Constellation Group and The Boschetti Group Officially Open Cora Merrick Park Sales Gallery in Coral Gables

The new sales gallery for Cora Merrick Park – the first wellness-oriented residences in Coral Gables – is now officially open at 4200 Laguna Street in Coral Gables. On Tuesday, Sept. 30, developers Constellation Group and The Boschetti Group celebrated the grand opening of the gallery with Douglas Elliman Development Marketing, inaugurating the space and giving the community a sneak peek of the luxurious details and wellness features that make this project unique. Guests enjoyed live music, sipped adaptogenic cocktails and wellness elixirs, and participated in immersive demonstrations of red-light therapy panels and lymphatic compression treatments, curated by Centner Wellness. Inside the gallery, guests explored Cora’s signature finishes – natural stone, wood, and tile imported from Europe and around the world.

Designed by Arquitectonica with interiors by Urban Robot, Cora Merrick Park is delivering 74 refined residences priced from the $900,000s to over $4 million to Merrick Park – Coral Gables’ world-class shopping and dining destination. The project is directly across the street from Shops at Merrick Park, and walking distance to downtown Coral Gables and the Metrorail, and just minutes from Coconut Grove, University of Miami and Downtown Miami/Brickell.

“Cora Merrick Park is the first residential community in Coral Gables designed to integrate wellness into everyday living,” said Eduardo Otaola, Managing Principal at Constellation Group. “At the same time, it meets pent-up demand for new luxury product in Coral Gables. Cora offers a compelling alternative to the single-family home market in an irreplaceable location that delivers walkability, community, and the quality-of-life benefits that Coral Gables is known for – all in a finished turnkey-project with world-class amenities.”

Spanish wellness firm Lamarca Well, best known for creating the first wellness hub in Madrid, Spain, is overseeing Cora’s wellness programming. Key components include biophilic design, advanced air and water purification systems, noise-reducing acoustic design, non-toxic building and cleaning materials, a fitness center with a dedicated recovery area, and a spa with infrared sauna, steam room, contrast hydrotherapy (hot and cold) pools, and red-light therapy panels. Additional offerings include a resort-style roof deck pool, yoga and meditation area, lobby tearoom, and the first rooftop padel court in Coral Gables.

“At CORA Merrick Park, we believe wellness isn’t just about offering a product or service – it’s about delivering a lifestyle and creating environments that support lasting change,” said Mischka Capriles, Lamarca Well co-founder.

Lamarca and Arquitectonica will also oversee Cora’s enrollment in the International Well Building Institute (IWBI) WELL for residential program – an evidence-based, third-party certification aimed at creating healthier, more resilient homes.

Located at 4241 Aurora Street, Cora Merrick Park offers 13 unique floor plans, from one-bedrooms to expansive three-bedroom plus den residences. Each home has 10-foot ceilings, Italkraft kitchens, Sub-Zero/Wolf appliances, designer stone countertops, custom porcelain flooring, walk-in closets, and private, expansive lanais in select residences.

Cora offers a design-forward reinterpretation of the Spanish Mediterranean aesthetic through a modern, wellness-focused lens. Classic natural materials are used in novel ways to bring natural sophistication to interior spaces. Coralina stone and marble are paired with a dark stained oak – a nod to Coral Gables’ oak canopy – to create a moody, sexy color palette. Textured lime-wash walls and soft, organic stone forms – from the fluted marble lobby column to the rounded edges of the kitchen islands and bathroom vanities – foster calm and evoke a connection to nature. In the residences, a unique chevron-patterned, porcelain-tile floor from Spain’s Living Ceramics puts a contemporary spin on the classic design motif. Floor-to-ceiling windows usher in natural light to create a modern aesthetic rarely seen in the city.

Hospitality-inspired details, including a striking sculptural reception desk in the lobby and custom property fragrance, bring an added touch of European elegance. Outside, an original sculpture by celebrated Catalan visual artist Jaume Plensa anchors a lush 5,000-square-foot park, underscoring Cora’s seamless blend of art, architecture, and wellness.

Images via World Red Eye, Renderings via Cora Merrick Park

For more information about CORA Merrick Park or to inquire about purchasing a unit please fill out the form below:

Inside the 2nd Annual PROFILEmiami Pre-Construction Development Summit 2025 Presented by The Delmore Surfside at Luminaire Flagship Coral Gables

On Thursday, September 18, 2025, PROFILEmiami hosted the Second Annual PROFILEmiami Pre-Construction Development Summit 2025 Presented by The Delmore Surfside at the stunning Luminaire Flagship showroom in Coral Gables. The sold-out evening brought together 400+ of South Florida’s most influential developers, brokers, investors, architects, financiers, and development sales leaders for a curated evening of real estate showcases, powerhouse panels, and elevated networking. Against the backdrop of Miami’s booming skyline and luxury lifestyle, guests enjoyed a dynamic program highlighting the projects, strategies, and capital shaping the next wave of condo developments shaping the skylines across Miami, Fort Lauderdale, and Palm Beach.

The event reaffirmed PROFILEmiami’s position as one of the leading conveners in South Florida’s real estate ecosystem. The Summit provided an unparalleled opportunity for thought leadership, market insights, and networking in a city where the pace of development continues to capture global attention. Guests gathered in Luminaire’s sleek, design-forward showroom — a fitting backdrop for discussions about world-class architecture and design — and were treated to an evening that combined serious market intelligence with PROFILEmiami’s signature energy and style.

At the heart of the evening was the Real Estate Showcase, which highlighted some of the most exciting and innovative projects rising across Miami, Fort Lauderdale, and Palm Beach. Guests explored visionary developments ranging from ultra-luxury branded towers to boutique residences redefining lifestyle and community in South Florida. Developers and sales teams presented their latest offerings, while investors and brokers were able to connect directly with the projects shaping the region’s residential future.

Beyond the formal programming, the Summit was also a social experience, with a bespoke networking cocktail soirée and elevated networking environment that allowed attendees to forge new relationships and deepen existing ones. The energy in the room reflected the optimism and confidence surrounding Miami’s market — and reinforced why the city has emerged as a global hub for real estate, design, and investment.

The Showcase Experience

The Showcase spotlighted some of the most ambitious and design-forward developments now shaping Miami’s skyline and neighborhoods, blended with lavish cocktails and PROFILEmiami’s industry leading Bespoke Networking. The Delmore Surfside by Zaha Hadid Architects (DAMAC) introduced world-class architecture to the heart of Surfside, while Continuum Club & Residences and La Baia North expanded Continuum’s legacy of luxury living to new destinations. In Brickell’s urban core, The Standard Residences and Domus Flats redefined lifestyle-driven living, blending work, social, and community spaces in innovative ways. In Coral Gables and Coconut Grove, Ponce Park Residences and Ziggurat by The Allen Morris Company showcased forward-looking design anchored in two of Miami’s most historic neighborhoods.

Beyond these flagship projects, the Showcase also featured a diverse slate of developments transforming their respective districts: Midtown Park by Proper and Rosso Development, Edge House by Grupo T&C, Turnberry One Park Tower, Seven Park Residences by Kadima Developers, River 14 District by Alta Development, The Rider Residences Wynwood by Rilea Group, Atelier Residences Miami by BLDG Ventures, Cora and Ella by Constellation Group, and ELLE Residences Miami by Vertical Developments & Urban Network Capital Group. Collectively, these projects underscored the creativity, ambition, and range of Miami’s current development cycle — from boutique to skyline-defining towers.

Alongside the projects, the Showcase brought together an elite group of sponsors and industry leaders powering South Florida’s real estate ecosystem. Berkadia and BI Group USA highlighted the capital and financing backbone behind Miami’s growth, while specialized partners such as Modern Stones, La Cuisine Appliances, Fairfield Integrated Systems, Renson, Walk Thru Plans, Condessa Kitchens, and Roomsys showcased the innovation and craftsmanship shaping the buyer experience. On the construction and operations side, Jacob Companies Construction, Blackline, and MP Parking demonstrated the strength of Miami’s building and infrastructure pipeline. Finally, Ivy Risk Strategies and Lockton represented the advisory and risk management side of the industry, underscoring the full 360-degree ecosystem required to bring world-class developments to life. Together, the Showcase celebrated the projects, companies, and partnerships driving South Florida’s next era of real estate excellence.

The PROFILEmiami Pre-Construction Development Summit 2025 was not just a gathering — it was a celebration of the ambition, innovation, and collaboration that continue to drive Miami forward as one of the world’s most dynamic real estate markets.

Panels:

Panel 1: The Business of Selling Pre-Construction Real Estate

Panel 1: The Business of Selling Pre-Construction Condos

The first panel, The Business of Selling Pre-Construction Condos, featured Jay Phillip Parker (Douglas Elliman), Catalina Martinez (ONE Sotheby’s), Alyssa Soto-Brody (Powered by DMT), Phil Gutman (Continuum Company), Michelle Quinoa (Two Roads Development) and Jesse Ottley (Cervera Real Estate). The conversation dove into the strategies shaping Miami’s pre-construction market, from how sales teams are adapting to shifting buyer demographics, to what lifestyle amenities and finishes are resonating most strongly today. Panelists shared firsthand experiences on what worked in past cycles, what no longer applies in 2025, and where they are seeing the greatest success right now. The discussion highlighted the importance of innovation in sales galleries, digital outreach, and broker partnerships, while also exploring how agents can enter development sales teams and what it means to succeed within one. The takeaways offered invaluable insight into how Miami’s leading sales executives are keeping pace with a highly competitive and rapidly evolving market.

Panel 2: Capital Risk and Financing

Panel 2: Capital, Risk & Innovation in Development

The second panel, Capital, Risk & Innovation in Development, brought together Eduardo Otaola (Constellation Group), Isaac Toledano (BH Group), Fernando de Nunez y Lugones (Vertical Developments), Scott Wadler (Berkadia) and Lisa Holt (Ivy Risk Strategies). The group tackled one of the most critical aspects of development: financing and risk management in a volatile global economy. The panelists explored how today’s developers are structuring partnerships, balancing equity requirements, and tapping into diverse capital sources — from JV partnerships and mezzanine financing to EB-5 programs and international capital inflows. The conversation also highlighted the rising cost of insurance and how it is reshaping underwriting, project design, and long-term risk strategy. What emerged was a nuanced picture of a market that is both competitive and resilient, where creative deal structures and innovative financial engineering are unlocking opportunities for ambitious projects to move forward.

Panel 3: Shaping Miami’s Skyline

Panel 3: Shaping Miami’s Skyline

The closing panel, Shaping Miami’s Skyline, featured Jeffery Rossely (The Delmore Surfside), Ian Bruce Eichner (Continuum Company), Carlos Rosso (Rosso Development), Spencer Morris (Allen Morris Company), and Olzhas Ayazbayev (BI Group), moderated by Fred Zutel (Lockton). This forward-looking conversation explored how developers are redefining Miami’s skyline with a new generation of towers that blend design innovation, lifestyle programming, and global appeal. Panelists discussed the balance between ultra-luxury and attainable product, the role of branded residences, and how developers are elevating quality in response to today’s higher pricing baseline. They emphasized that Miami is now delivering projects that compete on a world stage — in design, amenity packages, and construction quality — rivaling global hubs like New York, London, and Dubai. The discussion closed with each panelist sharing their vision for Miami’s next decade, painting a picture of a city whose skyline will continue to grow more ambitious, diverse, and internationally relevant.

Showcase & Networking:

Sponsors:

RIVANI Closes Landmark $19.8 Million Sale of Waterfront Amara at Paraiso Restaurant Space in Edgewater

Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.

“As one of my first hospitality acquisitions in South Florida, this property set the tone for what was possible,” said Rivani. “The space is one of Miami’s most beautiful waterfront assets and will always hold deep meaning for me. With this milestone, my focus is on creating the next generation of lifestyle experiences that will continue to elevate the city’s hospitality and office landscape.”

Completed in 2018, the two-story 12,316-square-foot space sits at 3101 N.E. 7th Avenue in Miami’s vibrant Edgewater district and is home to Amara at Paraiso, the celebrated Latin American restaurant from The Genuine Hospitality Group led by James Beard Award-winning chef and restaurateur Michael Schwartz. Rivani purchased the property in 2021 for $12.1 million. The indoor-outdoor waterfront venue features a main dining room and bar with seating for 150, floor-to-ceiling windows with sweeping Biscayne Bay views, and deck seating for 70 guests directly on the water. The property’s central location offers excellent connectivity to all major submarkets in eastern Miami via Biscayne Boulevard, Interstate-195, the MacArthur Causeway, Interstate-95, Interstate-295 and the Dolphin Expressway.

JLL Capital Markets Senior Managing Director Alex Sharrin, Director Jeffrey Cicurel and Analyst Noel O’Donnell represented RIVANI in the transaction.

RIVANI has amassed more than $250 million in prime South Florida assets in recent years, with a portfolio that includes acclaimed destinations including the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building undergoing a $100 million redevelopment. In 2025 alone, RIVANI has made headlines with a series of record-breaking deals, including securing Playboy’s global headquarters, acquiring the historic Lincoln Theatre for $37 million, selling Catch Miami Beach for $28.2 million, and completing a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel — one of the year’s most significant hospitality-driven transactions.

Images via Cristianna Duvall & Daniese Betito

Berkadia Secures $57M Bridge Loan for Midtown Capital Partners’ Lake Worth Apartment Project

Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.

The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension. The transaction closed on September 19.

Located at 2201 Tenth Avenue North, Astor Sound is designed as a garden-style community with four residential buildings ranging from two to five stories, along with a clubhouse on a 6.5-acre site. The property offers one-, two-, and three-bedroom floor plans sized between 715 and 1,160 square feet. Units feature chef-inspired kitchens with center islands, quartz countertops, luxury flooring, front-loading smart washers and dryers, and oversized walk-in closets.

Community amenities include a resort-style pool with pavilion and summer kitchen, fitness center, co-working lounge, coffee bar, game room, conference room, dog park and spa, and outdoor trails. The development is located minutes from downtown Lake Worth, with convenient access to I-95, Palm Beach State College, HCA Florida JFK Medical Center, and Palm Beach International Airport.

Founded in 2010, Midtown Capital Partners is an SEC-registered, vertically integrated real estate firm with offices in Miami, West Palm Beach, and Madrid. The company oversees more than $1 billion in assets across 22 investment vehicles, representing over 200 investors.

The Allen Morris Company Reveals New Renderings Of Lavish Amenities Coming To Ponce Park Residences in Coral Gables

Ponce Park Coral Gables has revealed its latest amenities, offering a first look at the spaces that will define a lifestyle of wellness, leisure, and refined living. The state-of-the-art fitness center, located on the mezzanine level, is fully equipped with the latest technology and opens directly onto a serene courtyard meditation garden. The rooftop Skyline Bar & Lounge, with sweeping views of South Gables, is designed for intimate gatherings and social moments. Completing the collection is the holistic wellness spa, a peaceful retreat with a steam room, sauna, hammam, cold plunge, Jacuzzi, and private treatment suites.

Ponce Park Residences is an ultra-luxury mixed-use, one-of-a-kind boutique condominium community being developed by The Allen Morris Company. Sales launched earlier this year for the 58 two- to five-bedroom residences with pricing starting at $3.1 million and sales overseen by ONE Sotheby’s International Real Estate. Residences will range in size from 1,900 sq ft to 6,500 sq ft for penthouse residences, and will offer oversized 11’ deep balconies each appointed with a fully loaded Summer Kitchen. Complementing Ponce Park’s residential offerings is a full-service Sky Bar, artisanal café, doorman service and an adjacent Michelin Star restaurant.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, the eleven-story, 58-residence boutique enclave will also feature 30,000 sq ft of amenities including rooftop pools, jacuzzi, a fully appointed spa, and a fully staffed rooftop bar for residents. The program also includes 25,000 square feet of curated ground floor retail, including a world-renown restaurant that will anchor the project, all a few minutes’ walk from the famed Miracle Mile.

To be located directly adjacent to Ponce Circle Park, the Allen Morris Company will contribute $2 million to help support enhancements and upgrades at the public park which will benefit all Coral Gables residents.

Designed by the globally acclaimed John Cunningham of Zyscovich Architects, with interiors by New York-based Meyer Davis, Ponce Park’s design pays homage to the City’s rich Mediterranean influence, while integrating contemporary elements and every imaginable amenity. Construction is scheduled to begin Q4 2025, with a late 2027 completion date.

Ponce Park’s location is truly distinct, set among the pristinely landscaped streets of Coral Gables, the building will be perfectly European, with its interiors designed and curated by the acclaimed New York-based Meyer Davis. Timeless elegance will be Ponce Park’s legacy. Beyond the adjacent Ponce Circle Park, residents will enjoy private serene outdoor retreat areas within the property through thoughtfully designed landscaping.

Additional features of the bespoke residences include 11’-12’ ceilings, private elevators, chef-grade kitchens, Italian wood cabinetry, double waterfall Italian stone countertops and premium appliances, including Sub-Zero, Wolf, and La Cornue. Ponce Park’s smart home technology and cutting-edge automation will be unparalleled, melding artistry with innovation.

Images via Allen Morris Company

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

Carson Beck’s Impact on Miami’s Economy and the University of Miami

When quarterback Carson Beck transferred to the University of Miami, most headlines centered on his potential to reshape the Hurricanes’ offense. But in Miami, a city where culture, business, and lifestyle converge, the impact of a star player extends far beyond the field.

Since his arrival in Coral Gables, Beck has done more than command the huddle—he has elevated the university’s national visibility. A statement win over Notre Dame helped propel the Hurricanes into the Top 5 rankings, positioning the program as a contender once again. That visibility carries meaningful financial implications for both the university and the greater Miami market.

The Economics of Winning

Winning football is winning business. The University of Miami’s athletic department reported $182.5 million in revenue in fiscal year 2023-24, with football serving as the cornerstone of that success. Over the past three years, the program has averaged $75.5 million annually, underscoring its role as the university’s financial engine. Analysts now value the Hurricanes’ football brand at more than $600 million, placing it among the upper tier of college athletics.

Beck’s leadership and high-profile victories are catalysts for further growth across multiple revenue streams—ticket sales, alumni giving, corporate sponsorships, and merchandise. The Notre Dame game, in particular, sparked renewed enthusiasm, boosting not only gameday receipts but also donations and long-term support.

Ripple Effects Across Miami

For the city, nationally relevant UM football weekends resemble cultural tentpoles like Art Basel or the Formula 1 Miami Grand Prix. Hotels see thousands of additional room nights booked, restaurants experience surges in reservations, and nightlife venues thrive as alumni and visitors descend on the city. These spikes translate into millions of dollars in incremental local spending.

The upcoming primetime showdown against Florida is expected to have a similar effect. With University of Miami ranked No. 5, the game will attract national media coverage, traveling fans, and a significant television audience—further reinforcing Miami as a global destination for both sports and lifestyle.

Real Estate and Brand Miami

Sports success also bolsters Miami’s broader brand. A Top 5 University of Miami Hurricanes team competing under the lights strengthens the city’s positioning as a dynamic, upward-moving market. For developers, brokers, and investors, this visibility helps fuel narratives of vibrancy and growth—critical in attracting corporate relocations, institutional capital, and high-net-worth buyers.

In Coral Gables, University of Miami’s resurgence adds depth to housing demand, retail vibrancy, and mixed-use momentum. Across Miami’s urban core, student activity, alumni engagement, and visitor spending create additional layers of demand that touch hospitality, residential, and commercial sectors alike.

A Moment of Momentum

Beck’s upcoming matchup against Florida is more than a football game—it is a moment of leverage. A win would solidify Miami’s return to the national elite and generate another wave of attention with measurable financial returns.

For developers, brokers, and investors—the lesson is clear: when the Hurricanes thrive on the field, Miami thrives off it. Carson Beck’s transfer has already proven to be more than an athletic storyline; it is an economic spark that reinforces the city’s standing on the national stage.

Learn more about University of Miami Herbert Business School’s Accelerated MBA in Real Estate:

Pier Sixty-Six Residences Announces Completion and Record Closing of Indigo Penthouse

Pier Sixty-Six Residences, the signature residential landmark within Tavistock Development Company’s multi-billion-dollar reimagining of the legendary Pier Sixty-Six, has achieved several major milestones including a $14.5 million penthouse sale. The Indigo Penthouse sale represents a record-breaking sale as the highest-priced transaction for a new development condominium in Broward County. Adding to this momentum, Indigo, one of four residential buildings within the waterfront development, has received its certificate of occupancy signifying the full completion of all 88 exclusive residences.

"The energy is palpable as Pier Sixty-Six Residences celebrates significant milestones, from completion to welcoming our first residents home and setting new sales records in the market with the official closing of Indigo’s first penthouse at $14.5 million.” said Amy Ballon, director of sales, Tavistock Development Company.

The final building to be completed, Indigo’s 28 condo residences are nestled across 11 stories with its façade design inspired by boat decks and piers from around the world. Each spacious, light-filled corner residence offers 3-5 bedrooms and stylish open-plan living, with floor-to-ceiling windows and direct water views. Highly sophisticated details and features include private elevator access and a secured residential lobby. The outdoor entertainment spaces on each private terrace include a range of lounging and dining areas, plus an inviting, temperature-controlled plunge pool, illuminated in distinctive aqua.

Completed in fall of 2024, the Azul condo building features 29 corner units within a dramatic 11-floor waterfront building that emulates coral reefs with its organic curved terraces. Each unit blends indoor/outdoor living with expansive wraparound terraces with panoramic views that take in the city skyline, Intracoastal Waterway, and Atlantic Ocean. Alongside Indigo, this is the first building in Fort Lauderdale to offer a private plunge pool in every residence.

Spanning two, four-story waterfront buildings encompassing 31 units, the Resort Residences were Pier Sixty-Six’s first residential buildings to be complete in the summer of 2024. The limited collection of designer-ready residences is the first and only units able to be put into Pier Sixty-Six’s rental management program. Floor plans of Resort Residences range from two- to four-bedrooms and 1,645 square feet to more than 3,800 square feet overlooking the serene Intracoastal waterway.

One Sotheby’s International Realty is the exclusive sales and marketing team of Pier Sixty-Six Residences.

Images via Pier Sixty-Six Residences

For more information about Pier Sixty-Six Residences or to inquire about purchasing a unit please fill out the form below:

The Berkeley Palm Beach Locks Down $62.5 Million Pre-Construction Loan

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.

“This milestone is more than financing; it is validation of West Palm Beach’s extraordinary trajectory,” said Al Adelson, Developer of The Berkeley Palm Beach and The Bristol. “The Bristol set the standard for high-rise living here in 2019, proving that Palm Beach buyers were ready for world-class, high-rise living. The Berkeley builds upon that legacy, bringing refined design, expansive amenity offerings, and a lifestyle that reflects the city’s transformation into a global destination.”

The loan reflects continued confidence in West Palm Beach, one of the nation’s fastest-growing hubs for luxury real estate, health care, dining, and corporate investment. The city has attracted leading institutions such as the Cleveland Clinic and Vanderbilt’s “Graduate Education Campus,” alongside a wave of new fine-dining concepts and Fortune 500 companies establishing headquarters and satellite offices, reinforcing its position as a dynamic center for both lifestyle and business growth.

“We are proud to partner with The Berkeley Palm Beach, a project that reflects both the strength of this market and the caliber of its development team,” said Anthony Shaskus, Head of Credit Strategies at JVP Management. “Our financing, which underscores our confidence in both the execution of this development and the sustained demand for best-in-class residences in West Palm Beach, will support the project through its predevelopment phase, and we hope to provide the construction financing in 2026.”

Designed by Arquitectonica, led by Bernardo Fort-Brescia, The Berkeley Palm Beach embodies a balance of timeless elegance and contemporary sophistication. The tower features 193 residences, including four penthouses, ranging from two to five bedrooms, with flow-through layouts, soaring 9- to 11-foot ceilings, and expansive east- and west-facing terraces that capture both sunrise and sunset views. Residences are appointed with natural stone finishes, Snaidero kitchens, and floor-to-ceiling glass, seamlessly blending indoor and outdoor living.

“The Berkeley represents the next evolution of West Palm Beach living,” said Bob Ernst, Partner and Development Director, of The Berkeley Palm Beach. “With financing secured and the site prepared for construction, we are delivering a residential experience that reflects the sophistication of today’s Palm Beach buyer, from design pedigree to expansive ownership opportunities, all just steps from the cultural, dining, and business momentum that is redefining downtown and beyond.”

Amenities span multiple levels, thoughtfully curated for every lifestyle. At the ground floor, residents will have access to concierge services, a library, a co-working lounge, and pet-friendly amenities. The seventh-floor amenity deck introduces a resort-style pool with cabanas, spa treatment rooms, wellness and fitness facilities, a golf stimulator, and landscaped lawns for yoga and events. At the rooftop, there is a swimming pool and jacuzzi, a sky lounge and bar, private dining with a chef’s kitchen, and expansive entertaining terraces with panoramic views of Palm Beach and beyond. In addition, The Berkeley is equipped with a full-building emergency standby generator ensuring safety and comfort during potential weather-related disruptions. Residents will also benefit from UPLIN Health’s In-Home Concierge Health Services, providing personalized wellness and medical care in the privacy of their residences.

Renderings via Gladstone

For more information about The Berkeley Palm Beach or to inquire about purchasing a unit please fill out the form below:

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. Tower Capital Partners has a focus on equity investments in resilient, high-growth markets with an asymmetric risk-return profile and an emphasis on wealth preservation matched with long-term growth.

Tower Capital Partners completed their first deal in Q3 2024, closing a preferred equity deal in Atlanta alongside The Allen Morris Company. Tower Capital Partners is now actively raising capital for two upcoming luxury condominium projects—one in Coconut Grove and one in Coral Gables—marking its formal entry into the South Florida market. While the details of these projects remain confidential, they underscore the firm's focus on iconic developments in prime, demand-driven locations.

Tower Capital Partners is redefining individual accredited investor access to premier real estate opportunities. The firm is built on the core thesis of investing alongside top-tier real estate developers with a proven track record of delivering high-quality projects in high-growth cities. Tower Capital Partners is focused on providing accredited investors with access to private, institutional-level deals that were historically reserved for family offices and large investment firms. With a commitment to transparency, aligned incentives, and a minimum investment of just $50,000, Tower Capital Partners is creating a new level of access to exclusive real estate investments.

The firm targets opportunities with an asymmetric risk-return profile, emphasizing downside protection while maximizing upside potential. Every project is carefully vetted, and the team invests alongside its limited partners in each deal, ensuring complete alignment. Key reasons to invest with Tower Capital include partnerships with the best developers, curated deal flow, and a clear, investor-first structure that puts transparency and performance at the forefront.

Tower Capital Partners is led by Babson College roommates, Managing Partners Demetri Demascus and Christian Iacovelli, who oversee all aspects of deal origination including sourcing investments and partnerships, capital raising, underwriting, due diligence, market research, asset management, investor relations and management of operations. Demetri is also the Founder and Publisher of leading South Florida real estate news and events platform PROFILEmiami which runs the annual PROFILE Pre-Construction Development Summit; is a licensed real estate broker in the State of Florida having overseen over $160+ million in real estate transactions and previously helped Galium Capital, a Miami-based real estate private equity group, grow the firm’s AUM from $300+ million to $650+ million. Christian led Rally Manufacturing, a successful automotive accessories manufacturing business, to over $500 million in retail sales, where he successfully managed multinational brand partnerships with industry giants such as Goodyear and forged strong relationships with leading U.S. and multinational retailers including Walmart, The Home Depot, and AutoZone.

To learn more about Tower Capital Partners visit www.towercapitalpartners.com.

Accredited investors and real estate development companies interested in working with Tower Capital Partners fill out the form below:

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. The loan comes from Bravo Property Trust, the bridge and construction lending platform and affiliate of Bravo Capital.

“Securing this financing marks another significant milestone in Cove Miami’s development saga. With Bravo’s financial support, we are excited to continue developing this truly one-of-a-kind luxury development,” said Joseph Stern, Co-Founder and Principal at SB Development Group. “Edgewater is one of Miami’s most understated yet dynamic neighborhoods, and we are confident that Cove Miami will continue to raise the area’s reputation as Miami’s next luxury market.”

Since its founding in 2021, Bravo Property Trust has originated over $1.8 billion in financing, establishing itself as a reliable lender for large scale residential and mixed-use projects. Given their impressive track record and belief that the Edgewater market will soon make waves, Bravo Property Trust is eager to enter into this new relationship with SB Development and Hazelton.

“We’re always chasing quality, and we often find that quality comes in larger checks with sponsors who are ambitious and experienced,” said Aaron Krawitz, founder and CEO of Bravo Capital. “SB Development and Hazelton’s vision for Cove Miami perfectly reflects that drive; they are bringing a top-tier luxury product to Edgewater at a time when supply in the $1 million to $2 million range is limited and demand from buyers seeking well-located, high-end residences continues to grow. It’s a standout opportunity in one of Miami’s most dynamic neighborhoods.”

Located on the stunning shores of the Biscayne Bay, Cove Miami offers a chic yet serene living experience through a limited collection of 134 luxury residences. Architecturally designed by world-renowned firms Kobi Karp and Dieguez Fridman, the development will feature one- to- four-bedroom residences that boast floor-to-ceiling windows, expansive wrap-around terraces, and carefully curated natural elements, allowing residents to deeply connect with their serene surroundings. Cove Miami’s suite of high-quality amenities include a sun-kissed infinity pool with private cabanas, a Tranquility Spa with a cold plunge, massage rooms, a traditional hammam, and a sauna, a state-of-the-art fitness center, indoor and outdoor yoga areas, a rooftop lounge with an outdoor kitchen and panoramic views of Biscayne Bay, a private dining room with chef’s kitchen, a Grand Theater, a game and billiards room, a library and wine room, a pet spa, and dock access for water sports. Additionally, residents also have access to both shared co-working spaces and private office suites, as well as an on-site waterfront restaurant. Exclusive resident services, including on-demand LEAA Healthcare and Zipcar car-sharing, further enhance convenience, creating a luxurious and fully curated lifestyle.

“We couldn’t be more excited to deliver Cove Miami to the Edgewater community,” said Adam Westreich, Principal at Hazelton Capital Group. “Our vision is to create a residential experience that feels both elevated and authentic to the neighborhood, and we are confident Cove Miami fits the bill perfectly. This development will be more than just another luxury development, it will become the pride of Edgewater.”

OneWorld Properties will be the exclusive sales team of Cove Miami.

Renderings via CRAFT and DARKROOM

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