Alex Witkoff of Witkoff Group and Shore Club Private Collection (Photo by Glen Allsop, Rendering via The Boundary)

Witkoff Group and Monroe Capital Close On Record-Breaking Loan For Shore Club Private Collection

July 21, 2023

Witkoff Group, a Miami-based development and investment firm, and Monroe Capital, a premier asset management firm, have closed on a $430 million construction loan for Shore Club Private Collection, which is on track to be one of the fastest-selling luxury developments in Miami Beach’s history. Financed by J.P. Morgan, the loan is believed to be the largest for a residential construction project in South Florida.

Nick Kyrgios trying YUPIX Meta-Reality™ at the E11EVEN Residences Beyond Sales Gallery - Image via World Red Eye

Nick Kyrgios Spotted Shopping For Miami Real Estate at E11EVEN Residences Beyond in Downtown Miami's District 11

July 21, 2023

No Wimbledon, No Problem: Controversial Australian tennis star Nick Kyrgios pulled out of the 2023 Wimbledon last minute due to a wrist injury but seems to be enjoying himself away from the court while he rehabs his wrist. At the 2022 Wimbledon, Kyrgios lost in the finals to Novak Djokovic, who, on Sunday (July 9, 2023), was back in London playing at Wimbledon, where he won an intense match against Herbert Hurkacz to advance to the quarterfinals.

PMG and Greybrook Lock Down $226 Million Construction Loan For Phase 2 Of Society Las Olas

July 20, 2023

Leading real estate development firm PMG and private equity firm Greybrook have secured $226 million in construction financing for phase two of Society Las Olas, a 42-story apartment community located in Downtown Fort Lauderdale at 140 SW 2nd St. The loan was provided by Related Fund Management and Lubert-Adler. John Moriarty & Associates is the general contractor of Society Las Olas’ second phase, which is currently completing groundwork and is slated for completion in Q1 2026.

Honoring Tradition, Defining the Future: The St. Regis Residences, Miami

July 19, 2023

The St. Regis New York, founded by the visionary John Jacob Astor IV in 1904, played a pivotal role in the evolution of New York City’s Fifth Avenue. Rising as the tallest structure of its time, this architectural masterpiece not only reshaped Manhattan’s skyline, but also served as a pioneering model for innovation and excellence that revolutionized the hospitality industry.

Diesel Opens New Location In Miami Design District

July 19, 2023

Diesel has opened a new store in the heart of Miami’s Design District. Located at located at 81 NE 41st Street, the space reflects the brand’s signature bold attitude and its recent transformation under the Creative Direction of Glenn Martens. This store also introduces a new retail design concept that will serve as the visual vocabulary connecting Diesel’s global store fleet.

MG Developer Locks Down $67.5 Million Construction Loan For The Village at Coral Gables

July 19, 2023

MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July. Located at 535 Santander Avenue, is a 48-residence collection that will pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”

Reserve to Open World-Class Padel Club at SoLé Mia

July 19, 2023

Reserve, the leading lifestyle padel brand established by entrepreneur Wayne Boich, in collaboration with SoLé Mia, the 184-acre, master planned North Miami community developed by LeFrak and Turnberry, today announce the anticipated addition of Reserve Padel club to the growing development project, expected to open fall 2024. Serving as the brand’s first permanent location in the world, Reserve Padel at SoLé Mia, will be located at 2251 NE 146th Street.

Fisher Brothers Reveals Wynhouse Miami, Mixed-Use Multifamily Development in Wynwood

July 19, 2023

Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, today announced the start of construction of Wynhouse Miami, a mixed-use multifamily development in the heart of Miami’s Wynwood neighborhood. Wynhouse Miami will rise eight stories and offer 308 rental residences, approximately 26,000 SF of ground floor retail and paseo space and nearly 25,000 SF of expansive indoor and outdoor amenities.

MG Developer Appoints Diego Torrealba As Senior Vice President

July 14, 2023

MG Developer, a residential developer with headquarters in Coral Gables and currently the most active developer in Hialeah, is pleased to announce that it has named Diego Torrealba as its new Senior Vice President of Real Estate Development at MG Developer. Torrealba brings a wealth of industry experience and expertise to his new role.

Step Inside A Contemporary Waterfront Estate In Boca Raton's Prestigious 'The Sanctuary' Community Asking $16 Million

July 12, 2023

A newly constructed contemporary waterfront estate located in Boca Raton’s prestigious community, The Sanctuary, has listed for $16 million. The brand-new residence offers a bright and cheerful Southern Exposure, bathing the home in natural light, as well as captivating 30 ft ceilings at the entry, creating magnificent art walls, a blank canvas for any art enthusiast.