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Meet the Panelists For the PROFILE Pre-Construction Development Summit Presented by The Delmore

On Thursday September 18, 2025, real estate media powerhouse PROFILEmiami will host the Second Annual PROFILEmiami Pre-Construction Development Summit Presented by The Delmore Surfside at the lavish Luminaire flagship showroom in Coral Gables.

Miami’s #1 Real Estate Development Conference

On Thursday September 18, 2025, real estate media powerhouse PROFILEmiami will host the Second Annual PROFILEmiami Pre-Construction Development Summit Presented by The Delmore Surfside at the lavish Luminaire flagship showroom in Coral Gables. The event will shine a spotlight on the hottest real estate developments and luxury projects from Miami, Fort Lauderdale and Palm Beach. The evening will be attended by over 400+ of South Florida’s most active developers, brokers, investors, architects, financiers and development sales teams for a real estate showcase and three panel experience, matched with a trendy evening soirée of bespoke networking and cocktails.

The upcoming panel lineup for the PROFILEmiami Pre-Construction Development Summit 2025 will bring together South Florida’s most influential real estate leaders for an evening of dynamic discussion exploring the forces shaping Miami’s condo market. From capital risk and innovative financing structures to the design trends transforming Miami’s skyline, the Summit will provide an insider’s look into how today’s developers, brokers, and investors are creating the next chapter of the city’s growth.

This year’s program features some of the most recognizable names in the industry. Panelists include Jeffrey Rossely of The Delmore Surfside, who is helping redefine luxury in Surfside; Ian Bruce Eichner of Continuum Company, a pioneer of transformative developments in Miami Beach; Carlos Rosso of Rosso Development, whose legacy includes leading some of Miami’s most iconic towers; and Isaac Toledano of BH Group, a major force behind headline-making acquisitions and partnerships. They will be joined by Jay Phillip Parker of Douglas Elliman, one of the most prominent brokerage leaders in the region; Spencer Morris of The Allen Morris Company, spearheading next-generation mixed-use projects; and Olzhas Ayazbayev of BI Group, bringing an international perspective to Miami’s global development landscape.

Together, these visionaries will anchor conversations on risk, innovation, and opportunity in Miami’s high-stakes condo environment—offering attendees rare access to firsthand insights from the people shaping the future of the market.


6 PM: The Business of Selling Pre-Construction Condos

Exploring the business of selling pre-construction condos Miami’s top development sales leaders, executives and innovators including Jay Phillip Parker (Douglas Elliman), Catalina Martinez (ONEsir), Alyssa Soto-Brody (Powered by DMT), Phil Gutman (Continuum Company), Michelle Quinoa (Two Roads Development) and Jesse Ottley (Cervera Real Estate) will discuss pre-construction sales, marketing strategies, the state of the pre-construction sales market, sales trends, international vs. domestic buyer demand, buyer preferences including finishes and lifestyle amenities, financing for buyers and what is resonating with today’s buyers.

Jay Phillip Parker

Jay Phillip Parker, CEO, Douglas Elliman Florida

Real estate industry leader and veteran, Jay Phillip Parker has served as the Chief Executive Officer of Brokerage for Douglas Elliman’s Florida region since 2013. He is also President of Douglas Elliman Development Marketing, Florida.

Responsible for the advancement of a leading provider of luxury real estate services across Florida, he has successfully grown Douglas Elliman’s presence in markets from Miami to Jupiter to Palm Beach, St. Petersburg, Ponte Vedra, Naples and Sarasota with a total of 27 offices and more than 1,300 agents.

Jay has been a key figure in the growth of the brand, which is now represented in luxury real estate markets in 53 countries and six continents through its partnership with London-based Knight Frank Residential.

A graduate of the University of Western Ontario in London, Ontario, Canada, Jay completed the study abroad program in Tel Aviv, Israel while earning his bachelor’s degree. He went on to earn his Juris Doctorate from the University of Miami School of Law. A member of the Florida Bar Association, Jay serves on the Board of Governors for the Miami Beach Chamber of Commerce, as President of the Executive Board of Mt. Sinai Medical Center Foundation and a member of the Miami Association of Realtors Leadership Board.


Alyssa Soto, Co-Founder Development Marketing Team

Alyssa Soto, Co-Founder Development Marketing Team

Alyssa Soto is a renowned real estate and marketing expert, lawyer, and entrepreneur. Alyssa always had an undeniable passion for real estate, which led to her specialization in the field during law school. Following graduation, Alyssa began selling real estate on the side while simultaneously looking for the ideal law firm to start her career. Her not-so-temporary side job turned into more than a decade of experience with career sales totaling over $900 million.

In 2021, Alyssa launched Development Marketing Team (DMT), a data-enabled real estate sales and marketing brokerage. She joined forces with digital tech guru Erica Sachse of Snaplistings, to merge the art of brokering with the science of digital marketing. Through this partnership, the team achieved over $100 million in sales during its first two years in business, with $500 million in current exclusives.

Alyssa is a trusted adviser and industry thought leader. She has been featured in numerous publications including The New York Times, New York Post, New York Business Journal, GlobeSt, The Real Deal, RealTrends, Yahoo Finance, and more.


Philip Gutman, Continuum Company / Gutman Development Marketing

Philip Gutman, Continuum Company / Gutman Development Marketing

A real estate visionary achieving benchmark sales results, Phil Gutman is President of Continuum Realty and the founder of Miami-based Gutman Development Marketing, a benchmark real estate consultancy. With more than 25 years of sales leadership and real estate experience, Gutman has been instrumental to the success of some of the most launched developments on both the East and West Coasts.

As a licensed real estate broker in Florida, New York and Nevada, Gutman's education, experience and expansive network of clients and colleagues provide him with an arsenal of unique abilities to guide, consult and lead all facets of new development in all market conditions. His hands-on approach, coupled with an unwavering dedication, continues to drive sales success for owners and developers.

Gutman can speak to South Florida's state of construction and new development, trends to watch, market forecasts, the hottest markets for investment, the must-have condo amenities/features, and many other relevant topics.

In addition to overseeing sales and marketing efforts, there exists another vital role often overlooked by many developers - the establishment of a strong connection between their projects and the associated sales and marketing company. Gutman has been a pivotal contributor to the selection process for both the sales and marketing company and the sales associates. His steadfast belief lies in the understanding that new development is not a one-size-fits-all scenario. Often drawing parallels, likening the process to casting for a movie.

"Just as numerous B-rated films could have achieved blockbuster status with careful actor selection, the success of a development project relies on meticulous choices in collaboration and the composition of the sales team." - Phil Gutman

In South Florida, Gutman steers the achievements of The Continuum Companies as managing director of sales at La Baia Bay Harbor where he has built an in-house sales team and oversees Continuum North Bay Village. At Douglas Elliman Development Marketing, he oversaw a real estate portfolio exceeding $3 billion including four of the most celebrated projects on Miami Beach: Canyon Ranch, 1 Hotel and Homes, Monad Terrace, and Ritz Carlton Residences, in addition to The Bristol Palm Beach.

Prior to forming Gutman Development Marketing, Gutman served as president of Brown Harris Stevens where he oversaw a sales team of approximately 200 multilingual, award-winning


Jesse Ottley, President of Development Division, Cervera Real Estate

Jesse Ottley, President of Development Division, Cervera Real Estate

As President of Development Sales at Cervera Real Estate, Jesse Ottley is a driving force behind the firm’s expanding portfolio of landmark projects. With more than 25 years of experience and a reputation for outperforming proformas, Jesse guides every phase of development—from concept to sellout—by combining sharp market insight with a deep understanding of buyer psychology.

Jesse’s unique ability to anticipate buyer profiles and predict the evolution of concepts, whether in design, floor plan, or square footage, has made him the preferred partner for Miami’s top developers. Under his leadership, Cervera’s development sales division has successfully listed more than 25 projects, representing over $2 billion in inventory.

Focused on delivering results in a dynamic market, Jesse implements sales and marketing strategies designed to maximize profitability and accelerate velocity. He ensures each development’s unique selling proposition remains clear and compelling to both brokers and buyers, while fostering seamless collaboration across project teams.

Believing in the mantra “strong team, strong sales,” Jesse carefully vets and assembles Cervera’s exclusive in-house development sales executives, ensuring developers are matched with the right agents to meet the demands of the project and the market.

Before joining Cervera, Jesse was a key executive at Related Cervera Realty Services (RCRS), where he helped drive the success of numerous residential condominium projects by The Related Group of Florida. He also owned and operated real estate ventures in South America, including a brokerage firm and a boutique marketing agency in Venezuela, which specialized in print media and architectural renderings—giving him a distinctive perspective on international real estate.

Originally from Australia, Jesse relocated to South Florida in 2000 after living in San Francisco and Venezuela. Fluent in Spanish and deeply attuned to cultural nuances, he bridges the U.S. and Latin American markets—a vital asset in Miami’s global real estate economy.

An active community leader, Jesse is the Founding President of the Asian American Real Estate Association (AAREA), a member of the Miami Master Brokers Forum, and former Board President of the Tequesta Point Brickell Key Community.


Catalina Martinez, VP Development Sales, ONEsir

Catalina Martinez, VP Development Sales, ONEsir

Known for her powerful luxury client network and unsurpassed expertise in real estate sales, it’s no surprise industry titans count on Catalina Martinez to deliver the successful sell-out of Miami’s most renowned preconstruction developments. Born and raised in Bogota, Colombia, Catalina studied International Relations at Universidad de Los Andes and, at the age of 18, moved to Australia to complete a degree in Media and a Master’s Degree in Public Relations from University of Sydney. After moving to Miami, Catalina embarked on her real estate career working in marketing and PR for luxury residential developers. In 2004 Catalina co-founded the Catena Group along with Ena Espino and quickly positioned it as one of South Florida’s leading Real Estate sales groups. By leveraging her creative spark and a matrix of international business relationships, it was apparent Catalina would become a driving force among the top players in Miami development sales. Since that time, she has amassed over $2.5 billion in sales volume and a distinguished project portfolio including Una Residences, Missoni Baia, Icon Brickell, One Ocean, Marea, SLS Lux, Paraiso Bay, Hyde Midtown, Icon Brickell among others. Alongside real estate, Catalina liaises with Latin American family office funds, institutional capital, architects, interior designers, and real estate developers. In her free time, she is passionate about art and promoting local artists to HNW international collectors.


Michelle Quinoa, Vice President of Sales Operations, Two Roads Development

Michelle Quinoa, Vice President of Sales Operations, Two Roads Development

Michelle Quinoa is a well-respected professional in the real estate industry, currently serving as the Vice President of Sales Operations at Two Roads Development. As a key member of the executive team, she plays a pivotal role in the success of the organization, overseeing critical aspects of the company's operations and contributing significantly to its growth and reputation. With close to 20 years of dedicated experience, Michelle has honed her skills and expertise to become a leader in the field. She embarked on her real estate journey early in her career and has since climbed the ranks through various roles, including resales manager, contract administrator, and closing coordinator. Her extensive background and her deep understanding of the business have positioned her as a trusted, influential figure known for her exceptional skills in contract management, negotiation, and sales strategy.

Among her long list of niche strengths includes her ability to deliver comprehensive market studies that have been instrumental in guiding the development team in making key decisions for land acquisitions. Her talent extends beyond analysis; she excels in assembling strong sales teams by recruiting, hiring, and retaining top-tier sales executives that she manages throughout the entire sellout of the project. Throughout the sales progression, her capacity includes establishing pricing for initial sales launches, expertly analyze and control inventory throughout the entire sellout by strategically releasing and balancing inventory while maximizing the sales volume achieving the highest pricing. Michelle is also a masterful negotiator, representing ownership in sales negotiations with buyers and brokers for individual units in tandem with tailoring sales and marketing efforts to align with the unique attributes of each development within their specific submarkets.

In her current role, Michelle oversees the contract administration department, creative and marketing initiatives for the company’s new luxury developments. With meticulous attention to detail, she ensures the successful execution of each building from launch through sellout, upholding the company's reputation for excellence in the industry. Totaling approximately 800 units with nearly five billion in combined value, this prestigious portfolio includes: Elysee Miami, Pendry Residences Tampa, EDITION Residences Miami, Four Seasons Ocean Club in the Bahamas, Four Seasons Private Residences in Las Vegas, and Forte on Flagler in West Palm Beach.

Fluent in both English and Spanish, Michelle holds an Associate of Arts in Mass Communication and Journalism from Miami Dade College and a Bachelor of Arts in Public Relations from Florida International University. With a proven track record of excellence, she remains a driving force in the world of real estate development.


7 PM: Capital, Risk & Innovation in Development

Diving into financing, risk management and innovative deal structures powering condo development in Miami’s high-stakes environment are real estate developers Eduardo Otaola (Constellation Group), Isaac Toledano (BH Group), and Fernando de Nunez y Lugones (Vertical Developments), join one of South Florida’s most active financiers Scott Wadler (Berkadia), and Lisa Holt (Ivy Risk Strategies). Topics include how developers are structuring partnerships and financing, the state of condo financing, the rising cost of insuring projects, creative deal structures such as JV partnerships, EB-5, mezzanine financing and international capital; availability of capital sources, and the resilience of Miami’s luxury condo market amid macroeconomic shifts.

Scott Wadler, Managing Director, Berkadia

Scott Wadler, Managing Director, Berkadia

Scott Wadler is a Managing Director in Berkadia’s Miami office. A capital markets advisor with more than 15 years of expertise, Scott provides debt and equity solutions to some of the most active commercial real estate developers and owners in the Southeast. Since joining Berkadia in 2019, Scott has been involved in the capitalization of more than 75 transactions totaling over $2 billion. His expertise spans multiple asset classes including office, residential, retail, lodging and land, and includes construction and permanent financing, refinancing and bridge loans.

Prior to joining Berkadia, Scott served as a Senior Director at HFF for 10 years. Before that, he worked at Related Group of Florida and Fortune International, two of the largest residential developers in Florida. Education & Certifications: B.A. in Accounting, University of Miami. Affiliations & Memberships: Urban Land Institute (ULI)


Isaac Toledano, CEO & Founder, BH Group

Isaac Toledano, CEO & Founder, BH Group

Isaac Toledano is a highly accomplished real estate developer and astute businessman. He is married to his wife and partner, Liat Toledano, who serves as the co-founder of their thriving enterprise. Together, they are raising their beautiful family of eight children. Isaac and Liat form a dynamic duo at the forefront of the real estate industry, bringing their collective expertise and unwavering commitment to every project they undertake.

Isaac’s passion for real estate emerged at a young age, propelling him towards a successful career in the industry. After gaining valuable experience and insights into the property market, he ventured into entrepreneurship and founded their company. Liat Toledano’s entrepreneurial spirit and shared vision for real estate development led her to co-found the enterprise alongside Isaac, uniting their talents and expertise.

Renowned for their complementary skills, Isaac and Liat infuse vitality and enthusiasm into their business, a characteristic often found in driven entrepreneurs who have navigated challenging business environments abroad. They thrive on the diverse opportunities present in the United States, capitalizing on each venture to deliver exceptional results.


Fernando de Nunez y Lugones, Co-Founder and CEO, Vertical Developments

Fernando de Nunez y Lugones, Co-Founder and CEO, Vertical Developments

Fernando’s remarkable journey began in 2008, leading Location3 Investments to orchestrate transactions exceeding $250 Million across key states such as Florida, Georgia, Texas, and Louisiana.

Fernando has established himself as a seasoned expert in the real estate market. His involvement in over 100 real estate projects has contributed to an astounding cumulative sales volume exceeding $12 Billion. Notably, he was Executive Vice-President of the Development Division at ONE Sotheby's International Realty - a powerhouse boasting 1,300 Agents, 27 offices, and a remarkable $8.8B in sales.

Over a span of 7 years (2015-2022), Fernando skillfully managed a dynamic portfolio of 20 projects, with an average value of $4.5 Billion in inventory. His visionary leadership led to the inception of ONE Capital, the company's private equity arm.

Fernando's influence has extended far beyond the corporate sphere. He has made his mark as Chief Economist, captivating audiences as a public speaker and contributing insights to over 100 real estate panels and conferences in 23 different countries. Prior to his role at ONE Sotheby's International Realty, Fernando held the esteemed positions of Vice President of the International Division and Managing Director of Operations and Finances at Fortune International Group. Over a span of 12 years (2003-2015), he cultivated the company's global presence, expanding its footprint through the establishment of eight branches and the recruitment of over 200 agents.

Fernando has been featured in numerous live interviews with renowned outlets such as CNN. Before real estate, he acted as COO of Netjuice Latin America (2000-2001), a leading internet incubator in Spain, where he led the company's expansion to LATAM by opening offices in Miami, Mexico City, São Paulo, and Buenos Aires. Fernando was also an investment banker for almost 10 years in New York, London, Paris, Madrid, and Argentina, working for Santander Investment, LTCB, and Société Générale.

He started his professional career at the Ministry of Finance in Argentina, performing Econometric Models. He later joined the United Nations Development Program (UNDP) and collaborated with the Interamerican Development Bank (IDB).

Today, Fernando de Nunez is shaping Miami’s skyline and has established himself as a leading force in South Florida’s luxury development scene. His portfolio includes some of the region’s most notable projects, among them ELLE Residences Miami, Riva Residenze in Fort Lauderdale (in partnership with the iconic yacht brand), Armani/Casa Residences in Pompano Beach, and Avenia by Fendi Casa in Aventura.


Eduaro, Otaola, Principal, Constellation Group

Eduaro, Otaola, Principal, Constellation Group

Eduardo Otaola is the Managing Principal of Constellation. As Managing Principal, Eduardo is ultimately responsible for the firm’s investment strategy, capital structuring, investor relations and operations. Prior to founding Constellation , Eduardo endured a successful tenure at Integra Investments as well as other leading industry teams including Deutsche Bank Commercial Real Estate Group and UBS Real Estate Finance where he worked directly on debt and equity transactions totaling over $3 billion. Constellation Group is currently developing Cora Merrick Park and Ella Miami Beach.


Lisa Holt, Ivy Risk Strategies

Lisa Holt, Ivy Risk Strategies

By challenging conventional wisdom and pushing industry standards, Lisa has developed a specialized process for risk evaluation, data integrity verification, and quantification to strategically produce the most competitive results in the industry. Her keen sense for balancing risk retention and transfer guides her clients through ways that unlock and deploy capital to primary stakeholders in her programs. Using years of experience and technical education advanced by her dedication to mastering the real estate and development niche, she consistently identifies cost savings while implementing proven solutions-oriented strategies, delivering risk management programs across national property portfolios and development deals surpassing $1B+.


8 PM: Shaping Miami’s Skyline

Shaping Miami’s Skyline dive will bring a diverse group of Miami-based national and international real estate developers together to discuss the current and next wave of condo development in South Florida. The panel bring together Jeffrey Rossely (The Delmore Surfside), Ian Bruce Eichner (Continuum Company), Carlos Ross (Rosso Development), Spencer Morris (Allen Morris Co.) and Olzhas Ayazbayev (BI Group), moderated by Fred Zutel of Lockton, to discuss where new condo development is headed in South Florida, balancing lifestyle amenities vs. efficiency and sellable square footage, ultra-luxury vs. more attainable product, adding value for buyers thru brand partnerships, branded residences, and how developers are differentiating in a crowded skyline.

Jeffery Rossely, Senior Vice President of Development, DAMAC International

Jeffery Rossely, Senior Vice President of Development, DAMAC International

Jeffery Rossely is one of the industry’s most distinguished real estate and development executives, with more than five decades of global experience leading transformative projects across Australia, Asia, the Middle East, and the United States. Over the course of his career, he has held senior roles with both private corporations and government entities, shaping landmark developments worth billions of dollars that blend innovation with cultural integrity.

As Senior Vice President of Development for DAMAC International, founded by Hussain Sajwani, Jeff oversees The Delmore – an ultra-luxury condominium in Miami’s Surfside community designed by Zaha Hadid Architects and poised to redefine the city’s skyline.

In addition, he serves as Chairman & Director of Turner Walker Robinson in Australia, guiding the firm’s expansion across Melbourne, Sri Lanka, and the UAE. He was previously the Deputy Chairman of Bunyan, an Oman government-owned development company, where he led the planning and delivery of key tourism projects throughout the country.

Jeff also spearheaded iconic destinations for Majid Al Futtaim, delivering signature projects such as Mall of the Emirates, Ski Dubai, Bahrain City Centre, The Wave Muscat, and Deira City Centre, while negotiating complex public-private partnerships and joint ventures across the Middle East and North Africa. He has advised the Bahraini government on national tourism strategy and oversaw the redevelopment of the Four Seasons Park Lane in London, along with several other flagship hospitality projects.

A former member of both the Urban Land Institute and the International Council of Shopping Centers, Jeff remains an influential voice in global property and design. His ability to unite heritage and modernity, coupled with deep operational expertise, continues to shape some of the world’s most celebrated developments.

Jeff earned a Bachelor of Commerce from the University of Melbourne and completed Harvard Business School’s Advanced Management Program.


Ian Bruce Eichner, Chairman & CEO, Continuum Company

Ian Bruce Eichner, Chairman & CEO, Continuum Company

Ian Bruce Eichner, a seasoned developer of urban mixed-use properties, is the Chairman and CEO of The Continuum Company and has a proven track record in real estate spanning more than three decades. Following the company’s expansion into Florida, his portfolio has grown to include La Baia North and South in Bay Harbor Islands, as well as Continuum Club & Residences, Palm Tree Club, and the two-phase mixed-use Continuum Waterfront District in North Bay Village.

His vast portfolio of projects also includes Madison Square Park Tower, City Spire, One Broadway Place, The Manhattan Club, The Royale and Montague Street in Brooklyn Heights. Outside of New York he has developed the Continuum South Beach, a 2-tower gated beachfront community in Miami Beach, FL and the Cosmopolitan Resort & Casino on the Las Vegas strip.

Mr. Eichner’s acute business sense has produced a series of visionary real estate developments that have been characterized by a creative mix of distinctive purpose-built properties. Each of these properties illustrates his extensive real estate expertise and ability to take situations which others may find unachievable and execute solutions which realize value for the investor, consumer and developer.

Mr. Eichner’s notable development achievements that were the first in their class include: the first high-rise built in Brooklyn since landmarks height legislation was passed in 1965 (Montague Street, 1998); the first urban timeshare in New York, with a new concept of being able to book stays one day at a time (The Manhattan Club, 1996); the first and only beachfront gated community in South Beach (The Continuum, 2002-2008); and the first development on the Las Vegas strip to employ an urban development model, maximizing a small 8.5 acre site to its full square footage potential of 6 ½ million square feet (Cosmopolitan Resort & Casino).

Mr. Eichner’s career in real estate follows almost a decade in the criminal justice system, including terms as an assistant District Attorney and program development chief of a gubernatorial agency during Nelson Rockefeller’s tenure.


Carlos Rosso, Founder, Rosso Development

Carlos Rosso, Founder, Rosso Development

Carlos Rosso is an industry visionary who has been a driving force behind some of the most prominent development opportunities in South Florida for more than two decades. After nearly twenty years at the Related Group, Rosso formed Rosso Development in 2020, a fully integrated development firm with expertise in virtually every aspect of the industry including construction, project financing, land acquisition and sales and marketing.

Rosso has pursued several opportunities focusing on high-end boutique developments including the transformative Midtown Park Residences by Proper and the first-ever Standard-branded residential property, The Standard Residences, Midtown Miami.

As the president of the condominium and international development divisions at the Related Group, Rosso oversaw all facets of domestic condominium development as well as internationally in countries like Mexico, Colombia, Brazil, Argentina, Uruguay and Panama.

Over the course of his career, Rosso has developed well over 16,000 units, and under his leadership, Related successfully delivered iconic projects including the 1,600 unit Paraiso District in Miami, the company’s largest project to-date; Auberge Beach Residences and Spa in Fort Lauderdale, the first entirely residential project for the revered hospitality brand; SLS Cancun & Residences in Mexico, which sold out less than 24 months after launching; and V:HOUSE in Brazil, a luxury boutique property in the up-and-coming financial district, to name a few. The next batch of projects to complete includes Residences by ARMANI/CASA designed by César Pelli, Hyde Beach House and Park Grove by OMA/Rem Koolhaas.

Prior to his time at Related, Rosso held a number of positions across global development firms, having served as Vice President of Real Estate Development for Investment Properties Ltd. in Boston; and ten years as Project Director for Besix International, overseeing the development and construction of over ten million square feet of multi-family, hotel and office buildings in Europe, the Middle East and Africa.

Rosso graduated summa cum laude from the Universidad de Buenos Aires with a Master’s degree in Architecture. He also earned a Master’s degree in Real Estate Development and Finance, with the highest honors, from the Massachusetts Institute of Technology (MIT).


Spencer Morris, President, The Allen Morris Company

Spencer Morris, President, The Allen Morris Company

The Allen Morris Company (AMCO) one of the largest diversified real estate firms in the southeast, has named W.A. Spencer Morris, President. Morris was most recently Chief Investment Officer (CIO) for the organization. W. Allen Morris will retain title as Chairman & CEO.

Morris has been an integral part in furthering AMCO’s investment management division, along with its development business, and opening new lines of business such as AMS Hospitality.

In his new role, he will oversee AMCO’s investment portfolio, now surpassing $1.5 billion, projects under construction and $2.5 billion in new pipeline development opportunities. Morris will continue to serve on the Board of Directors of AMCO and AMS Hospitality.

The multi-faceted Allen Morris Company has several projects throughout Atlanta, Central Florida and South Florida, and is currently looking at new opportunities throughout the Southeast.

Morris was previously with The Related Group, where he served as Development Associate of the 58-story, 1.3 million square foot SLS LUX-Brickell hotel and condominium as well as other projects.

Morris received his Bachelor of Science degree in Liberal Arts from Boston University.

Allen Morris Company is one of the largest real estate firms in the Southeast U.S., completing their 85th development project and specializing in office buildings, multi-family residential, hotels, mixed-use developments, leasing and brokerage, and property management. With offices in Miami and Atlanta, the Allen Morris Company has served its business and investment clients for 64 years.


Olzhas Ayazbayev, CEO, BI Group USA

Olzhas Ayazbayev, CEO, BI Group USA

Olzhas Ayazbayev is the CEO of BI Group USA, leading the company’s expansion into the U.S. real estate market. With 12 years of experience in real estate, mainly in new market expansions, land acquisition and product development. He holds a degree in business administration and real estate management from the University of Illinois and Harvard. Under his leadership, BI Group USA is developing projects in Miami and Houston, focusing mainly on clients and investors needs, innovative design and technology.


Fred Zutel, Lockton

Fred Zutel, Lockton

Fred Zutel is a nationally recognized expert in risk management and insurance for commercial real estate and construction. Based in Miami, he advises leading real estate developers, REITs, national homebuilders, hospitality groups, and lenders across the United States and internationally.

Fred exclusively represents real estate owners and sponsors, advocating for their interests in negotiations with insurance carriers, financial institutions, and third-party general contractors. He structures innovative Surety and Risk Management programs that reinforce corporate balance sheets and improve access to capital.

As President of Florida P&C, Fred has played a pivotal role in expanding the firm’s real estate, development, and construction practice. He has recruited top-tier talent and originated dozens of new client relationships in one of the country’s most competitive markets.

Fred currently advises on millions of square feet of commercial real estate and more than 150 active construction projects. His expertise spans strategic planning, client retention, talent acquisition, team development, and sales leadership—earning the trust of some of the most prominent real estate organizations in the world.

Key highlights of Fred’s career include: Serving on Lockton’s Executive Committee, Global Real Estate Council, and Continuous Improvement Team (CIT) Steering Committee, helping shape the firm’s strategic direction and service delivery model; Leading Lockton’s real estate growth through high-profile client acquisitions and capability-building initiatives; Being featured in The Wall Street Journal, Risk & Insurance, and Commercial Observer as a thought leader in the insurance industry; Earning industry recognition, including CRE’s Aspiring Leaders of 2025, Insurance Business America’s Top Retail Brokers 2025, Risk & Insurance’s 2022 Power Broker, and South Florida Business Journal’s 40 Under 40.

Fred is also committed to community impact. He organizes the annual Lockton Cares Fishing Tournament, raising significant funds for nonprofits such as Friends of Miami Animals, Boys & Girls Clubs of Broward County, and Beat the Streets. He serves on the board of the I Have a Dream Foundation and supports several other organizations, including Voices for Children and The de Moya Foundation.


Showcase Exhibitors

About the PROFILEmiami Pre-Construction Development Summit 2025 Presented by The Delmore - South Florida Real Estate Showcase:

Miami’s #1 Real Estate Development Conference

On Thursday September 18, 2025, real estate media powerhouse PROFILEmiami will host the 2nd Annual PROFILEmiami Pre-Construction Development Summit Presented by The Delmore Surfside at the lavish Luminaire flagship showroom in Coral Gables. The event will shine a spotlight on the hottest real estate developments and luxury projects from Miami, Fort Lauderdale and Palm Beach. The evening will be attended by over 400+ of South Florida’s most active developers, brokers, investors, architects, financiers and development sales teams for a real estate showcase and two panel experience, matched with a trendy evening soirée of bespoke networking and cocktails.

Panels:

In the Panel Room, South Florida’s developers and development sales leaders will explore real estate development and pre-construction sales’ most pertinent topics including ‘The Business of Selling Pre-Construction Condos’, ‘Capital, Risk & Innovation in Development’ and ‘Shaping Miami’s Skyline’.

Showcase:

Connect, network and learn in the Showcase Room where South Florida’s top projects will host pop-ups and activations where you can connect and learn about their leading developments while you have the opportunity to expand your business over PROFILEmiami’s industry leading Bespoke Networking and cocktails.

Network:

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

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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.

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

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The Delmore Joins Forces With Veteran-Led Defense Contractor To Bring Presidential-Level Security To Ultra Luxury Residential Oceanfront Living In Surfside

The Delmore, the ultra-luxury oceanfront condominium designed by Zaha Hadid Architects (ZHA) in the Town of Surfside, has announced a partnership with Washington, D.C.-based Active Security Consulting LLC to implement a next-generation security program, further distinguishing the project as a one-of-a-kind offering in Miami’s high-net-worth residential market.

The Delmore, the ultra-luxury oceanfront condominium designed by Zaha Hadid Architects (ZHA) in the Town of Surfside, has announced a partnership with Washington, D.C.-based Active Security Consulting LLC to implement a next-generation security program, further distinguishing the project as a one-of-a-kind offering in Miami’s high-net-worth residential market.

Developed by Dubai-based DAMAC International, The Delmore exemplifies the developer’s commitment to iconic architecture, bespoke amenities, and exceptional craftsmanship. The newly unveiled collaboration draws on the expertise of Active Security Consulting, a veteran-led, SBA-certified Service-Disabled Veteran-Owned Small Business (SDVOSB) defense contractor known for delivering advanced security solutions spanning physical, electronic, and cyber domains.

Founded by former U.S. Marine Scout Sniper and Recon veteran Walter Hasser, whose decorated military career in the Global War on Terror informs the firm’s operational approach, Active Security has provided specialized protection for the U.S. Department of Defense as well as the current and former Presidents of the United States. His extraordinary service has even been chronicled in popular culture, underscoring the level of real-world experience he brings to The Delmore.

“High-value residences demand more than standard security systems…they require a disciplined approach that integrates technology, personnel, and design,” said Hasser. “At The Delmore, our mission is to deliver complete peace of mind, from arrival to private elevator entry, while preserving the warmth and elegance of residents’ lifestyles.”

As part of this mission, Active Security will integrate biometric access, facial recognition, iris scanning, and other cutting-edge technologies, all configured to protect privacy and minimize intrusion. Behind the scenes, a rigorously vetted team of operational professionals ensures that every system – from sensors to personnel – functions with precision. This full-spectrum approach guarantees both robust protection and a refined resident experience.

“The partnership with Active Security Consulting highlights The Delmore’s commitment to unmatched quality, detail, and discretion,” said Jeffery Rossely, Senior Vice President of Development for DAMAC International. “This is not just a security system – it’s a full-service, concierge-level solution that complements the ultra-luxury nature of the residences. Walter’s military career is so remarkable that it became the subject of an HBO mini-series, a testament to the caliber of expertise now protecting our residents.”

The Delmore, with only 37 full- and half-floor “mansions in the sky,” offers four- to five-bedroom residences starting at $15 million, averaging over 7,000 square feet. Each home is fully finished, with private elevator entries and sweeping views of the Atlantic Ocean, Intracoastal Waterway, and Downtown Miami. The 12-story boutique building also features more than 55,000 square feet of amenities, including a 75-foot sky-high translucent pool, indoor lap pool, state-of-the-art fitness center, meditation garden, and an exclusive Michelin-caliber restaurant for residents and guests.

With construction underway, completion of The Delmore is anticipated in 2029. Its advanced security systems, signature architecture, and rarefied amenities position the building as a singular, globally recognized address for Miami’s ultra-wealthy.

Renderings via Binyan Studio

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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.

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

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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.

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

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North Development Breaks Ground On 579-Unit Short-Term Rental Approved 'Domus Brickell Center'

North Development has officially broken ground on Domus Brickell Center, the next phase of the successful Domus FLATS model. Rising 35-stories, this development will introduce 579 fully-furnished residences that combine modern living with hotel-level services and the flexibility of short-term rentals.

North Development has officially broken ground on Domus Brickell Center, the next phase of the successful Domus FLATS model. Rising 35-stories, this development will introduce 579 fully-furnished residences that combine modern living with hotel-level services and the flexibility of short-term rentals, becoming the second Domus project to come to Miami’s Brickell neighborhood.

The Domus FLATS model was designed to be a better alternative to the traditional condo-hotel concept, emphasizing hospitality, technology, and consistency. Every unit is operated under North Management, an in-house management company that caters specifically to FLATS residents’ needs, ensuring exceptional service while preserving long-term brand integrity. Guests and residents also have access to the Domus App, a seamless portal that makes daily life effortless, offering features such as mobile check-in, digital keys, on-demand services, and access to over 100 booking platforms, including Marriott Bonvoy and Hyatt.

“We are thrilled to break ground on Domus Brickell Center, capitalizing on the success of Domus Brickell Park and further bringing the FLATS vision to life in Miami,” said Ricardo Dunin, Founding Partner at North Development. “This milestone reinforces the Domus brand as a leader in lifestyle-driven residential living, offering buyers a turnkey investment that combines luxury, flexibility, and best-in-class hospitality.”

Designed by world-class architecture firm Studio MC + G Architecture with interiors by Urban Robot Associates, residences in Domus Brickell Center come fully finished and furnished, featuring hard flooring throughout, private balconies, kitchens with premium appliances, modern fixtures, stone countertops, in-unit washers and dryers, and a UV-filtered CLEAR Water Filtration System.

Domus Brickell Center also houses a suite of meticulously tailored amenities. These include a rooftop pool and sky deck with cabanas and daybeds, a rooftop bar, a hot tub, and a rooftop yoga deck, as well as an indoor-outdoor gym with state-of-the-art equipment, a lush garden lounge, indoor-outdoor treatment rooms and a steam room, co-working spaces and a conference room, a 24-hour lobby ambassador, on-call housekeeping, and pet-friendly features. Additionally, the development’s lobby features a signature lounge and an on-site restaurant.

“Domus Brickell Center is far more than just a collection of residences, it is a complete lifestyle experience,” said Juan Carlos Tassara, Founding Partner at North Development. “From the moment they enter the lobby, residents are immersed in a hotel-esque setting designed not only for luxury but for convenience and ease. Its functionality is part of its appeal, and we look forward to its success and the expansion of the Domus brand.”

Domus Brickell Center is being sold exclusively by Cervera. Since launching, the project has secured contracts on over 30% of residences, showing a strong demand from discerning buyers. Domus Brickell Center is located at 1034 SW 2nd Ave and offers studio- to two-bedroom residences ranging from 400 to over 1,000 square feet, priced from the low $500,000s to approximately $1.5 million.

Completion of Domus Brickell Center is slated for the end of 2027.

Images via North Development

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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.

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.

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Alchemy Properties And Breakers Capital To Launch Mixed-Use Wynwood Development In Partnership With Galapagos Capital

Alchemy Properties, in collaboration with Breakers Capital, has announced a joint venture with Galapagos Global Capital Management LLC (“Galapagos Capital”) to bring a luxury condominium development to Miami’s Wynwood district.

Alchemy Properties, in collaboration with Breakers Capital, has announced a joint venture with Galapagos Global Capital Management LLC (“Galapagos Capital”) to bring a luxury condominium development to Miami’s Wynwood district. The project, first acquired in 2022 for $18 million, marks Alchemy Properties’ entrance into the Miami condo market.

Located at 18 Northwest 23rd Street, the site will be transformed into a dynamic, 12-story residential condominium and retail development, featuring approximately 206,000 square feet of residential space, 13,500 square feet of ground-floor retail, and over 30,000 square feet of state-of-the-art indoor and outdoor amenities. Sales will commence in early-2026, with construction expected to start in the first quarter of 2027. The project is fully entitled.

The development will offer approximately 186 residences, including studios, one-, two-, and three-bedroom units. Amenities include a fitness center, rooftop pool, event spaces, indoor and outdoor lounge, coworking spaces, and a pet spa. The building will have a garage with 167 parking spots.

Alchemy Properties Inc., one of the most reputable luxury residential condominium developers in New York City, will be overseeing the development, sales and marketing on behalf of the ownership group of Alchemy-ABR Investment Partners, Breakers Capital and Galapagos Capital.

“It says a lot about the strength and excitement of Wynwood and this particular project that we’ve been able to secure such a strong capital partner in Galapagos Capital for their first ground up project in the United States,” said Brian Ray, Co-Founder and Principal of Alchemy-ABR Investment Partners. “We’re excited to move forward with them for our first joint venture together and are confident that this partnership will lead to a best-in-class condominium project for a wide range of domestic and international buyers.”

“This is a compelling opportunity to create long-term value in one of Miami’s most exciting submarkets,” said Rodrigo Machado, Managing Director at Galapagos Capital. “Alchemy Properties has a strong development track record, and we’re proud to collaborate on this project to bring world-class residential living to Wynwood.”

Architectural firm Arquitectonica is leading the design in collaboration with interior design firm MKDA, creating a modern development that reflects the spirit of Wynwood. Construction is being handled by Beauchamp. JLL Capital Markets Miami’s Brian Gaswirth and Paul Adams managed the equity introduction, with Holland & Knight serving as Alchemy Properties and Breakers Capital Partners counsel and DLA Piper representing Galapagos Capital.

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Continuum Company Locks Down $67 Million Construction Loan For La Baia North, Bay Harbor Islands

Continuum Company has secured a $67 million construction loan from S3 Capital to advance La Baia North, its second boutique bayfront condominium in Bay Harbor Islands. The eight-story project at 9481 E Bay Harbor Drive will feature 57 residences, is already 75% pre-sold, and is scheduled for delivery beginning of 2027.

Continuum Company has secured a $67 million construction loan from S3 Capital to advance La Baia North, its second boutique bayfront condominium in Bay Harbor Islands. The eight-story project at 9481 E Bay Harbor Drive will feature 57 residences, is already 75% pre-sold, and is scheduled for delivery beginning of 2027.

The milestone underscores the vision of Ian Bruce Eichner, the acclaimed New York developer behind Continuum South Beach, Continuum Club & Residences, and the recently acquired Palm Tree Club site in North Bay Village.

With La Baia South, its sister project, fully sold and expected to receive its Temporary Certificate of Occupancy in Q4 2025, La Baia North continues Eichner’s mission to deliver transformative waterfront projects that redefine luxury living in South Florida.

In line with Continuum’s hospitality-first approach, buyers receive lifestyle-driven services including a private yacht club membership,exclusive access to Dorsia app, and Boucher Brothers beach parnership, as soon as contract signing.

The development is strategically located near popular attractions such as Bal Harbour Shops and Miami's beaches. Each unit offers expansive layouts with terraces, catering to both luxury and convenience. The interiors, curated by Durukan Design, will feature European wide-plank wood flooring, custom kitchens with Miele appliances, and high-end finishes throughout.

La Baia North also boasts over 20,000 square feet of amenities, including a rooftop deck with a splash pad, a fitness center, heated spas, and a sunset lounge with a fire pit. Additional amenities include kids' play areas, a rooftop grill station, and water sports facilities. Additional amenities at La Baia North include: dock-side pick-up and drop-off area; residents’ Tesla program; water sports launch dock with kayaks, inflatables, and paddleboards; and more. Residents will also have access to a 24/7 concierge, valet services, and a full-time property manager for added convenience.

Renderings and photos via Continuum Company

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Internationally-Acclaimed Polo Icon Nacho Figueras Signs Contract For Condo At Jean-Georges Miami Tropic Residences

Terra, led by David Martin, and co-developer Lion Development, led by Michael Simkins, have announced that the internationally-acclaimed Argentine polo player, model, and philanthropist Nacho Figueras, and his son, polo player Hilario Figueras, have signed a contract at Jean-Georges Miami Tropic Residences.

Terra, led by David Martin, and co-developer Lion Development, led by Michael Simkins, have announced that the internationally-acclaimed Argentine polo player, model, and philanthropist Nacho Figueras, and his son, polo player Hilario Figueras, have signed a contract at Jean-Georges Miami Tropic Residences, the Michelin-starred chef’s first residential building located steps away from the Miami Design District and Midtown.

Figueras purchased Residence 3505, a 2,951-square-foot three-bedroom, three-and-a-half bathroom home listed for $3,116,000, which Hilario Figueras will use as a pied-à-terre. The residence features a private elevator and a 968-square-foot private terrace showcasing sweeping views of Wynwood and the cityscape. Douglas Elliman is exclusively handling sales for Jean-Georges Miami Tropic Residences, and Nicole Cardona of Douglas Elliman represented this deal.

“Hilario brought this opportunity to me, and having long admired Jean-Georges and Terra’s renowned developments, it was one we couldn’t pass up,” said Nacho Figueras. “Jean-Georges Miami Tropic Residences offers everything polo players like us could ask for – a home where every detail is handled, blending lifestyle, services, and effortless living.”

“The Design District’s walkability, elegance, and vibrant culture, combined with Miami’s rise as a hub for health and wellness, make this the perfect home – a place that resonates with our lifestyle,” said Hilario Figueras. “When visiting Jean-Georges’ Four Twenty Five in New York, the attention to detail, service, and sophistication confirmed this new home was the right choice.”

Designed by award-winning architecture firm Arquitectonica, with interiors by internationally acclaimed design studio Yabu Pushelberg, the 48-story tower will offer 329 condominium residences and 27,500 square feet of ground-floor retail. Residents will enjoy access to over 41,000 square feet of indoor and outdoor amenities thoughtfully designed for wellness, gathering, and entertainment. Jean-Georges Miami Tropic Residences’ architecture seamlessly blends the urban tapestry of art and culture to form strong connections between the building and the people who live there. Interiors offer an overwhelming sense of calm through verdant greenery, textured fabrics, and natural materials; each space integrates shades of green and natural woods and stones, such as diabase, found in the tropics, similar to how Miami’s lush environment effortlessly blends with its art and culture-driven landscape.

“We look forward to welcoming Nacho and Hilario to the Miami Tropic community,” said David Martin, CEO of Terra. “In partnership with Jean-Georges, we’re curating more than just a residential offering. We’re building an immersive lifestyle shaped by culinary excellence, vibrant culture, and elevated service – which the chef and restaurateur has mastered throughout his career. The building is one-of-a-kind, and our buyers are taking notice.”

The Jean-Georges team-curated culinary experiences are integrated throughout the building in collaboration with Terra, Lion, and the designer, Yabu Pushelberg. These include not only curated menus at all resident amenities in the building but also involvement in the design of the amenity spaces. Jean-Georges Miami Tropic Residences' amenities span across five full floors and include an 8th-floor pool deck and adjacent resident-only restaurant and bar, rooftop pool, private dining room, archival library, juice bar, mini-market with a grab-and-go café, flowers and gifts, lounge spaces, and many other hospitality and wellness-driven areas throughout the building. The building's ground floor will house Jean-Georges' abc kitchens, a blend of his popular plant-forward restaurant abcV, Latin concept abc cocina, and abc kitchen.

Prominently located at the gateway between Midtown and the Miami Design District, and in close proximity to Wynwood, Jean-Georges Miami Tropic Residences will provide future residents with convenient, walkable access to luxury retail, dining, art, and culture. These colorful few blocks are accented by the artful storefronts of luxury retailers, eye-catching sculptural and architectural works like Sol Let Witt Sculpture Garden, Fly’s Eye Dome, and Daniel Toole’s Jade Alley, as well as immersive cultural experiences such as the Institute of Contemporary Art and BlackTower Gallery. Miami Tropic is also a short walk to multiple parks and playgrounds, many of them bayfront, including Paraiso Park, Martell Park, Roberto Clemente Park, Stearns Park, and Albert Pallot Park.

Renderings via The Boundary

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