Residential Real Estate News
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Residential Real Estate News
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.
Flagg Family Capital, in partnership with Carolwood LP, has officially listed its newly rebuilt Mediterranean villa on North Bay Road for $10 million with Jordan Karp LLC, marking one of the most compelling non-waterfront offerings to hit Miami Beach this season.
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has secured a $138.5 million construction loan from BDT & MSD Partners (“BDT & MSD”), through its affiliated funds, and BHI, the U.S. Bank of Bank Hapoalim, B.M. for Ziggurat, a mixed-use development that will enhance the heart of Coconut Grove, while ensuring homage to the area’s deep history and heritage.
Real estate development and investment firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.
Robert Rivani, Founder of disruptive real estate firm RIVANI, has acquired a premier waterfront estate on Miami Beach’s exclusive Palm Island for $23 million. The property is set to undergo a multi-million-dollar transformation into one of the island’s most prestigious private residences.
Related Ross has officially topped out South Flagler House, the developer’s first luxury condominium in Florida, at 28 stories. The milestone comes just one year after the start of vertical construction at the development, which is located at 1355 South Flagler Drive in West Palm Beach.
Dezer Development, in collaboration with Bentley Motors, has completed the mat foundation concrete pour for Bentley Residences Miami, the world’s first and only Bentley-branded residential tower, located at 18401 Collins Avenue in Sunny Isles Beach. Executed in partnership with Coastal Construction, the milestone marks a new record for the largest residential construction pour in the state of Florida.
In Miami’s pre-construction market, where competition is fierce and buyer expectations are higher than ever, standing out takes more than prime location and beautiful design. It requires a sales experience that is as elevated as the residences themselves. At Alhambra Parc Residences in Coral Gables, that competitive edge comes from BLACKLINE, a platform built to power sales and transform the way buyers connect with new developments.
On Thursday, December 11, 2025, PROFILEmiami will host the 2nd Annual ‘Ultra-Luxury Real Estate & Spec Home Summit 2025,’ an exclusive evening dedicated to the booming world of South Florida’s most opulent residences.
An iconic property originally commissioned by Joanie and Murray Goodman in 1975 has been listed for $185 million with Illustrated Properties, offering a rare acquisition opportunity in Palm Beach. Representing one of the largest oceanfront parcels to become available, the estate encompasses 2.21 acres and 250 feet of private Atlantic Ocean frontage.
South Florida-based real estate development firms CMC Group and Fort Partners have broken ground on Four Seasons Private Residences Coconut Grove, the highly anticipated luxury development marking the global brand’s first standalone residential offering in Florida.
In Miami, luxury real estate is defined not only by design, but by energy that moves through a space, the experiences waiting beyond each threshold and the connections that shape community. Embracing this philosophy, development partners Black Salmon, The Boschetti Group, and Constellation Group – in collaboration with HQ Hotels & Residences by sbe – have launched sales for HQ Residences Miami.
Pagani Residences, the world’s first residential project designed by the Italo-Argentine automaker Horacio Pagani, has revealed its two crown jewel penthouses. Priced at $30 million and $28.5 million, respectively, the residences soar above Biscayne Bay, offering an unparalleled blend of architectural innovation, Italian artistry, and rare perks found nowhere else in the world.
Swire Properties, Inc. has officially launched sales of the North Tower of The Residences at Mandarin Oriental, Miami. Part of the unparalleled residential and hospitality destination that is The Residences at Mandarin Oriental, Miami, The Residences’ North Tower will feature 70 two- to four-bedroom Private Residences and what is destined to be Mandarin Oriental’s new North American flagship hotel.
MG Developer, has announced the official groundbreaking and sales launch of The George Residences, its final and most prestigious development in the award-winning Biltmore Square community. Located at 717 Valencia Avenue, this limited collection of 13 ultra-luxury townhomes marks the culmination of MG Developer’s decade-long vision to redefine luxury living in Coral Gables.
Cipriani Residences Miami, the first-ever ground-up residential building by the world-renowned Cipriani brand in the Americas, has surpassed a major construction milestone underscoring not only its rapid vertical ascent but also its emergence as Miami’s definitive premier tower.
National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.
Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach.
Rosso Development, Midtown Development, and Proper Hospitality announce that the transformative $2 billion Midtown Park master plan—a multi-tower, two phase development introducing residences, offices, dining, retail, parks, and one of the most ambitious racquet and padel destinations in the U.S.—has officially received approval from the City of Miami’s Urban Development Review Board.
META Development has launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Designed by Brazilian architecture studio OSPA and sold exclusively by the Eklund | Gomes Team at Douglas Elliman, the five-story project features just 38 residences starting at $3.3 million, blending refined architecture, privacy, and a distinct sense of place.
Newgard Group and Two Roads Development closed on $513 million in construction financing for their One Brickell Riverfront project in Miami’s financial district, making it one of the largest residential construction loans in the South Florida market this year.
Witkoff Group and PPG Development announced that The Residences at Shell Bay, a new Auberge-branded condominium inside the private 150-acre, Mediterranean-inspired Miami enclave, has gone vertical, with the first few levels of the 20-story tower now complete.
The Standard Residences, Brickell has revealed new renderings highlight the building’s 32 penthouses, including eight upper penthouses with 10-foot ceilings and panoramic skyline and water views.
Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.
Grupo T&C, a leading international developer, has announced that Edge House Miami, a 56-story luxury home-sharing tower designed by Kobi Karp, has officially received approval from the City of Miami’s Urban Development Review Board.
The Allen Morris Company, one of the most renowned real estate firms in the Southeast U.S., celebrated the kick-off of the fall season with an intimate evening showcasing its latest luxury developments in Coral Gables – Ponce Park.
The new sales gallery for Cora Merrick Park – the first wellness-oriented residences in Coral Gables – is now officially open at 4200 Laguna Street in Coral Gables. On Tuesday, Sept. 30, developers Constellation Group and The Boschetti Group celebrated the grand opening of the gallery with Douglas Elliman Development Marketing.
On Thursday, September 18, 2025, PROFILEmiami hosted the Second Annual PROFILEmiami Pre-Construction Development Summit 2025 Presented by The Delmore Surfside at the stunning Luminaire Flagship showroom in Coral Gables.
Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.
The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.
In today’s amenity arms race, a picturesque pool isn’t just a nice-to-have — it’s an expectation. As buyers crave outdoor spaces that let them refresh, escape and soak in the summer rays, pools have become a key differentiator for design-forward developments, and ELLE Residences Miami's new rooftop pool deck renderings illustrate how luxury living extends beyond interiors.
