raton Signs Over 22,000 SF In Office Leases
Alchemy-ABR Investment Partners, a fully integrated New York based real estate investment firm- together with its joint venture partner, Breakers Capital Partners, a Miami based real estate investment firm, have announced that it has signed 22,241 SF of new leases and renewals at its Class A office building, 6111 Broken Sound Parkway in Boca Raton.
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North Miami Beach Financial Center In Opportunity Zone Trades For $9.3 Million
The North Miami Beach Financial Center, a 2.47-acre site featuring a two-story Regions Bank building located in an opportunity zone in North Miami Beach, has sold for $9.3 million. Ivan Herrera of Florida Royalty Investments Group LLC acquired property from Alberto Lensi of Addi Properties. Adam J. Tiktin and Greg Matus of Franklin Street’s Florida Investment Sales Team represented the seller in the transaction.
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Former Bridgewater Associates CTO Buys AKAI Estates Residence For $8 Million In Southwest Ranches
Prasad Hedge has joined bigwig investors migrating to South Florida from Connecticut. Hedge, who was previously a CTO with Bridgewater Associates, a premier asset management firm owned by Founder and Co-Chief Investment Officer Ray Dalio, purchased an estate in Southwest Ranches Akai Estates for $8 million.
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Check Out The Most Expensive Penthouse In Coral Gables Listed For $14.9 Million At Villa Valencia
A wellness escape in the sky, this upper penthouse at Villa Valencia is expected to shatter records once sold. It’s currently the most expensive condo listed in Coral Gables at $14.9 million. The building holds the record for most expensive condo sale of the lower penthouse for $6.5M. Villa Valencia is being developed by Location Ventures and will deliver early this year.
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