Rendering via Binyan Studios
The St. Regis Residences, Sunny Isles Beach, Miami, has launched sales of the much-anticipated North Tower, marking another milestone following the success at 80% sold South Tower, which started converting reservations to contracts in May of 2023.
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Demetri Demascus, Co-Founder of PROFILEmiami and Miki Naftali of Jem Residences
PROFILEmiami had the opportunity to sit down with legendary real estate developer and investor Miki Naftali of Naftali Group to discuss his career and first project in Miami, the recently launched Jem Residences Miami. Miki Naftali is the Chairman and CEO of Naftali Group which he established in 2011. Miki has acquired, developed, and managed over $15 billion and 31 million SF in real estate assets. PROFILEmiami joined Miki at the Jem Residences Sales Gallery to learn about his career and why he set his sights on Miami to develop his next project.
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Nestled amidst the waters of the Florida Keys sits a rare opportunity, a 26 acre Private Island plus an additional waterfront mainland home within Ocean Reef Club. The private island island features a pool home, 12 one-acre developable waterfront lots, a 20-slip marina capable of accommodating a mega-yacht, three separate apartments, dockmaster office, a white sand beach and two tennis courts which convert to a helipad for a 10 minute flight to Miami.
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Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing for the development. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan, which was provided in 2021 by Bank OZK. Completed in Summer 2023, Natura Gardens includes 460 garden-style rental apartments across 23-acres in Miami’s West Hialeah neighborhood.
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Smart commercial real estate principals love finding the deal no one else knows about. Yet there’s an obvious deal out there that’s routinely being ignored - something that residential real estate brokers have been taking advantage of for years while CRE entities have been missing out. It’s a stream of impressive profits being left untouched, staring commercial principals in the collective face.
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Reggaeton artist Nicky Jam has sold his bayfront condo at One Thousand Museum by Zaha Hadid Architects in Downtown Miami’s Park West District 11 for $7 million. Nicky Jam acquired the residence at 1000 Biscayne Blvd in 2021 for $5.7 million at the ultra-luxury building which features only 84 private residences and six-star services.
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As Miami continues to evolve as an international destination for culinary innovation and vibrant nightlife, Villa One Tequila, co-founded by celebrities Nick Jonas and menswear designer John Varvatos, is bringing the essence of Mexico’s finest to Miami Worldcenter, the $6 billion mixed-use development activating Miami’s urban core.
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(L-R) Demetri Demascus, Co-Founder PROFILEmiami; Raul Llanes, City National Bank; Michael May, Silverstein Capital; Dan Kodsi, Royal Palm Companies; Katya Demina, Co-Founder PROFILEmiami; Matthew Einheber, Title EQ; Justin Oates, Cain International; Juan Pedro San Martin, Merrimac Ventures
On Wednesday February 7, 2024 PROFILEmiami hosted its inaugural, sold-out South Florida Capital Markets Summit at the E11EVEN Residences Beyond sales gallery in Downtown Miami’s fast growing District 11 and Miami Worldcenter. The exclusive panel featured industry leading developers Dan Kodsi of Royal Palm Companies, Juan Pedro San Martin of Merrimac Ventures and financiers Raul Llanes of City National Bank, Michael May of Silverstein Capital and Justin Oates of Cain International; moderated by Matt Einheber of TitleEQ.
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The final Sky Penthouse at the Aston Martin Residences has sold as the building nears completion. The iconic glass waterfront 69-story, 817’ tower is now an iconic part of the Miami skyline on the Miami River. Sky penthouse,unit 5901 offers an unmatched 9,573 square feet of luxurious indoor living space.
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This Valentine's Day, immerse yourself in pure luxury with our handpicked selection, designed to infuse every moment with warmth and romance. Picture this: soft candlelight flickering, a glass of fine wine in hand, and the air filled with the intoxicating scents of Diptyque. From the timeless charm of Brunello Cucinelli to the impeccable craftsmanship of Bottega Veneta, our collection is a testament to elegance and refinement.
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