Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.
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Gunther Werks Set To Open First East Coast Showroom In Partnership With Prestige Imports
Renowned as a restorer of remastered custom icons inspired by the Porsche 993 generation of the 911 from twenty-five years ago, Gunther Werks is set to open the company’s first East Coast showroom in partnership with Prestige Imports. One of the global epicenters of exotic car collecting in the South Florida car market, the new Prestige Imports showroom news comes as Gunther Werks continues offering limited-edition restored and remastered Porsche 911 across the world.
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Rendering via Binyan Studios
PPG Development Launches Kobi Karp-Designed Bay Harbor Towers in Bay Harbor Islands
PPG Development and L3C Capital Partners have launched sales for Bay Harbor Towers, an eight story luxury waterfront condominium located at 10143 East Bay Harbor Drive in Miami’s exclusive Bay Harbor Islands. Fortune Development Sales will lead the exclusive sales and marketing of Bay Harbor Towers with prices starting at $1.9 million.
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ARGENTINIAN RESTAURANT GROUP OPENS THEIR FIRST U.S. RESTAURANT IN MIAMI - CHIMBA
Argentinian based restaurant group, Grupo Alfoz is expanding their reign in Miami. The iconic gastronomic focused company has successfully opened more than 10 restaurants in Argentina and most recently Tulum. Miami is their next stop where they’ve partnered with local and foreign investors to debut all-day eatery, Chimba.
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Inside ‘The Revitalization of North Beach: An Exploration Into the Past, Present & Future’ Presented by Ella Miami Beach
On Wednesday November 1, 2023, PROFILEmiami, Ella Miami Beach and Constellation Group presented ‘The Revitalization of North Beach: An Exploration Into the Past, Present & Future’, featuring an immersive panel event exploring Miami Beach’s North Beach, its rich past, and fast changing landscape.
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The John Buck Company, Florida Value Partners, BH Group and PEBB Enterprises Reveal HUB Miami Mixed-Use Tower in Downtown Miami
The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises have launched HUB Miami located in Downtown Miami at 525 NW 2nd Avenue. The 41-story mixed-use tower will seamlessly blend leisure and work with 306 condominium residences and 245,000 square feet of Class-A office space designed by ODP Architects with interiors by One Line Design Studio.
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Mixed-Use Multifamily Development Wynwood Haus Launches Pre-Leasing In Wynwood
Wynwood Haus, a new mixed-used, multifamily development designed to encourage living, working, wellness and community in one central locale, has launched pre-leasing for its 224 luxury apartment homes and prepares to welcome its first residents by year's end. Leasing is overseen by Metro1.
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Panelists (L-R): Jakub Hejl, Founder & CEO, Westside Capital; Manuel de Zárraga, Executive Managing Director, Executive Committee Council Member, JLL Capital Markets, Americas; Diego Torrealba, Vice President, MG Developer & University of Miami; Dr. Andrea Heuson, Academic Director of Real Estate Programs at Miami Herbert Business School; Marc Chasin, Vice President, Eden Multifamily; Moderator: Demetri Demascus, Co-Founder of PROFILEmiami
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.
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FIRST ON PROFILE: Audemars Piguet Signs Lease at Eighteen Sunset To Open Miami's First AP House in Sunset Harbour
A new level of luxury is coming to Miami Beach’s Sunset Harbour district in the form of AP House. The boutique hospitality experience created by the Swiss luxury watch brand Audemars Piguet has leased 11,841 square feet at Eighteen Sunset – the landmark mixed-use project, home to the only Class A+ office product currently under construction on Miami Beach.
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Rosso Development, Standard International and Midtown Development Lock Down $45.045 Million Construction Loan For Standard Residences, Midtown Miami
Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
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