Affiliates of Gencom, an international owner, developer and manager of hospitality and residential properties, has retaken majority ownership in the 291-key Ritz-Carlton Key Biscayne. The transaction was financed by Citigroup and affiliates of KSL Capital Partners, LLC for an undisclosed amount.
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MOTEK Opens Largest Location To Date In Brickell City Centre
MOTEK, the acclaimed Israeli Mediterranean-inspired bistro, has continued its expansion with the opening of a new location at Brickell City Centre. Known for its vibrant flavors and genuine interpretation of traditional Mediterranean-inspired cuisine, MOTEK’s largest expansion extends its reach within one of the city's premier culinary destinations.
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Panther National Opens Bringing First New Private Golf In Two Decades To Palm Beach County
Panther National, the first new private golf club to open in Palm Beach County in two decades, officially opened its golf course on November 17, designed by legend Jack Nicklaus and PGA TOUR star Justin Thomas, a first-time collaboration for the pair. Envisioned by Swiss developer, Dominik Senn, the highly anticipated club brings a luxury residential enclave and championship golf to South Florida.
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Famed Mexico City-Based Hospitality Group Opens Giorgina by Grupo Mandolina In Wynwood
Grupo Mandolina, the creators of a renowned Italian restaurant concept hailing from the vibrant streets of Mexico City, have officially opened Giorgina by Grupo Mandolina in the heart of Miami’s Wynwood neighborhood. The highly anticipated al fresco gastronomic gem opened on November 21 bringing an authentic taste of Italy to the Magic City.
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Toku Modern Asian Cuisine Opens In Aventura Mall
Toku, by Poll Restaurants, has opened in the Aventura Mall offering modern Asian cuisine, an expansive cocktail program and a moody yet inviting ambiance. In 2007, brothers Gillis and George Poll opened Toku at Americana Manhasset in Long Island. With a portfolio of successful steakhouse, seafood and Italian concepts, the Poll brothers decided to try something new with Asian fare.
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Rosso Development, Standard International and Midtown Development Lock Down $45.045 Million Construction Loan For Standard Residences, Midtown Miami
Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
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Rendering via BINYAN Studios
FIRST ON PROFILE: Terra Unveils Plans For Mr. C Hotel & Residences in West Palm Beach With Signature Bellini Restaurant
FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.
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Related Group and Tricap Break Ground On Hospitality-Infused Wynwood Condo 'NoMad Residences Wynwood'
Related Group, together with Manhattan-based developer Tricap, has broken ground on NoMad Residences Wynwood, the first residential concept from the global hospitality icon, NoMad Hotels, and its parent company, Sydell Group. Located just steps from Miami’s world-famous Wynwood Walls, the nine-story condominium tower boasts an eclectic, modern design crafted by the world’s preeminent design talents with architecture by Arquitectonica and interiors by the renowned DesignAgency.
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Kastrati Group Acquires SLS Brickell Hotel For $55 Million In An Off-Market Cash Transaction
Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
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PROFILE Exclusive: 12 Questions With Restaurant and Entertainment Mogul Mathieu Massa of Queen
PROFILEMiami had the exclusive opportunity to sit down with hospitality mogul and real estate investor Mathieu Massa, who recently opened Queen, one of Miami’s hottest new restaurants in the historic Paris Theater on Miami Beach’s Washington Avenue. Mathieu leads Mr. Hospitality Group, which has opened hotspots such as Marion, El Tucán and Queen.
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