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PROFILE Design Summit 2026-3.png

Forest Development Closes On $269 Million Construction Loan For Palm Beach County Condo

July 5, 2022

Forest Development has locked down a $269 million construction loan for Nautilus 220, a 330-unit luxury condominium project that is the first of its kind in Palm Beach County’s Town of Lake Park. Nautilus 220 will be 24-story twin condo towers on the water with a restaurant from renowned chef David Burke and many amenities.

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In Commercial, Development, Development News, Invest, Investment News, Lake Park, Finance & Banking, News, News & Features, Palm Beach County Tags News & Features, News, Forest Development, Nautilus 220, Concord Summit Capital, Dan Kodsi, Fortress Investment Group, David Burke, Lake Park, Kast Construction, Steven G., Palm Beach County, Development, Development News, Commercial, Finance, Financing, Finance & Banking, Construction Loan, July 2022, featured, Featured, Invest, Investment News, Peter Baytarian
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Omega Real Estate Locks Down $100 Million Construction Loan For North Miami Multifamily

July 5, 2022

Omega Real Estate has locked down $100 million in construction financing to develop The Gardens Residence, a 358-unit mid-rise apartment community with 1,100 square feet of ground floor retail in North Miami, Fla. The financing was provided by Churchill Real Estate and was arranged by Berkadia.

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In Commercial, Development, Development News, Finance & Banking, Invest, Investment News, Multifamily, News, News & Features, North Miami Tags Finance, Financing, Banking, Finance & Banking, News, News & Features, Invest, Investment News, Omega Real Estate, The Gardens Residence, Churchill Real Estate, The Gardens District, Charles Foschini, Sebastien Scemla, Jeff Rosenfeld, Sean Robertson, Multifamily, July 2022, Development, Development News, Commercial, North Miami, 1155 Northeast 126th Street
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Newgard Development Group Locks Down $170 Million Construction Loan For LOFTY Brickell Home-Sharing Tower

July 1, 2022

Newgard Development Group has locked down a $170 million loan from 3650 REIT for its newest residential property, LOFTY Brickell. The closing follows an impressive sales launch, with 80% of the tower’s inventory under contract and groundbreaking set to commence Q4. This is the second loan from 3650 REIT for LOFTY - the first being last fall tied to the land acquisition.

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In Brickell, Development, Development News, Development Sales, News, News & Features, Sales Update, Sales Center, Residential, Banking, Commercial, Finance & Banking Tags Newgard Development Group, Development News, Development, Development Sales, Brickell, LOFTY Brickell, Cervera Real Estate, Residential, News, News & Features, Short Term Rentals, Arquitectonica, Harvey Hernandez, Commercial, Construction Loan, Finance, Finance & Banking, Financing, 3650 REIT, July 2022
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Step Inside The DOMO-Designed Casa Eterna On Venetian Islands Which Just Sold For $26.25 Million

July 1, 2022

Casa Eterna, a tropical modern waterfront located at 45 E Di Lido on Miami’s Venetian Islands, has sold for a record $26.250 million, $4,900 PSF. The seller was represented by Dina Goldentayer with Douglas Elliman. The home was originally built by developer Todd Michael Glaser and was designed by DOMO Architecture + Design.

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In Closed, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Venetian Islands, Venetian Tags DOMO, DOMO Architecture + Design, Todd Michael Glaser, Dina Goldentayer, Douglas Elliman, Casa Eterna, Venetian Islands, Closed, Residential, Traded, featured, Featured, Luxury Real Estate, Luxury Homes, July 2022
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Todd Michael Glaser And Partners Buy Palm Beach Penthouse Atop Tiffany & Co. On Worth Avenue For $15.5 Million

June 30, 2022

Spec home developer Todd Michael Glaser and his partners have closed on the penthouse on top of the Worth Avenue Tiffany & Co. building in Palm Beach for $15.5 million. The residence was delivered as an unfinished shell and the investors plan to complete the residence and list it at potentially $40 million. The penthouse occupies the buildings second floor and rooftop and spans 13,000+/- SF.

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In Acquisitions, Closed, Development, Development News, Invest, Investment News, Luxury Homes, Luxury Real Estate, News, News & Features, Palm Beach, Residential, Spec Home Tags Todd Michael Glaser, Palm Beach, Tiffany & Co., Development News, Development, Luxury Homes, Luxury Real Estate, Fortress Investment Group, Hyde Retail Partners, Kean Development Company, June 2022, featured, Featured, 259 Worth Avenue, Retail, Worth Avenue, Acquisitions, Closed, Spec Home, Residential
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W.A. Spencer Morris Named President of the Allen Morris Company

June 29, 2022

The Allen Morris Company (AMCO) one of the largest diversified real estate firms in the southeast, has named W.A. Spencer Morris, President. Morris was most recently Chief Investment Officer (CIO) for the organization. Morris has been an integral part in furthering AMCO’s investment management division, along with its development business, and opening new lines of business such as AMS Hospitality.

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In Commercial, Development, Development News, News, News & Features, Private Equity Tags News & Features, News, Spencer Morris, W.A. Spencer Morris, Allen Morris Company, Allen Morris, W. Allen Morris, Private Equity, AMCO, Development, Development News, Commercial, featured, Featured, June 2022
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Master Brokers Forum Listing: Step Inside This $25 Million Coconut Grove Waterfront Mediterranean Estate

June 29, 2022

Master Brokers Forum: Master Brokers Forum member Roberta Ingletto presents this spectacular Mediterranean waterfront home with incredible views of Biscayne Bay, perfectly situated on a quiet street with a gated entrance in Coconut Grove. Features of this six bedroom/five and one-half bathroom home include a chef's kitchen with a marble island, movie theater and more.

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In Coconut Grove, Luxury Homes, Luxury Real Estate, News, News & Features, Master Brokers Forum, Master Broker Forum, Residential Tags News & Features, News, Luxury Homes, Luxury Real Estate, Featured Listing, Featured Listings, featured, Featured, June 2022, Coconut Grove, Master Brokers Forum, Master Brokers Forum Listing, Roberta Ingletto, RGI Realty, 1940 South Bayshore Ln, Residential
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MG Developer Acquires 33 Alhambra Circle In Downtown Coral Gable, Plans New Luxury Condominium Alhambra Parc

June 28, 2022

MG Developer, one of the most active developers in Coral Gables, has acquired a parcel of land at 33 Alhambra in Coral Gables’ Northside entrance and has announced plans to build a new mixed-use condominium community. Named Alhambra Parc, the project will feature with 33 luxury condominiums and retail on the ground floor. This acquisition was made in partnership with VYV.

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In Acquisitions, Commercial, Coral Gables, Development, Development News, Development Sites, News, News & Features, Traded Tags News & Features, News, Acquisitions, Closed, Traded, Commercial, Coral Gables, Development, Development News, Development Sites, June 2022, MG Developer, Alirio Torrealba
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James Hait, Norly Cabrera, Tyler Biddle-Burrows, Carlos Rosso, Ann Nortmann & Chris Wands

The Standard Residences, Midtown Miami Now 70% Reserved, Hosts Cocktail Celebration At Sugarcane

June 28, 2022

The Standard Residences, Midtown Miami is now 70% reserved and celebrated in style overlooking the building’s future site from SUGARCCANE raw bar grill. The exclusive cocktail event was hosted by developer Carlos Rosso, Urban Robot Associates’ Giancarlo Pietri and Naturalficial’s Andres Arcila, showcasing the energy, culture, community and style that The Standard brand is known for.

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In Development, Development News, Development Sales, Events, Hospitality, Midtown, News, News & Features, Sales Update Tags News & Features, News, Events, The Standard Residences, The Standard Residences Midtown Miami, The Standard, Development News, Development, Development Sales, Demetri Demascus, James Hait, Norly Cabrera, Tyler Biddle-Burrows, Carlos Rosso, Ann Nortmann, Chris Wands, Rosso Development, Giancarlo Pietri, Andres Arcila, Naturalficial, Urban Robot Associates, Midtown, June 2022, Arquitectonica, Hospitality, Short Term Rentals, Flexible Living, featured, Featured, Sales Update
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Sumaida + Khurana and Bizzi & Partners Reveal 'THE FIFTH MIAMI BEACH' Class A+ Office Designed By Spanish Master Architect Alberto Campo Baeza

June 27, 2022

Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, have received approval from the City of Miami Beach to proceed with the construction of a new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza. The project is named THE FIFTH MIAMI BEACH and it will be Baeza’s first commercial building in the United States.

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In Commercial, Development, Development News, News, News & Features, Office Space, South Beach, South of Fifth, Miami Beach Tags Sumaida + Khurana, Saif Sumaida, Bizzi & Partners Development, Davide Bizzi, News & Features, News, June 2022, Development, Development News, Office, Office Space, Class A Office Space, Amit Khurana, Alessandro Pallaoro, Gabellini Sheppard Associates, The Fifth Miami Beach, Alberto Campo Baeza, Commercial, featured, Featured, Miami Beach, South of Fifth, South Beach
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