Regency Development Group Breaks Ground on Luxury Condo in Bay Harbor Islands

Regency Development Group has broken ground on the Signature Collection, the first of three luxury buildings in the La Maré Brand Collection, a high-end residential development in Bay Harbor Islands, Florida. Comprising nine waterfront residences ranging from 2,200 to 4,300 square feet, the Signature Collection marks the initial phase of this premium project. Regency Development, a family-run company from Chicago with over 20 years of experience, is making its first foray into South Florida with this project, which aims to bring tropical luxury living to a prime waterfront location.

Michael Troyanovsky, Managing Partner at Regency Development, expressed excitement about the project’s milestone. “La Maré offers the key amenities residents are looking for, including boat slips, all in an unrivaled location," said Troyanovsky. The Signature Collection is set along a beautifully landscaped bayfront shoreline, providing residents with direct access to the water and offering a unique blend of city life and natural serenity.

Located at 9781 East Bay Harbor Drive, the Signature Collection features modern architecture designed by Kobi Karp and interiors by Debora Aguiar Arquitetos. Each residence includes expansive floor plans, floor-to-ceiling windows, private terraces with bay views, and a secure elevator system that provides direct access to units. Kitchens will be custom-designed by Poliform, featuring stone countertops and Miele appliances, while the primary bathrooms will offer dual showers, deep-soaking tubs, and Antonio Lupi fixtures.

In addition to its luxurious living spaces, the Signature Collection offers a range of high-end amenities. Residents will have access to a marina with four boat slips, accommodating vessels up to 45 feet, a rooftop pool deck with a jacuzzi, outdoor kitchen, and lounge area. Other amenities include a fitness center, spa facilities with a steam room and sauna, and bayfront lounge areas. Water activities will also be available for residents to enjoy.

With prices starting at $3 million, the Signature Collection represents an exclusive opportunity to live in one of South Florida’s most sought-after locations. Construction of the Signature Collection is expected to be completed by early 2026. Douglas Elliman Development Marketing is overseeing sales for the project.

La Maré’s development marks a significant addition to the Bay Harbor Islands community, bringing a fresh perspective on waterfront living with luxury design and thoughtful amenities.

Witkoff Set To Open The Belgrove, Autograph Collection Luxury Resort Including Renovated Dutchman's Pipe Golf Course in West Palm Beach This Fall

Witkoff, in collaboration with Access Industries, and Pyramid Global Hospitality, has signed an agreement with Marriott International to open The Belgrove, Autograph Collection in Palm Beach complete with a renovation of the Dutchman’s Pipe golf course. This modern oasis is set to open its doors by the end of 2024 and will offer a unique blend of polished elegance and laid-back luxury, celebrating the rich culture of Palm Beach.

The Belgrove will undergo a stunning property-wide transformation along Lake Mangonia, just 10 minutes from the heart of Palm Beach. The resort will feature 150 guest rooms, as well as public spaces such as the arrival experience, lobby, dining outlets, fitness and spa facilities, pools, outdoor patio areas, and meeting and function spaces. Additionally, twenty-two villas are expected to be constructed by 2025, offering additional inventory and investment opportunities.

With a mission to cultivate an ambiance of British Caribbean hospitality, The Belgrove’s accommodations will feature spacious interiors with refined island charm. Private balconies with expansive views of the surrounding natural beauty and neighboring golf course will be a highlight of the rooms and suites.

The resort will also introduce five distinct dining concepts, including Society48—an American brasserie with globally inspired dishes, Deep End—a full-service pool bar and kitchen, and Veranda—a space for daily teatimes and social gatherings. Guests of The Belgrove will have exclusive access to the newly renovated Dutchman’s Pipe golf course, a members-only Jack Nicklaus Signature Course. The resort will offer a world-class golf experience without membership fees, allowing guests to book tee times, receive lessons, and participate in tournaments.

Among the resort’s amenities will be a family-friendly pool, an adults-only pool, 16 poolside cabanas, and a variety of engaging programming. The Belgrove Spa will offer expansive treatment rooms and wellness offerings, while the fitness center, tennis courts, pickleball courts, and padel court will cater to guests looking to stay active.

The Belgrove’s meeting and event venues will provide over 25,000 square feet of indoor and outdoor space for a variety of occasions, all with natural light and access to outdoor areas. The resort will also participate in the Marriott Bonvoy travel program, allowing members to earn and redeem points for their stay.

Marion Reopens in Brickell with Fresh Look and Expanded Menu

After an extensive summer renovation, Marion, the well-known Miami dining and nightlife venue operated by Mr. Hospitality Miami, has reopened in Brickell. The restaurant now features a new design and an updated menu that blends Asian and Mediterranean influences. The reopening marks a significant milestone for Marion, which has been a part of Miami's dining scene since 2015.

Marion's renovation aims to enhance both its dining and nightlife experience. The updated interior design, crafted by Carlos Rodriguez of Escala Forma, combines elements of nostalgia and modern luxury. According to Rodriguez, the design reflects Marion’s rich history while introducing contemporary touches to ensure the space feels both familiar and new. Inspired by iconic venues like Studio 54, the refreshed look includes bold colors, custom Murano chandeliers, and an LED-paneled disco ceiling, which enhances the venue's nightlife appeal.

The updated menu, designed by Executive Chef Kylian Goussot, continues to emphasize Asian-Mediterranean flavors with dishes such as Truffle Prime Beef Tartare, Lobster Tempura, and Prime Skirt Steak Tagliata. Executive Sushi Chef Max Kamakura has also introduced a new sushi program, which showcases his expertise in dry-aging techniques and creative presentations.

In addition to the revamped food offerings, Marion has also expanded its beverage options. The new cocktail menu, curated by Corporate Beverage Manager Karol Ansaldi, features drinks inspired by Asian and Mediterranean flavors, including signature cocktails like the Dirty Dancing and Wild Things. The wine program, led by Wine Director Higor Valle, now highlights a variety of prestigious Champagne houses alongside a selection of premium Tequilas.

“The decision to renovate and relaunch Marion is rooted in its legacy as a Miami landmark,” said Mathieu Massa, Founder & CEO of Mr. Hospitality Miami. “For years, Marion has been synonymous with exceptional dining, trendsetting flair, and a premier nightlife destination. This transformation elevates Marion from the ‘It’ girl of Brickell to a sophisticated, graceful icon. This is not just a renovation; it’s a $4,000,000 rebirth—returning to her essence with newfound elegance, ready to enchant our guests anew.”

The renovation also includes the addition of a Dom Pérignon Champagne Display and Tequila Room, which replaces the former wine room. This space offers over 300 premium bottles for guests to explore. Marion is open from Tuesday to Saturday, 7 PM until late, and is located at 1111 SW 1st Ave, Miami, FL 33130.

SOLINA BAY HARBOR BREAKS GROUND AT 50% SOLD

The boutique condominium development Solina Bay Harbor has broken ground after reaching a 50% sales milestone within six months. Located at 1055 93rd Street in Bay Harbor Islands, the project is set to offer a collection of high-end residences with a completion date projected for Q4 2025.

Solina Bay Harbor will feature nine residences, including two penthouse villas. The units range from 1,400 to 2,600 square feet, with options for two, three, and four bedrooms. The development emphasizes privacy, offering one to two units per floor, and includes amenities such as a pool with a summer kitchen, a fitness center, a courtyard, and covered parking. Prices for the units start at $1,699,000.

The design team for Solina Bay Harbor includes CLA+D, Pliskin Architecture (PANYC), and FAB314, with sales and marketing efforts managed by Powered by DMT in partnership with The INSIDE Network.

Alyssa Soto Brody, Co-Founder, Powered by DMT. “The development’s blend of exclusivity, modern design, and prime location in Bay Harbor Islands has resonated strongly with local and international buyers looking for a luxury home in South Florida. This global interest speaks to the unique appeal of the building and the quality of life it offers.”

RedHoek+, the firm behind the development, is expanding its presence in South Florida after experiencing growing interest in the region, particularly from both local and international buyers. This marks the firm's second project in Bay Harbor Islands, following the success of its initial venture in the area.

Construction Begins on Ultra-Luxury Rivage Bal Harbour Condominium Development

Construction has officially begun on Rivage Bal Harbour, a new ultra-luxury condominium project located in one of South Florida’s most exclusive communities. The project is a collaboration between Related Group, Rockpoint, and Two Roads Development, with architecture by the renowned firm Skidmore, Owings & Merrill (SOM) and interiors designed by Rottet Studio.

Set between the Intracoastal Waterway and 200 feet of oceanfront, the development will offer 56 high-end residences, designed to blend modern luxury with South Florida’s natural beauty. The homes, referred to as “sky villas,” will range from 3,300 to nearly 13,000 square feet, providing features akin to a single-family home, including in-unit elevator access and private parking garages. Each residence will also have expansive terraces offering direct views of the ocean and Biscayne Bay.

The design incorporates open-concept floor plans, with custom kitchens featuring Sub-Zero and Wolf appliances and high-end Italian finishes in bathrooms and closets. The development aims to appeal to luxury buyers seeking an elevated living experience in Bal Harbour, a community known for its exclusivity and proximity to the Bal Harbour Shops.

Amenities at Rivage are extensive, with over 25,000 square feet dedicated to wellness and recreation. These include a fitness pavilion, hammam spa with hot/cold plunge pools, private treatment rooms, and outdoor pickle and paddle ball courts. For more relaxed pursuits, residents will have access to private dining services, a cocktail lounge, a VR game simulator, and a kids’ playroom. In addition, resort-style services such as a 24/7 residential butler and concierge will be available.

The project is expected to be completed in 2027, with construction managed by Coastal Construction Group. According to the development team, Rivage aims to offer an exclusive residential option in the supply-constrained Miami market, meeting growing demand for high-end properties in the region.

Douglas Elliman Development Marketing (DEDM) is handling the sales for Rivage Bal Harbour, which is positioned to attract buyers seeking luxury living in one of South Florida’s most sought-after locales.

“Bal Harbour is undeniably one of South Florida’s most iconic neighborhoods, and this property will raise its profile even higher,” said Jon Paul Pérez, Related’s President. “With a once-in-a-generation location, stunning design and five-star service, Rivage offers a rare opportunity for the world’s most elite buyers. We are proud to begin construction on a property that not only honors Bal Harbour’s glamorous history but also delivers an unparalleled living experience.”

Since its founding in 1929, Bal Harbour has been a favored destination for affluent residents and visitors, offering close proximity to Miami Beach’s cultural landmarks while maintaining a reputation for privacy and exclusivity.

Revolutionizing New Development Sales: A Conversation with Tim Ng, Founder of Blackline

Blackline is a cutting-edge real estate sales platform designed to streamline new development sales through technology. Founded by industry veteran Tim Ng who has over 16 years of experience, the platform has already facilitated the sale of 80,000 units in Canada and is now expanding into Miami. Blackline offers tools like interactive floorplans, inventory management, and custom reporting, helping developers and sales teams work more efficiently and make data-driven decisions.

Give us your background, how did you get involved in the real estate industry?

I come from a real estate family… literally. Both my parents were in the industry on the brokerage and developer side, so it’s been a part of my life for as long as I can remember. Watching them navigate the market and sell real estate was an inspiration and it felt natural to follow in their footsteps. What I didn’t want to do was go the traditional route. I wanted to combine my passion for technology with real estate. So 16 years ago, straight out of university, I started our parent company, Adhoc Studio, which focused on creating award-winning renderings and building interactive sales gallery software.

Why did you decide to set out on your own to launch a real estate software?

Working closely with developers and sales teams for over 16 years, I saw firsthand the challenges and inefficiencies within the new development sales and marketing process. These experiences sparked my interest in finding solutions that could streamline operations and create efficiencies that will bring this segment of the industry into the digital age. My process for the research phase was anything but Adhoc. I conducted focus groups with industry change-makers and thought leaders, and after a year of listening and understanding the needs of my future clients, I realized what we can offer is going to be a game-changer.  

Tell us about Blackline? Who is it for and what services does the Blackline offer? 

Blackline is an industry-leading sales platform built to accelerate new development sales. Ideal for developers, sales agencies and brokerages, the platform brings a very antiquated process of new development sales into the digital age. Utilizing robust features like the interactive floorplan module, inventory management, custom reporting and suite stacking plans enables our clients to sell faster and more efficiently, resulting in higher profits and data driven insights.

What inspired you to expand Blackline to Miami? What factors did you consider when choosing Miami as the next market for expansion?

After establishing Blackline as a market leader selling over 80,000 units across Canada on the platform in our first 4 years, I wanted to strategically expand to the US. South Florida, particularly Miami fit the bill as their sales and marketing programs are similar to Toronto. Additionally, Miami’s dynamic and diverse real estate landscape, combined with the lifestyle appeal of condo living, made it an ideal entry point that aligned with our mission to provide cutting-edge tools that meet the needs of a fast-paced, evolving market.

What value does Blackline add for the developers and sales teams?

The Blackline platform combines innovation and sophistication to deliver features developers and sales teams can utilize to propel their new development sales programs. From the realtor portal to writing up final contracts, everything is branded and customized to the specific project. The platform has been built for realtor engagement, maximizing operational efficiency while also capturing the highest revenue. By using Blackline, clients also get access to real-time insights on their projects that show demand, activity and over 100 reports that can help inform them in making data-driven decisions. This data can help inform marketing strategies and planning of multi-phased selling programs. With all the tools you need, developer and brokerages save time and money while maximizing revenue.

How has the software evolved since you first launched? What new features or services can users expect in the near future?

Part of our corporate mission is to always be innovating. We stay closely connected to industry trends and experts to inform us of new pain points and the evolving needs. We recently launched two new features, Blackline Cast and Blackline Realm. Both cater towards enhancing the experience for realtors and buyers in sales galleries and tie into the Blackline software seamlessly. At the five year mark for the company, we are working to launch Blackline V2 which will have a lot more customization and control for clients while further creating efficiencies for their sales programs. Also, we are excited to be working on building a CRM into the platform which will make Blackline a front to back, full-service solution for New development sales.

What sets Blackline apart from other real estate sales software or CRM systems? 

We pride ourselves on Blackline being a platform that is built for the industry, by the industry. We spent over a year meeting with leading developers and sales companies to deeply understand the complexities, needs, and pain points of the sales and marketing process. Our mission was clear: to digitize and streamline the manual processes that sales teams, realtors, contract administrators, and marketing teams handle daily, making their workflows more efficient and seamless. 

How do you plan to integrate Blackline into the Miami market and what unique opportunities do you see there?

Miami is an exciting market right now. With the plethora of branded residences and high profile projects, Blackline is ideal for developers looking to maintain brand value through the sales process while being efficient and easy to use. Our platform is being utilized by CMC Group and Fort Partners for the Four Seasons Coconut Grove and we are excited to have other branded residences adopt the platform for their sales programs.

What challenges do you anticipate facing when expanding Blackline to Miami and how do you plan to overcome them?

The localized nuances of a new market will always be one of the biggest challenges. Each real estate market has a tried and true way of doing things and not everyone is open to change. Blackline also has an educational component to understanding how it can take your sales program to the next level. The challenges we face right now are trying to introduce it on a large scale to the Miami industry players. We’ve been fortunate to develop close relationships and align with some of the industry’s top sales and marketing leaders early on in our expansion and they have been mentors to us providing their invaluable guidance as we expand into the South Florida market. 

You have built out quite a team at Blackline, tell us about the team and how you plan to expand in Miami?

Our product, engineering, and customer success teams are made up of seasoned vets who have been at the forefront of real estate technologies and innovation for the past 16 years. Many of our team members have firsthand experience working for developers and new development brokerages, so they truly understand the industry - we really ‘get it’. Before we decided to expand into the Miami market, we spent 6 months learning the local market - engaging with new development realtors, listening sessions with sales managers and contract administrators at sales galleries. We also have our team there monthly, meeting with developers and brokerages, educating about the product whenever possible and attending industry events to stay connected to our clients. 

How do you envision Blackline making a positive impact on the Miami community?

Miami is ready for change and I feel Blackline is perfectly suited to complement the current lineup of large residential projects in the pipeline. Miami real estate is also being watched on a global stage and using Blackline gives developer and sales team the ability to connect with clients anywhere, anytime. The ability for everyone involved with a pre-construction transaction (developer, sales team, outside realtor, purchaser, lawyer) to interact with a single ecosystem will streamline their experience, maintain brand value and result in a more efficient sales process. 

What long-term goals do you have for Blackline in Miami and beyond and how do you plan to achieve them?

Miami is a primary market we’re focused on in the US but we have our sights set on going global. There is a real appetite to integrate technology into the new development sales process and Blackline is suited ideally for those looking to accelerate their sales, achieve efficiency and make data driven decisions for their projects. We are offering a product that has proven itself with over 80,000 units sold on the platform and we continue to innovate to meet industry needs. Through targeted education of the product, and exposure from marquee projects looking to adopt the platform, we believe Blackline will soon become the industry standard for new development sales, not only in Miami but globally.

Iconic Luxury Hotels Debuts First U.S. Property with Palm House Hotel in Palm Beach

Iconic Luxury Hotels (ILH), renowned for its prestigious portfolio of historic and luxurious accommodations, will unveil its first U.S. property, the Palm House Hotel, set to open in Palm Beach this November. This marks ILH's entry into the American hospitality market, expanding its celebrated collection that includes the famed Excelsior Venice, Cliveden House, and Mayfair Townhouse.

Nestled in the heart of Palm Beach, just a stone's throw from the golden sands and the upscale boutiques of Worth Avenue, the Palm House Hotel embodies a Mizner-inspired design that pays homage to the region's architectural heritage. This new addition will be the eighth property in ILH's portfolio and the first on American soil.

After a meticulous three year renovation, the Palm House Hotel will feature 79 elegantly appointed rooms, including 21 luxurious suites, all designed to offer some of the most spacious accommodations on the island. Guests can enjoy floor-to-ceiling windows, arched doorways, and private terraces. Among the hotel's highlights are four expansive suites, including a grand Presidential Suite with a double-height living area that opens onto a balcony with panoramic views of the pool deck.

In addition to its lavish rooms and suites, the Palm House boasts a newly constructed ballroom complemented by a garden terrace and a poolside lawn, making it an exceptional venue for weddings, special events, and business meetings.

Andrew Stembridge, Executive Director of Iconic Luxury Hotels, commented, "The opening of Palm House Hotel represents a significant milestone for our brand as we extend our footprint into the U.S. market. We are thrilled to bring our distinctive blend of luxury and heritage to Palm Beach."

Founded in December 2016, Iconic Luxury Hotels is part of L+R Hotels, a global investment and management company with a portfolio exceeding 105 hotels and around 21,000 guestrooms. Each property in ILH’s collection is unique, yet they all share a dedication to delivering exceptional experiences. From Cliveden House in England to the Hotel Excelsior in Venice, ILH’s portfolio features some of the world’s most renowned hotels. The group also includes Chewton Glen, The Lygon Arms, 11 Cadogan Gardens, The Mayfair Townhouse, and The Chelsea Townhouse.

L+R Hotels, headquartered in London, has built a distinguished reputation through strategic investments and adaptability to market trends. The company manages a diverse portfolio of 23,519 rooms across the UK, Continental Europe, the U.S., and the Caribbean. This portfolio ranges from select service hotels to acclaimed five-star properties and luxurious resorts in exclusive destinations. L+R Hotels operates through four distinct groups: Iconic Luxury Hotels, Atlas Hotels, City Hotels, and Destination Hotels, each with its own unique character and focus.

With the introduction of the Palm House Hotel, Iconic Luxury Hotels is set to offer American travelers a taste of its renowned elegance and luxury, marking a new chapter in its storied history.

Tiffany & Co. Opens New Flagship Location in Miami Design District

Luxury jeweler and design house Tiffany & Co. has opened a new flagship location in Miami Design District. The newly opened Tiffany & Co. location captures the essence of Louis Comfort Tiffany's artistic legacy while embracing Miami’s vibrant spirit. Showcasing iconic collections like Tiffany Lock, T, HardWear, and Knot, along with exquisite Diamond Designs, the store radiates timeless elegance. Visitors are welcomed by Damien Hirst's vibrant "Apple Blossom Wallpaper" temporary façade, setting the tone for the artistic journey inside. As they step in, they encounter Daniel Arsham’s striking Bronze Venus Italica, Venini’s dazzling blown glass chandeliers, and Peter Lane’s captivating ceramic table lamps. A Landmark-inspired staircase beckons shoppers to explore further treasures, including the sophisticated "Comfort Lounge" cocktail bar. The MDD store is a tribute to Tiffany & Co.'s enduring legacy and an adventure where each piece tells a tale of passion and exquisite craftsmanship.

The Miami Design District is a one-of-a-kind neighborhood that combines luxury shopping, galleries, museums, design stores, restaurants and major art and design installations all within an architecturally significant context. The Miami Design District is owned and operated by Miami Design District Associates, a partnership between Dacra, founded and owned by visionary entrepreneur Craig Robins, and L Catterton Real Estate, a global real estate development and investment fund, specializing in creating luxury shopping destinations.

Supertall Waldorf Astoria Hotel & Residences Miami Locks Down Largest Construction Loan In Florida History at $668 Million

PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) have secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami. This monumental milestone marks the largest construction loan secured for a residential condominium development in Florida’s history. As the first supertall tower to break ground in Miami, the Waldorf Astoria Hotel & Residences Miami will rise as the tallest residential building south of New York City and signify iconic hospitality brand Waldorf Astoria’s entry in Miami.

Bank OZK and Related Fund Management provided the financing with the transaction brokered by Christopher Peck, Chris Drew, Brian Gaswirth, Jimmy Calvo and Mateo Bolivar of Jones Lang LaSalle (NYSE: JLL). Kramer Levin Naftalis & Frankel LLP and Saul Ewing LLP represented PMG and Greybrook. PMG Residential leads sales with Christian Tupper, Aura Aragon, Daiana Quiceno, Alejandra Castillo and Karine Carvalho as the exclusive team. The property is currently over 90% sold.

“This project’s success cannot be credited to one person or firm, as it was nothing short of a herculean effort by a collective of so many individuals to bring Waldorf Astoria Hotel & Residences Miami to fruition,” said Ryan Shear, Managing Partner at PMG. “Both the magnitude of financing we’ve secured for this project and its incredible buyer response is testament to the quality of product and strength of Miami’s real estate market, which remains one of the strongest markets in the country. We look forward to completing a record-breaking mat foundation pour this week and moving forward in the vertical construction of this iconic addition to Miami’s skyline.”

“PMG’s ability to secure financing for a project as significant and iconic as the Waldorf Astoria Hotel & Residences in today’s atmosphere once again underscores the confidence the capital markets has in our platform at large,” said Dan Kaplan, Managing Partner at PMG. “Recurring collaborations with institutions such as Bank of the Ozarks and Related Fund Management proves PMG’s both consistent and successful track record over the past three decades. We are excited to commence vertical construction and deliver what will ultimately be the defining building in the Miami skyline.”

Waldorf Astoria Hotel & Residences Miami will complete a record-breaking foundation pour this week led by the development’s general contractor John Moriarty & Associates alongside CAPFORM. Over the course of 36 uninterrupted hours, a continuous rotation of 1,400 trucks will deliver over 13,500 cubic yards of concrete to the development site. This pour commences vertical construction of the property which is slated for completion in Q2 2028.

“Reaching this important milestone is a testament to the effort and dedication put forward by our respective development organizations,” said Peter Politis, CEO, Greybrook Realty Partners. “This achievement underscores our commitment to delivering this landmark project and as the project advances into the vertical construction phase, we look forward to bringing this impressive structure to life.”

“We are delighted to finance another project for a quality sponsor like PMG. The premier nature of this mixed-use development, strong unit pre-sales, substantial equity investment, low leverage and sole senior secured position are all consistent with our lending strategy,” said Brannon Hamblen, Bank OZK President. “Miami continues to be an attractive market given its strong economic fundamentals, and is now the largest market for our Real Estate Specialties Group, surpassing New York, as of this year’s first quarter.”

Located at 300 Biscayne Boulevard, the architecturally awe-inspiring Waldorf Astoria Hotel & Residences Miami will feature nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. With concept design led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, the 1,049 foot tower will consist of 387 private residences in addition to 205 guestrooms and suites within the luxury hotel, which will be in the first three cubes of the tower along with the hotel’s signature spaces and private amenities. The developers also partnered with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully.

Hotel guests and residents will have access to the Waldorf Astoria brand’s world-famous Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function event spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a holistic wellness spa and fitness center. Private residential amenities will include an owners-only lobby and lounge; hospitality suite for chef’s tastings and intimate soirees; billiard room; kid’s club; and elevated pool deck. Each residence will include the latest smart-home technology with custom mobile app access to concierge services. The app will feature a full menu of available offerings, including dining reservations, 24/7 room service, spa, and fitness treatments, house car reservations, access to valet service, package delivery, and dog walking services. Waldorf Astoria Residences Miami will be managed by Hilton Management Services, providing residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

For more information about Waldorf Astoria Hotel & Residences Miami or to inquire about purchasing a unit please fill out the form below:

Aztec Group Facilitates $55.6 Million Financing for Arcadia Gardens in Palm Beach Gardens

Aztec Group, a prominent real estate investment and merchant banking firm serving Florida for four decades, has announced its successful arrangement of $55.6 million in bridge financing for Arcadia Gardens, located in Palm Beach Gardens, Florida. This luxury age-restricted rental apartment community, encompassing 220 units across 10.64 acres, represents a significant investment in senior living infrastructure.

Developed in 2021, Arcadia Gardens offers residents a premium living experience coupled with a comprehensive amenity package. The centerpiece is its 15,210-square-foot clubhouse, featuring a plethora of amenities such as a fitness center, salon, movie theatre, and various sports courts including pickleball, bocce, and croquet. The community also boasts a pool, spa, walking trail, community garden, and full onsite dining facilities, ensuring residents have access to everything they need for a fulfilling lifestyle.

Strategically located in Palm Beach Gardens, Arcadia Gardens offers residents the convenience of easy access to over 2.9 million square feet of retail space within a one-mile radius. The proximity to The Gardens Mall, a renowned upscale shopping destination, further enhances the appeal of this vibrant community.

The project is managed by affiliates of the United Group of Companies based in Troy, NY, and Sina Companies of Palm Beach Gardens, FL. The United Group of Companies brings over 50 years of industry expertise to the management of Arcadia Gardens, further ensuring the success and quality of the development.

The financing for Arcadia Gardens was secured through MetLife and provides favorable terms, including full-term interest-only and a 36-month term. Peter Mekras, President of Aztec Group, emphasized the meticulous selection process, stating, “Aztec sourced multiple proposals for the financing of Arcadia Gardens and worked with the sponsors to select the capital source that could move quickly and understood the unique attributes of this age-restricted community.”

Aztec Group's success in arranging nearly $200 million in bridge financing in the first five months of 2024 underscores its expertise and commitment to facilitating transformative real estate projects.