Monaco Yacht Club & Residences, the widely-anticipated, new boutique Bayfront residences and private marina in Miami Beach, has received its temporary certificate of occupancy (TCO), signaling the start of closings. The project was developed by Optimum Asset Management USA. Monaco Yacht Club & Residences offers just thirty-nine luxurious waterfront residences delivered fully finished.
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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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Design 41 In Miami Design District Now Fully Leased After Swiss Watch Company Breitling Opens New Boutique
Design 41 in Miami Design District is now fully leased after Breitling signed a lease and opened a 1,832-square-foot boutique on the district’s prime Northeast 41st Street corridor. The 112 NE 41st St. store will showcase the latest watches modeled by Breitling’s “Spotlight Squad,” which includes Charlize Theron and Misty Copeland.
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KAR Properties Locks Down $128 Million Condo Inventory Loan For 2000 Ocean In Hallandale Beach
KAR Properties, led by Shahab Karmely, have closed on a $128 million condo inventory loan for the recently completed 2000 Ocean in Hallandale Beach. Madison Capital Realty provided the loan which will be used to pay off a $103 million construction loan issued by Apollo Commercial Real Estate Finance in 2018.
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The Developers of One Thousand Museum by Zaha Hadid Architects Pay Off $90 Million Inventory Loan Following Miami Art Week Sales
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit.
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The South Tower Is Now Sold Out At The Estates At Acqualina
The Estates at Acqualina, the $1.8 billion residential development located in Miami's Sunny Isles Beach, has announced the sellout of the South Tower featuring 154 exquisite residences ranging from 3,200 to 5,600 square feet. In addition, it will feature two single-family homes and two, two-story penthouses ranging from 6,225 to 9,000 square feet, all with private swimming pools.
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PMG Announces Pre-Leasing For Society Biscayne In Downtown Miami
PMG will commence pre-leasing at Society Biscayne, the highly anticipated social living community on Biscayne Boulevard in Downtown Miami. Pre-leasing begins on Friday, December 10 with move-ins slated to begin in Spring 2022. The 49-story Society Biscayne is being developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners.
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Lerner Acquires Motion at Dadeland High-Rise Multifamily For $114 Million
The Maryland-based Lerner Enterprises has acquired Motion at Dadeland for $114 million from the development partnership of 13th Floor Investments, Adler Group and Barings. Lerner received a loan from capital managed by KKR to finance the acquisition.
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ROVR Development's Grand Station Apartments Receives TCO In Downtown Miami
Grand Station Apartments, a transformative collaboration between Miami-based ROVR Development and the Miami Parking Authority (MPA), has received its TCO and residents have started to move-in. The $70 million, 30-story apartment tower, located at 240 North Miami Avenue, features 300 apartment residences.
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Shoma Group Sells Sanctuary at Doral 226-Unit Multifamily For $102.5 Million
The Coral Gables-based Shoma Group, led by Masoud and Stephanie Shojaee, have sold their recently completed Sanctuary at Doral multifamily apartment building for $102.5 million to the Denver-based Avanti Group. The 226-unit multifamily property is located at 9400 NW 41st St.
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