The Berkeley Palm Beach has closed on a $62.5 million pre-construction loan with New York-based JVP Management, marking a significant milestone for the 25-story, 193-residence development rising on Clear Lake in downtown West Palm Beach.
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Tower Capital Partners Co-Founders Demetri Demascus & Christian Iacovelli
Tower Capital Partners Launches Offering Exclusive Investor Access To Premier Real Estate Development Opportunities In Miami
PROFILEmiami Founder Demetri Demascus and former auto-industry executive Christian Iacovelli have joined forces to launch Tower Capital Partners, a private equity firm that invests with real estate developers with a proven track record of delivery high-quality real estate development projects and offers individual accredited investors access to private, institutional level deals typically reserved for family offices.
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SB Development Group and Hazelton Capital Group Secure $170 Million in Financing for Cove Miami
New York-based SB Development Group and Hazelton Capital Group have secured $170 million in construction and land financing for the development of Cove Miami, a 40-story luxury condominium in Miami’s tranquil Edgewater district.
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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.
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ORA by Casa Tua Now Designated Under EB-5 Investment Program
Fortune International Group (Fortune) 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.
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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.
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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.
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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.
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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.
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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.
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