Image via PROFILEmiami
National real estate development and investment firm Naftali Group has topped off of the podium level at JEM Private Residences in Downtown Miami. This milestone marks the completion of the 11th floor and signals a major step forward in the vertical construction of the 67-story luxury tower rising within Miami Worldcenter. Construction is overseen by Coastal Construction.
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Faena Residences Miami has revealed Faena Rose, the first permanent, purpose-built architectural setting dedicated to the Faena Rose patron community. Suspended across three dedicated levels from floors 61 through 64, nearly 700 feet above the Miami River, Faena Rose is a floating cultural and architectural landmark that architecturally unites the twin residential towers.
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Image via Filipe Cuevas
Chef Danny Grant, known for award-winning restaurants Maple & Ash, Monarch, Kessaku, Marisella, and Eight Bar, has brought his next chapter to Miami. Eight Bar recently opened on the first floor of Maple & Ash at Miami Worldcenter, offering a vibrant indoor-outdoor setting and Maple Hospitality Group’s signature hospitality.
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Bayview PACE, a division of Bayview Commercial Mortgage Finance, has closed on $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use high-rise being developed by Okan Group and designed by Behar Font & Partners.
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Located atop the 50th floor, JEM Private Residences offers an expansive suite of amenities, including a 60-foot outdoor pool, indoor Sky Lounge, state-of-the-art fitness center, boxing arena, yoga patio, spa suite with steam, salt, and sauna rooms, along with a co-working space and spirits tasting room for refined social experiences.
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Real estate development and investment firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.
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Michael Simkins, Ryan Shear and Alex Karakhanian - Image via World Red Eye
National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.
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Fitness International, LLC, the company behind LA Fitness and Esporta, has officially unveiled its 15th Club Studio® location — a 38,000-square-foot flagship facility at Miami Worldcenter, one of the largest and most transformative urban developments in the country. The state-of-the-art destination blends boutique fitness, recovery, and social wellness, marking a major step in Club Studio’s nationwide expansion.
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Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit.
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Join PROFILEmiami for an exclusive Bespoke Summer Networking Happy Hour at the lavish Giselle Miami, the stunning rooftop oasis perched above E11EVEN. Mingle with South Florida’s top real estate professionals, developers, brokers, and investors in an elevated setting designed to connect and inspire.
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