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Witkoff And Monroe Capital Acquire Cancelled Marriott Maquis Miami Worldcenter Site For $94 Million

Witkoff And Monroe Capital Acquire Cancelled Marriott Maquis Miami Worldcenter Site For $94 Million

July 6, 2021

The New York City-based real estate investment group Witkoff and the Chicago-based Monroe Capital have acquired the site of the now cancelled Marriott Marquis Miami Worldcenter from MDM Group for $94 million. The 4.7 acre site is located at 700 North Miami Ave.

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In Acquisitions, Closed, Commercial, Development, Development News, Development Sites, Downtown, Invest, Investment News, Mixed Use, News, News & Features, Private Equity, Traded Tags Witkoff, Steve Witkoff, News, News & Features, Investment News, Development, Development News, Development Sites, Traded, Acquisitions, Closed, MDM Group, Marriot Marquis, Manny de Zarraga, Manny De Zárraga, JLL, 700 N Miami Ave., 700 North Miami Ave., Ricardo Glas, Luis Pulenta, Nitin Motwani, Monroe Capital, Miami Worldcenter, Dustin Stolly, Newmark, Mack Real Estate Credit Strategies, Jordan Roeschlaub, Downtown, Mixed Use, MDM Hotel Group, Marriott Marquis Miami Worldcenter, Commercial, July 2021
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57 Ocean Condo Secures $58.5 Million Construction Loan from Bank OZK

57 Ocean Condo Secures $58.5 Million Construction Loan from Bank OZK

May 8, 2020

Miami Beach’s 57 Ocean, a luxury seaside condominium located on Millionaire’s Row and developed by Multiplan Real Estate Asset Management, has announced that it has obtained a $58.5 million construction loan from Bank OZK, arranged by JLL Capital Markets.

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In Miami Beach, Construction, Construction News, Construction Update, Finance & Banking, Luxury Real Estate, News, Residential, New Construction Tags Arquitectonica, 57 Ocean, Millionaires Row, Multiplan Real Estate Asset Management, MultiplanREAM, Bank OZK, JLL, Jose Isaac Peres, Fortune Development Sales, Marcelo Kingston, Manny de Zarraga, Jesse Wright, Bernardo Fort-Brescia, Patricia Anastassiadis, Anastassiadis Arquitetos, Edgardo Defortuna, Isabella Zimmermann, Banking, Finance & Banking, Construction News, Lending, Construction Loan, New Construction, Financing, Finance, News, Miami Beach, Construction, Construction Financing, Construction Update, Residential, Luxury Real Estate
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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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