RIVANI Acquires Historic Lincoln Theatre Building In Miami Beach for $37 Million

Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M. Following the momentum of the announcement that Playboy will relocate their global headquarters to the penthouse at RIVANI’s flagship project at 1691 Michigan Avenue, this latest acquisition further solidifies Rivani’s footprint on Miami Beach and signals a bold new chapter for the city’s most iconic pedestrian promenade.

“This is one of the most iconic properties on Lincoln Road and has the potential to reignite the area as the cultural heartbeat of the city,” said Rivani. “Our continued investment in Miami Beach is a strategic commitment to its long-term future, and 551 Lincoln is a cornerstone of our vision to make Lincoln Road great again.”

Secured at well below market value, the historically designated 1935 Art Deco property spans 35,240-square feet and is currently 98% leased to a premier tenant roster, including H&M, Swatch, Chilli Beans, and Tapelia Spanish Cuisine. H&M occupies approximately 84% of the building, operating its flagship Miami Beach store, while Swatch recently completed a full renovation and reopened in July of this year.

The property has received nine prestigious awards across global, national, state, county, and local levels, including the highly coveted ULI Visionary Project of the Year Award. With ongoing development and anticipated zoning changes in and around Lincoln Road, demand for prime retail and hospitality locations in the area continues to rise. The sale was brokered by JLL’s Danny Finkle and Evan Larh.

Rivani has amassed over $250 million of prime South Florida assets over the past few years, with $150M invested in Miami Beach alone. His holdings include acclaimed destinations including Amara at Paraiso, the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building. This year alone, he made headlines with a string of record-breaking deals, including the Playboy lease announcement, the $28.2 million sale of Catch Miami Beach—setting a Florida record for a freestanding restaurant—and a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel, marking one of 2025’s most significant hospitality-driven transactions.

Images via RIVANI and Anna Osborn

ORA by Casa Tua Now Designated Under EB-5 Investment Program

Fortune International Group (Fortune), a real estate leader in developing, funding, construction management, sales and marketing and led by the visionary founder, Edgardo Defortuna, has announced that ORA by Casa Tua – it’s celebrated lifestyle-driven residential development in the heart of Miami’s coveted Brickell neighborhood has filed with the USCIS for designation under the EB-5 Immigrant Investor Program and is now accepting EB-5 investments.

As one of the select condominium projects in Florida structured to accommodate EB-5 investment, ORA by Casa Tua blends soulful hospitality with elevated vertical living, representing a rare and exclusive opportunity for qualified foreign nationals to pursue U.S. residency through real estate investment. Under the U.S. EB-5 Program, individuals and their families (spouses and children under 21) who invest $1,050,000 in ORA by Casa Tua are eligible for a U.S. green card.

“The EB-5 designation for ORA by Casa Tua adds another layer of global appeal to what is already one of the most visionary lifestyle-driven residential offerings in Miami,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Given Casa Tua’s international brand cachet and the strength of the Brickell market, we expect strong demand from international investors eager to establish U.S. residency while owning a home in one of the country’s most vibrant cities.”

Located at 1210 Brickell Ave, ORA by Casa Tua will offer a refined collection of 533 fully furnished, impeccably finished studios to four-bedroom residences. Designed for effortless ownership and immediate rental flexibility, each residence is crafted with the brand’s signature attention to detail. Interiors are being designed by acclaimed Milan-based studio m2atelier. Residences will feature ten-foot ceilings, floor-to-ceiling windows with curated treatments, smart home technology, Italian-designed kitchens with top-tier appliances, imported bath fixtures, spacious walk-in closets, in-residence washer and dryers, and pre-wiring for high-speed internet, as well as sweeping views of Brickell, Biscayne Bay, and Coconut Grove, delivering an elevated living experience immersed in nature and light.

“Miami continues to attract global citizens who are not only looking to invest in real estate, but also in lifestyle and legacy,” added Defortuna. “ORA offers the full package, a rare opportunity to live well and establish permanent roots in the U.S.”

Complementing its exceptional residences, ORA by Casa Tua offers an unmatched amenity program designed to foster community, wellness, and cultural connection. Unique to the city, ORA will be home to a three-story open sky garden, bringing nature to new heights. Residents will also enjoy four new restaurant concepts: Terra, Uva, Fuoco, and Vento; state-of-the-art wellness spaces, co-working studios, and thoughtfully programmed areas for entertainment and relaxation. Every detail is infused with the hospitality ethos that has made Casa Tua a globally revered lifestyle brand.

Renderings via Fortune International Group

For more information about ORA by Casa Tua or to inquire about purchasing a unit please fill out the form below:

Allen Morris Co. To Launch First-of-its-Kind Sales Center Experience With Chèvre at Ziggurat Coconut Grove In October

Allen Morris Co., one of the leading real estate firms in the Southeast U.S., is proud to announce the debut of its Ziggurat Sales Center in Coconut Grove, featuring a first-of-its-kind collaboration with Chèvre, Miami’s acclaimed artisan café and wine concept. The partnership redefines the traditional sales center model, transforming it into a destination where visitors can explore both the future of the Ziggurat development and the flavors that embody the Grove’s vibrant lifestyle. The sales center, set to open in October 2025 at 3065 Fuller Street, will offer an exclusive preview of Ziggurat, the highly anticipated mixed-use destination designed by Oppenheim Architecture.

Chèvre, known as America’s first luxury cheese and sandwich brand, is celebrated for its gourmet creations, curated cheeses, boutique wines, and welcoming atmosphere. At the Ziggurat Sales Center, guests will experience its signature artisan sandwiches, refined charcuterie boards, and rare wine selections in an elevated yet inviting setting.

“Sales centers are often seen as purely functional spaces, but we wanted ours to reflect the spirit of Coconut Grove and the vision of Ziggurat,” said Spencer Morris, President of The Allen Morris Company. “By partnering with Chèvre, we’ve created an immersive experience that unites food, culture, and design, offering visitors a true preview of what Ziggurat will bring to the community.”

Located at 3101 Grand Avenue, Ziggurat will encompass a five-story, 100,000-square-foot office building, a three-story condominium with 19 ultra-luxury residences, and 40,000 square feet of retail space. The project is envisioned as a vibrant community hub, featuring lush paseos that flow into a central courtyard, a rooftop restaurant with panoramic views of Biscayne Bay, and interiors by Collarte Interiors. The landscape design, led by Andres Arcila of Naturalficial, will further elevate the project’s seamless connection between architecture and nature.

The residential component, exclusively represented by ONE Sotheby’s International Realty, will feature residences from 1,250 square feet to over 5,000 square feet, priced from $3.4 million.

With Chèvre opening at Ziggurat Sales Center, Allen Morris Co. has set a new precedent for how real estate can engage the community, creating a destination that blends culinary innovation with visionary development.

For more information about Ziggurat Coconut Grove or to inquire about purchasing a unit please fill out the form below:

PMG Announces The Sellout of One Twenty Brickell Residences

National developer PMG is pleased to announce the sellout of One Twenty Brickell Residences, a luxurious 37-story residential tower set to rise in the heart of Brickell. PMG Residential, PMG’s in-house brokerage, led the sellout of One Twenty Brickell Residences. This milestone also follows the securing of $413M in construction financing for the condo tower and the multifamily tower it shares a podium with, provided by an Ares Real Estate fund (“Ares”) and Monarch Alternative Capital. One Twenty Brickell Residences is slated for completion in 2028.

“We are truly honored by the overwhelming response we received for One Twenty Brickell Residences,” said Ryan Shear, Managing Partner at PMG. “Since its launch, this innovative development and its deeded office component have transformed what living and working in Miami’s premier business district can encompass, and to see it sell out a year after its conception in today’s market is nothing short of tremendous for us. We look forward to watching One Twenty Brickell Residences rise to meet Brickell’s skyline and advance toward welcoming residents through its doors.”

Unique to One Twenty Brickell Residences is its collection of first-of-their-kind dedicated office suites, deeded individually to residents upon their purchase of a condo unit. These suites will be located on levels two through twelve of the property and range up to 387 square feet. Each glass-paneled private office boasts a range of features to make working convenient for residents including locking access, a desk and chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi. The office space also comes equipped with a receptionist and reception area, private office elevators, and a coffee station. A reservable conference room is available with an eight-person capacity conference table, a 72-inch smart TV with a mounted camera, a conference phone, and complimentary Wi-Fi.

Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, One Twenty Brickell Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio- to three-bedroom apartments, ranging from 452 to 1,395 square feet. Each residence will include fully-integrated kitchens with custom countertops, backsplashes, a contemporary undermount sink, and a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, fully built-out closets in the primary bedrooms, designer polymer wood flooring, flooring selections included with specifications recommended by Cotofana Designs, a contemporary lighting package, and a built-in top-of-the-line washer and dryer. Residences will also offer an unprecedented level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.

“I could not be more proud of our team at PMG Residential for their determination and highly skilled approach to achieving this sellout for One Twenty Brickell Residences,” said Sergio Pintos of PMG Residential. “Brickell is one of the most competitive neighborhoods in Miami, and our team did a tremendous job of navigating the market and expertly positioning this property’s unique offering to buyers to secure this outcome.”

Over 60,000 square feet of amenities at One Twenty Brickell Residences is dedicated to serving as an extension of the home, delivering remarkable services and social experiences to residents both indoors and outdoors. Amenities include an owner’s lounge, an infinity-edge pool, a pickleball court with courtside seating, a kid’s club and gym, a cafe and juice bar, and the One Twenty Brickell Residences Wellness & Fitness center, equipped with steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn. Personalized services, including a building and wellness concierge, fully centralized management of the property, and smart-building technology will enable residents to truly make the most of every moment. Additionally, residents will be surrounded by beauty and color as they live, work, and play in their new homes thanks to a curated collection of custom art installations throughout the property.

Renderings via ARX Creative

For more information about One Twenty Brickell Residences or to inquire about purchasing a unit please fill out the form below:

Terra Secures $285 Million Construction Loan And Announces Groundbreaking For Mr. C Hotel & Residences West Palm Beach

Terra, a prominent real estate development company in Miami’s Coconut Grove, and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, announced today the closing of a $285 million construction loan for Mr. C Hotel & Residences West Palm Beach. The financing, provided by TYKO Capital, represents a pivotal milestone as the project, which just broke ground, commences construction at 70% sold. Aztec Group represented the borrowers in the construction loan deal. Douglas Elliman and Douglas Elliman Development Marketing exclusively handle sales and marketing for the building.

“Our lender recognizes the prime opportunity in West Palm Beach and the potential for continued growth in demand,” said David Martin, CEO of Terra. “Breaking ground on Mr. C Hotel & Residences marks a new era of quality and convenience in downtown. With walkable access to excellent retail and dining, the property offers a turnkey lifestyle defined by curated design, elevated service, and effortless sophistication that no other project in West Palm Beach has. We look forward to completing this project next year.”

Once complete, Mr. C Hotel & Residences West Palm Beach will feature 110 hotel suites, 146 expansive branded residences, and a highly personalized lifestyle through elevated services tailored to residents’ individual needs. Designed by the renowned architecture firm Arquitectonica and the award-winning design studio Meyer Davis, the homes are a modern interpretation of classic European living. Interiors feel both relaxed and refined, drawing inspiration from the iconic glamour of the Italian Riviera in the 1950s, as well as the local sailing culture and the vibrant energy of West Palm Beach. Thoughtful layouts create a sense of openness; the units’ expansive windows frame sweeping views of the Intracoastal Waterway and city skyline. Each home boasts refined finishes, premium materials, and subtle design elements that reflect a sense of ease and intentionality. Select residences feature spacious corner exposures and generous outdoor terraces.

“We’re excited to watch this project come to fruition alongside our partners at Terra. The financing and groundbreaking brings us one step closer to delivering Mr. C’s unmatched residential lifestyle in downtown West Palm Beach,” said Tommy Morrison, President at Sympatico Real Estate.

Amenities at Mr. C Hotel & Residences West Palm Beach bring Mr C’s signature hospitality into every corner of the building. Residents will enjoy a garden-level lap pool with private cabanas, a poolside bar and lounge area, a fully equipped fitness center with dedicated rooms for yoga, pilates, and Peloton workouts, and a signature spa with steam and sauna rooms. Additional features include a library, business lounge, Little C’s Outdoor Playground, high-speed private elevators, curated art installations throughout shared spaces, and access to the custom Mr. C Hotel & Residences app for streamlined communication and service requests. A private members' lounge offers an intimate setting for relaxing or gathering with neighbors, further enhancing the sense of community and exclusivity that defines the Mr. C lifestyle.

“As a brokerage that specializes in representing the region’s most compelling properties, we are proud to be aligned with a project as thoughtfully executed as Mr. C Hotel & Residences West Palm Beach,” said Jay Parker, CEO of Douglas Elliman Florida. “From its elevated aesthetic to its connection with a globally respected brand, this development offers something truly distinct in today’s market. The combination of design, service, and location has already resonated strongly with buyers, and we expect that momentum to continue as construction progresses.”

Mr. C Hotel & Residences West Palm Beach offers a highly personalized lifestyle through an array of elevated services tailored to residents’ individual needs. A professional hospitality team is available to coordinate everything from housekeeping, pet care, and appointment scheduling to in-home dining, package handling, and travel support. Upon arrival, residents are welcomed through a private porte-cochère with round-the-clock valet and front desk assistance. A wellness-focused concierge arranges services such as personal training, spa treatments, nutrition guidance, and beauty appointments. For social gatherings, residents can access event planning support and food and beverage coordination.

Mr. C Hotel & Residences was founded by Ignazio and Maggio Cipriani, the fourth generation of the Cipriani family, known for shaping some of the most iconic hospitality experiences in the world. Since launching the first Mr. C Hotel in Beverly Hills in 2011, the brand has expanded to New York, Miami, and Dubai, each property offering a modern take on classic European elegance. Mr. C Hotel & Residences West Palm Beach is the latest iteration of that evolution, representing the brand’s newest residential address and its first in Palm Beach County.

“Every Mr. C property is an expression of our way of life, with warmth, attention to detail, and a relaxed sense of sophistication,” said Ignazio Cipriani, Co-Owner of Mr. C Hotels. “Bringing that sensibility to West Palm Beach is something we are truly proud of. This project reflects the way our family approaches hospitality, where design, service, and atmosphere come together with intention. The hotel and residences will offer a lifestyle that is elevated yet comfortable, grounded in tradition and built for how people live today.”

Renderings via Binyan Studio

For more information about Mr. C Hotel & Residences Coconut Grove or to inquire about purchasing a unit please fill out the form below:

Playboy To Relocate Global Headquarters to RIVANI Miami Beach

Robert Rivani, the commercial real estate and hospitality visionary known for disrupting traditional asset classes and transforming them into headline-making destinations, announced that Playboy has signed a lease at his flagship project, RIVANI at 1691 Michigan Avenue.

The new RIVANI Miami Beach building—Rivani’s $100 million “Class X” office redevelopment—will serve as Playboy’s headquarters. Located adjacent to Lincoln Road, the project redefines the workplace by blending five-star hospitality, curated wellness, and elevated design, setting a new benchmark for commercial office buildings.

“Securing a top-tier, globally recognized company like Playboy underscores the level of prestige and energy we are bringing to RIVANI Miami Beach, and we are excited for the world-class brands that will join them,” says Robert Rivani.

The announcement coincides with Rivani’s debut of his company’s rebrand from Black Lion to RIVANI — showcasing a commitment to creating revolutionary environments where hospitality, design, wellness, and service converge at the highest level.

“The rebrand is a pivotal moment for us—it reflects who we are today and where we’re headed,” says Rivani. “Black Lion laid the foundation, and RIVANI is the evolution. We’re continuing to disrupt the industry with a timeless, elegant and intentional approach to lifestyle-driven experiences.”

Designed by the award-winning Rockwell Group and inspired by Rivani’s hospitality experience, RIVANI Miami Beach offers elevated amenities including a full-service concierge, valet, world-class spa, fitness and wellness center, meditation room, Omakase restaurant, speakeasy, living room-style meeting spaces, and private event venues.

Rivani has amassed nearly $200 million of prime South Florida assets over the last 10 years, anchored by some of Miami’s most sought-after restaurant and retail spaces. His holdings include marquee destinations such as Amara at Paraiso, the upcoming GAIA, and the fully leased Wynwood Jungle. This year, he made headlines with a string of record-breaking deals, including the $28.2 million sale of Catch Miami Beach—setting a Florida record for a freestanding restaurant—and a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel (formerly SLS Brickell), marking one of 2025’s most significant hospitality-driven transactions.

Images via RIVANI Miami Beach

OKO Group Commences Vertical Construction at Aman Residences, Miami Beach

Following extensive below-grade piling, excavation work and construction from OKO Group and Access Industries’, Aman Residences, Miami Beach, will commence vertical construction. With the development’s foundation system now complete, general contractor Suffolk is now progressing skyward with approximately one floor set to be completed every two weeks through top-off in early 2026. Delivery of the fully committed 18-story residential tower, designed by renowned architect Kengo Kuma, remains on track for 2027.

Located at 3425 Collins Avenue, Aman Miami Beach will blend ultra-luxury amenities and residential offerings within Miami Beach’s Faena District. The tower will feature 22 Aman-branded residences alongside the preserved historic Versailles Hotel, which will host 56 hotel rooms, designed by the acclaimed Jean-Michel Gathy of Denniston, a long-time interior and architecture collaborator with Aman.

“With the foundation of Aman Residences, Miami Beach nearing completion, we’re entering a pivotal stage in the project as the structure begins to rise visibly above grade,” said Alan Chun, Chief Operating Officer of OKO Group. “This momentum builds on Aman’s record-setting residential sell-out, with the development poised to elevate Miami Beach as a world-class destination for design, wellness, and luxury living.”

The start of vertical construction follows intensive groundwork, including the creation of a two-level underground parking structure – an engineering feat made possible through advanced Deep Soil Mixing and Triple Soil Mixing techniques. These methods stabilized the beachfront site’s soil and mitigated groundwater intrusion, enabling the installation of the building’s foundation system.

“Suffolk is honored to help bring this exceptional project to life,” said Tom Thrasher, General Manager of Suffolk’s Florida East Coast. “The prestige of the Aman brand and the design pedigree of Kengo Kuma make this one of the most exciting builds in the history of Miami Beach. We are thrilled to leverage our cutting-edge technologies, data, and AI solutions to deliver an exceptional experience and project that will exceed expectations and help redefine how iconic projects are built.”

Designed by celebrated Japanese architect Kengo Kuma, Aman Residences, Miami Beach, embraces a minimalist aesthetic that combines angular lines and soft, undulating forms. It draws on Japanese materials and motifs while respecting Miami Beach’s Art Deco heritage. Kuma’s design introduces fluid transitions between interior and exterior spaces, creating a structure that is both visually striking and harmonious with the surrounding landscape.

Images via OKO Group/Access Industries

For more information about Aman Residences, Miami Beach or to inquire about purchasing a unit please fill out the form below:

Midtown Park and ULTRA Padel Join Forces to Debut the Largest Padel Club in the U.S.

Rosso Development and Midtown Development, in partnership with ULTRA Padel, are thrilled to unveil ULTRA Club Midtown — a vibrant 2-acre pop-up padel destination at the future site of Midtown Park, the $2 billion mixed-use development reimagining nearly five acres in the heart of Midtown Miami. Set to become the largest padel club in the United States, the project marks a bold milestone in the evolution of the sport and a defining addition to the cultural fabric of the neighborhood.

“Bringing in ULTRA Padel enhances our vision to create vibrant, healthy, and activated public spaces,” said Carlos Rosso, Founder & CEO of Rosso Development. “We are proud to partner with a pioneering brand that truly understands the intersection of wellness, community, and lifestyle.”

ULTRA Club Midtown will feature 11 state-of-the-art outdoor padel courts and 3 dedicated children’s courts, alongside curated amenities including a food and beverage concept and community programming. As the world’s fastest-growing sport, padel continues to gain momentum globally — and ULTRA Padel, the internationally recognized brand redefining the experience, will infuse this dynamic new destination with its signature energy and innovation.

“We are excited to introduce a world-class social hub to Miami’s most connected neighborhood,” said Guillermo Barragan, CEO of ULTRA Padel. “This state-of-the-art facility is designed for everyone, from beginners to seasoned players, offering an inviting space to play, socialize, and elevate your game.”

The premium facility will cater to players of all skill levels and will offer a first look at what’s to come at Midtown Park. ULTRA Padel will also brand and operate the permanent 8-court Racquet & Padel Club at Midtown Park, a centerpiece of the development’s first phase and a major new addition to Miami’s growing racquet sports scene.

"We are bringing the ULTRA energy to Midtown,” said Nico Clerc, Head of ULTRA Padel Operations. “This hub will be the social country club of the neighborhood, built around an unparalleled club experience."

As an integral part of the Midtown Park master plan—which includes thoughtfully designed green spaces, pedestrian paseos, luxury residences, premium office space, gourmet dining, elevated retail, and world-class art programming—the club will introduce high-energy recreational experiences to the broader community, while enhancing the lifestyle of residents at Midtown Park Residences by Proper.

As the first 28-story tower to be launched, Midtown Park Residences by Proper will offer a collection of 288 stylish residences that seamlessly blend luxury living, world-class hospitality, and dynamic public spaces. With seamless walkability to the Design District and Wynwood, the property is being brought to life by an extraordinary ensemble of leading architects and designers – including Arquitectonica, Meyer Davis Studio, and Naturalficial. Owners gain access to over 40,000 square feet of private amenity spaces, an expansive tropical pool deck with signature restaurant and bar, and wellness offerings including a state-of-the-art fitness center and spa, yoga and meditation garden, and private pickleball court. Residents will also enjoy curated social areas including an art-filled lobby, gourmet coffee bar, events lounge, business center, private party room, kids club, virtual golf simulator and screening room, a communal vegetable garden, plus access to exclusive events across the Proper Hospitality’s portfolio.

For more information about Midtown Park Residences by Proper or to inquire about purchasing a unit please fill out the form below:

Master Construction Permit Issued For 70-Story Okan Tower in Downtown Miami

Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit. The permit allows the development team to move forward with all interior and mechanical systems—including plumbing, HVAC, electrical, elevators, and life safety—marking the final step before full vertical completion and interior buildout.

Soaring to 70 stories, once completed, Okan Tower is on track to become one of the tallest buildings on Miami’s skyline at 902’. Construction of the project, led by Okan Construction LLC, has already reached the 30th floor of vertical construction, with the 50th floor expected by the end of the year. The team is currently working on the hotel mezzanine level located on the 30th floor. Just weeks away from the halfway mark, the tower is rising at a pace of approximately one floor per week. The building is projected to top off in 2026 and welcome residents and guests in 2027.

The master permit, issued by the City of Miami, is one of the most important approvals in any major construction project, consolidating all key trades into one comprehensive authorization, enabling work to advance across every level of the tower simultaneously. For developer Okan Group, this milestone signals accelerated momentum toward delivering one of Miami’s most ambitious and dynamic new buildings.

“With this permit in hand, we now have the green light to complete every element of the building,” said Bekir Okan, Chairman of Okan Group. “It’s a defining step that moves us from structure to experience—bringing to life the Hilton hotel, luxury residences, office space, and amenities that will make Okan Tower a destination in itself.”

The Hilton Miami Bayfront Hotel, which spans floors 14 through 30, is now structurally completed and is being built to a five-star standard. With Miami posting record hotel occupancy in 2024 and visitor demand continuing to surge, the Hilton Miami Bayfront is a much-needed addition to the city’s hospitality offerings—especially in the fast-growing Downtown Miami area.

Beyond hospitality, Okan Tower will include 236 condo-hotel units managed by Hilton Hotels & Resorts®, 163 luxury Sky Residences, nearly 68,000 square feet of Class A office space, and more than 80,000 square feet of amenities. All amenity spaces—excluding the highly anticipated rooftop pool—have already been completed to date.

Strategically located at 555 North Miami Avenue, Okan Tower places residents and visitors at the nexus of culture, entertainment, and commerce. The tulip-inspired tower, designed by Behar Font & Partners, pays homage to the developer’s Turkish heritage and represents a bold architectural statement in one of America’s most dynamic cities.

Exclusively marketed and sold by Fortune Development Sales, Okan Tower’s sales gallery is located at 542 North Miami Avenue.

Renderings via Okan Tower

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

'Wynwood Haus' Locks Down $56 Million Refinancing of Multifamily Apartment Tower Overseen By Berkadia

Berkadia, a distinguished leader in the commercial real estate sector, announces it arranged a $56 million loan to recapitalize Wynwood Haus, a newly built 224-unit multifamily community with ground-floor retail located at the entrance to Miami’s Wynwood neighborhood.

Managing Directors Brad Williamson and Scott Wadler of Berkadia Miami and Senior Managing Directors Chris Ellis of Berkadia Denver and Mitch Sinberg of Berkadia Boca Raton, along with Managing Director Matt Robbins, Vice President Abigail Beauchamp and Director Jared Hill, arranged the financing on behalf of the joint venture sponsors, Miami-based real estate investment, development and design firm LD&D (in a joint venture with IGEQ), national real estate firm Black Salmon, and Salt Lake City-based Bridge Investment Group.

Fannie Mae provided the seven-year, fixed-rate loan with full-term interest-only. The property was 94% occupied. The deal closed on July 21.

Completed in 2024 at 1765 N. Miami Avenue, Wynwood Haus is a 20-story property located at the entrance of Wynwood and offers studios, one- and two bedroom-units, along with 6,824 square feet of ground floor retail. One hundred of the apartments are workforce housing for families earning 100 to 140% of area median income (AMI). Modern details and finishes include floor-to-ceiling windows, oversized balconies, full-size in-unit washer and dryer, wireless-controlled smart thermostat, 10-foot ceilings, walk-in closets in most units, a rain shower, and secure keyless entry. Community amenities include a pool and sun deck with bay views, a fitness center and outdoor terrace, a co-working area and conference room, library, resident lounge, pet grooming station, electric car charging stations, a smart locker package room and cold storage.

The property is a designated transit-oriented development (TOD) within walking distance of the School Board Metromover station, offering convenient access to downtown Miami, Brickell and Miami Beach, and other areas via the Metrorail and Brightline regional commuter train.