On July 1, 2022 Miami-based restaurateur and visionary hospitality veteran, George Sezgin, unveiled KÓMMA, a genuine Mediterranean kitchen and bar concept that is poised to bring an entirely unparalleled celebratory culinary experience to the enthusiastic Miami Beach neighborhood. ‘κόμμα’ (KÓMMA) in Ancient Greek dialect translates to: ‘celebration,’ ‘gathering,’ ‘revelry.’
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Tour A Beachfront Duplex In Ocean House Which Just Sold For $14.5 Million In South-Of-Fifth
A beachfront duplex in Ocean House, a luxury building in Miami Beach’s exclusive South-Of-Fifth neighborhood, has sold for $14.5 million. The sale of 125 Ocean Dr U-201 was overseen by Chad Carroll with the Carroll Group at Compass, who listed the condominium, while the buyer was represented by Christopher Jude with Fortune International Realty.
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Miami Developer Gregg Covin Announces Plans For Fairmont Hotel Branded Residences
Fairmont Hotels & Resorts, part of world leading hospitality group Accor, in partnership with Gregg Covin, notable Miami real estate developer, announced the signing of definitive agreements for the development and management of the first luxury branded residential offering in the Blue Ridge Mountain region of North Carolina - Fairmont Heritage Place - The Cedars, Hendersonville.
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PMG and Greybrook Launch The Elser Hotel & Residences In Downtown Miami
National investment and development firm PMG, alongside Toronto-based real estate private equity firm Greybrook, have launched The Elser Hotel & Residences, a 49-story new construction luxury condominium located at 398 NE 5th St. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space.
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Boynton Beach City Commission Approves Public-Private Partnership Project, The Pierce, In Partnership With Affiliated Development
Boynton Beach City Commission has voted unanimously to approve all agreements between the City, the Boynton Beach CRA and Affiliated Development to advance highly anticipated $80+ million mixed-use, mixed-income workforce housing project, The Pierce. Located west of Federal Highway between Ocean Ave. and Boynton Beach Blvd., The Pierce will offer 16,800 SF of restaurant and commercial space and a minimum of 236 apartment units.
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Location Ventures Completes Luxury Condominium 'Villa Valencia' In Coral Gables
Following record-breaking sales and its distinction as the first U.S. condominium development to integrate the revolutionary Delos’ DARWIN™ Home Wellness Intelligence network, Location Ventures has received its TCO for Villa Valencia. The now complete luxury condominium building in Downtown Coral Gables delivers a collection of 39 luxury condominiums which are currently 95% sold.
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Forest Development Closes On $269 Million Construction Loan For Palm Beach County Condo
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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Omega Real Estate Locks Down $100 Million Construction Loan For North Miami Multifamily
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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Newgard Development Group Locks Down $170 Million Construction Loan For LOFTY Brickell Home-Sharing Tower
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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Step Inside The DOMO-Designed Casa Eterna On Venetian Islands Which Just Sold For $26.25 Million
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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