Witkoff and Ocean Terrace Holdings Reveal New Renderings of the Resort Residences at Ocean Terrace in Miami Beach

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has revealed new renderings of the Resort Residences at Ocean Terrace. The Resort Residences are located in a separate building from the condo tower and boutique hotel. They offer furniture packages designed by RAMSA and the opportunity to be placed within the hotel program for bookings.

Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach. With architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects), Ocean Terrace offers carefully envisioned residences that embrace Miami Beach’s scenic beauty and sophisticated coastal lifestyle. Located directly on the ocean between 74th and 75th Streets with 350 feet of shoreline, the project includes a rare collection of 52 private condominium residences, and a separate tower featuring 24 resort residences all perched above curated retail spaces that enrich the local streetscape. The project also features a separate RAMSA designed historic hotel that has 42 luxury guestrooms. Sales and marketing for Ocean Terrace are exclusively overseen by Douglas Elliman Development Marketing with pricing starting at $6.3M and completion expected in 2029.

With a focus on craftsmanship and timeless design, Ocean Terrace is accentuated by signature touches from the esteemed RAMSA, also known for designing interiors for projects such as Shore Club Private Collection in Miami Beach, as well as 20 East End Avenue and 30 Park Place in New York. The residences include thoughtful finishes such as Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops and chef-caliber Gaggenau appliances, as well as unique features such as private elevators in each home. Ranging from one-bedroom-den configurations to expansive five-bedroom homes in the condo tower to fully furnished one-to four-bedroom residences and penthouses in the resort residences, the interiors combine elements of Miami Modern and Art Deco while taking inspiration from mid-century Brazilian modernism, known for its use of tropical woods, and French modernism. Each home will boast expansive private terraces and uninterrupted views of the Atlantic Ocean, lush parklands, and the Miami skyline—delivering a rare trifecta of ocean, park, and skyline views, a highly sought-after combination in South Florida.

Designed to perfectly balance discretion and connection are Ocean Terrace’s over 18,000 square feet of interior amenities. RAMSA envisioned a sculpted lobby with custom detailing, a state-of-the-art fitness center with ocean views, a curated library, and a tea room with wood-paneled walls, stone flooring, and custom antique-style millwork. Outdoors, approximately 50,000 square feet of amenity space includes a private residential porte-cochere and motor court, a resident-only sunrise lap pool, a sunset pool with cabanas and dining service, and a variety of open-air gathering spaces designed for both relaxation and social connection. Landscape design by ENEA further enhances the harmonious connection between the built environment and the native charm of North Beach.

At the heart of Ocean Terrace lies a five-acre Raymond Jungles-designed park, a reimagined public space that blends nature, art and community. Inspired by iconic urban oases, the park features an art installation by acclaimed Parisian sculptor Prune Nourry. Now open, the park is the first part of Ocean Terrace to debut, leading a resurgence in the neighborhood and setting the tone for its transformation into a lively destination.

In addition to the retail, residential and hotel offerings, Ocean Terrace features an exclusive private Members Club, designed as a refined retreat for residents seeking a more intimate and personalized experience. With dedicated social, dining, and wellness spaces, the club provides a seamless extension of the Ocean Terrace atmosphere in a secluded and refined setting.

Renderings via The Boundary

Past PROFILE Articles about Ocean Terrace:

For more information about Ocean Terrace or to inquire about purchasing a unit please fill out the form below:

Witkoff and PPG Development Top Off The Kobi Karp-Designed 'The Residences at Shell Bay'

Witkoff Group and PPG Development have surpassed major milestone for Shell Bay, a private, 150-acre enclave and one of the nation’s most ambitious private club and residential communities. The property’s premier 20-story condominium tower, The Residences at Shell Bay, has officially topped off. Reaching this benchmark is a significant step toward the tower’s completion and reinforces its position as the most amenitized new development in South Florida. G.T. McDonald Enterprises is serving as the general contractor for the project.

“What we’ve created at Shell Bay simply does not exist anywhere else in South Florida: a championship Greg Norman golf course, all four Grand Slam tennis surfaces, a private marina, world-class wellness and dining, all within a single 150-acre private community serviced by Auberge Collection,” said Alex Witkoff, CEO of Witkoff. “This offering would be extraordinarily difficult to replicate and positions Shell Bay as the definitive destination for luxury living in the Miami region.

With completion slated for 2027, The Residences at Shell Bay is situated at the heart of the region’s most exclusive golf and wellness destination and offers five-star service by the acclaimed hospitality group, Auberge Collection. The tower’s construction achievement builds excitement for its spacious 108 private residences, which will feature unprecedented views of the Intracoastal Waterway, the private 18-hole championship golf course by Greg Norman and the expansive surrounding gardens envisioned by the talented Nievera Williams Design. The news also follows a series of significant milestones demonstrating forward momentum for the project, including the recent closing of a $273 million construction loan from J.P. Morgan and BDT & MSD Partners.

“In a region known for luxury development, opportunities to live within a 150-acre private club are extremely limited,” said Ari Pearl, Founder and CEO of PPG Development. “Shell Bay combines a 20-story residential tower with championship golf, a world-class racquet program, marina access and more, all within a members-only private club. Completing vertical construction is a significant step toward bringing that vision to market.”

As demand for highly amenitized, resort-style living strengthens in the market, The Residences at Shell Bay stands apart as the leading destination prioritizing privacy, wellness, and seamless access to best-in-class lifestyle experiences—all within a single, thoughtfully curated setting. Shell Bay will set a new standard for luxury living in South Florida, representing a once-in-a-generation opportunity for buyers.

With architecture by award-winning firm Kobi Karp Architects, The Residences at Shell Bay comprise a limited collection of one- to four-bedroom homes, each defined by generous floor plans, wraparound terraces, and a seamless connection to the outdoors. Residential interiors by AvroKO, the visionaries behind projects such as 1 Hotel Central Park and The Ritz-Carlton New York, NoMad, introduce a refined yet relaxed residential sensibility, pairing bespoke detailing with a sophisticated, livable approach to luxury.

The residential lifestyle is anchored by Shell Bay Club, an exclusive enclave widely regarded as an athlete’s haven that has led the shift in the luxury market toward club-centric living. The club integrates professional-grade training, recovery and rehabilitation services along with an 18-hole championship golf course, a 12-acre practice facility with a nine-hole Par 3 course, and a Racquet Club featuring all four Grand Slam tennis surfaces, along with pickleball and padel courts. The community also includes a private 48-slip marina with direct access to the Intracoastal Waterway, a members’ clubhouse with an indoor-outdoor wellness spa, elevated event spaces, and multiple dining venues.

Additionally, residents will enjoy a dedicated collection of private building amenities, thoughtfully curated to complement the broader club offering. Highlights include a world-class culinary program, resort-style pools, a full-service medical day spa, and a comprehensive wellness and fitness experience designed to support everyday living at the highest level.

Sales and marketing for the project is handled exclusively by Douglas Elliman Development Marketing, with prices starting at $2 million.

Images via World Red Eye | Renderings via MARCH

PROFILE Development Directory Project and Developer Pages:

Past PROFILE Articles about The Residences at Shell Bay:

For more information about The Residences at Shell Bay or to inquire about purchasing a unit please fill out the form below:

Witkoff and Ocean Terrace Holdings Launch Sales For 'Ocean Terrace' in North Beach, Miami Beach

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. With architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects), Ocean Terrace offers carefully envisioned residences that embrace Miami Beach’s scenic beauty and sophisticated coastal lifestyle. Located directly on the ocean between 74th and 75th Streets with 350 feet of shoreline, the project includes a rare collection of 52 private condominium residences, and a separate tower featuring 24 resort residences all perched above curated retail spaces that enrich the local streetscape. The project also features a separate RAMSA designed historic hotel that has 42 luxury guestrooms.

“True to its name, Ocean Terrace is a development deeply connected to its surrounding ocean vistas,” said Alex Witkoff, Chief Executive Officer of Witkoff Group. “Framed by cinematic views of the water and park, the project features 350 feet of direct ocean frontage and uninterrupted views stretching a mile to the north — with amenities that float above the ground, overlooking the ocean.”

With a focus on craftsmanship and timeless design, Ocean Terrace is accentuated by signature touches from the esteemed RAMSA, also known for designing interiors for projects such as Shore Club Private Collection in Miami Beach, as well as 20 East End Avenue and 30 Park Place in New York. The residences include thoughtful finishes such as Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops and chef-caliber Gaggenau appliances, as well as unique features such as private elevators in each home. Ranging from one-bedroom-den configurations to expansive five-bedroom homes in the condo tower to fully furnished one-to four-bedroom residences and penthouses in the resort residences, the interiors combine elements of Miami Modern and Art Deco while taking inspiration from mid-century Brazilian modernism, known for its use of tropical woods, and French modernism. Each home will boast expansive private terraces and uninterrupted views of the Atlantic Ocean, lush parklands, and the Miami skyline—delivering a rare trifecta of ocean, park, and skyline views, a highly sought-after combination in South Florida.

"Our firm is known for designing buildings, but we were excited to focus our efforts at Ocean Terrace on the interior spaces,” said Paul Whalen, Partner at RAMSA. “We are creating our vision of an authentic Miami Beach life with references to the multiple modernisms that have together created the city we love."

Designed to perfectly balance discretion and connection are Ocean Terrace’s over 18,000 square feet of interior amenities. RAMSA envisioned a sculpted lobby with custom detailing, a state-of-the-art fitness center with ocean views, a curated library, and a tea room with wood-paneled walls, stone flooring, and custom antique-style millwork. Outdoors, approximately 50,000 square feet of amenity space includes a private residential porte-cochere and motor court, a resident-only sunrise lap pool, a sunset pool with cabanas and dining service, and a variety of open-air gathering spaces designed for both relaxation and social connection. Landscape design by ENEA further enhances the harmonious connection between the built environment and the native charm of North Beach.

"Ocean Terrace is a testament to our vision of enhancing North Beach with a blend of timeless architecture and modern living," said Alex Blavatnik, Co-Founder of Ocean Terrace Holdings. "From the curated amenities to the expansive oceanfront views, every detail has been thoughtfully considered to create an undisturbed residential experience that captures the essence of Miami Beach’s sophistication and natural beauty."

At the heart of Ocean Terrace lies a five-acre Raymond Jungles-designed park, a reimagined public space that blends nature, art and community. Inspired by iconic urban oases, the park features an art installation by acclaimed Parisian sculptor Prune Nourry. Now open, the park is the first part of Ocean Terrace to debut, leading a resurgence in the neighborhood and setting the tone for its transformation into a lively destination.

“With acres of beachfront, unobstructed ocean views, a world-class park, luxury retail and hospitality there is truly nothing comparable on Miami Beach," said Sandor Scher, Co-Founder of Ocean Terrace Holdings. “Our goal was to create an iconic residential development that is one-part private oasis and one-part impeccable placemaking. We set out to create a destination elevated to the highest standards while embracing its historic charm and sense of community.”

In addition to the retail, residential and hotel offerings, Ocean Terrace features an exclusive private Members Club, designed as a refined retreat for residents seeking a more intimate and personalized experience. With dedicated social, dining, and wellness spaces, the club provides a seamless extension of the Ocean Terrace atmosphere in a secluded and refined setting.

Sales for Ocean Terrace are now underway, with pricing starting at $6.3M and completion expected in 2029. Douglas Elliman Development Marketing is the exclusive sales and marketing team for the project.

Renderings via The Boundary

For more information about Ocean Terrace or to inquire about purchasing a unit please fill out the form below:

Witkoff and PPG Development Break Ground on Kobi Karp-Designed The Residences at Shell Bay

On the heels of securing a $273 million construction loan, Witkoff Group and PPG Development have officially broken ground on The Residences at Shell Bay, a new condominium set within a 150-acre Mediterranean-inspired enclave. Combining modern sophisticated living with the exceptional amenities of the Shell Bay Club, the new 108-residence tower offers a rarified opportunity to live at South Florida’s most celebrated private resort destination with service provided by the acclaimed five-star hospitality group, Auberge Resorts Collection. Construction is slated for completion in 2027.

“Breaking ground on Shell Bay is a monumental moment for us,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “We are not just creating a place to live, but a legacy of luxury and privacy. This development sets a new standard for what it means to live in South Florida, combining world-class features and an unmatched lifestyle.”

Designed by renowned architect Kobi Karp with interiors by AvroKO, The Residences at Shell Bay is poised to deliver an exceptional residential experience prioritizing exclusivity and comfort. While construction is now underway, buyers at the project can already enjoy immediate and seamless access to South Florida’s first private golf club in 25 years. Currently open at Shell Bay Club is a championship golf course designed by World Golf Hall of Famer Greg Norman, a state-of-the-art 12-acre practice facility complemented by a nine-hole par-3 course, and a Racquet Club that features all four Grand Slam surfaces alongside pickleball and padel courts. Additional facilities such as basketball courts, batting cages, and a children’s discovery playground are also available.

“Shell Bay represents the pinnacle of private club living, offering unparalleled experiences in a serene and sophisticated environment,” said Ari Pearl, Founder and President of PPG Development. “With partners like Auberge, Kobi Karp, and AvroKO, we are creating residences with unprecedented views of the water and fairways and a design that is meant to transport owners to their dream oasis.”

Presenting a unique lifestyle in this highly sought-after destination, The Residences at Shell Bay offers diverse one- to four-bedroom floor plans overlooking the Championship Golf Course and the Intracoastal Waterway. At the heart of the residential design is a strong focus on indoor-outdoor living with open-concept layouts that emphasize elegance and functionality. The building will also have its own collection of private, resident-only amenities that perfectly complement the offerings available throughout the Shell Bay Club and the future 60-key Auberge hotel and spa. The collection features a world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud boasting in-residence dining and house sommelier services, along with a resort-style swimming pool, a full-service medical day spa, and a fitness center with both indoor and outdoor facilities designed for personal or small-group training to refine the wellness experience.

Completing the lifestyle at Shell Bay are additional concierge and housekeeping services, as well as future plans for the club. A 48-slip private marina directly accessible to the Intracoastal Waterway will open in 2027, while a private members’ clubhouse featuring an indoor-outdoor wellness spa, elevated event spaces, and various dining venues is also forthcoming.

Pricing at the Residences at Shell Bay starts at $2 million. Sales and marketing efforts for the project are handled exclusively by Douglas Elliman Development Marketing.

Renderings via MARCH

For more information about The Residences at Shell Bay or to inquire about purchasing a unit please fill out the form below:

Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay

Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades. The financing was provided by J.P. Morgan and BDT & MSD Partners, two premier financial institutions who both have longstanding relationships with the project’s developers. Faisal Ashraf of Lotus Capital Partners represented the sponsors on the transaction.

“We’re proud to work with two of the leading real estate lenders in the United States that believe in our vision,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “With 150 acres of land, Shell Bay represents a last-of-its-kind opportunity for waterfront new development of this scale in South Florida. The residences will be the most extraordinary and amenitized in the area.”

Pearl and Michael Herman’s Premium Capital purchased the property in 2018 and partnered with visionary developers Steven and Alex Witkoff to build Shell Bay Club and the Auberge Hotel and Branded Residences.

“The lifestyle we’re developing at Shell Bay is second to none,” said Ari Pearl, Founder and President of PPG Development. “Achieving this important milestone is a marker of Shell Bays success, and we value the trust our lenders have in us.”

The closing of the loan comes just before the groundbreaking of The Residences at Shell Bay, a 20-story condo tower serviced by Auberge. Featuring architecture by Kobi Karp and interiors by AvroKO, The Residences at Shell Bay is imagined as an oasis for those who live exceptionally. While the 108- residence tower is expected to open in 2027, residents already have immediate access to the amenities within Shell Bay’s idyllic private club setting. The opportunity to enjoy exclusive sporting and leisure experiences in advance of a building’s completion is a rare and hugely appealing draw for clientele in today’s new development market.

Currently open at Shell Bay and available to future residents is a private championship golf course designed by World Golf Hall of Famer Greg Norman, a 12-acre practice facility, nine-hole Par 3 course, a Racquet Club featuring all four Grand Slam surfaces, pickleball and padel courts, basketball courts, batting cages and a children's discovery playground. The destination will also boast a 48-slip private marina for direct water access to the Intracoastal, a private members’ clubhouse with an indoor/outdoor wellness spa, elevated event spaces, an array of dining venues and more. Plans for the boutique 60- key Auberge hotel and spa that will house many of these exclusive experiences are underway.

The Residences at Shell Bay provides a rare ownership opportunity to buyers seeking an elite lifestyle within this coveted destination. Central to the concept is the thoughtful interior design by AvroKO. Open-concept layouts offer panoramic views of the golf course, fairways and Intracoastal Waterway, while the custom kitchens bring high-performance, chef-caliber Gaggenau appliances together with exquisite craftsmanship. This includes finishes like custom white oak cabinetry, honed marble countertops and burnished brass hardware. The residences blur the line between indoor and outdoor living and deliver a true sanctuary for tranquility and refinement.

Further providing an unmatched lifestyle is a private collection of ultra-luxury, resident-only amenities that complement the offerings available throughout the Shell Bay Club and future Auberge hotel. A world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud offers residents private dining, and a resort-style swimming pool, full-service medical day spa, as well as a fitness center with indoor and outdoor facilities prime for personal or small-group training refine the wellness component. Children’s amenities keep kids of all ages happy and engaged, from a children’s play lab and creation studio to a gaming lounge, screening room with candy bar and a game room with bowling alley.

For more information about Shell Bay or to inquire about purchasing a unit please fill out the form below:

Inside PROFILEconnect: A Royal Retreat - Hospitality Real Estate in Miami at Queen Miami Beach

On May 21 PROFILEmiami hosted the sold-out PROFILEconnect: A Royal Retreat An Exploration into Miami Hospitality Real Estate, bringing together Miami’s hottest hospitality real estate developers, owners and operators for a lavish cocktail, PROFILEmiami’s highly-regarded Bespoke Real Estate Networking and panel experience at Mr. Hospitality’s iconic Queen Miami Beach.

The panel explored hospitality real estate in Miami, namely investing in, developing and operating commercial real estate assets with a focus on hospitality including hotels, restaurants, nightclubs, private clubs, golf courses, etc. The panel Miami’s top developers and owners Ronny Finvarb - Finvarb Group, Michael Simkins - E11EVEN Partners / Lion Development, Mathieu Massa - Mr. Hospitality / QUEEN, Alex Witkoff - Witkoff, Robert Rivani - Black Lion Investment Group and moderated by Christian Charre - Berkadia Hotels & Hospitality.

Attendees sipped custom cocktails by E11EVEN Vodka and Esquisito Tequila, plus Bennati Wines and Tripping Animals Brewery, plus indulged in bites of modern Japanese cuisine by Queen’s executive chef Mitchell Hess, while taking in QUEEN’s opulent ambiance, followed by a panel discussion. Attendees included developers Camilo Miguel Jr. Ricardo Dunin, Harvey Hernandez and Pascal Nicolai; as well as real estate celebrities Terek El Moussa and Heather El Moussa. Additionally Miami Beach Commissioner Joseph Magazine and local luminaries Andres Asion, Mike Tamzil and Simon Mass were also in attendance. This was not just a networking event; it was an experience.

Watch the full panel on YouTube:

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Meet our Panelists for PROFILE Royal Retreat Hospitality Real Estate in Miami

On May 21 PROFILEmiami is set to take over the iconic Art Deco landmark and Miami hot spot, QUEEN to bring you an exclusive cocktail and exciting panel discussing hospitality  real estate with Miami’s top developers and owners Ronny Finvarb - Finvarb Group, Michael Simkins - E11EVEN Partners / Lion Development, Mathieu Massa - Mr. Hospitality / QUEEN, Alex Witkoff - Witkoff, Robert Rivani - Black Lion Investment Group and moderated by Christian Charre - Berkadia Hotels & Hospitality. The panelists will explore investing in, developing and operating commercial real estate assets with a focus on hospitality including hotels, restaurants, nightclubs, private clubs, golf courses, etc.

Attendees will sip custom cocktails by E11EVEN Vodka, Bennati Wine Esquisito Tequila and Tripping Animals brewing plus indulge in bites of modern Japanese cuisine by Queen’s executive chef Mitchell Hess, while taking in QUEEN’s opulent ambiance, followed by a panel discussion. This is not just a networking event; it's an experience.

Date: Tuesday, May 21 from 5 - 8 PM

Location: Queen Miami Beach, 550 Washington Ave., Miami Beach

Panelists:

• Mathieu Massa, Mr. Hospitality / Queen

• Michael Simkins, E11EVEN Partners / Lion Development

• Alex Witkoff, Witkoff

• Robert Rivani, Black Lion Investment Group

• Ronny Finvarb, Finvarb Group

• Christian Charre, Berkadia Hotels & Hospitality (Moderator)

Event May 21: Royal Retreat at Queen - Exploring Hospitality Real Estate in Miami

Join us for an exclusive hospitality event on May 21 where PROFILEmiami will take over the iconic Art Deco landmark and Miami hot spot, QUEEN. PROFILEmiami has teamed up with QUEEN Miami Beach to bring you an exclusive cocktail and exciting panel discussing hospitality real estate with Miami’s top developers and owners Ronny Finvarb - Finvarb Group, Michael Simkins - E11EVEN Partners / Lion Development, Mathieu Massa - Mr. Hospitality / QUEEN, Alex Witkoff - Witkoff, Robert Rivani - Black Lion Investment Group and moderated by Christian Charre - Berkadia Hotels & Hospitality.

Attendees will sip custom cocktails by E11EVEN Vodka and Bennati Wine plus indulge in bites of modern Japanese cuisine by Queen’s executive chef Mitchell Hess, while taking in QUEEN’s opulent ambiance, followed by a panel discussion. This is not just a networking event; it's an experience.

Part of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series, the event will bring together Miami’s top real estate industry and business professionals, influencers and fitness enthusiasts, for a fun evening with industry leaders.

Date: Tuesday, May 21 from 5 - 8 PM

Location: Queen Miami Beach, 550 Washington Ave., Miami Beach

Panelists:

• Mathieu Massa, Mr. Hospitality / Queen

• Michael Simkins, E11EVEN Partners / Lion Development

• Alex Witkoff, Witkoff

• Robert Rivani, Black Lion Investment Group

• Ronny Finvarb, Finvarb Group

• Christian Charre, Berkadia Hotels & Hospitality (Moderator)

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Thank You To Our Sponsors

Auberge Resorts Collection to Manage Witkoff's Iconic Shore Club, Auberge Resorts Collection in Miami Beach

Auberge Resorts Collection, an award-winning portfolio of one of-a-kind luxury hotels, resorts and residences, has been appointed by the Miami-based developer Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach. The reimagining of the The Shore Club in the heart of Miami Beach is set to open in 2027 and will see the iconic hotel restored and elevated to welcome the world’s most discerning individuals once again, not just as a hotel, but as one the city’s most exclusive new permanent address’.

A historic landmark both architecturally and socially, The Shore Club has stood at 1901 Collins Avenue in the heart of Miami Beach since 1949, when Albert Anis designed the Art Deco-style hotel within a lush, beachfront oasis – even more verdant today. As an Auberge Resorts Collection property, this world-famous, three-acre playground with 175 feet of oceanfront will encompass not only the original Shore Club and its Art Deco contemporary, The Cromwell Hotel, built in 1939, but also a new 18-story residential tower and a free-standing residential villa, both designed by the globally esteemed Robert A.M. Stern Architects (RAMSA) as the lauded firm’s very first oceanfront project.

“We are excited to expand our urban footprint with the addition of Shore Club in Miami Beach, a place where nature, art, culture and entertainment come together in uniquely compelling ways,” said Dan Friedkin, chairman, Auberge Resorts Collection. “Our proven skill in elevating historic properties through exceptional service and experiences together with Witkoff’s vision and Robert Stern’s exquisite design will transform this legendary address into a dynamic new destination that embodies the unique spirit of Miami Beach. We can’t wait to bring this vision to life.”

Working closely with acclaimed London-based interior design firm Bryan O’Sullivan Studio and Kobi Karp Architecture and Interior Design, RAMSA and Auberge Resorts Collection will ensure that The Shore Club’s historic integrity and character remain intact, celebrating its vibrant past while firmly reinstating it as the centerpiece of a new South Beach era. Just 73 rooms and suites, including a luxurious penthouse, will offer guests the ultimate Miami Beach experience, with direct beach access, five-star amenities set within landscaped botanical gardens and the unparalleled, intuitive service and singular experiences for which Auberge Resorts Collection is known worldwide.

Rising from the shore with awe-inspiring Atlantic Ocean views, the property’s new 200-foot-tall residential tower, will reveal RAMSA’s spin on Miami Beach’s iconic MiMo (Miami Modern) architecture. Curves inspired by the ocean’s fluid form reference the area’s Art Deco heritage, while staggered tiers yield vast, undulating terraces and endless water vistas. The eight-story Cromwell Hotel will be transformed into a discreet private residential entrance from which homeowners will access the 49 exclusive residences. Each will offer its own distinct floor plan and large glass windows that frame dramatic ocean views, blurring the line between indoors and out. Residence interiors touch on the same timeless theme that runs throughout the resort, with rich woods, sinuous lines and brass accents a nod to the materials and forms of classic yachts.

An extremely rare addition to Miami Beach and completely unique to The Shore Club Resort & Residences, Auberge Resorts Collection, is one 8,000-square-foot beach house, also designed by RAMSA. Envisaged for a single family, the fully serviced villa offers its own private entrance, swimming pool and breathtaking, palm-fringed ocean views.

Residents and guests of The Shore Club Resort & Private Residences, Auberge Resorts Collection will be spoilt for choice when it comes to relaxation and entertainment within this private enclave, located just moments from all the city has to offer. Imbued with an intoxicating blend of beach serenity and buzzing urban vibes, the property’s lush green environs seamlessly knit the two historic landmarks and new elements into a cohesive whole, while separating private amenities from those open to resort guests.

Residents will enjoy a state-of-the-art private fitness center, a library, lounge and residents-only pool just steps from the sand, as well as exceptional in-home offerings. They will also be able to take full advantage of all other hotel amenities, including the signature restaurant, set to become the culinary destination of Miami. A buzzing and seductive double-height café and bar will lead to an alfresco lounge, and a world

class indoor-outdoor Auberge spa and fitness center will cater to all wellness needs. Time outside will be savored at the Beach Club, in the cocktail lounge and at three swimming pools flanked by sun terraces and a poolside café and bar.

Alex Witkoff, Co-CEO, Witkoff, notes, “With all their experience and finesse in curating luxury escapes and lifestyles, it gives me great pleasure to have the award-winning team at Auberge Resorts Collection manage our property in Miami Beach. The approach taken by Auberge Resorts Collection is very much in keeping with Witkoff’s ethos of crafting top-tier luxury destinations. This collaboration is complementary in every way and we very much look forward to working with them to reinstate this iconic property on the Miami Beach skyline.”

Says Craig Reid, chief executive officer, Auberge Resorts Collection: “We are delighted to partner with Witkoff and Monroe Capital as we continue to expand Auberge’s presence in global urban destinations. The Shore Club will be a standout destination highlighting Miami Beach as one of the finest locations in which to relax, play and live.”

Meet Our Commercial Panelists For "PROFILEconnect: State of the Market Miami 2023 Presented by the Lighting Studio"

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will bring together some of the top developers, investors, financiers and architects in Miami to discuss the state of South Florida’s real estate markets. The 'State of the Market Miami 2023 Presented by The Lighting Studio’ will feature both a residential panel and a commercial panel matched with a trendy evening soirée of bespoke networking and cocktails by E11EVEN Vodka.

The ‘Commercial RE State of the Market Panel’ will offer an immersive discussion exploring current commercial real estate markets, which asset classes are poised for growth, entertainment & hospitality, capital markets and how are they impacting commercial real estate prices and future market outlooks for multifamily, office, retail, hospitality and industrial real estate. The commercial panel brings together some of the most active developers, investors and financiers in commercial real estate, moderated by one of the leading hotel architects in Miami. Highlighted panelists include hotelier Ronny Finvarb of Finvarb Group, who is currently developing The Thompson South Beach and recently delivered the Kimpton Palomar South Beach; commercial real estate investor Robert Rivani, who has invested over $100 million into world-class restaurant and retail properties in Miami; hotel developer Alex Witkoff of Witkoff Group, who is currently redeveloping The Shore Club Hotel & Residences and Shell Bay; multifamily developer Lisette Calderon of Neology Life, whose developments include Pier 19 Residences & Marina and The Julia; leading financier Scott Wadler of Berkadia who have overseen $2.6 billion in volume and recently oversaw a $270 million loan for 152 NW 8th Street in Downtown Miami and a $215 million construction loan for Wynwood Plaza; and legendary architect Kobi Karp who has recently designed 1Hotel in Miami Beach, and Panorama Tower and The River District in Brickell.

Thank you to our Sponsors:

Meet Our Panelists:

Ronny Finvarb, Principal at The Finvarb Group

Ronny Finvarb, Principal of the Finvarb Group, develops and owns award-winning hospitality projects, including multiple Marriott-branded hotels in Florida, Texas and Arizona, the Kimpton Palomar South Beach and the highly-anticipated, nearly complete Thompson South Beach, among others. Ronny also recently acquired the iconic Macy’s South Beach, the Landon Bay Harbor, including The Palm restaurant, and an assemblage in Deerfield Beach, including JB’s on the Beach, among others.

Ronny holds B.B.A. and J.D. degrees from the University of Miami and is a member of The Florida Bar. He previously served as Executive Director of Business & Legal Affairs for two publicly-traded companies, including a division of General Electric (NYSE: GE), and also for one of the largest privately-held media, entertainment, telecommunications, technology and consumer products organizations in the world, the Cisneros Group.

The Finvarb Group is a real estate development and investment company specializing in developing quality mixed-use hotels in premium urban locations and in emerging and underserved markets throughout the United States. The Finvarb Group owns, develops and invests in areas with strong demand growth and which appeal to both business and leisure travelers alike. The Finvarb Group's hotels are linked by a common thread of excellence, distinctiveness and a passionate commitment to deliver outstanding quality.

Ronny is an active member of YPO, the premier leadership organization of chief executives in the world. In addition, Ronny serves on the following Boards:

• Board Member of the University of Miami Master of Real Estate Development and Urbanism (MRED+U) Advisory Board

• Tulane University School of Architecture Dean’s Advisory Council

• Board Member of the University of Miami Citizens Board

• Founders Board of Mount Sinai Medical Center

Robert Rivani, CEO at Black Lion Investment Group

Robert Rivani, President of Black Lion Investment Group, is an American entrepreneur, retail entertainment innovator and real estate visionary. Born in 1990, Rivani sold his first company–a footwear business–for $150,000 when he was only a teenager. From there, he went on to participate in day trading, only to lose most of his earnings. It was this first foray into the stock market that taught him patience and deliberation when it comes to investing. During the economic downturn of 2008 and 2009, Rivani worked at his family’s property management firm. He soon realized that there were opportunities in buying, flipping and re-selling inexpensive buildings in areas in need of development. He began doing this in Georgia, and then expanded to Wisconsin, Illinois and Texas.

Over time, he would perfect his business model and the art of the 1031 exchange. Rivani became increasingly interested in finding vacant or abandoned sites and transforming them into thriving retail and entertainment destinations. Throughout each process, Rivani always made it a goal to create ways to benefit the community. In 2014, Rivani created Black Lion Investment Group. He named it Black Lion because he feels he is the trend-bucking black sheep of the real estate world, and the lion is his favorite animal. To date, the company has transacted on over $500 million in real estate deals across the United States. Year over year, Rivani and Black Lion have consistently doubled their growth.

“I’m not your typical developer and owner, and never wanted to be. We have strong ambitions as a company, and are not afraid to take risks in this burgeoning new climate for entertainment and lifestyle real estate. As we begin to expand our portfolio, we are going to change the way it's done. I don’t follow trends. I want to set them to ensure future success,” says Robert Rivani.

Rivani sees the overlap of retail, entertainment and dining as a new frontier in real estate. Inspired by Miami’s high energy lifestyle, Black Lion presently focuses on entertainment-focused endeavors spanning from Brickell, Edge Water, Downtown, South Beach and all ever-expanding social scenes in South Florida. Through his company, Rivani has recently acquired the restaurant SLS Brickell, SLS LUX tower featuring the hot new restaurant Gekko with famed restaurateur David Grutman, Amara at Paraiso, One Thousand Museum, One Ocean, Marea and Continuum– all high profile restaurant spaces.

Furthermore, Rivani also has also developed a one of a kind property located in the heart of Wynwood, Miami’s famed creative hub. He acquired the property Wynwood Jungle to achieve this dream by dynamically changing the façade, look and feel of the center including building a 10,000 SF rooftop, all of which garnished 100% occupancy within 12 months of acquisition.

Rivani plans to invest another $100+ million into South Florida in the next year, as companies and individuals alike continue to relocate to the area from across the country. Rivani’s plans are certainly not limited to South Florida as Black Lion Investment Group has owned properties in 14 states. A historical and current profitable business model continues to be the retail power centers. Black Lion Investment Group currently owns a 300K+ SF center in New Jersey and a 100K SF center in Arizona. An early riser and a dedicated athlete (namely tennis and basketball), Rivani credits his disciplined routine for part of his success. His interests in life include spending time with his wife, traveling the world, and enjoying culinary adventures. Rivani has recently enjoyed his move to make Miami his primary home.

Alex Witkoff, Co-CEO at Witkoff Group

Alex Witkoff is responsible for overseeing all aspects of Witkoff’s development activities and operations from strategic development and conceptualization through execution. During his tenure at Witkoff, he has earned a reputation for consistently executing creative strategies across diverse asset classes. He is a key driver behind Witkoff’s mission to create dynamic, multi-faceted spaces that connect people and enrich their communities.

Among other projects, Mr. Witkoff is currently overseeing the development of One Highline, which features 236 residences and a flagship 120 key Faena New York hotel in Manhattan’s West Chelsea neighborhood; the former Diplomat golf club into a private golf club designed by Greg Norman, 100 branded residences, and a boutique hotel; 700 North Miami Avenue, a transit led residential development adjacent to MiamiCentral Station and Miami World Center; the revitalization of the historic Shore Club in Miami Beach; and The Park Santa Monica, a new neighborhood concept in Downtown Santa Monica that combine residential towers, retail, and public spaces. In all cases, Mr. Witkoff created a holistic vision for a new brand that inspires and informs every facet of property development, from architectural and design treatments to amenities and experiences.

In addition to his Witkoff role, Mr. Witkoff serves on the Executive Committee of the Board of Trustees at the Institute of Contemporary Art in Miami. Mr. Witkoff is also a part of Milken Institute’s Young Leaders Circle, which recognizes intellectually curious and philanthropic young professionals, and is a member of United Way’s Tocqueville Society.

Prior to joining the company, Mr. Witkoff honed his expertise in real estate and private equity as a real estate investing analyst at Morgan Stanley.

Mr. Witkoff graduated summa cum laude from the University of Pennsylvania's Wharton School, where he received a B.S. in Economics with a concentration in Finance and Real Estate.

Lissette Calderon, CEO at Neology Life

Lissette Calderon is founder and CEO of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm that specializes in the transformation of undervalued communities into sought-after neighborhoods. Calderon’s rapid rise in South Florida’s highly competitive real estate industry began with her ability to see the potential in overlooked waterfront land along the Miami River, and more recently, the Allapattah neighborhood.

In 2002, with the introduction of her pioneering and trend setting loft-style residential building NeoLofts, and her subsequent building concepts Neo Vertika and Wind by Neo, Calderon is credited with transforming the Miami River District into one of the city’s hippest, most sought-after neighborhoods. With her most recent project on the Miami River, the 199-unit Pier 19 Residences & Marina, Calderon solidified her reputation as the “Queen of the Miami River” and one of South Florida’s most visionary developers.

Today, Calderon is spearheading the revival of another historic Miami neighborhood: Allapattah. Neology completed its first Allapattah residential community in 2021: the 192-unit No. 17 Residences Allapattah. The firm’s second and third Allapattah projects –The Julia, a 323-unit mixed-use apartment and retail project named after Miami’s founding mother Julia Tuttle, and Fourteen Allapattah Residences, delivering 237 apartments to NW 36th Street – will deliver in early 2024. Further up the Miami River– across the street from the future site of Miami Freedom Park – Calderon’s firm is also developing a new 1,200-unit mixed-use, waterfront community on seven acres of land, scheduled to break ground in late 2024.

Neology’s current ownership portfolio consists of 1,200+ apartments recently built or under construction in Miami’s urban core, with another 1,600 apartment units in the predevelopment phase and a pipeline of 2,000 additional units in South Florida and beyond. Combined with 2,000 condo units previously built and sold, this represents a multifamily portfolio of nearly $2 billion.

A first-generation Cuban American, Calderon was born and raised in Miami and earned a Bachelor of Science Degree Cum Laude from The Wharton School at the University of Pennsylvania. She launched her career in real estate at the Related Group, where she eventually was appointed president.

Calderon serves on The University of Miami’s Master of Real Estate Development + Urbanism Advisory Board and is also on the Advisory Board of the SE Florida/ Caribbean Urban Land Institute (ULI) and a member of the International Women’s Forum of Florida. Calderon is involved in numerous community organizations including Amigos for Kids, a nonprofit organization serving the needs of South Florida’s abused, abandoned, and neglected children. She also sits on the Board of the SAM Elimu Charity, an organization that supports the education and lives of children in poverty with high academic potential in Kenya. Today, the organization supports the lives and education of 140 children, including dozens of orphans. Calderon is also the publisher of a lifestyle magazine focused on the Allapattah neighborhood – AllaWay – which she launched in 2022.

Calderon has a Black Belt in Tae Kwon Do and is an equestrian enthusiast. She and her husband live in Coral Gables with their three daughters and three dogs.

Scott Wadler, Managing Director at Berkadia

Scott Wadler is a Managing Director in the Miami office of Berkadia. He is primarily responsible for originating debt and equity placement transactions throughout the southeastern United States, focused across multiple asset classes including office, retail, residential, and lodging. Recent transactions include a $270 million loan for 152 NW 8th Street in Downtown Miami, a $215 million construction loan for Wynwood Plaza, a $165 million debt fund loan at The Dorsey Miami and $50 million of LP equity for Block 45 in Downtown Miami.

Prior to joining Berkadia, Scott was with HFF for ten years. Before joining at HFF, Scott held positions at Related Group of Florida and Fortune International, two of the largest residential developers in Florida.

Moderator: Kobi Karp, CEO of Kobi Karp Architecture & Interior Design

Kobi Karp is the Founder and Principal of the Wynwood-based Kobi Karp Architecture and Interior Design, Inc (KKAID), a full-service architectural and interior design firm providing a vast array of services, ranging from high-rise condominium and hospitality projects to low-rise residential and commercial structures. His restoration design techniques have contributed to a renaissance Miami Beach’s internationally recognized Art Deco District. Kobi’s designs include the Kimpton Palomar South Beach, The Four Seasons at The Surf Club, Palazzo Del Sol Fisher Island and the Four Seasons Fort Lauderdale.

About PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will delve into the 'State of the Market Miami 2023 Presented by The Lighting Studio’. The experience will feature two panels featuring some of the biggest players in Miami’s real estate industry as they discuss the state of Miami’s commercial and residential real estate markets, matched with a trendy evening soirée of bespoke networking and cocktails.

Immerse yourself in Wynwood’s high-energy atmosphere at the luxurious Eclectic Elements Showroom for bespoke networking and cocktails highlighted by two engaging panels exploring the ‘Residential State of the Market’ & ‘Commercial RE State of the Market’. The relaxed and open PROFILEconnect setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, continuing post-panel with cocktails by E11EVEN Vodka and sounds by local Miami-based DJ DAKAP.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

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