Mast Capital and Starwood Celebrate Top Off of The Perigon Miami Beach

Mast Capital and Starwood celebrated the recent topping off milestone of The Perigon Miami Beach as the first new oceanfront residential tower in this cycle in Miami Beach to reach full height ahead of its anticipated occupancy in 2027.

Mast Capital and Starwood celebrated the recent topping off milestone of The Perigon Miami Beach as the first new oceanfront residential tower in this cycle in Miami Beach to reach full height ahead of its anticipated occupancy in 2027.

With strong sales momentum, limited inventory remaining from $12.55 million, The Perigon Miami Beach is a 17-story ultra-luxury oceanfront condominium developed by Mast Capital in joint venture with a controlled affiliate of Starwood Capital Group. Designed by OMA, the firm founded by Pritzker Prize–winning architect Rem Koolhaas, the 72-residence tower features interiors by Tara Bernerd and gardens by Gustafson Porter + Bowman.

As the first Miami Beach residential project designed by internationally renowned architectural firm OMA, led by visionary architect Rem-Koolhaas, the diamond-shaped luxury condominium tower will feature 73 residences offering breathtaking beachfront views. Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon is situated at 5333 Collins Avenue in Miami Beach’s prestigious Mid-Beach neighborhood. With expansive beachfront acreage, unparalleled exclusivity, and an emphasis on privacy, it presents a lifestyle experience that is both rare and highly coveted.

The ultra-luxury condominium offers approximately 40,000 square feet of thoughtfully designed indoor and outdoor amenities, curated to elevate every aspect of lifestyle. Highlights include a private oceanfront restaurant and private speakeasy conceptualized by Michelin-starred chef Shaun Hergatt, who will oversee the property’s exclusive food and beverage offerings. Additional amenities feature an oceanfront swimming pool with cabanas, a serene spa with sauna and treatment rooms, a private salon, a fully equipped fitness center with panoramic ocean views, a children’s playroom, a screening room, a wine room, guest suites, and a striking double-height lobby lounge. These spaces are brought to life by a dedicated lifestyle concierge and residential butler, ensuring an unparalleled level of service. Residents will also enjoy 24-hour security, valet, house car service, pool and beach service, in-residence dining and more, offering a seamless blend of luxury and convenience.

Images via TAMZ, Jason O’Rear, The Boundary and The Perigon

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

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Check Out This Newly Completed Waterfront Spec Home On Miami Beach's Venetian Islands Asking $59.9 Million

A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay.

A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay. Built and owned by Maven Construction's president, and designed in collaboration with Varabyeu Partners, Javier Robles Studio and Artefacto, the home seamlessly blends contemporary design with curated turnkey interiors, offering 10,689 SF of living space, 7 bedrooms, 7.5 bathrooms and expansive open-plan living areas with full-height glass walls.

Elevated 14 feet above sea level, Forte features a rooftop terrace with 360° views of downtown Miami and the bay, a display-quality garage fit for 8–10 vehicles, dual kitchens, a private theater and full Crestron smart-home automation. With its exceptional scale, high-quality design and unrivaled amenities, Forte stands among the most significant new-construction estates on the Venetian Islands and exemplifies Miami’s evolution as a global luxury waterfront destination.

1413 North Venetian Way, Miami Beach, FL is listed For $59,900,000 with Matt Crane of Compass.

Images via Christian Santiago

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French Hotelier Purchases The Kimpton Angler’s Hotel in Miami Beach for $43.5 Million

A French hotelier has acquired the Kimpton Angler’s Hotel in Miami Beach for $43.5 million, marking one of the most expensive hotel deals in Miami Beach to close in 2025. The transaction equates to $330,000 per key and was financed with a $23.5 million loan from Interaudi Bank.

A French hotelier has acquired the Kimpton Angler’s Hotel in Miami Beach for $43.5 million, marking one of the most expensive hotel deals in Miami Beach to close in 2025. The transaction equates to $330,000 per key and was financed with a $23.5 million loan from Interaudi Bank.

The Kimpton Angler’s is a 132-key hotel featuring two pools and three food-and-beverage outlets. The buyer plans to renovate the property, elevating the design, service, and overall guest experience to align with the luxury standards of his other hotels. It underwent an expansion in 2018 and the buyer plans to renovate and manage the property.

Per public records, the hotel was purchased by Hotels Investment and Management Team LLC, an entity tied to Philippe Le Guennec and his Paris-based hotel collection, Hotel Saint-Louis. This marks Philippe’s second hotel acquisition in Miami Beach. He previously purchased and sold, Hotel St. Augustine in Miami Beach with Gale and now plans to operate the hotel as part of his growing hospitality brand.

The buyer was represented by Susan Gale of Gale International at ONE Sotheby’s International Realty alongside attorney Chad Freedman of Ballaga, Freedman & Atkins. Alex Lalos of Hodges Ward Elliott represented the seller.

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Riviera Dining Group's MILA Miami Crowned The Highest-Grossing Independent Restaurant In America

MILA Miami – Riviera Dining Group’s (RDG) flagship destination which has come to represent the height of Miami Beach glamor — has been ranked number #1 on Restaurant Business’ Top 100 Independents 2025 as the highest-grossing independent restaurant in the United States.

MILA Miami – Riviera Dining Group’s (RDG) flagship destination which has come to represent the height of Miami Beach glamor — has been ranked number #1 on Restaurant Business’ Top 100 Independents 2025 as the highest-grossing independent restaurant in the United States.

In 2022, the restaurant ranked #5 — reflecting the prior year’s sales and marking its first full year in business — and held that position again in 2023. In the 2024 ranking, it rose to #2, generating $49,088,032 in sales. For the 2025 list, MILA has now achieved the top spot with $51,115,747 in sales, a resounding testament to the visionary entrepreneurship behind the concept’s ever-growing prestige. This distinction places MILA in the company of top-ranking establishments like Pastis in New York City, Le Diplomate in Washington D.C., and Joe’s Stone Crab in Miami.

Riviera Dining Group’s founding endeavor, MILA debuted in 2020 and has since established itself as an international benchmark for experiential hospitality; one that blends fine dining, design, art, and emotion. This refined rooftop restaurant, rooted in a “MediterrAsian” culinary philosophy, not only thrived in the face of a global pandemic. It evolved into a dynamic, multi-venue destination. In addition to the MediterrAsian restaurant, MILA houses three distinct concepts: the 10-seat MILA Omakase, one of the most luxurious sushi counters in Miami; MILA Lounge, a coveted nightlife space redefining Miami’s after-dinner culture; and MILA MM, a members-only destination that has since expanded to four total locations across RDG’s portfolio.

2024 was a milestone year for MILA, marking the elevation of its menus and the expansion of its Learning & Development Department, designed to groom current and future leaders across all levels of the organization. “Miami is an incredibly competitive market, but MILA stands out because we offer something holistic,” said Gregory Galy, Founder & CEO of Riviera Dining Group. “It’s not just about food; it’s the full sensory journey: the design, the music, the service rhythm, the brand aura. We are proof that creativity and discipline can coexist beautifully.”

The innovative combination of fine dining, exclusive nightlife, and genuine hospitality has become RDG’s signature, and propelled the company’s remarkable trajectory over the last half-decade. One of the key rising stars of the contemporary U.S. restaurant landscape, RDG will continue expanding beyond Miami, into New York, Las Vegas, and Dubai. The empire’s brands include CASA NEOS, AVA MEDITERRAEGEAN, and CLAUDIE; and the forthcoming CASA NEOS MM Lounge.

“We are deeply honored to see MILA recognized as the #1 Independent Restaurant in the United States,” said Galy. “This distinction is more than a ranking. It is truly the culmination of years of vision, discipline, and collective passion across our organization. From the kitchen to the floor, from our reservation and sales teams to our marketing department, every detail, gesture, and moment of care has contributed to this milestone.” Among those essential team members are Chef Michaël Michaelidis, a veteran of the kitchens of Alain Ducasse and Joël Robuchon, who leads MILA’s culinary program; and designers Olya Volkova and Lazaro Rosa-Violan, who drew inspiration from nature’s elegance and the Wabi-Sabi philosophy to create a multi-sensory environment where culinary artistry meets sophisticated social energy.

Reflecting on MILA’s future, Galy added, “Our ambition has always been to elevate hospitality into an art form: where cuisine, design, and emotion converge to create something truly timeless, while always putting the guest experience at the forefront; because it is a community of guests and extraordinary members that brings MILA to life. Their support touches us deeply and reinforces our mission: to craft experiences that move people, awaken the senses, and redefine the boundaries of modern dining.” “This recognition belongs as much to our team as to the vibrant community of guests who have made MILA part of their lives.”

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Josh Flagg Lists Reimagined Mediterranean Villa on Miami Beach's Exclusive North Bay Road For $10 Million With Jordan Karp LLC

Flagg Family Capital, in partnership with Carolwood LP, has officially listed its newly rebuilt Mediterranean villa on North Bay Road for $10 million with Jordan Karp LLC, marking one of the most compelling non-waterfront offerings to hit Miami Beach this season.

Flagg Family Capital, in partnership with Carolwood LP, has officially listed its newly rebuilt Mediterranean villa on North Bay Road for $10 million with Jordan Karp LLC, marking one of the most compelling non-waterfront offerings to hit Miami Beach this season. The home, developed by Josh Flagg who has starred on Bravo’s Million Dollar Listing Los Angeles, and redesigned by BuiltIN Studio / Gary Eisner, sits directly across from David and Victoria Beckham’s $72.5 million bayfront compound—placing it in one of the corridor’s most exclusive pockets.

The 4,000-square-foot residence is positioned on a lush 10,000-square-foot lot with a gated entry and resort-style grounds. Inside, vaulted ceilings, new custom wood flooring, bespoke millwork, and a restored limestone fireplace create a warm modern Mediterranean aesthetic. The kitchen features white oak cabinetry, SubZero appliances, and Waterworks fixtures, while the bathrooms showcase travertine accents and custom detailing throughout. A detached pool house functions as a private wellness retreat with a sauna, cold plunge, outdoor shower, and powder room.

Flagg has been clear that the timing of the listing aligns with shifting political sentiment in New York, which he says accelerated his decision to bring the home to market through broker Jordan Karp of Jordan Karp LLC.

“The minute New York elected Mandahmi, I called my broker Jordan Karp,” Flagg says. “I didn’t even wait for the acceptance speech.” Since going live for $10 million, the listing has already generated immediate attention from local, domestic, and international buyers—mirroring a larger post-election migration pattern toward tax-friendly, lifestyle-driven markets like Miami and Palm Beach.

North Bay Road itself remains one of the country’s most prestigious residential streets, home to a roster of global entrepreneurs, investors, entertainers, and legacy families. With multiple recent trades above $70 million—and several pushing past the $100 million mark—the corridor has become synonymous with scarcity, exclusivity, and record-setting land values. Inventory is minimal, and any newly finished product tends to move quickly. Flagg and Carolwood LP's property, headed by Adam Rubin and Andrew Shanfeld, is located across the street from David Beckham's $72.5 million compound on Biscayne Bay.

Flagg describes the home as “essentially brand-new,” with every system, finish, and layout refined during the renovation. Though he maintains a significant real-estate footprint in both Los Angeles and New York, he views this Miami project as part of a broader strategy to position capital in markets with strong momentum. The ongoing influx of Northeastern wealth, alongside interest from London, California, and Europe, has only reinforced that conviction.

“But let me be clear, I love New York. It’s home half the month. I spend two weeks there and two weeks in L.A., and I still own plenty of real estate between Manhattan and Long Island. I’m not changing anything in New York, I’m just taking advantage of what’s happening in Miami. It’s called business.” Said Flagg.

With the listing now active with Jordan Karp LLC, the property adds another high-profile chapter to North Bay Road’s ongoing luxury surge. And while Flagg developed the residence as an investment rather than a personal residence, he hints that Miami remains firmly on his radar.

“Florida’s fine, it’s not going anywhere,” said Flagg. “Once the noise dies down, I’ll probably just buy everything back again. I invest where it’s the right place at the right time. The only things I’m emotionally attached to are Los Angeles, New York, and zoning laws… and Florida’s been on a waitlist for all three since the 1980s.”

Images via Binyan Studio and Jordan Karp LLC

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RIVANI Acquires $23 Million Palm Island Waterfront Estate, Plans Landmark Multi-Million Transformation

Robert Rivani, Founder of disruptive real estate firm RIVANI, has acquired a premier waterfront estate on Miami Beach’s exclusive Palm Island for $23 million. The property is set to undergo a multi-million-dollar transformation into one of the island’s most prestigious private residences.

Robert Rivani, Founder of disruptive real estate firm RIVANI, has acquired a premier waterfront estate on Miami Beach’s exclusive Palm Island for $23 million. The property is set to undergo a multi-million-dollar transformation into one of the island’s most prestigious private residences.

Located at 16 Palm Avenue, the estate spans a 35,348-square-foot lot that showcases approximately 220 feet of prime, south-facing waterfront capable of accommodating yachts up to 205 feet. Set within the coveted, police-guarded Palm Island community, the property offers a rare blend of privacy, security, and unobstructed bay views.

“Our vision is to create a legacy property that is timeless and exceeds the expectations of today’s luxury buyer on every level,” said Robert Rivani, Founder of RIVANI. “Our commitment to uncompromising quality and transformative luxury spaces is reflected in all of our projects, and will be incorporated into every aspect of this home.”

Drawing influences from the world’s finest resorts and properties, Rivani will reimagine the estate as a South of France-inspired sanctuary blending the timeless elegance of the Mediterranean layered with architectural intimacy and the distinctive character of Miami. The design will incorporate the highest caliber organic materials and finishes, taking cues from the bay and lush outdoors with every element thoughtfully executed to deliver an exceptional living experience.

Dina Goldentayer of Douglas Elliman represented Rivani for the transaction, while Luis Bosch of Venetian International held the listing.

“Originally listed at $32.5 million, Robert acquired this estate at a significant discount, a testament to his ability to identify undervalued properties and unlock their true potential,” said Goldentayer. “The property has it all–scale, pedigree, location, and breathtaking water frontage—all exceedingly rare in Miami’s highly competitive luxury market. With Robert’s visionary approach, it’s destined to become a true legacy estate.”

RIVANI continues to disrupt traditional real estate by transforming hospitality, retail, and office properties into vibrant, lifestyle-driven destinations. With over $1 billion in real estate transactions executed independently, the firm’s portfolio includes an iconic roster of projects including a landmark ‘Class X’ luxury office building The RIVANI on Miami Beach, which attracted Playboy Enterprises as a marquee penthouse tenant. The firm is also behind the recent $37 million acquisition of the historic Lincoln Theatre building, acclaimed waterfront destinations including the upcoming GAIA, and the fully leased Wynwood Jungle and 325,000-square-foot regional power shopping center The Gardens in New Jersey.

Images via Legendary Productions/ Dina Goldentayer

For more information about RIVANI or to inquire about purchasing a home on Palm Island please fill out the form below:

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Witkoff and Ocean Terrace Holdings Launch Sales For 'Ocean Terrace' in North Beach, Miami Beach

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach.

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach. With architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects), Ocean Terrace offers carefully envisioned residences that embrace Miami Beach’s scenic beauty and sophisticated coastal lifestyle. Located directly on the ocean between 74th and 75th Streets with 350 feet of shoreline, the project includes a rare collection of 52 private condominium residences, and a separate tower featuring 24 resort residences all perched above curated retail spaces that enrich the local streetscape. The project also features a separate RAMSA designed historic hotel that has 42 luxury guestrooms.

“True to its name, Ocean Terrace is a development deeply connected to its surrounding ocean vistas,” said Alex Witkoff, Chief Executive Officer of Witkoff Group. “Framed by cinematic views of the water and park, the project features 350 feet of direct ocean frontage and uninterrupted views stretching a mile to the north — with amenities that float above the ground, overlooking the ocean.”

With a focus on craftsmanship and timeless design, Ocean Terrace is accentuated by signature touches from the esteemed RAMSA, also known for designing interiors for projects such as Shore Club Private Collection in Miami Beach, as well as 20 East End Avenue and 30 Park Place in New York. The residences include thoughtful finishes such as Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops and chef-caliber Gaggenau appliances, as well as unique features such as private elevators in each home. Ranging from one-bedroom-den configurations to expansive five-bedroom homes in the condo tower to fully furnished one-to four-bedroom residences and penthouses in the resort residences, the interiors combine elements of Miami Modern and Art Deco while taking inspiration from mid-century Brazilian modernism, known for its use of tropical woods, and French modernism. Each home will boast expansive private terraces and uninterrupted views of the Atlantic Ocean, lush parklands, and the Miami skyline—delivering a rare trifecta of ocean, park, and skyline views, a highly sought-after combination in South Florida.

"Our firm is known for designing buildings, but we were excited to focus our efforts at Ocean Terrace on the interior spaces,” said Paul Whalen, Partner at RAMSA. “We are creating our vision of an authentic Miami Beach life with references to the multiple modernisms that have together created the city we love."

Designed to perfectly balance discretion and connection are Ocean Terrace’s over 18,000 square feet of interior amenities. RAMSA envisioned a sculpted lobby with custom detailing, a state-of-the-art fitness center with ocean views, a curated library, and a tea room with wood-paneled walls, stone flooring, and custom antique-style millwork. Outdoors, approximately 50,000 square feet of amenity space includes a private residential porte-cochere and motor court, a resident-only sunrise lap pool, a sunset pool with cabanas and dining service, and a variety of open-air gathering spaces designed for both relaxation and social connection. Landscape design by ENEA further enhances the harmonious connection between the built environment and the native charm of North Beach.

"Ocean Terrace is a testament to our vision of enhancing North Beach with a blend of timeless architecture and modern living," said Alex Blavatnik, Co-Founder of Ocean Terrace Holdings. "From the curated amenities to the expansive oceanfront views, every detail has been thoughtfully considered to create an undisturbed residential experience that captures the essence of Miami Beach’s sophistication and natural beauty."

At the heart of Ocean Terrace lies a five-acre Raymond Jungles-designed park, a reimagined public space that blends nature, art and community. Inspired by iconic urban oases, the park features an art installation by acclaimed Parisian sculptor Prune Nourry. Now open, the park is the first part of Ocean Terrace to debut, leading a resurgence in the neighborhood and setting the tone for its transformation into a lively destination.

“With acres of beachfront, unobstructed ocean views, a world-class park, luxury retail and hospitality there is truly nothing comparable on Miami Beach," said Sandor Scher, Co-Founder of Ocean Terrace Holdings. “Our goal was to create an iconic residential development that is one-part private oasis and one-part impeccable placemaking. We set out to create a destination elevated to the highest standards while embracing its historic charm and sense of community.”

In addition to the retail, residential and hotel offerings, Ocean Terrace features an exclusive private Members Club, designed as a refined retreat for residents seeking a more intimate and personalized experience. With dedicated social, dining, and wellness spaces, the club provides a seamless extension of the Ocean Terrace atmosphere in a secluded and refined setting.

Sales for Ocean Terrace are now underway, with pricing starting at $6.3M and completion expected in 2029. Douglas Elliman Development Marketing is the exclusive sales and marketing team for the project.

Renderings via The Boundary

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

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Luxury Health and Wellness Destination Monarch Athletic Club to Launch First East Coast Location at The RIVANI Miami Beach

Monarch Athletic Club, the physician-led wellness destination redefining health and wellness, will open an 8,000-square-foot, state-of-the-art wellness facility at The RIVANI Miami Beach, real estate mogul Robert Rivani’s flagship Class X office building located at 1691 Michigan Avenue.

Monarch Athletic Club, the physician-led wellness destination redefining health and wellness, will open an 8,000-square-foot, state-of-the-art wellness facility at The RIVANI Miami Beach, real estate mogul Robert Rivani’s flagship Class X office building located at 1691 Michigan Avenue. This marks Monarch Athletic Club’s first expansion outside of Los Angeles, where the concept has cultivated a devoted following of health-conscious executives, athletes, and entrepreneurs. Monarch Athletic Club is slated to debut at The RIVANI Miami Beach in 2026.

"Expanding Monarch into Miami is a milestone that excites our entire team. Southern California has been the proving ground for our model — where people value innovation and high performance — but Miami brings a unique energy and an unmatched appetite for community, wellness, and longevity,” said Dr. Ryan Greene, DO, MS – Co-Founder & Medical Director, Monarch Athletic Club. “The culture in Miami is vibrant, global, and deeply connected to health and vitality. It’s the perfect place to expand our ecosystem and introduce more people to a model of care that keeps them well, strong, and thriving. We’re thrilled to build something special here and contribute to Miami’s growing identity as a destination for proactive health and performance."

“Monarch Athletic Club is a game changer for Miami’s wellness scene,” said Robert Rivani. “Their innovation and elite level of services represents the caliber of tenants we are curating at The RIVANI, and aligns with our vision of a workplace designed around lifestyle and wellbeing. This is the future of office, and arguably the most significant amenity of any South Florida office building.”

Monarch Athletic Club is redefining health care delivery through a fully integrated model that combines medicine, fitness, and recovery under one roof. Members receive access to a dedicated team of physicians, nurse practitioners, strength coaches, nutritionists, and physical therapists who deliver coordinated, data-driven programs focused on prevention rather than treatment. Each member completes a comprehensive in-house medical evaluation and quarterly follow-ups that include physical therapy, strength, and nutrition assessments to ensure measurable progress and long-term optimization.

Monarch provides unlimited personal training, physical therapy, IV therapy, concierge longevity medicine, hormone and peptide optimization, and advanced recovery modalities such as ice baths and infrared saunas — all curated to maximize member outcomes and extend healthspan. By uniting these disciplines in one seamless membership experience, Monarch is creating a scalable, next-generation model for proactive, preventative health.

Founded by Dr. Ryan M. Greene, DO, MS and Paul Freschi, Co-Founder & Director of Performance, Monarch Athletic Club was created to redefine modern wellness through a proactive, performance-driven approach. The brand’s mission is to empower members to take control of their long-term health while optimizing daily performance and longevity to thrive both inside and outside the gym.

The arrival of Monarch Athletic Club to Miami Beach underscores Rivani’s Class X vision, an entirely new standard of office development that integrates luxury design, cutting-edge technology, and hospitality-level services. Designed by the acclaimed Rockwell Group, The RIVANI Miami Beach embodies the energy and exclusivity of a five-star resort, establishing a new global benchmark for office space.

Images via The Rivani Miami Beach

For more information about The Rivani Miami Beach, Monarch Athletic Club or to connect with RIVANI fill out the form below:

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RIVANI Acquires Historic Lincoln Theatre Building In Miami Beach for $37 Million

Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M.

Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M. Following the momentum of the announcement that Playboy will relocate their global headquarters to the penthouse at RIVANI’s flagship project at 1691 Michigan Avenue, this latest acquisition further solidifies Rivani’s footprint on Miami Beach and signals a bold new chapter for the city’s most iconic pedestrian promenade.

“This is one of the most iconic properties on Lincoln Road and has the potential to reignite the area as the cultural heartbeat of the city,” said Rivani. “Our continued investment in Miami Beach is a strategic commitment to its long-term future, and 551 Lincoln is a cornerstone of our vision to make Lincoln Road great again.”

Secured at well below market value, the historically designated 1935 Art Deco property spans 35,240-square feet and is currently 98% leased to a premier tenant roster, including H&M, Swatch, Chilli Beans, and Tapelia Spanish Cuisine. H&M occupies approximately 84% of the building, operating its flagship Miami Beach store, while Swatch recently completed a full renovation and reopened in July of this year.

The property has received nine prestigious awards across global, national, state, county, and local levels, including the highly coveted ULI Visionary Project of the Year Award. With ongoing development and anticipated zoning changes in and around Lincoln Road, demand for prime retail and hospitality locations in the area continues to rise. The sale was brokered by JLL’s Danny Finkle and Evan Larh.

Rivani has amassed over $250 million of prime South Florida assets over the past few years, with $150M invested in Miami Beach alone. His holdings include acclaimed destinations including Amara at Paraiso, the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building. This year alone, he made headlines with a string of record-breaking deals, including the Playboy lease announcement, the $28.2 million sale of Catch Miami Beach—setting a Florida record for a freestanding restaurant—and a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel, marking one of 2025’s most significant hospitality-driven transactions.

Images via RIVANI and Anna Osborn

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Playboy To Relocate Global Headquarters to RIVANI Miami Beach

Robert Rivani, the commercial real estate and hospitality visionary known for disrupting traditional asset classes and transforming them into headline-making destinations, announced that Playboy has signed a lease at his flagship project, RIVANI at 1691 Michigan Avenue.

Robert Rivani, the commercial real estate and hospitality visionary known for disrupting traditional asset classes and transforming them into headline-making destinations, announced that Playboy has signed a lease at his flagship project, RIVANI at 1691 Michigan Avenue.

The new RIVANI Miami Beach building—Rivani’s $100 million “Class X” office redevelopment—will serve as Playboy’s headquarters. Located adjacent to Lincoln Road, the project redefines the workplace by blending five-star hospitality, curated wellness, and elevated design, setting a new benchmark for commercial office buildings.

“Securing a top-tier, globally recognized company like Playboy underscores the level of prestige and energy we are bringing to RIVANI Miami Beach, and we are excited for the world-class brands that will join them,” says Robert Rivani.

The announcement coincides with Rivani’s debut of his company’s rebrand from Black Lion to RIVANI — showcasing a commitment to creating revolutionary environments where hospitality, design, wellness, and service converge at the highest level.

“The rebrand is a pivotal moment for us—it reflects who we are today and where we’re headed,” says Rivani. “Black Lion laid the foundation, and RIVANI is the evolution. We’re continuing to disrupt the industry with a timeless, elegant and intentional approach to lifestyle-driven experiences.”

Designed by the award-winning Rockwell Group and inspired by Rivani’s hospitality experience, RIVANI Miami Beach offers elevated amenities including a full-service concierge, valet, world-class spa, fitness and wellness center, meditation room, Omakase restaurant, speakeasy, living room-style meeting spaces, and private event venues.

Rivani has amassed nearly $200 million of prime South Florida assets over the last 10 years, anchored by some of Miami’s most sought-after restaurant and retail spaces. His holdings include marquee destinations such as Amara at Paraiso, the upcoming GAIA, and the fully leased Wynwood Jungle. This year, he made headlines with a string of record-breaking deals, including the $28.2 million sale of Catch Miami Beach—setting a Florida record for a freestanding restaurant—and a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel (formerly SLS Brickell), marking one of 2025’s most significant hospitality-driven transactions.

Images via RIVANI Miami Beach

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