PROFILEmiami had the opportunity to catch-up with May Deraja, President of MAGASI, a family-run, full-service property management company specializing in multifamily, affordable housing, and hospitality management. As President Maty oversees all operational aspects of the company’s day-to-day operations.
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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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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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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
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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Kadir Tokman, Civic Construction; Edgardo Defortuna, CEO of Fortune International Group; Kasim Badak, CEO of Okan Group; Murat Gülen, Board of Directors of Okan Group; Ibrahim Fesli, Board of Directors of Okan Group; Commissioner Ken Russell; Isil Okan Gulen, Okan Group; City of Miami Mayor Francis X. Suarez; Former Prime Minister of Turkey Binali Yildrim; Bekir Okan, Chairman of the Board of Directors of Okan Group; Turkish Ambassador to the United States Murat Mercan; Ozkan Okan, Okan Group; Robert Behar, Behar Font & Partners; William J. Read, Civic Construction.
Okan Tower Anchored By Hilton Hotel Breaks Ground In Downtown Miami
Okan Tower, the new Downtown Miami megaplex, with residences anchored by a Hilton Hotel, broke ground on Friday, June 17 with all the fanfare of a major international milestone, attended by a who’s who of the business, political, civic, hospitality and real estate brokerage community. Okan Tower represents the largest Turkish investment in the United States with a design inspired by the country’s native flower, the tulip.
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Aria Development Group Delivers The Sold-Out YOTELPAD Miami In Downtown Miami
New York and Miami-based Aria Development Group is pleased to announce the completion of YOTELPAD Miami, a 31-story condominium and hotel in the heart of Downtown Miami. The stylish mixed-use project was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions.
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Okan Tower Unveils Loft Penthouse Collection As Development Nears Groundbreaking In Downtown Miami
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.
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Fortune International Group And Blue Road Launch Nexo Residences, North Miami Beach Condo Allowing Short Term Rentals
Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences.
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Related Group And Tricap Launch NoMad Residences Wynwood With A Casa Tua Cucina
A joint-venture between Related Group, Tricap, led by David Edelstein, and Alex Karakhanian’s LNDMRK Development have launched sales of NoMad Residences Wynwood which will feature a ground floor Casa Tua Cucina. The NoMad Bar on the rooftop which will be overseen by James Beard Award Winner Leo Robitschek.
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The Standard Residences, Midtown Miami Reveals New Renderings Giving Glimpse Of Its Amenities
The Standard Residences, Midtown Miami has revealed new renderings giving a first look at the amenity spaces at The Standard brand’s first residential project. The Standard is recognized around the world for pioneering experiential hospitality through design, culture, and an unmistakable buzz.
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