Okan Tower, which is set to become one of the tallest towers in Downtown Miami, has unveiled its exclusive Loft Penthouse Collection. Rising 902’ in the air, the 70-story project’s highly-anticipated Loft Penthouse Collection consists of 14 impressive residences soaring above downtown Miami at the building’s peak.
Read MoreUrbanica 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.
Read MoreRelated Group and Integra Investments Reveal New Renderings For The St. Regis Residences, Miami
Related Group and Integra Investments have revealed new renderings for The St. Regis Residences, Miami, a two tower condominium located at 1809 Brickell Ave. which is set to redefine Miami’s skyline. The St. Regis Residences, Miami is designed by Robert A.M Stern Architects (RAMSA) and Rockwell Group,
Read MoreRelated Group, Integra Investments Announce The St. Regis Residences, Miami, Ushering In New Golden Age For South Florida
A partnership between Related Group and Integra Investments have announced plans for The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline. The two-tower property is set at the pinnacle of design, combining the talents of Robert A.M Stern Architects (RAMSA) and Rockwell Group.
Read MoreRoyal Palm Companies Locks Down 3rd Largest Construction Loan In Florida History For Legacy Hotel & Residences
Royal Palm Companies, led by Dan Kodsi, has locked down a $340 million construction loan from Silverstein Capital Partners for the sold-out Legacy Hotel & Residences in Miami Worldcenter in Downtown Miami. The loan represents the third largest construction loan in Florida history.
Read MoreJDS Development Completes Phase 1 Of Site Work At 1 Southside Park in Brickell
JDS Development Group, led by Michael Stern, has completed the first phase of site work at 1 Southside Park, a new world-class mixed-use luxury tower in the heart of Brickell. The developer has completed soil mixing on a portion of the site and has moved onto soil mixing at another site on the assemblage.
Read MoreWitkoff And Monroe Capital Announce Restoration And Redevelopment Of Iconic Shore Club Hotel In Miami Beach
Witkoff and Monroe Capital have announced a partnership with world renowned Robert A.M. Stern Architects to restore and redevelop the iconic Shore Club Hotel at 1901 Collins Avenue in Miami Beach. On November 15th, 2021, Witkoff and Monroe Capital filed an application with the City of Miami Beach for approval by the Historic Preservation Board.
Read MoreElectra America Hospitality Group Acquires The Conrad Miami Hotel In Brickell Arch Tower
Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, has acquired the Conrad Miami hotel in Brickell for $75.33 million. The seller was AG-M Miami Hotel Owner LLC, a JV partnership between the Miami-based Mast Capital and the New York-based Angelo Gordon.
Read MoreFinvarb Group Acquires The Landon Bay Harbor Hotel For $10 Million
Finvarb Group, led by Ronny Finvarb, has acquired The Landon Bay Harbor Hotel for $10 million, roughly $219,000 per key. The seller was BHI Hotel who acquired the property in 2007 for $3.9 million. The property was listed with David Cohen and Arthur Porosoff with Compass as well as David Greenberg with Marcus & Millichap.
Read MoreCity of Miami Beach Approves Ocean Terrace Redevelopment Plan Along North Beach Beachfront
The City of Miami Beach Historic Preservation Board has approved the Ocean Terrace Holdings (OTH) redevelopment plan and Ocean Terrace streetscape masterplan. The redevelopment plan includes a 20-story, 75-unit residential building, new restaurant and retail options, and a 127-room hotel.
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