SCAROFA Properties, a third-generation family business, has begun construction on Pine Park Villas, a luxury townhome enclave in the Village of Pinecrest featuring a limited collection of 18 residences. The private community is the unique vision of Stephane Rosarion, principal of Miami-based SCAROFA Properties, which is developing the $32 million project.
Read More
Construction Powering Forward At Finvarb Group's Thompson Hotel South Beach
Construction is powering forward at Thompson Hotel South Beach which is being developed by Finvarb Group, led by Ronny Finvarb, and Chahine Investment Corp. The mixed-use project is designed by world-renowned French architect Rudy Ricciotti and is being developed on a .7 acre site at 1685 Washington Ave. When complete the building will feature a 150-room hotel which will be branded as a Thompson Hotel by Hyatt.
Read More
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.
Read More
Mast Capital Breaks Ground On Second Phase Of Waterline Miami River Multifamily Development
A partnership between Mast Capital and global real estate investment firm AEW Capital Management has launched the second phase of Waterline Miami River, which will bring the full development to a combined 688 apartment units. The second phase will consist of 342 rental units on a 2.7-acre development site.
Read More
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.
Read More
Royal Palm Companies Locks Down 3rd Largest Construction Loan In Florida History For Legacy Hotel & Residences
Royal Palm Companies, led by Dan Kodsi, has locked down a $340 million construction loan from Silverstein Capital Partners for the sold-out Legacy Hotel & Residences in Miami Worldcenter in Downtown Miami. The loan represents the third largest construction loan in Florida history.
Read More
JDS Development Completes Phase 1 Of Site Work At 1 Southside Park in Brickell
JDS Development Group, led by Michael Stern, has completed the first phase of site work at 1 Southside Park, a new world-class mixed-use luxury tower in the heart of Brickell. The developer has completed soil mixing on a portion of the site and has moved onto soil mixing at another site on the assemblage.
Read More
Aston Martin Residences At 300 Biscayne Way Tops Out As Tallest Residential Building South of NYC
Aston Martin Lagonda and developer G&G Business Developments have topped out Aston Martin Residences at 300 Biscayne Boulevard Way in Downtown Miami. The luxury residential tower now reaches the 66th and final residential floor and has taken its place in the aspirational Miami skyline.
Read More
The Estate Companies and PTM Partners Complete Soleste Grand Central Miami's First Large-Scale Opportunity Zone Development
Co-developers The Estate Companies (EIG) and PTM Partners (PTM) have announced the completion Soleste Grand Central. The highly anticipated eight-story, 360-unit rental development at 218 NW 8th St. is the first large-scale ground-up opportunity zone development to be delivered in Miami-Dade County.
Read More
R&B Realty Group's Kobi Karp-Designed The Gateway at Wynwood Nears Completion Revealing Vibrant Mural
The Gateway at Wynwood, a Class A office building developed by R&B Realty Group and designed by renowned Miami architect Kobi Karp, is nearing completion. The long-awaited exterior garage cladding, which depicts a vibrant mural, has been fully installed just in time for Art Basel next month.
Read More