The Agency Expands Presence in Florida with Fort Lauderdale Office

Global luxury real estate brokerage, The Agency, continues its rapid expansion with the opening of its newest office in Fort Lauderdale. This latest addition marks the firm’s fifth location in Florida, joining established offices in Miami, Naples, Orlando, and Palm Beach.

Leading the Fort Lauderdale office is a team of distinguished Managing Partners: Mauricio Umansky, Founder and CEO of The Agency; Santiago Arana, ranked as the #6 top agent in the U.S. by RealTrends; and Howard Elfman, a seasoned real estate professional with over 25 years of experience in South Florida, who will also serve as Managing Broker. Among the office’s standout listings is 733 Middle River Drive, one of Fort Lauderdale’s most expensive properties, priced at $47.9 million and represented by Rick Teed.

Fort Lauderdale has emerged as a key market for luxury real estate, driven by its vibrant lifestyle and strong investment appeal. Mauricio Umansky emphasized The Agency’s dedication to the region, stating, “With some of the industry’s most influential leaders at the helm, our Fort Lauderdale office is poised for success as we continue to expand throughout South Florida. Fort Lauderdale has quickly become a prime destination for buyers, and The Agency’s unmatched global network and expertise are perfectly positioned to serve this dynamic market. With its vibrant lifestyle and strong investment potential, we’re excited to bring The Agency’s signature brand to this thriving region.”

The Fort Lauderdale launch is part of The Agency’s significant global expansion efforts. In 2024 alone, the brokerage opened 28 offices, bringing its total to over 130 locations across 12 countries. Recognized by The Financial Times as one of America’s Fastest Growing Companies, The Agency has also ranked on Inc. 5000’s list of fastest-growing private companies for seven consecutive years.

In addition to its global reach, The Agency has cemented its reputation as a leader in the luxury real estate space, earning accolades such as Inman’s Luxury Brokerage of the Year and a top 20 spot on the 2024 RealTrends 500 list.

The new Fort Lauderdale office, located at 901 E Las Olas Blvd #204, positions The Agency as a vital player in the region’s luxury market. Howard Elfman expressed his excitement, stating, “Fort Lauderdale is experiencing incredible growth, and I am personally honored to expand our office with passionate, like-minded agents who share our commitment to collaboration.”

Eighteen Sunset Achieves Full Occupancy in Miami Beach’s Thriving Office Market

Eighteen Sunset, a highly anticipated mixed-use boutique development in Miami Beach’s Sunset Harbour neighborhood, has achieved full occupancy for its premium office spaces. The 17,708 square feet of Class A+ office space has been fully leased, highlighting the surging demand for luxury work environments in Miami Beach.

Colliers, led by Vice Chair Stephen Rutchik, managed the leasing process on behalf of the landlords, Deco Capital Group and RWN Real Estate Partners. CBRE’s Executive Vice Presidents Jeff Gordon and Barbara Black represented the tenants in the transactions.

The property has attracted a carefully curated mix of tenants, including a globally recognized private equity firm and luxury lifestyle brand Audemars Piguet. Both organizations were drawn to Eighteen Sunset’s unique blend of high-end design, waterfront views, and proximity to Miami Beach’s dynamic cultural and business hubs.

Developed by Deco Capital Group and constructed by Origin Construction, Eighteen Sunset is located at 1759 Purdy Avenue, offering tenants direct access to Maurice Gibb Park, the Sunset Harbour Marina, and upscale dining and retail options. Its strategic location combines proximity to Miami Beach’s active community with unobstructed views of the Intracoastal Waterway and Venetian Islands.

Stephen Rutchik of Colliers emphasized the property’s role in meeting modern workspace needs: “Eighteen Sunset represents the future of workspaces in Miami Beach. Its boutique design, unmatched amenities, and premier location reflect the evolving preferences of businesses seeking more than just office space.”

Slated for completion later this year, Eighteen Sunset is poised to set a new benchmark for elite office environments in Miami Beach’s competitive real estate market.

Merrimac Ventures Unveils Plans for Bungalow East Residences in Fort Lauderdale Beach

Merrimac Ventures, a renowned South Florida real estate investment and development firm, has announced the launch of sales for Bungalow East, an exclusive luxury condominium set to rise in Fort Lauderdale Beach. The 14-story boutique development will house just 34 residences, each designed with refined elegance and offering extensive amenities in one of the area’s most walkable and desirable beachside communities.

Situated at 530 North Birch Road, Bungalow East is positioned steps from both the Atlantic Ocean and the Intracoastal Waterway. The project, anticipated to break ground in late 2025 with an 18-month construction timeline, embodies Merrimac Ventures’ legacy of transforming Fort Lauderdale Beach from a seasonal “Spring Break haven” into a premier resort destination. This vision was first ignited by the Motwani family over 35 years ago through the strategic acquisition and redevelopment of oceanfront motels, paving the way for acclaimed developments like the Four Seasons Hotel and Residences, the Conrad Hotel, and Paramount Fort Lauderdale.

“Fort Lauderdale Beach’s transformation has been extraordinary,” said Dev Motwani, Co-Managing Partner of Merrimac Ventures. “Our family has been invested in this community for decades, and Bungalow East is a special project that completes our vision for this area.”

Bungalow East will feature spacious three- and four-bedroom residences ranging from 2,100 to 2,800 square feet, with options for flexible floor plans. Two exclusive penthouses, each spanning approximately 4,000 square feet and boasting private rooftop decks, are also part of the offering. Homes are priced between $2 million and $4 million and will feature floor-to-ceiling windows, expansive terraces with summer kitchens, and high-end finishes that evoke a sense of sophisticated luxury.

The building's design, a collaboration between Swedroe Architecture and Adriana Hoyos Design Studio, embraces natural elements with neutral palettes, wood accents, and sleek modern finishes. Each residence will come equipped with private elevators and chef-inspired kitchens complete with gas-range stoves, emphasizing the development’s focus on upscale, functional living.

Amenities at Bungalow East are designed for a lifestyle of relaxed luxury. Highlights include a resort-style pool deck, a wellness center with massage rooms and a beauty salon, a rooftop sunset lounge, and a yoga lawn. Additional offerings include a gaming and entertainment lounge, a conference center, and pet-friendly features such as a dog run and spa. A ground-floor retail space is slated to house a future café or wine bar, adding to the neighborhood's vibrant atmosphere.

Residents will also gain membership privileges at the Fort Lauderdale Yacht Club and exclusive access to the Conrad Hotel Fort Lauderdale, which includes beach service and full use of the hotel's amenities.

“OneWorld Properties is thrilled to lead the sales and marketing of Bungalow East,” said Peggy Olin, CEO of OneWorld Properties. “This development will redefine luxury living in Fort Lauderdale Beach, offering residents both exclusivity and convenience in an unparalleled location.”

Fort Lauderdale Beach continues to attract a wave of new residents and investors, driven by Florida’s favorable tax policies and high quality of life. Bungalow East is poised to cater to this growing demand, appealing to locals and out-of-state buyers seeking proximity to the beach and access to South Florida’s vibrant culture.

The community’s prime location offers residents easy access to North Beach Village’s top dining and entertainment spots, including The Secret Garden Dining Club, Truluck’s, and Casablanca Café, as well as cultural attractions like the Bonnet House Museum & Gardens and the trails of Birch State Park.

Surf Row Residences Launches Sales in Surfside

In the heart of Surfside, one of Miami's most coveted coastal communities, Surf Row Residences is introducing a new standard of upscale living. Developed by LD&D, a Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom condominiums blends luxury and tranquility just a block from the beach.

Located at 8800 Collins Avenue, Surf Row Residences offers newly reimagined living spaces designed to meet the evolving needs of today’s buyers. With prices starting at $1.4 million, these residences are represented by ONE Sotheby’s International Realty and are already garnering significant attention for their unique offerings and unbeatable location.

“Surfside continues to demonstrate its appeal as one of Miami’s most desirable markets, and we’re thrilled with the early interest in Surf Row even ahead of our official launch,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “This development captures the synergy between thoughtful design and the relaxed elegance of the neighborhood, meeting high demand for premium coastal living.”

Available in one- to three-bedroom floorplans, Surf Row Residences range from 894 to 2,004 square feet and exemplify refined living. The interiors feature spa-like bathrooms with raised wet areas, free-standing bathtubs, rainfall showers, and custom vanities. Kitchens are equipped with Miele appliances, Dekton countertops, and built-in wine fridges, blending functionality with style. Buyers can select from two custom design packages, each inspired by the natural textures and tones of the beach, offering large-format porcelain tiles in coral-stone or sun-bleached wood finishes.

Select residences include private rooftops, offering upgrade options like plunge pools and summer kitchens ideal for al fresco entertaining. To personalize their space further, buyers can utilize InteriorSelect, LD&D’s innovative design configurator.

Surf Row Residences provides a wealth of amenities that cater to relaxation, fitness, and convenience. From a Zen-inspired spa with a steam room, sauna, and hammam, to a fully equipped fitness center and sunlit pool deck, the property encourages a balanced lifestyle. Residents also benefit from coworking spaces and beach-ready amenities, alongside elevated hospitality services including a beach butler, 24-hour concierge, and optional housekeeping. For those with an active lifestyle, the nearby Surfside Tennis Center offers private and group lessons.

Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences marries modernity with nature. The architecture draws inspiration from Surfside’s coastal landscape and Miami’s cultural heritage, featuring expansive layouts, layered glass facades, and generous balconies that invite natural light and ocean breezes. Fluid lines echoing waves, wings, and sand dunes bring an organic aesthetic to the residences, creating a serene ambiance.

“Our vision for Surf Row Residences was to capture the essence of coastal living, combining the area’s charm with a timeless yet contemporary design,” said Alejandro Bonet, managing partner of LD&D. “We’ve built a community that isn’t just about luxury but about creating a sense of place – one that embodies quiet distinction and prestige.”

Surfside is known for its unique blend of small-town charm and urban sophistication. North of Miami Beach, the area offers a slower pace of life with access to premier shopping, dining, and entertainment, including Bal Harbour Shops and Haulover Beach Park. Combining historic Art Deco charm with modern architecture, Surfside creates a captivating coastal lifestyle for residents who value both culture and tranquility.

With its thoughtful design, exceptional amenities, and prime location, Surf Row Residences is poised to redefine luxury coastal living in Miami. For those seeking a seamless blend of sophistication and serenity, this new development is set to become an iconic address in Surfside.

Michael Liebowitz Appointed Chairman and CEO of Douglas Elliman Inc.

Michael Liebowitz has been appointed as the new Chairman and Chief Executive Officer of Douglas Elliman Inc., following the retirement of Howard M. Lorber. The announcement was made by the real estate brokerage firm, which praised Lorber for his strategic vision and years of dedication in making Douglas Elliman the premier real estate firm in the country. Liebowitz previously served as the Board Director at Douglas Elliman Inc.

“Douglas Elliman is an iconic brand, and I am honored to be appointed as Chairman and CEO to lead the Company into its next chapter of growth and diversification,” said Mr. Liebowitz. “With a strong balance sheet, robust pipeline of projects in our Development Marketing business, and the competitive advantages provided by our dedicated team of world-class agents, I am confident that Douglas Elliman’s brightest days are ahead. We look forward to continue executing on our strategic vision, building on the Company’s industry-leading position and maximizing shareholder value.”

Liebowitz, a seasoned business executive with a background in founding and acquiring businesses in the insurance and financial industries, brings a wealth of experience to his new role. Over the past 25 years, he has been involved in acquiring or founding companies such as Harbor Group Consulting LLC, National Financial Partners Corp., and Innova Risk Management. He currently serves as Chairman and CEO of Nocopi Technologies Inc.

Liebowitz has also served as President and CEO of the Harbor Group Division of Alliant and High Street Valuations, until their acquisitions by Alliant. He has previously held positions on the boards of Ladenburg Thalmann Financial Services Inc. and The Hilb Group. Additionally, Liebowitz has experience in the real estate industry and is currently working on redeveloping the Mondrian South Beach Hotel in Miami, a property he has owned since 2019.

Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Connecticut, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.

Image via Douglas Elliman

Adam Neumann Launches First Condo Project at Miami Worldcenter

Adam Neumann, co-founder of Flow, has announced the launch of his first condominium development project in Downtown Miami, marking Flow's expansion into the ownership market. The project, named Flow House, will be located in Miami Worldcenter and will include 466 units spread across 40 stories. Slated for delivery in 2025, Flow House will offer luxury living with a range of amenities, including coworking spaces, a fitness center, poolside restaurant, and spa. Sales will be managed by One World Properties led by Peggy Olin, with prices starting at $450,000 for studios.

Flow House is designed to address the growing demand for community-focused urban living, reflecting Flow’s ethos of integrating work, wellness, and connectivity into the residential experience. The project targets a wide range of buyers, with options from studios to larger one-bedroom units, all offering floor-to-ceiling windows and high-end finishes. Some units include private balconies, and residents can upgrade to gourmet kitchens as part of the customization options available.

Located at 697 N Miami Avenue, Flow House is part of the rapidly growing Miami Worldcenter district, a prime location close to restaurants, entertainment, and major transportation networks. The development aims to provide residents with both the convenience of city living and the wellness-focused amenities associated with Flow properties.

“We learned while building Flow over the last two years that the exact same needs faced by renters are also faced by owners in terms of lack of community and lack of connectivity,” said Flow co-founder Adam Neumann. “We are excited to build upon our vision and bring the full Flow experience, which is rooted in community and a sense of belonging, to anyone looking for a better experience from their permanent residence.”

In addition to the residential units, Flow House will feature a variety of shared spaces designed to enhance the resident experience, including coworking areas, a resort-style pool, yoga studios, and concierge services. The development also includes amenities such as a dog run, restaurant, and spa facilities, which cater to both the professional and leisure needs of residents.

Flow, which has been supported by venture capital firm a16z, is expanding its portfolio across the U.S. and internationally. The Miami condo project represents a major milestone in the company’s growth as it continues to develop properties that prioritize community, connectivity, and sustainable living.

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

Douglas Elliman Launches Sales at Ocean Glass Residences

Ocean Glass Residences, an exclusive community of 28 luxury townhomes, recently launched sales with Douglas Elliman Real Estate. Located at 10101 South Ocean Drive on Hutchinson Island, the development offers residents a unique combination of waterfront living and modern sustainability features. Designed by Wright Gardner and developed by EcoLogics Group, LLC, the homes feature cutting-edge Green Tech, including floor-to-ceiling impact glass panels and living spaces elevated 13 feet above sea level to enhance durability in the coastal environment.

The townhomes, ranging from 2,970 to 3,280 square feet, offer spacious three- to four-bedroom layouts with contemporary designs and a focus on open living spaces. Each home also includes a 500-square-foot rooftop terrace, providing expansive views of the surrounding nature preserve and the Intracoastal Waterway. Residents will benefit from private 3-plus-car garages, making the community ideal for those seeking both luxury and practicality.

Beyond the individual residences, Ocean Glass Residences boasts 14 private acres, 11 of which are preserved as untouched natural land. This commitment to conservation enhances the community’s peaceful ambiance and ensures long-term privacy. Additional amenities include a centralized clubhouse, complete with a pool and greenspace, as well as outdoor showers for residents to enjoy after beach visits. Notably, the community offers 11 private boat slips and direct beach access, a rare feature in the area.

Conveniently located just minutes from Historic Downtown Stuart, Ocean Glass Residences is close to the area’s best restaurants, galleries, and entertainment venues. With easy access to museums, live theatre, and boutique shops, the development is positioned to offer a blend of serene waterfront living with cultural experiences just a short drive away.

Dean Bloch and Kim Spears of Douglas Elliman are exclusively representing the sales of Ocean Glass Residences, with interest expected to grow as buyers seek out properties that provide a balance between modern luxury, environmental sustainability, and natural beauty.

SOLINA BAY HARBOR BREAKS GROUND AT 50% SOLD

The boutique condominium development Solina Bay Harbor has broken ground after reaching a 50% sales milestone within six months. Located at 1055 93rd Street in Bay Harbor Islands, the project is set to offer a collection of high-end residences with a completion date projected for Q4 2025.

Solina Bay Harbor will feature nine residences, including two penthouse villas. The units range from 1,400 to 2,600 square feet, with options for two, three, and four bedrooms. The development emphasizes privacy, offering one to two units per floor, and includes amenities such as a pool with a summer kitchen, a fitness center, a courtyard, and covered parking. Prices for the units start at $1,699,000.

The design team for Solina Bay Harbor includes CLA+D, Pliskin Architecture (PANYC), and FAB314, with sales and marketing efforts managed by Powered by DMT in partnership with The INSIDE Network.

Alyssa Soto Brody, Co-Founder, Powered by DMT. “The development’s blend of exclusivity, modern design, and prime location in Bay Harbor Islands has resonated strongly with local and international buyers looking for a luxury home in South Florida. This global interest speaks to the unique appeal of the building and the quality of life it offers.”

RedHoek+, the firm behind the development, is expanding its presence in South Florida after experiencing growing interest in the region, particularly from both local and international buyers. This marks the firm's second project in Bay Harbor Islands, following the success of its initial venture in the area.

Revolutionizing New Development Sales: A Conversation with Tim Ng, Founder of Blackline

Blackline is a cutting-edge real estate sales platform designed to streamline new development sales through technology. Founded by industry veteran Tim Ng who has over 16 years of experience, the platform has already facilitated the sale of 80,000 units in Canada and is now expanding into Miami. Blackline offers tools like interactive floorplans, inventory management, and custom reporting, helping developers and sales teams work more efficiently and make data-driven decisions.

Give us your background, how did you get involved in the real estate industry?

I come from a real estate family… literally. Both my parents were in the industry on the brokerage and developer side, so it’s been a part of my life for as long as I can remember. Watching them navigate the market and sell real estate was an inspiration and it felt natural to follow in their footsteps. What I didn’t want to do was go the traditional route. I wanted to combine my passion for technology with real estate. So 16 years ago, straight out of university, I started our parent company, Adhoc Studio, which focused on creating award-winning renderings and building interactive sales gallery software.

Why did you decide to set out on your own to launch a real estate software?

Working closely with developers and sales teams for over 16 years, I saw firsthand the challenges and inefficiencies within the new development sales and marketing process. These experiences sparked my interest in finding solutions that could streamline operations and create efficiencies that will bring this segment of the industry into the digital age. My process for the research phase was anything but Adhoc. I conducted focus groups with industry change-makers and thought leaders, and after a year of listening and understanding the needs of my future clients, I realized what we can offer is going to be a game-changer.  

Tell us about Blackline? Who is it for and what services does the Blackline offer? 

Blackline is an industry-leading sales platform built to accelerate new development sales. Ideal for developers, sales agencies and brokerages, the platform brings a very antiquated process of new development sales into the digital age. Utilizing robust features like the interactive floorplan module, inventory management, custom reporting and suite stacking plans enables our clients to sell faster and more efficiently, resulting in higher profits and data driven insights.

What inspired you to expand Blackline to Miami? What factors did you consider when choosing Miami as the next market for expansion?

After establishing Blackline as a market leader selling over 80,000 units across Canada on the platform in our first 4 years, I wanted to strategically expand to the US. South Florida, particularly Miami fit the bill as their sales and marketing programs are similar to Toronto. Additionally, Miami’s dynamic and diverse real estate landscape, combined with the lifestyle appeal of condo living, made it an ideal entry point that aligned with our mission to provide cutting-edge tools that meet the needs of a fast-paced, evolving market.

What value does Blackline add for the developers and sales teams?

The Blackline platform combines innovation and sophistication to deliver features developers and sales teams can utilize to propel their new development sales programs. From the realtor portal to writing up final contracts, everything is branded and customized to the specific project. The platform has been built for realtor engagement, maximizing operational efficiency while also capturing the highest revenue. By using Blackline, clients also get access to real-time insights on their projects that show demand, activity and over 100 reports that can help inform them in making data-driven decisions. This data can help inform marketing strategies and planning of multi-phased selling programs. With all the tools you need, developer and brokerages save time and money while maximizing revenue.

How has the software evolved since you first launched? What new features or services can users expect in the near future?

Part of our corporate mission is to always be innovating. We stay closely connected to industry trends and experts to inform us of new pain points and the evolving needs. We recently launched two new features, Blackline Cast and Blackline Realm. Both cater towards enhancing the experience for realtors and buyers in sales galleries and tie into the Blackline software seamlessly. At the five year mark for the company, we are working to launch Blackline V2 which will have a lot more customization and control for clients while further creating efficiencies for their sales programs. Also, we are excited to be working on building a CRM into the platform which will make Blackline a front to back, full-service solution for New development sales.

What sets Blackline apart from other real estate sales software or CRM systems? 

We pride ourselves on Blackline being a platform that is built for the industry, by the industry. We spent over a year meeting with leading developers and sales companies to deeply understand the complexities, needs, and pain points of the sales and marketing process. Our mission was clear: to digitize and streamline the manual processes that sales teams, realtors, contract administrators, and marketing teams handle daily, making their workflows more efficient and seamless. 

How do you plan to integrate Blackline into the Miami market and what unique opportunities do you see there?

Miami is an exciting market right now. With the plethora of branded residences and high profile projects, Blackline is ideal for developers looking to maintain brand value through the sales process while being efficient and easy to use. Our platform is being utilized by CMC Group and Fort Partners for the Four Seasons Coconut Grove and we are excited to have other branded residences adopt the platform for their sales programs.

What challenges do you anticipate facing when expanding Blackline to Miami and how do you plan to overcome them?

The localized nuances of a new market will always be one of the biggest challenges. Each real estate market has a tried and true way of doing things and not everyone is open to change. Blackline also has an educational component to understanding how it can take your sales program to the next level. The challenges we face right now are trying to introduce it on a large scale to the Miami industry players. We’ve been fortunate to develop close relationships and align with some of the industry’s top sales and marketing leaders early on in our expansion and they have been mentors to us providing their invaluable guidance as we expand into the South Florida market. 

You have built out quite a team at Blackline, tell us about the team and how you plan to expand in Miami?

Our product, engineering, and customer success teams are made up of seasoned vets who have been at the forefront of real estate technologies and innovation for the past 16 years. Many of our team members have firsthand experience working for developers and new development brokerages, so they truly understand the industry - we really ‘get it’. Before we decided to expand into the Miami market, we spent 6 months learning the local market - engaging with new development realtors, listening sessions with sales managers and contract administrators at sales galleries. We also have our team there monthly, meeting with developers and brokerages, educating about the product whenever possible and attending industry events to stay connected to our clients. 

How do you envision Blackline making a positive impact on the Miami community?

Miami is ready for change and I feel Blackline is perfectly suited to complement the current lineup of large residential projects in the pipeline. Miami real estate is also being watched on a global stage and using Blackline gives developer and sales team the ability to connect with clients anywhere, anytime. The ability for everyone involved with a pre-construction transaction (developer, sales team, outside realtor, purchaser, lawyer) to interact with a single ecosystem will streamline their experience, maintain brand value and result in a more efficient sales process. 

What long-term goals do you have for Blackline in Miami and beyond and how do you plan to achieve them?

Miami is a primary market we’re focused on in the US but we have our sights set on going global. There is a real appetite to integrate technology into the new development sales process and Blackline is suited ideally for those looking to accelerate their sales, achieve efficiency and make data driven decisions for their projects. We are offering a product that has proven itself with over 80,000 units sold on the platform and we continue to innovate to meet industry needs. Through targeted education of the product, and exposure from marquee projects looking to adopt the platform, we believe Blackline will soon become the industry standard for new development sales, not only in Miami but globally.

Aztec Group Facilitates $55.6 Million Financing for Arcadia Gardens in Palm Beach Gardens

Aztec Group, a prominent real estate investment and merchant banking firm serving Florida for four decades, has announced its successful arrangement of $55.6 million in bridge financing for Arcadia Gardens, located in Palm Beach Gardens, Florida. This luxury age-restricted rental apartment community, encompassing 220 units across 10.64 acres, represents a significant investment in senior living infrastructure.

Developed in 2021, Arcadia Gardens offers residents a premium living experience coupled with a comprehensive amenity package. The centerpiece is its 15,210-square-foot clubhouse, featuring a plethora of amenities such as a fitness center, salon, movie theatre, and various sports courts including pickleball, bocce, and croquet. The community also boasts a pool, spa, walking trail, community garden, and full onsite dining facilities, ensuring residents have access to everything they need for a fulfilling lifestyle.

Strategically located in Palm Beach Gardens, Arcadia Gardens offers residents the convenience of easy access to over 2.9 million square feet of retail space within a one-mile radius. The proximity to The Gardens Mall, a renowned upscale shopping destination, further enhances the appeal of this vibrant community.

The project is managed by affiliates of the United Group of Companies based in Troy, NY, and Sina Companies of Palm Beach Gardens, FL. The United Group of Companies brings over 50 years of industry expertise to the management of Arcadia Gardens, further ensuring the success and quality of the development.

The financing for Arcadia Gardens was secured through MetLife and provides favorable terms, including full-term interest-only and a 36-month term. Peter Mekras, President of Aztec Group, emphasized the meticulous selection process, stating, “Aztec sourced multiple proposals for the financing of Arcadia Gardens and worked with the sponsors to select the capital source that could move quickly and understood the unique attributes of this age-restricted community.”

Aztec Group's success in arranging nearly $200 million in bridge financing in the first five months of 2024 underscores its expertise and commitment to facilitating transformative real estate projects.