The Residences at Mandarin Oriental, Miami Hits $1 Billion In Sales at 50% Sold

The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox (KPF), has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year. The Residences have seen impressive buyer response from across the globe and underscores the appeal of this one-of-a-kind offering, set on the last developable site of Miami’s prestigious Brickell Key.

Swire Properties is also giving a first look at the forthcoming Mandarin Oriental, Miami hotel, soon to become the renowned hospitality brand’s new North American flagship. The hotel will be situated in the North Tower of the development and will also feature additional Residences for sale, which will be launched later this year. The property will feature 100,000 square feet of world-class amenities spread across a lushly landscaped, multi-tiered resort-style podium, with landscapes by Thai firm Shma.

The Residences at Mandarin Oriental, Miami, combines world-class design with the legendary service of Mandarin Oriental Hotel Group and offers the final opportunity to own new development on Miami’s exclusive Brickell Key. The Residences comprise two towers designed by Kohn Pedersen Fox (KPF).

The South Tower, featuring 228 residences, includes interiors envisioned by renowned Parisian Tristan Auer. The Residences’ North Tower will house Mandarin Oriental's new North American flagship hotel along with an additional 66 private and 28 hotel residences. Fortune Development Sales is the exclusive sales and marketing agent for The Residences. Pricing for current availability starts at $4,900,000 with an anticipated completion date of 2030.

Renderings via Binyan Studios

For more information about The Residences at Mandarin Oriental, Miami or to inquire about purchasing a unit please fill out the form below:

Related Group Breaks Ground On Andare Residences Designed by Pininfarina, Set To Be Tallest Residential Tower in Broward County

Leading developer Related Group (Related), in partnership with legendary Italian design house Pininfarina, today celebrated the groundbreaking for Andare Residences Design by Pininfarina (Andare). Following strong deal momentum, including the record-breaking sale of its first penthouse, Andare is now over 50% sold.

Featuring a collection of 163 bespoke residences, the 46-story tower will be the tallest residential structure in Broward County, rising over 540 feet into the Fort Lauderdale skyline. Its newly unveiled “crown jewel” — a $16 million marquee penthouse — will also be the highest residence in Broward County. The residence spans over 6,000 square feet and features a wine room, private theater and uninterrupted, panoramic views of Fort Lauderdale.

“Breaking ground on Andare is an important milestone for both Related and Fort Lauderdale,” said Nick Pérez, President of Related’s Condominium Division. “We’ve spent years getting to know this market and contributing to its transformation, but it's been 20 years since a property of this caliber has risen above Las Olas. With Andare, we’re proud to be writing Downtown’s next chapter, offering an elevated living experience in the heart of the city. This is truly an unparalleled opportunity for luxury buyers to anchor themselves where the best of leisure, culture and commerce converge.”

With over 90 years of experience developing visionary design and timeless beauty, Pininfarina is best known for creating some of the most iconic sports cars and luxury automobiles in history, including classic models from Ferrari, Maserati, Rolls-Royce and many others. At Andare, Pininfarina has translated their expertise and impeccable taste to life in Las Olas, working closely with CFE Architects and Architectural Alliance Landscaping to create a cohesive design inspired by the area’s timeless energy and maritime roots. Andare is instantly recognizable by its distinctive façade, characterized by undulating wraparound balconies, which lend it a flowing, wave-like appearance.

Building upon its globally renowned design legacy, Pininfarina has carved a reputation as one of the leading studios for branded residences worldwide. The studio combines Italian sensibility with local relevance, crafting spaces that prioritize human experience, innovation and elegance. With a multidisciplinary team of architects, industrial designers and mobility experts, the firm brings a holistic approach to the built environment — merging architecture, interior and experience design into a unified expression of place and purpose.

At Andare, this multidimensional design philosophy manifests in a tower that is not only visually striking but also deeply intentional — blending lifestyle, art and technology to create a residential icon for the next generation of Fort Lauderdale living. The thoughtful approach to design is reflected in each of Andare’s residences, which range in size from 1,800 to over 4,300 square feet. Marrying estate and condo lifestyles, the residences feature open-concept living areas; floor-to-ceiling windows; gourmet kitchens with Italian cabinetry and Sub-Zero and Wolf appliances; sprawling spa-inspired bathrooms adorned with floor-to-ceiling tile, frameless glass showers, deep soaking tubs and Hansgrohe plumbing fixtures; the latest smart home technologies and more. Designed to promote indoor-outdoor living, oversized wraparound balconies extend each home’s footprint and overlook Fort Lauderdale’s majestic waterways and the Atlantic Ocean.

“At Pininfarina, we believe that elegance and performance together create timeless style. With Andare, we bring that philosophy to life on Las Olas — crafting a vertical narrative of flowing lines, luminous space and elevated well-being,” said Samuele Sordi, Chief Architect Officer at Pininfarina of America. “This tower is more than a residence: it’s an emotional journey shaped by beauty, community and purpose. We are proud to mark this milestone with Related Group, redefining the Fort Lauderdale skyline with a new icon of coastal sophistication.”

Residents of Andare will have access to over 35,000 square feet of amenities celebrating every facet of urban life. The 10th floor is home to a wide range of offerings that prioritize health and wellness, including a state-of-the-art fitness center, a pickleball court and a wellness spa with dedicated salt, sauna, steam and massage rooms, and hot and cold plunge pools. Live, work and play take center stage on Andare’s 11th floor, which includes a private dining room with a catering kitchen; a Sports Lounge with gaming tables; an Executive Lounge with private conference rooms and a designated resident’s Club Lounge with a Central Bar that provides enchanting ocean views. When residents step outside, they will be met with a true urban oasis: a rooftop resort featuring an outdoor kitchen, a swimming pool, private cabanas, an expansive sun deck, a hot tub and food and beverage services.

Situated just two miles from Las Olas Beach, Andare will offer residents the best of coastal and metropolitan living, providing unobstructed coastal vistas and seamless connectivity to the city’s urban core. The tower is strategically located at the foot of the Fort Lauderdale Riverwalk expansion at Tunnel Top Park, affording ease of access to the Shops of Las Olas and the downtown Riverwalk District. Andare will also be home to a 6,000-square-foot restaurant envisioned by esteemed restaurateur Tim Petrillo, Co-Founder and CEO of The Restaurant People (TRP), located on the tower’s ground floor.

Renderings via ARX Creative

For more information about Andare Residences by Pininfarina or to inquire about purchasing a unit please fill out the form below:

Celestial Fund Closes $35 Million Bespoke Debt Package For Spec Home Portfolio

Celestial Fund, under the leadership of Founder and CEO Eugene Rutenberg, has closed on a $35 million bespoke debt package, structured for the recapitalization and refinancing of an exceptional three-property Spec Home portfolio, developed by Cicardo Development — a premier merchant builder based in South Florida.

The portfolio comprises two ultra-prime waterfront estates situated on trophy lots in Fort Lauderdale and a third extraordinary residence located in the prestigious enclave of Harbour Beach in Boca Raton, Florida.

Over the past 24 months, Celestial Fund has firmly cemented its reputation as a dominant force in luxury real estate finance, having orchestrated over $125 million in Spec Home transactions across South Florida. Through its Capital Markets Consulting platform, the firm has additionally facilitated another $100 million in successful capital placements. Celestial Fund has a stable of capital from a curated group of prominent family offices, financing Senior Loans secured by premier Luxury Spec Home developments and operates a parallel investment vehicle dedicated to Preferred Equity positions secured by high-value Multifamily and Commercial assets nationwide.

Eugene Rutenberg, with over 15 years of distinguished experience as both a Lender and Capital Advisor Consultant, has completed in excess of $1 Billion in complex, structured real estate financings throughout his career.

The Portfolio: A New Benchmark in Ultra-Luxury Residential Development

1400 West Lake Drive, Fort Lauderdale, FL

Nestled on an unparalleled point lot within the exclusive Harbor Beach peninsula, this architecturally significant modern estate exemplifies the pinnacle of sophisticated waterfront living. Offering approximately 10,500 sq ft of refined interiors and over 15,000 sq ft of total luxury footprint, the residence boasts an extraordinary 250+ feet of deep-water dockage — ideal for superyachts and multiple vessels alike — with sweeping, unobstructed vistas of Lake Sylvan and the Fort Lauderdale skyline. Meticulously crafted with imported Italian finishes across three levels, amenities include seven stately bedrooms, a world-class wellness center featuring a gym, sauna, and steam showers, an executive office, and a stunning rooftop sky lounge complete with a custom-designed bar. Targeted for completion in January 2026.

2880 NE 28th Street, Fort Lauderdale, FL

This masterfully designed three-story waterfront sanctuary redefines modern resort living within Coral Ridge’s most sought-after community. Commanding an oversized Southeast-facing lot with 153 feet of no-wake zone water frontage, this Zen-inspired private compound offers an exceptional 13,000 sq ft of total living space. The residence comprises six bedrooms, eight designer baths, a state-of-the-art Club Room, home gym, spa with sauna and cold plunge pool, and a top-floor media entertainment suite crowned by an expansive rooftop sky lounge. Featuring both a chef’s and butler’s kitchen, dedicated crew/staff quarters, and a 4-car gallery garage. Ready for immediate occupancy May 30, 2025.

681 Golden Harbour Drive, Boca Raton, FL

Situated on an irreplaceable dream lot overlooking the pristine waters of Lake Wyman, this resort-inspired private oasis is encircled by lush, protected preserve lands, ensuring unparalleled privacy and a natural symphony of wildlife. Offering 11,173 sq ft of exquisitely curated total living space, the residence hosts six bedrooms, seven baths, a sumptuous Club Room, rooftop entertainment area, elevator access, and a 4-car collector’s garage. Boasting 117 feet of yacht-ready water frontage in a no-wake zone, this bespoke masterpiece will be delivered May 30, 2025.

Signature Capital Placements: Design 41 Miami & One Park Place Office in Boca Raton, FL.

A crowning achievement for Celestial was its instrumental role in arranging the $45.30 million financing package for the iconic Design 41 project — a 47,000 sq ft “Class A” mixed-use jewel located at the very heart of Miami’s world-renowned Design District. As one of the tallest and most architecturally distinctive structures in the immediate area, Design 41 features 60+ private, secure indoor parking spaces, a breathtaking oversized penthouse patio, and a roster of prestigious tenants including BSH Group (BOSCH, Thermador, Gaggenau), Hastens Beds, BOND No. 9, and Breitling. Designed by internationally acclaimed architect Enrique Norten of TEN Arquitectos, the project integrates cutting-edge Green Building technologies and proudly holds a LEED Silver Certification. Conveniently situated just 10 minutes from Miami International Airport, Design 41 epitomizes the fusion of visionary architecture, sustainable innovation, and enduring luxury.

Another of Celestial’s most recent placements is the $16.30 million financing of a 240,000 sq ft Class A office building called One Park Place in Boca Raton, FL.

Connect with Celestial Fund:

ABH Developer Group Announces Sellout of Aire Residences and Launches New Boutique Project in Bay Harbor Islands

ABH Developer Group, led by Alexis Bogomolni and Valentín Martínez Carbonell, from Maca Group, continues to shape Bay Harbor’s luxury real estate market with the near sellout of Aire Residences and the unveiling of its next development: Aire Residences Boutique.

Aire Residences, a waterfront project in the heart of Bay Harbor Islands, is nearing completion. All residences have sold out—except for one final full-floor unit, a 6,431-square-foot residence including a private 3,000-square-foot terrace and a 32-foot split marina dock. The last remaining home offers one of the most exclusive living opportunities in the area, with direct canal access and unmatched privacy.

“Everything has unfolded exactly as we envisioned from the beginning,” said the development team at ABH. “It’s the kind of market response that fuels our ambition to keep building and innovating.”

As demand surges for low-density, design-forward properties, developers across South Florida are shifting toward boutique-scale projects tailored to post-pandemic preferences for privacy, space, and location.

Building on the momentum of Aire Residences, ABH Developer Group is proud to announce the launch of its newest project: Aire Residences Boutique. What makes the Aire brand consistent is its ability to deliver exceptional luxury and exclusivity—without the excessive monthly costs typically associated with high-end developments, a core focus of Valentín Martínez Carbonell’s vision for smarter, more sustainable luxury living. Both Aire Residences and Aire Residences Boutique are just a short walk from the world-renowned Bal Harbour Shops, placing residents steps away from luxury retail, fine dining, and vibrant cultural experiences.

Located at 9950 East Bay Harbor Drive, just a few blocks inland from the waterfront, the project introduces a more intimate collection of only eight luxury residences, featuring three- and four-bedroom layouts starting at 1,400 square feet, with prices beginning at $1.8 million.

With 60% of units already under contract, the project has generated early traction well ahead of its scheduled groundbreaking in nine months.

“Luxury buyers in South Florida aren’t just chasing penthouses—they want homes that offer the feel of a private residence in the sky,” said Valentín Martínez Carbonell.

Though situated on a non-waterfront parcel, the site offers close proximity to top schools, dining, and walkable neighborhood amenities—making it a compelling option for buyers who prioritize location and lifestyle over volume.

In addition to its work in Bay Harbor, ABH Developer Group is the largest stakeholder in Wynwood Norte, with over 1,500 residential units in the development pipeline, signaling a long-term investment in reshaping Miami’s evolving urban core.

Across every development under the Aire brand, ABH continues to deliver its signature blend of refined design, smart layouts, and efficient building operations—providing buyers with luxury living without the inflated maintenance fees often seen in high-end condominiums. With the launch of Aire Residences Boutique, ABH reaffirms its commitment to setting a new standard for modern, elegant living in South Florida’s most sought-after neighborhoods.

ABH Developer Group is a South Florida-based real estate development firm known for its focus on boutique-scale luxury projects. With notable holdings across Bay Harbor and Wynwood Norte, ABH combines visionary design with deep market insight to deliver properties that balance exclusivity, livability, and long-term value.

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

Prosper Group and Forte Development Reveal 80-Story Brickell Tower Designed by ODP Architects

Prosper Group and Forte Development have unveiled plans for an ambitious 80-story mixed-use tower designed by ODP Architects at 1040 South Miami Avenue. This striking development, set to rise 945 feet above the skyline, will blend residential, hotel, and retail spaces into a dynamic urban hub. The proposal, submitted under the Miami-Dade County Rapid Transit Zone (RTZ) program, aims to create a vibrant space in close proximity to the Brickell Metromover station, enhancing accessibility for residents and visitors alike. The site was previously slated for a Virgin Hotel project and covers 0.6 acres.

Designed by ODP Architects, the tower will feature 250 condominium units and 48 condo-hotel properties, alongside 100 hotel rooms and 322 parking spaces. Complementing the living spaces will be approximately 1,900 square feet of restaurant space, catering to both residents and patrons of the bustling Brickell area. The developers have integrated a range of modern amenities into the building's plans, such as on-demand IV infusions, cold plunge pools, red light therapy, and infrared saunas.

Prosper Group, headed by Jay Roberts, and Forte Development, led by Marius Fortelni, are collaborating under the entity name 1040 S Miami Development LLC. In a statement regarding the project, the developers emphasized their commitment to enhancing the local environment, noting that the tower's mixed-use concept supports the "live, work, and play" ethos that defines Brickell.

By leveraging the advantages provided by the RTZ framework, the developers are able to sidestep traditional City of Miami zoning regulations, allowing for a streamlined approval process. Although detailed construction timelines are still under wraps, the project marks a significant step forward for urban development in the rapidly evolving Brickell area.

Renderings via Quantum Space Studio & Prosper Group

For more information about 1040 S Miami Ave. or to inquire about purchasing a unit please fill out the form below:

Hollywood Moon Launches Sales of Limited Collection Of 48 Residences In Hollywood Beach

Hollywood Moon, a boutique residential offering by next-generation real estate development firm Unilog Group, is poised to redefine oceanfront living in the heart of Hollywood Beach. Introducing a limited collection of 48 thoughtfully crafted residences ranging from one- to three-bedrooms, Hollywood Moon delivers an elevated blend of design, serenity, and modern coastal sophistication across two sculptural towers overlooking both the Atlantic Ocean and Intracoastal Waterway.

Developed by Unilog Group and brought to life in collaboration with Adache Group Architects, interior designer Carla Guilhem, and sales and marketing firm Powered by DMT, Hollywood Moon is a highly curated project that speaks to a new generation of buyers. Thoughtfully designed to reflect the rhythm of the tides, the project blends timeless architecture, immersive living, and seamless indoor-outdoor flow.

“This project is the physical manifestation of everything we believe in at Unilog,” said Patrick Giannini of Unilog Group. “Hollywood Moon embodies our people-first approach. It is shaped from the inside out with collaboration, purpose, and soul. It’s a space where thoughtful design meets real human connection where you can feel the magic from the moment you arrive.”

The residences range from approximately 1,100 to 2,250 square feet and feature expansive wraparound balconies, Italian-crafted kitchens with Sub-Zero and Wolf appliances, spa-inspired bathrooms, and floor-to-ceiling windows that maximize natural light and views. Pricing starts at $1.1 million.

“This project is all about the glass – the floor-to-ceiling windows and doors blur the boundaries between indoors and out, offering unobstructed views of the water and lush surroundings,” said Daniel Adache, CEO, Adache Group Architects. “The glass doesn’t just frame the landscape – it reflects it. Inspired by the colors of the ocean and rooted in a tropical modern design language, we used a mix of glass and warm woods to create a contemporary, nature-infused retreat that feels both elevated and organic.”

The development includes over 20,000 square feet of curated amenities, including an infinity-edge oceanfront pool, wellness spa with steam, sauna and salon, an elevated fitness center with panoramic views, and an open-air Moon Lounge for golden-hour cocktails under the stars. A private clubhouse and business center with a chef’s kitchen, a private dining space, and work areas equipped with conference capabilities offer residents a place to both relax and connect.

“We drew inspiration from the natural beauty of the site—particularly the sunrise, sunset, and the ever-present water,” said Carla Guilhem, Founder of Carla Guilhem Interior Design. “Our goal was to create a sense of balance by bringing the outside in—reflecting the surrounding light and colors through natural materials, textures, and tones that make the interior feel as organic and serene as the landscape itself.”

Perfectly positioned between Miami Beach, Fort Lauderdale, and Sunny Isles, Hollywood Moon offers the privacy of a true retreat with the convenience of a central location. The limited collection of residences creates a sense of exclusivity designed for those who prioritize intentional living, elevated design, and a lifestyle rooted in both tranquility and connection.

“Hollywood Moon checks every box for today’s discerning buyers—location, lifestyle, and limited inventory,” said Alyssa Soto, Co-Founder of Powered by DMT. “Opportunities with this level of design and access to both the ocean and Intracoastal are incredibly rare. We anticipate strong interest from both local and international buyers who recognize the long-term value of a property like this.”

Set to break ground in Q4 2025, with an expected completion in Q4 2027, Hollywood Moon ushers in a new era of people-first luxury, rooted in collaboration and crafted to elevate everyday living through thoughtful design, intuitive amenities, and a deep connection to place.

Renderings via Binyan Studios

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

Sushi Garage Reveals Inside Look At New Concept Coming To The Standard Residences, Midtown Miami

Rosso Development, Standard International and Midtown Development have revealed a first look at Sushi Garage’s upcoming outpost at the highly anticipated The Standard Residences, Midtown Miami. Created by the acclaimed Juvia Group, founded by Jonas and Alexandra Millán, Sushi Garage brings a modern twist to traditional Japanese cuisine in an elevated, neighborhood-style setting. The lively new restaurant will join an impressive culinary lineup at The Standard Residences, which also includes Solana—the rooftop restaurant and bar by Juvia Group—and Rosetta Bakery Café & Privato Speakeasy.

“Sushi Garage is an extension of the vibrant lifestyle we envisioned not only for The Standard Residences, but for the entire Midtown community,” said Carlos Rosso, founder and CEO of Rosso Development. “Juvia Group has a proven track record of creating dynamic culinary destinations. Their beloved South Beach brand and recent success in Coconut Grove will carry into this project, complete with vibrant outdoor seating and an indoor-outdoor bar designed to celebrate Midtown’s energetic sidewalk culture.”

Sushi Garage’s happy hour has been a defining feature of Miami’s dining culture, and its approachable yet refined experience keeps locals and visitors returning. The menu is a tribute to high-quality, sustainable ingredients, expertly crafted with innovative culinary techniques. Offering a laid-back atmosphere, it’s a go-to destination for those who appreciate a creative twist on sushi.

“Sushi Garage has always been about community, and Midtown’s energy is the perfect match,” said Jonas Millán. “This new location marks the next evolution of the brand—and we’re proud to be part of the neighborhood’s continued growth.”

The new design is by Manuel Clavel Rojo, founder and principal of Clavel Arquitectos, an internationally recognized architecture and design firm based in Murcia, Spain. "Designing the new restaurant in Midtown was about capturing the soul of the brand—playful, local, and elevated—while crafting a space that seamlessly blends innovation with emotional resonance and feels inherently connected to Miami’s vibrant energy.”

Located at 3100 N.E. 1st Ave, between The Design District and Wynwood, The Standard Residences, Midtown Miami blends culture, community and style with world-class design, amenities and service. As the first branded residences within the portfolio, the 228 residences span from studios to two-bedroom layouts, all designed with The Standard’s distinctive touch for flexible living. Additionally, owners will be able to lease their units for terms as short as one month. The project is nearly sold out and completed - with expected completion slated for Q3 2025. Sales and marketing is exclusively managed by Douglas Elliman Development Marketing.

A lush rooftop is home to a 60-foot, resort-style sunset pool in tandem with a signature rooftop restaurant and bar reminiscent of the bold aesthetic The Standard pioneered from LA to New York to London. Wellness offerings include a state-of-the-art sweat room and fitness center, an infrared sauna, an indoor pickleball court, and yoga and stretch studios. A karaoke bar and screening room, as well as fully equipped co-working spaces, Zoom rooms and a private boardroom underscore spontaneous socialization. A dedicated Standard concierge will be available to assist owners and direct community programming.

Renderings via Manuel Clavel Rojo

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

Continuum Company Closes $25 Million Pre-Development Loan for Continuum Club & Residences in North Bay Village

Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida. The financing was provided by Benmark Capital, a vertically integrated real estate private equity and debt investment firm. Continuum Club & Residences has reported strong pre-sales activity, with 50% of units already under contract.

The transaction provides capital to advance site preparation and development activities for the project, which is anticipated to bring 198 luxury waterfront residences to the revitalizing North Bay Village submarket. Developed in partnership with Aksoy Holdings, Continuum Club & Residences represents Continuum’s second Miami project following the successful delivery of Continuum South Beach.

“Benmark Capital is pleased to support The Continuum Company in advancing this highly anticipated development,” said Mark Simon, Chief Executive Officer of Benmark Capital. “This transaction reflects our commitment to financing institutional-quality projects sponsored by experienced developers in supply-constrained, high-demand markets.”

Joe Moser, Director at Benmark Capital, added, “Continuum Club & Residences is exceptionally well-positioned to benefit from the significant investment and infrastructure improvements underway in North Bay Village. We are proud to play a role in bringing this transformative project to fruition and to continue expanding our footprint in the Miami market.”

Designed by Arquitectonica, with interiors by Durukan Design and landscaping by Martha Schwartz Partners, the development will offer over 60,000 square feet of amenities, including multiple resort-style pools, a private marina, a waterfront fitness center and spa, curated dining, and wellness-focused services. The project broke ground in March 2025 and is targeting completion in early 2028.

"Securing this pre-development loan from Benmark Capital is a testament to the strength of our vision for Continuum Club & Residences and the confidence in our team's ability to deliver exceptional value," said Ian Bruce Eichner, Chairman and CEO of Continuum Company. "The tremendous support from our financial partners underscores the unprecedented demand for luxury waterfront living in Miami's emerging neighborhoods. This financing will enable us to maintain our momentum as we transform North Bay Village into Miami's next premier destination."

Renderings via Williams New York

For more information about Continuum Club & Residences or to inquire about purchasing a unit please fill out the form below:

Related Ross Reveal Fitness Lifestyle By Equinox At Waterfront Condo Tower 'Shorecrest' In West Palm Beach

Related Ross has revealed that Shorecrest, a collection of distinctive waterfront condominium residences located on North Flagler Drive, will feature exclusive fitness and wellness amenities and programming meticulously designed and curated in partnership with high-performance luxury lifestyle and fitness leader, Equinox.

With a holistic approach to fitness through its health and wellness offerings, Equinox will offer exclusive Equinox-designed fitness and wellness amenities for Shorecrest residents. Residents will also access Equinox’s signature group fitness classes led onsite by expert instructors, ranging from HIIT, yoga, Pilates, strength training, and more. Additionally, Shorecrest residents will benefit from preferred membership rates at Equinox’s new West Palm Beach club opening in November 2025 at CityPlace.

In the Equinox-designed private fitness center, residents will have access to state-of-the-art equipment, a stretch area, and dedicated yoga and Pilates studios - all replete with sweeping views of the West Palm cityscape. Shorecrest’s rooftop will also feature a 75-foot lap pool with a hot tub, lounge seating, and an outdoor bar with dramatic views overlooking Lake Worth, Palm Beach Island, and the Atlantic Ocean.

Shorecrest’s spa offerings will include contrast therapy with steam, sauna, and cold plunge, as well as a treatment room where residents can enjoy spa treatments.

This partnership will also include dedicated fitness and wellness programming through Related Life, a variety of exclusive experiences designed for Related residents designed to enhance community living and create meaningful connections.

“We are thrilled to partner with Equinox to introduce a new level of luxury living at Shorecrest. This collaboration brings together the best in fitness and wellness, creating an unparalleled experience for our residents,” said Daniah Missmar, Vice President of Development at Related Ross. “With Equinox’s expertise in high-performance living, Shorecrest offers not just a residence but a lifestyle that promotes well-being and a holistic approach to health. We are excited to provide our residents with a truly elevated living experience in one of the most sought-after locations in West Palm Beach.”

Shorecrest is designed by architecture firm Roger Ferris + Partners, with residential interiors and amenities by Rottet Studio, and landscape design by DSBoca. The residences include 199 homes and penthouses, and access to Related Life, an impressive array of amenities, services and programming similar to those found at the most exclusive private members clubs around the world.

Renderings via Related Ross

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

PMG Locks Down $413 Million Construction Loan For One Twenty Brickell Residences

National developer PMG has secured $413 million in construction financing for One Twenty Brickell Residences, a dual-tower luxury mixed-use condominium and rental development rising in the heart of Brickell. The loan covers financing for the condominium, multifamily, commercial, and parking components of the property. An Ares Real Estate fund (“Ares”) and Monarch Alternative Capital provided the financing, which follows a previous collaboration between the two firms on a financing for a PMG property in Wynwood last year.

PMG was represented in the One Twenty Brickell Residences transaction by Jones Lang LaSalle (NYSE: JLL) who, alongside PMG’s Capital Markets team comprised of Andrew Warman, Jon Blank and Paton Marion, secured the financing. One Twenty Brickell Residences will officially break ground the first week of May and is slated for completion in 2028.

“Obtaining this financing stands as an incredible feat at a time when current market conditions are making development of multifamily towers challenging,” said Andrew Warman, Managing Director of Capital Markets at PMG. “Receiving the continued support of the Ares and Monarch teams underscores not only the confidence the capital markets have in PMG as a sponsor, but also our ability to identify a strategy to deliver both luxury for-sale and rental product to the heart of Miami’s thriving business district.”

Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, plans for One Twenty Brickell Residences consist of two towers. The first tower will rise 37 stories and offer 266 fully finished and furnished condominium residences, each delivered with first-of-their-kind deeded office suites to residents upon their purchase of a condo unit. The second tower, sharing a podium with the first, will rise 41 stories and offer 537 multifamily residential units operated by the Sentral Management Platform. Each studio- to three-bedroom will include fully-integrated kitchens with custom countertops, a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, a contemporary lighting package and fully built-out closets in the primary bedrooms. Residences also will offer a high level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.

“We are grateful to receive the significant support from the Ares and Monarch Alternative Capital teams as we advance on One Twenty Brickell Residences,” Dan Kaplan, Managing Partner at PMG. “At over 91 percent sold, its swift sales success is a testament to the tremendous team at PMG Residential’s hard work and keen understanding of the Brickell market. We’re looking forward to being one step closer to delivering One Twenty Brickell Residences and its revolutionary concept of luxury living to its future residents.”

One Twenty Brickell Residences’ towers offer an impressive collection of amenities thoughtfully designed for socializing, entertaining, and self-care. The over 48,000 square feet of amenities and services available to multifamily residents include a lobby with a concierge service, a modern gym and fitness studio, a pool and hot tub, a grilling terrace, social lounges, a co-working hub, and daily community events. Over 60,000 square feet of condominium-specific amenities are also available, including 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.

“Ares is pleased to further build on our relationship with PMG with this latest project that capitalizes on the strong demand for luxury housing in Miami,” said Bryan Donohoe, Partner and Head of U.S. Debt in Ares Real Estate. “We look forward to potential future opportunities to provide Ares’ scaled and flexible capital solutions in this dynamic market environment.”

“We are pleased to be a lender-of-choice and work with a best-in-class developer like PMG that has an exceptional presence in the Miami market,” said Joshua Acheatel, Head of Real Estate Acquisitions at Monarch Alternative Capital. “Boasting luxury finishes and extensive amenities, we believe One Twenty Brickell Residences is favorably positioned at a marquee location. We are excited to continue our relationship with PMG and are looking forward to the project’s success.”

Legal representation was spearheaded by PMG’s in-house team consisting of Lowell Plotkin, Scott Buscemi and Lindsay Davis. Outside counsel involved in the financing for One Twenty Brickell Residences include James Godman, Borna Khoshand, and Celeste Williams at Kramer Levin Naftalis & Frankel LLP, who served as the lead transactional counsel; David Shear, Luis Flores, and Teofilo Victoria at Saul Ewing LLP, who served as condominium counsel and local counsel; Javier Avino and Andres Rivero at Bilzin Sumberg Baena Price & Axelrod LLP, who served as land use counsel; and Evan Wagowski at Greenberg, Trager & Herbst, LLP, who served as construction counsel.

With more than three decades of experience in luxury residential developments nationwide, PMG continues to passionately transform skylines with impeccable attention to detail throughout each of its projects. In addition to its extensive portfolio of over 175 projects, the developer is famed for thoughtfully designed condominium developments including 111 West 57th Street in New York City; E11EVEN® Club Hotel & Residences & E11EVEN® Club Residences Beyond, 38 West Eleventh Residences Miami, Waldorf Astoria Hotel & Residences, One West Twelve Residences, and The Elser Hotel & Residences in Miami; Sage Intracoastal Residences in Fort Lauderdale; as well as One Park Sarasota and One Park West on Florida’s west coast. PMG also has expanded its multifamily division, Society Living, to span nationwide, with more than seven communities open or under construction.

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: