The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.
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Kobi Karp, Dan Kodsi, Katya Demina, Michael Simkins, Demetri Demascus and Dan Kaplan
Inside PROFILEconnect: The Evolution of Downtown Miami Into a Global Cultural And Business Hub
On Tuesday, November 15th, PROFILEmiami teamed up with PARAMOUNT Miami Worldcenter, Royal Palm Companies, PMG and E11EVEN Partners to host PROFILEconnect: The Evolution of Downtown Miami into a Global Cultural and Business Hub. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate and business leaders
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Largest Penthouse In The United States Sold At Waldorf Astoria Residences Miami
The crown-jewel penthouse at Waldorf Astoria Residences Miami, which will become the largest penthouse in the United States high-atop Miami’s first supertall tower, has sold for an undisclosed price. The five-story, 33,000+ square foot “Mansion in the Sky” will be the tallest residential unit south of Manhattan.
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Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami
The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT).
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PMG and Greybrook Celebrate Revealing Of The Elser Hotel & Residences With Sunset Soirée
On Wednesday, August 3rd, PMG and Greybrook hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne.
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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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Logan Paul, Jake Paul and Julia Rose experience YUPIX meta-reality at E11EVEN Hotel & Residences
PMG and YUPIX Expand Partnership To Launch New Projects In Meta-Reality
YUPIX, an immersive technology platform that is revolutionizing the real estate industry, has expanded their partnership with nationwide developer PMG following unparalleled sales in their first project together, E11EVEN Hotel & Residences, co-developed by E11EVEN Partners. This second phase in the ongoing partnership puts four exclusive new residential towers across Miami in front of high-net-worth buyers through multisensory meta-reality tours before construction begins.
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PMG Partners With Prop-Tech Company Sentral To Develop Dual-Tower Multifamily In Brickell
National investment, development, and asset management firm PMG, and Sentral, the rapidly expanding prop-tech company creating the world’s largest flexible living community, have announced a partnership to develop a two-phase, 803-unit multifamily community with more than 15,000 square feet of retail space in the heart of Miami’s Brickell neighborhood.
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Florida's First Supertall Tower Waldorf Astoria Miami Reaches 72% Sold Just Months After Launching Sales
PMG, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT) have announced that Waldorf Astoria Miami has sold 72% of its residential inventory in 9 months since launching sales.
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Jake Paul and Logan Paul Revealed As Purchasers Behind E11EVEN Residences Beyond Penthouses Asking $20.5 Million Each
Jake and Logan Paul have been revealed as the purchasers of two penthouses atop the planned E11EVEN Residences Beyond condo tower in Downtown Miami. Jake Paul and Logan Paul are social media and YouTube personalities who turned into professional boxers.
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