Ken Griffin Acquires $1.1 Billion Mana Wynwood Portfolio in Largest Land Assemblage Deal in Florida History

Wynwood is set for another major transformation following the $1.1 billion sale of the Mana Wynwood portfolio to billionaire Citadel founder and CEO Ken Griffin, marking the largest land assemblage transaction in Florida history and paving the way for a new 35-acre Carnegie Mellon University campus in Miami.

The transaction transfers one of Wynwood's largest consolidated property assemblages from investor and developer Moishe Mana to Griffin. Rather than pursuing a conventional mixed-use redevelopment of the sprawling portfolio, the property is planned to become Carnegie Mellon University Miami, establishing a major new academic, research and innovation hub within the neighborhood.

The Miami campus is part of Griffin's newly announced $3 billion commitment to Carnegie Mellon University, with approximately $2 billion dedicated to establishing the university's Miami presence, including the value of the Wynwood real estate.

Carnegie Mellon plans to begin enrolling students in Miami in 2028, with the campus eventually expected to accommodate more than 3,500 students, approximately 300 faculty members and more than 600 staff. Construction could begin as early as next year.

The new campus is planned to incorporate research facilities and spaces connecting academia with industry and entrepreneurship. Carnegie Mellon is internationally recognized for programs including computer science, artificial intelligence, engineering and robotics.

The acquisition encompasses approximately 35 acres in Wynwood, including the property associated with Mana Wynwood at 318 NW 23rd Street. The existing complex is anchored by a convention center and has become a major destination for events including the III Points music festival.

The transaction arrives as Wynwood continues its evolution from an industrial and arts district into one of Miami's fastest-growing mixed-use and residential neighborhoods. New condominium and multifamily developments, offices, hotels, restaurants and retail have introduced a growing permanent population to an area once dominated by warehouses, galleries and nightlife.

A university campus of this scale introduces another major component to that transformation. Thousands of students, faculty and staff could establish a substantial year-round population while generating additional demand for housing, restaurants, retail and businesses throughout Wynwood and surrounding neighborhoods.

Griffin had already expanded his presence in Wynwood earlier this year through the acquisition of the 545Wyn office building at 545 NW 26th Street for more than $180 million alongside Goldman Properties.

The $1.1 billion acquisition and planned 35-acre Carnegie Mellon University Miami campus represent a significant new chapter for Wynwood, adding education, research and technology to a neighborhood already undergoing substantial residential and commercial growth.

Past PROFILEmiami articles about Ken Griffin and Moishe Mana’s Miami real estate investments:

Carson Beck’s Impact on Miami’s Economy and the University of Miami

When quarterback Carson Beck transferred to the University of Miami, most headlines centered on his potential to reshape the Hurricanes’ offense. But in Miami, a city where culture, business, and lifestyle converge, the impact of a star player extends far beyond the field.

Since his arrival in Coral Gables, Beck has done more than command the huddle—he has elevated the university’s national visibility. A statement win over Notre Dame helped propel the Hurricanes into the Top 5 rankings, positioning the program as a contender once again. That visibility carries meaningful financial implications for both the university and the greater Miami market.

The Economics of Winning

Winning football is winning business. The University of Miami’s athletic department reported $182.5 million in revenue in fiscal year 2023-24, with football serving as the cornerstone of that success. Over the past three years, the program has averaged $75.5 million annually, underscoring its role as the university’s financial engine. Analysts now value the Hurricanes’ football brand at more than $600 million, placing it among the upper tier of college athletics.

Beck’s leadership and high-profile victories are catalysts for further growth across multiple revenue streams—ticket sales, alumni giving, corporate sponsorships, and merchandise. The Notre Dame game, in particular, sparked renewed enthusiasm, boosting not only gameday receipts but also donations and long-term support.

Ripple Effects Across Miami

For the city, nationally relevant UM football weekends resemble cultural tentpoles like Art Basel or the Formula 1 Miami Grand Prix. Hotels see thousands of additional room nights booked, restaurants experience surges in reservations, and nightlife venues thrive as alumni and visitors descend on the city. These spikes translate into millions of dollars in incremental local spending.

The upcoming primetime showdown against Florida is expected to have a similar effect. With University of Miami ranked No. 5, the game will attract national media coverage, traveling fans, and a significant television audience—further reinforcing Miami as a global destination for both sports and lifestyle.

Real Estate and Brand Miami

Sports success also bolsters Miami’s broader brand. A Top 5 University of Miami Hurricanes team competing under the lights strengthens the city’s positioning as a dynamic, upward-moving market. For developers, brokers, and investors, this visibility helps fuel narratives of vibrancy and growth—critical in attracting corporate relocations, institutional capital, and high-net-worth buyers.

In Coral Gables, University of Miami’s resurgence adds depth to housing demand, retail vibrancy, and mixed-use momentum. Across Miami’s urban core, student activity, alumni engagement, and visitor spending create additional layers of demand that touch hospitality, residential, and commercial sectors alike.

A Moment of Momentum

Beck’s upcoming matchup against Florida is more than a football game—it is a moment of leverage. A win would solidify Miami’s return to the national elite and generate another wave of attention with measurable financial returns.

For developers, brokers, and investors—the lesson is clear: when the Hurricanes thrive on the field, Miami thrives off it. Carson Beck’s transfer has already proven to be more than an athletic storyline; it is an economic spark that reinforces the city’s standing on the national stage.

Learn more about University of Miami Herbert Business School’s Accelerated MBA in Real Estate:

Gilbane and Palm Beach Atlantic University Finalize $240 Million Mixed-Use Student Housing Development in Downtown West Palm Beach

A major new development is set to reshape downtown West Palm Beach as Gilbane, in partnership with Palm Beach Atlantic University (PBA), has reached financial close on a $240 million public-private partnership aimed at expanding student housing and enhancing the city’s urban core. The project, approved by the Palm Beach County Board of Commissioners, will deliver a 25-story, mixed-use student housing tower at the intersection of Acacia Road and Dixie Highway, adding much-needed residential capacity for the university’s growing student population.

The 319,000-square-foot development will include 990 student beds across 275 apartment-style units, along with extensive amenities designed to enrich campus life and foster community engagement. Additional components include a 28,000-square-foot dining hall, a 14,000-square-foot fitness and recreation center, and an 8.5-level parking garage offering 704 spaces, as well as over 230 stalls for bicycles and e-bikes. The project is funded through revenue-backed bonds issued by Palm Beach County, ensuring no direct use of taxpayer funds.

“This project will provide more housing options for students and help ease pressure on the local housing market,” said Jeffrey Resetco, Senior Development Director at Gilbane Development. “We are committed to delivering state-of-the-art facilities that support student life and contribute to the broader vitality of downtown West Palm Beach.”

The initiative is a collaborative effort among multiple firms, with Gilbane Development serving as project developer, Gilbane Building as the design-builder, and Cube3 leading the architectural design. Urban Design Studio, Shutts & Bowen, and Kimley-Horn contributed expertise in planning, legal, and traffic engineering to secure entitlements and refine the project’s scope. The tower’s design draws from the architectural language and vibrancy of downtown West Palm Beach, aligning with city priorities for connectivity, sustainability, and walkability.

Gilbane, Inc., a private holding company with a more than 155-year history, is one of the oldest and largest family-owned construction, investment, and real estate development firms in the world. Gilbane Development is the project development, financing, and ownership arm of Gilbane, providing a full slate of real estate development and property management services. Gilbane Building is a full-service construction services firm providing preconstruction, general contracting, construction management, and design-build services on some of the nation’s most complex projects. Gilbane’s Public Private Partnership Group has delivered or has underway more than $4.4 billion in P3 projects for healthcare, higher education, K-12 schools, and federal/state/municipal clients.

Construction is slated to begin in summer 2025, with completion targeted for August 2027, in time for the 2027-2028 academic year.

PBA President Dr. Debra A. Schwinn emphasized the project’s significance for both the university and the surrounding community. “This transformative development reflects our commitment to whole-person education and our role in shaping downtown West Palm Beach, now recognized as Wall Street South,” Schwinn said.

The student-focused design incorporates a range of indoor and outdoor spaces to promote academic success, well-being, and social connection. Lounges for games, study, wellness, and relaxation will complement outdoor pathways and landscaped areas aimed at encouraging environmental mindfulness and community interaction. The pedestrian-friendly infrastructure includes ADA-compliant features, smart parking technology, and green elements to integrate the development within the city’s evolving urban environment.

Once complete, the project is expected to bolster student housing capacity, reduce off-campus housing demand, and support West Palm Beach’s ongoing growth as both an educational hub and a destination for investment and development.

Inside 'Emerging Leaders: The Next Generation of Real Estate' Presented by Miami Herbert Business School’s Accelerated MBA in Real Estate

On Thursday September 26, 2023, PROFILEmiami and the University of Miami Patti and Allan Herbert Business School’s Accelerated MBA in Real Estate presented “Emerging Leaders: The Next Generation of Real Estate”, featuring an immersive panel event exploring the different stages of a career in the real estate industry and what it takes to get there. The engaging panel featured keynote speakers Manuel de Zárraga, Executive Managing Director, Executive Committee Council Member, JLL Capital Markets, Americas; Jakub Hejl, the Founder & CEO of Westside Capital; Diego Torrealba, a current student in Miami Herbert Business School’s Accelerated MBA in Real Estate program and a Senior Vice President at MG Developer; Marc Chasin, a Vice President at Eden Multifamily; the panel was moderated by Demetri Demascus of PROFILEmiami. The discussion explored the next generation in real estate, how Miami’s market cycle impacts the job market, what asset classes are poised for growth, how new employees can add value form day one, working and hiring in the Miami market, recruiting, education and how some of Miami’s biggest real estate players got to where they are today.

The evening was held at The Village of Coral Gables Sales Gallery in Coral Gables, showcasing MG Developer’s new luxury condominium and townhome project now under development in Downtown Coral Gables. The evening was hosted by Miami Herbert Business School’s Accelerated MBA in Real Estate program; Dr. Andrea Heusen, Academic Director of Real Estate Programs at Miami Herbert Business School; Alirio Torrealba, CEO of MG Developer; and Demetri Demascus, Co-Founder of PROFILEmiami.

The relaxed and open setting provided an opportunity for attendees to learn about how to advance their career in real estate, educational opportunities and recruiting in Miami’s commercial and residential real estate industries. The sales gallery set an intimate yet luxurious setting to enjoy cocktails and bites while networking with some of South Florida’s preeminent and emerging real estate leaders and enjoying sounds by Miami-based DJ DAKAP.

About the University of Miami Accelerated MBA in Real Estate Program

Named one of the world’s best MBA programs, the Accelerated Real Estate MBA combines the expertise of Miami Herbert Business School with the School of Architecture, a leader in new urbansim. In the program students learn from global real estate leaders, strengthen their business foundation with a real estate focus, and have the opportunity for up to two paid internships with firms, such as Brookfield, Fortune International, Mast Capital, Nuveen, Related Group, The Kislak Company, and more.

Miami, and South Florida in general, is a growing hub for commercial and residential real estate. As such, Miami Herbert Business School attracts local, national, and international industry experts through the annual University of Miami Real Estate Impact Conference. The school also hosts the annual Impact Investing in Commercial Real Estate Competition, showcasing innovators and trendsetters who are shaping the future of real estate. Both the conference and the competition give you exclusive access to extensive networking opportunities.

Inside Miami Herbert Business School's Accelerated MBA in Real Estate: The Best Way To Take Your Career In Real Estate To The Next Level

Miami, and South Florida in general, are growing hubs for commercial and residential real estate, making the University of Miami Patti and Allan Herbert Business School one of the best places to study for those looking to take their real estate careers to the next level. The Miami Herbert Business School’s Accelerated MBA in Real Estate prepares students to succeed in commercial real estate market careers while offering students the opportunity to participate in two paid internships with some of the top firms in the commercial real estate industry. The students also become proficient at Argus, making them an attractive candidate to major firms who use the real estate software.

The Accelerated Real Estate MBA combines the expertise of Miami Herbert Business School strengths in management education with the School of Architecture, a leader in New Urbanism. In the program students learn from global real estate leaders, strengthen their business foundation with a real estate focus, and have the opportunity for up to two paid internships with firms, such as Brookfield, Fortune International, Mast Capital, Nuveen, Related Group, The Kislak Company, and more. Each student is paired with an industry mentor for career advice and networking connections throughout their time in the program.

The program leaves graduates well networked in the Miami real estate industry and prepared for a successful career in commercial real estate. Students study topics such as real estate finance, private equity modeling, underwriting, real estate development, ground leases and other essential topics. They also work in real time on a development plan for a local property and meet with industry mentors to work through the development process in real time with hands on oversight.

“The Accelerated Real Estate MBA really immersed me in multiple sides of the commercial real estate industry that I had not been exposed to before and it really helped drive my career forward. Even if you are coming from a background in real estate the classes such as real estate finance and real estate development give you the tools you need to contribute from day one at a large real estate shop," said PROFILEmiami Co-Founder Demetri Demascus who graduated from the program in 2021.

Students are provided many intimate networking opportunities with industry leaders throughout the program. The Miami Herbert Business School attracts local, national, and international industry experts to the annual University of Miami Real Estate Impact Conference, which Accelerated Real Estate MBA students have the opportunity to attend with real estate titans such as Stuart Miller, Edgardo Defortuna, and Allen Morris. Last year featured speakers included John Buck of The John Buck Company as well as Miami-developers Armando Codina and Jay Massiman. Roy March of Eastdil and Ralph Rosenberg of KKR were featured last year along with Jonathan Tisch.

The school also hosts an annual Impact Investing in Commercial Real Estate Competition, showcasing innovators and trendsetters who are shaping the future of real estate. In the past, teams from University of Miami, Wharton, Colombia, and Cornell have all placed in the competition. Both the conference and the competition give students exclusive access to extensive networking opportunities.

Miami Herbert Business School's Accelerated MBA in Real Estate is the best way to take your career in real estate to the next level. The Accelerated Real Estate MBA program is designed to meet the needs of the student with an undergraduate degree in business and at least one year’s full-time work experience before the late May 2024 start date. Applicants must demonstrate successful completion of the core business courses: Financial and Managerial Accounting, Microeconomics, Macroeconomics, Statistics, Calculus, Organizational Behavior, Operations Management, Marketing, and Finance.

How to Apply:

Applications for the program class that begins in late May 2024 are now open. To obtain detailed program admission information, please reference the program brochure which can be requested by contacting Graduate Business Admissions at 305-284-2510, by email at mba@miami.edu, or visiting Miami Herbert Business School’s website: www.herbert.edu.

If you would like to receive a preliminary admissions decision about your candidacy within two business days, please email your current resume to:

Dr. Andrea Heuson, Academic Director of Real Estate Programs at Miami Herbert Business School: aheuson@bus.miami.edu

You will receive a confirmation that your resume was received within one business day. If you do not receive that confirmation, your resume may be blocked in a spam filter. In this case, please contact Chuck Somma at csomma@miami.edu for instructions on how to ensure your resume is received by Professor Heuson.

Miami Herbert Business School has created merit-based scholarships for up to $10,000 for students who begin their application before October 15, 2023, and verify enrollment by November 15, 2023. These scholarships are in addition to the generous support provided to all incoming students by Miami Herbert Business School and the paid internship in the first six months of the program.

Applicants who want to be considered for internships at national real estate firms should begin their application by October 15, 2023. For all other internship opportunities, applications must be completed by February 15, 2024, for consideration. However, it is best for students to complete their application earlier. Keep in mind that the online application is the first step, and supporting materials may be submitted after your application is received.

Once you begin your application, please reach out to schedule a call or an in-person meeting with Professor Heuson to discuss your desired internship focus. This meeting will lead to instructions on how to apply for a waiver of the application fee.

Prospective students can begin their application on the BusinessCAS platform. We look forward to connecting with you throughout the application process. Please do not hesitate to reach out should you have any questions.

Request More Information on Miami Herbert Business School's Accelerated MBA in Real Estate:

Images via University of Miami

K-5 Charter School Mater Academy Announces New Campus At SoLé Mia

Mater Academy has announced its future campus, Mater Academy SoLé Mia, a K-5 charter school that will be located in North Miami’s vibrant SoLé Mia development. Mater Academy anticipates the 90,000 square foot school will open its doors in the fall of 2025 for total enrollment of up to 1,500 students over two phases. The charter school, like all Mater schools, is committed to providing high-quality education to students, with a focus on academic excellence and personal growth.

The new state-of-the-art facility will feature modern classrooms, advanced technology, and ample green space, ensuring that students have everything they need to succeed academically and build the hard and soft skills necessary for establishing a firm and robust educational groundwork. The school is designed to foster a sense of community and belonging, with a strong emphasis on student engagement and personalized learning.

"With over 25 years of illustrious history, Mater Academy has been dedicated to providing top-tier education in Florida," said Roberto Blanch, President of Mater Academy. "Our commitment to being a leader in education, alongside outpacing trends in both education and facility design, ensures we effectively serve the community. Our aim is to ignite the potential in every student, and we are confident that our Mater Academy SoLé Mia campus will exemplify this high standard."

Mater Academy SoLé Mia will offer a rigorous curriculum that prepares students for success in college and beyond. The school places a strong emphasis on advanced STEM academics, with a comprehensive program that includes courses in science, technology, engineering, and math. The school will take advantage of its lush surroundings and proximity to Oleta River State Park to expose students to natural sciences. Students will also have access to a range of extracurricular activities, including sports, arts, and clubs, providing opportunities for personal growth and development. Graduating fifth graders will have the opportunity to continue their education within the Mater network at nearby high-performing Mater schools such as Mater Academy Biscayne Middle and High School.

“The announcement of Mater Academy SoLé Mia is a significant milestone for SoLé Mia,” said Richard LeFrak, Chairman and CEO of LeFrak. “We are proud to be a part of

this project, which will provide a world-class education to students in the area and contribute to the continued growth and development of the community.”

“Excellent academic institutions are essential to the vibrant, resilient place-making. The residents of SoLé Mia, as well as the doctors, nurses and administrators of the future University of Miami’s UHealth Medical Center, will benefit from having Mater Academy join our community,” said Jackie Soffer, Chairman and CEO of Turnberry. “For the students at Mater Academy who live at SoLé Mia, the simple pleasure of walking to school in the mornings will be an everyday reality.”

As SoLé Mia’s residential population continues to grow, Mater Academy will directly support the neighborhood’s expanding student body with top-notch education close to home. Spanning 184 acres, SoLé Mia sits between Biscayne Boulevard and Biscayne Bay nearby Oleta River State Park, where more than one thousand occupants currently reside at the completed residential buildings – The Shoreline, Villa SoLé and Villa Laguna – and enjoy the development’s spacious, holistic amenities. As a city within a city, the addition of Mater Academy to SoLé Mia solidifies the development as a walkable destination that prioritizes wellness, convenience, and the growth of the surrounding community.

Renderings via Academica

Coastal Construction Tops Out University of Miami's Centennial Village Student Residence

Coastal Construction Group, one of the largest privately held construction companies in the Southeast, has topped out the University of Miami's Centennial Village, a state-of-the-art student residence that will accommodate over 2,000 students. Phase I of Centennial Village is anticipated to open in fall of 2024, with Phase II anticipated to open in fall of 2026.

This is the fourth construction project Coastal Construction has topped out for the University of Miami, including the Thomas P. Murphy Design Studio Building, which won the title of 2018 Building of the Year by World Architects.

The University of Miami’s Centennial Village, designed by VMDO Architects: Zyscovich Architects, is the second phase of a multi-year plan to modernize campus housing and will serve as a hallmark of the Coral Gables Campus and support the University’s efforts to competitively recruit top academic and athletic talent.

Made up of five residential colleges, Centennial Village will continue the successful First-Year Experience program with live-in faculty as well as professional and student staff who support and enhance the first-year experience. In addition to double rooms and an increased offering of single rooms, the new residential colleges will feature centrally located private bathrooms, shared resident lounges, and collaborative academic spaces.

Additionally, Centennial Village will be positioned to take advantage of the many outdoor and programmatic elements of the Coral Gables Campus surrounding Lake Osceola.

"As a former ‘Cane, I am especially pleased to celebrate the topping out of the University of Miami's Centennial Village. I started my construction career from a UM fraternity house when I was a student, so this project is particularly near and dear to me,” said Thomas P. Murphy, Jr., Founder, Chairman, UM alumnus and CEO of Coastal Construction Group.

Renderings via University of Miami

University of Miami Real Estate Impact Conference 2023 The Largest Edition Yet As Real Estate Leaders Discuss The State of Miami Real Estate

On Friday, February 10th, the University of Miami Herbert Business School hosted the 2023 edition of its annual invitation-only Real Estate Impact Conference, which brought together board members, students, faculty, distinguished alumni and real estate professionals. Entrepreneurs and innovators met with leading commercial real estate investors to explore opportunities spurred by new technologies and the vibrant movement of people and capital to South Florida at the Real Estate Impact Conference, co-hosted by three University of Miami schools. The invitation-only conference was hosted at the newly completed Lowes Hotel Coral Gables with support from presenting sponsors Douglas Elliman Real Estate, Kislak Family Foundation, Witkoff and Ripco Real Estate.

More than 800 attendees, including University of Miami students and alumni, as well as many South Florida commercial real estate and finance professionals, joined 150 scholarship-supported students to discuss both threats and opportunities in the market at the multidisciplinary conference. Attendees included Dan Kodsi, Edgardo Defortuna, Allen Morris, Ronny Finvarb, Jay Masserman, Neil Fairman, David Luski, Matt Shore, Camilo Miguel Jr., Dev Motwani, Nitin Motwani, Scott Sherman, Jacques Bessoudo and Demetri Demascus. Speakers included Roy Hilton March, Armando Codina, Jonathan Tisch, John Buck and Ralph Rosenberg.

The 2023 University of Miami Real Estate Impact Conference brings together expert panels to bring insight on Miami’s ever evolving real estate market place and glimpse into the future from the city’s movers and shakers. Themed “Miami, In Motion,” the conference offered three panels—“Moving in Miami: A Transit-Oriented Initiative That Will Forever Change Downtown Miami;” “Why You Can Count on South Florida Real Estate;” and “Keys to Success for CRE (Commercial Real Estate) Investment and Financing.”

“The conference theme was geared to capture the energy of the county’s emphasis on transportation through its proposed downtown redevelopment plan and the fact that so many people and so much capital has been moving here, especially since COVID,” said Andrea Heuson, finance professor and academic-director of real estate programs at the Herbert Business School.

Heuson highlighted that nearly $2 billion in capital investment funds, much of it from Latin America, has moved into South Florida through the pandemic period.

The conference began with “Moving in Miami: A Transit-Oriented Initiative That Will Forever Change Downtown Miami” featuring John Buck, Chairman and CEO of The John Buck Company along with Miami-Dade County commissioners and agency specialists.

The county redevelopment panel focused on two key points for the proposed transformation of 178 acres in Miami’s downtown owned by the county: the requirement that new development must include improved transportation, accessing federal funds to expand Metrorail and the Metromover, and also that affordable housing be offered together with mixed market-rate housing.

It was followed by an exploration into “Why You Can Count on South Florida Real Estate” with Loews Hotel & Co. Executive Chairman Jonathan Tisch and legendary developer Armando Codina of Codina Partners. In the conversation, both shared from their personal histories.

“To learn how they went from nothing—Codina was sent here from Cuba (part of Operation Pedro Pan) and then lived in an orphanage and foster care—to become these iconic players in the real estate industry was so inspiring. And their advice to work hard, stay humble, and keep the right mindset and not develop a sense of entitlement was so important for me.” Said conference attendee Ismael Almanzar Ortiz, a University of Miami student who is midway through the Accelerated Real Estate MBA program at Miami Herbert Business School.

The conference was highlighted by the final panel, “Keys to Success for CRE Investment and Financing” featuring Global Head of Real Estate at KKR Ralph Rosenberg and Eastdil Secured CEO Roy Hilton March who gave insight onto how real estate markets are influenced by current inflationary and geopolitical factors in the global marketplace.

In addition to panel discussions and networking sessions, there were several special programs available to MRED+U, MBA, MSF and Law School students throughout the day. More than 100 current University students and alumni attended the morning ’Canes Connection gathering, offered for the first time. One of the benefits of membership on the University of Miami Real Estate Advisory Boards, which consist of over 100 prominent real estate professionals, is personal contact with the best and brightest students.

Heuson points out that scholarships and sponsor support make it possible for nearly all students to attend who want to. Additionally, she explained that the conference generates funds to support several University scholarships, such as Project Destined, geared to bring high achieving diverse students into the field, and also for the Accelerated Real Estate MBA, which includes a six-month paid internship component.

The 2023 University of Miami Impact Conference was hosted by Miami Herbert Business School which hosts it’s Accelerated MBA in Real Estate Program, The School of Architecture which hosts the MRED+U program and the School of Law which offers the LL.M. In Real Property Development.

Miami Herbert Business School’s 19-month Accelerated MBA in Real Estate, led by Dr. Andrea Heuson, offers students the opportunity to transform their careers with the 19-month MBA program which combines the leading business expertise of the Herbert Business School with the School of Architecture’s strengths in new urbanism. With Miami being a real estate powerhouse, the program offers students the invaluable opportunity to gain a general management perspective and hands-on commercial real estate experience through experiential learning, internships, and an interdisciplinary curriculum. For more information on the Accelerated MBA in Real Estate visit University of Miami’s Herbert Business School MBA in Real Estate Program here.

Ades Family Foundation Acquires Miami Shores Site To Build A Private, Non-Profit Jewish Day School

The Ades Family Foundation has acquired a 3.9 acre assemblage in an opportunity zone near Miami Shores for $5.3 million. The foundation plans to build a 60,000 square foot private, non-profit, Jewish day school which is anticipated to open in 2023. The transaction was overseen by Jamie Rose Maniscalco with Apex Capital Realty, who represented both the buyer and the sellers, the Peroni Family Trust and Sunshine Realty Enterprise. The assemblage is located at 855, 975 and 995 Northwest 95th Street as well as a second assemblage located at 900, 910 and 920 Northwest 96th Street. The Ades Family Foundation is a philanthropic foundation led by Daniel Andes, managing partner and CIO of the Aventura-based Kawa Capital Management.

New Renderings Revealed For Naeem Khan Studios, The Designers New Headquarters & Fashion School On The Miami River

New York designer Naeem Khan, a celebrity designer who has dressed Beyoncé, Michelle Obama and Kate Middleton, has officially proposed Naeem Khan Studios as he plans to move his headquarters to Miami in conjunction with a high school dedicated for students to study fashion. The project, which is being designed by Alfonso Jurado Architecture, is located on the Miami River at 1175 NW S River Drive and the proposal was reviewed by the Miami River Commission’s Urban Infill and Greenways Subcommittee in March 2019. The proposal calls for two separate buildings with a total of 80,080 SF of development, 45,420 SF of which will be the 5-story studio building an 34,460 SF will make-up the 4-story school structure. Naeem Khan will use the studios as both a corporate headquarters and manufacturing facility while the school will operate as an extension of Miami Dade’s Design and Architecture Senior High, also known as DASH. The developers are asking for a 34% parking reduction from 70 to 46 spaces and they will lease off-site parking.