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Melo Group Locks Down $99 Million Refinancing For Miami Plaza Apartment Tower In Downtown Miami

Melo Group Locks Down $99 Million Refinancing For Miami Plaza Apartment Tower In Downtown Miami

May 3, 2021

Melo Group has locked down a $99 million refinancing for its recently delivered transit-oriented Downtown Miami apartment tower, Art Plaza. The 36-story, 425-unit Art Plaza, which is located at 1500 Northeast Miami Plaza, is now 95% leased after Melo Group delivered the building in July 2020.

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In Commercial, Development, Development News, Downtown, Finance & Banking, Multifamily, New Construction, News, News & Features, Rentals, Invest, Investment News Tags Melo Group, News & Features, News, Banking, Financing, Finance, Finance & Banking, Multifamily, Development, Development News, Commercial, 1500 Northeast Miami Plaza, Miami Plaza, Aztec Group, Peter Mekras, Freddie Mac, Martin Melo, Jose Melo, Carlos Melo, Jose Luis Melo, Downtown, Downtown Miami, Invest, Investment News, Private Equity, New Construction, Rentals, May 2021, May 2021 2
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Melo Opens Miami Plaza Tower In Downtown Miami's Arts + Entertainment District, Marking Milestone 2,300+ Units Completed In 5 Years

Melo Opens Miami Plaza Tower In Downtown Miami's Arts & Entertainment District, Marking Milestone 2,300+ Units Completed In 5 Years

July 20, 2020

Melo Group, one of Miami’s most active residential development firms, has transformed and activated Downtown Miami’s Arts & Entertainment District with attainable, transit-oriented multifamily product for local residents.

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In Commercial, Construction News, Construction Update, Construction, Downtown, Arts + Entertainment Dist, Multifamily, Mixed Use, New Construction, News, Rentals, Residential Tags Melo Group, Downtown, Downtown Miami, downtownmiami, Miami Plaza, News, Construction News, Construction, Construction Update, Residential, Rentals, Apartment Rentals, Apartments, New Construction, Arts + Entertainment Distr, Arts + Entertainment District, Carlos Melo, Martin Melo, 1500 Northeast Miami Plaza, Commercial, Miami-Dade Metromover School Board Station, Jose Luis Melo, Multifamily, Mixed Use
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Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development 2.png
August 5, 2026
Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development
August 5, 2026

A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.

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August 5, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical 6.JPG
August 4, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical
August 4, 2026

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase.

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August 4, 2026
Penthouse at St. Regis Residences, Miami Under Contract For $47 Million 6.jpg
August 3, 2026
The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
August 3, 2026

A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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August 3, 2026
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