Miami-based developer Shoma Group has completed its two-tower, 304-unit multifamily rental community in Hialeah, Shoma Village. They will begin welcoming residents to their brand new apartments on August 1. Leased by KW Property Management & Consulting and managed by Shoma MGMT, the development is 65% rented and expected to be fully leased by the end of summer.
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Step Inside A Sky-High Ultra-Luxe Penthouse At PARAMOUNT Miami Worldcenter For Rent Asking $40K Per Month
A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami WorldCenter has hit the market asking $40,000 per month. The show stopping unit features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. PH 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room.
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Macken Companies Secures $16.5 Million Construction Loan For Koya Bay Luxury Waterfront Townhome Community In Eastern Shores, North Miami Beach
Macken Companies has secured a $16.5 million construction loan from LV Lending for Koya Bay, a luxury waterfront townhome community directly on the Intracoastal Waterway within the exclusive neighborhood of Eastern Shores at 4098 NE 167 St. in North Miami Beach. Camilo Niño, Ricardo Uribe and Alen Hernandez of LV Lending arranged the loan on behalf of the developer, Alan Macken, principal of Macken Companies.
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PROFILE EXCLUSIVE: NEW RENDERINGS OF NEXO RESIDENCES IN NORTH MIAMI BEACH
Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.
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Radio Mogul Tom Joyner Sells Golden Beach Oceanfront Home For $19 Million
Retired radio legend Tom Joyner has sold his incredible beachfront villa located in the ultra-exclusive town of Golden Beach. The home, which is located on a four-block stretch at 469 Ocean Blvd. and was featured as an Architectural Digest cover story, sold for $19 million. Dina Goldentayer with Douglas Elliman represented both sides of the transaction.
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Photo credit: The Louis Collection
New Middle Eastern Restaurant Mazeh Opens in Downtown Miami
NYC-based hospitality powerhouse group, GPG Hospitality, has introduced a brand-new Modern Middle Eastern concept to the Miami dining scene with Mazeh, which officially opened its doors to the public July 15th. Located at the sleek and modern YOTEL Miami hotel, Mazeh’s relaxed yet refined ambiance and unparalleled culinary approach will extend a unique modern flair to traditional Middle Eastern cuisine.
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Electric Feel Entertainment Founder And CEO Austin Rosen Buys 6417 Pine Tree Drive Circle
Electric Feel Entertainment Founder Austin Rosen has purchased 6417 Pine Tree Drive Circle for $12.5 million after acquiring the neighboring 6401 Pine Tree Drive Circle also for $12.5 million last year. With the acquisition Rosen now has 185’ on the water and 37,135 SF of land. 6417 Pine Tree Drive Circle, Miami Beach, is a 6 bedroom, 7 bathroom house spanning 4,855 SF.
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RELATED, ROVR AND BH GROUP BEGIN VERTICAL CONSTRUCTION ON SOLD OUT DISTRICT 225 CONDOMINIUM
Real estate industry leaders Related Group, ROVR Development and BH Group have officially broken ground on the sold-out District 225. Located at 225 North Miami Avenue in Downtown Miami, the 343-unit property is a new luxury condominium tower offering residents the ability to host their condos on Airbnb for any stay length (subject to applicable laws and restrictions). Completion is slated for 2024.
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WeWork Bought Out Of 146,000 SF Lease At 830 Brickell By OKO Group And Cain International
WeWork has been bought out of their lease to occupy 146,000 square feet covering 10-floors at 830 Brickell by developers OKO Group and Cain International. WeWork was one of the first to sign a major lease at the Class A office tower in 2019 which was set to become their largest location Florida. Rents at 830 Brickell are now in excess of $125 PSF representing a 42% rise year-over-year.
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Gazit Horizons And Atlantic Pacific Reveal New Renderings Of Corwil Architects-Designed Brickell Gateway
Gazit Horizons and Atlantic Pacific have revealed new renderings for Brickell Gateway, a proposed 61-story tower set to rise 747’. Located at 90 SW 8th Street on a ½ acre hard corner development site, the current Corwil Architects-designed proposal includes 504 multifamily units, 18,287 SF of retail and 348 parking spaces.
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