13th Floor Homes Delivers Solera at Avalon Trails Active-Adult Community in Delray Beach

As demand for premium rental housing among the active-adult community grows in South Florida, 13th Floor Homes, the homebuilding division of 13th Floor Investments, has completed its newest build-for-rent community in Delray Beach, Florida. Now welcoming residents and already more than 50% leased, Solera at Avalon Trails includes 74 single-story villas located at 14800 Cumberland Drive in the West Delray Beach area of Palm Beach County.

Located within the Avalon Trails active-adult community, Solera at Avalon Trails offers an unparalleled lifestyle for adults aged 55+ seeking luxury rental housing in an amenity-focused, gated community. Homes include two- and three-bedroom floorplans measuring between 1,300 to 1,450 square feet in size, with high-end contemporary features and finishes like quartz countertops, shaker-style wood cabinetry, energy efficient stainless-steel appliances, spacious primary suites, and impact-resistant windows and doors. Monthly rental rates range from $3,400 to $4,000.

“The completion of Solera at Avalon Trails is a significant step in meeting the growing demand for high-quality 55-plus housing in South Florida,” said Mike Nunziata, Division President of 13th Floor Homes. “Today’s active adults are living longer and seeking maintenance-free, resort-style living, and Solera delivers just that. With luxurious homes and a wide range of amenities, this community offers active adults a vibrant, carefree lifestyle. We're excited to provide a solution that aligns with the needs of the region’s expanding active-adult population.”

Solera at Avalon Trails offers an extensive amenity program designed for active adults to live a more sociable and engaging lifestyle. Residents can enjoy the community’s state-of-the art amenity campus inclusive of a clubhouse with a fitness center, card rooms, café, arts and crafts room, and theater. The amenity campus includes a a resort-style pool, lap pool, pickleball and tennis courts. The community’s activities coordinator curates a weekly schedule full of activites for all interests.

The opening of Solera at Avalon Trails comes at a time when demand for active-adult rental housing is on the rise in South Florida. Delray Beach, known for its appealing coastal lifestyle, was recently named one of the top 10 places to retire in Florida by Southern Living.

Located in South Florida’s Palm Beach County, Solera at Avalon Trail’s prime location is a distinguishing feature that sets the neighborhood apart from the other 55+ communities and speaks to 13th Floor’s keen understanding of the active-adult market. Located moments away from Downtown Delray Beach and the South Florida coastline, the community is proximate to a variety of nearby arts, culture, and entertainment destinations, and is conveniently situated between Fort Lauderdale and West Palm Beach.

Solera at Avalon Trails is among 13th Floor Homes' newest communities in South Florida. With over 1,100 homes and 3,500 homesites developed across the region in the last decade, the firm’s portfolio of active developments includes two build-for-rent communities in Port Saint Lucie – the 220-unit Villas of Torino and the 126-unit Tredici at Central Park; and Marina Landings, 34 luxury single-family homes for sale in Fort Lauderdale. The firm also has plans to develop The Reserve at the Woodlands, a 335-home community in Tamarac.

For more information about leasing at Solera at Avalon Trails please fill out the form below:

Forward Hospitality Group and CHEF RAHEEM SEALEY Open Asian Smokehouse Shiso in Wynwood

Chef Raheem Sealey, known for his influential roles at KYU and Drinking Pig, in partnership with Forward Hospitality Group, have successfully opened Shiso—an Asian Smokehouse that uniquely fuses Caribbean influences, Japanese precision, and wood-fired BBQ techniques.

Drawing on his roots from St. Croix and refined training at Le Cordon Bleu in Miami, Chef Sealey has created a menu that celebrates global flavors with innovative twists. The dishes, crafted for sharing, have quickly become a favorite among locals and visitors alike. Standout offerings such as the “Shiso Chicken Please”—a Cornish hen presented both smoked and fried with a distinctive white BBQ sauce—and the inventive Oxtail Gunkan, which layers smoked BBQ oxtail with pickle relish, rice, and a house-made oxtail ‘ju-su’ wrapped in nori, are a testament to the chef’s passion and culinary mastery.

Shiso’s physical space marries raw urban energy and refined elegance in its contemporary design. The venue, located at 239 NW 28th Street, offers an environment where exposed concrete beams adorned with graffiti art contrast with an illuminated quartz stone bar and polished weathered brick corridors. Inside, serpentine banquettes and expansive views of Miami’s horizon invite guests to linger and savor the dynamic atmosphere.

The restaurant’s impact is further extended by its striking 6,500-square-foot rooftop area. This vibrant space features a 35-seat racetrack-shaped bar with a retractable roof and semi-private dining cabanas, all set amidst a 2,000-square-foot green garden teeming with palm trees. This outdoor setting has quickly become a hotspot for those seeking a unique blend of culinary excellence and social engagement.

Inside Shiso, the dining experience goes beyond food. An open-kitchen layout infuses the space with culinary theater, where chandeliers illuminate dining areas framed by local murals and exposed brick. A 15-seat Chef’s Counter offers guests an exclusive, interactive Omakase experience, further enhanced by the expertise of Miami-based mixologist James MacInnes, who leads a world-class bar program emphasizing both craft and spectacle.

The venue is equally noted for its artistic elements. From a captivating street art mural that guides guests toward the rooftop, to a Harajuku-inspired bathroom featuring bold anime art, every detail reflects Wynwood’s creative spirit. Additionally, an origami-inspired entrance crowned with a sculptural wooden paper crane sets the stage for what has become a landmark destination blending food, culture, and art.

Now open Tuesday through Sunday from 5 PM to close, Shiso has quickly become more than just another restaurant—it is a dynamic hub where Miami’s culinary innovation meets the creative energy of Wynwood. The venue invites diners to connect, explore, and celebrate an integrated experience where tradition and innovation coexist. With its bustling indoor dining space and extensive rooftop area, Shiso is set to remain a centerpiece in Miami’s vibrant dining scene.

Continuum Company Launches Private Yacht Club Membership For Buyers At Continuum Club & Residences and La Baia North

Continuum Company has revealed a new, elevated luxury waterfront living amenity for two of their new Miami developments, complimentary private yacht club membership for buyers at Continuum Club & Residences and La Baia North. This exclusive benefit activates immediately upon contract signing. This unique perk grants residents exclusive access to a professionally managed fleet of world-class yachts, premium concierge services, and curated excursions, an unprecedented offering in Miami’s luxury real estate scene.

“We believe luxury living extends far beyond the walls of a residence—it’s about experiencing the very best of Miami,” said Bruce Eichner, Founder and Chairman of Continuum Company. “By including private yacht membership in condominium ownership, we allow our residents to truly enjoy waterfront living without the hassle of ownership. You can step out of your residence onto a yacht for a VIP experience and soak up the sun or sunset on the bay, the ocean and beyond.”

"Yacht Club membership allows our residents to immerse themselves in the best of Miami’s waterfront lifestyle, whether for outings with family and friends, entertaining guests, or business networking," said Allie Eichner, President of Continuum Florida. "This initiative speaks to the Continuum as a lifestyle brand that represents luxury and first-class service that extends far beyond our residences.”

With yachts ranging from 58’ to 68’, residents will enjoy an experienced crew and a steward and membership benefits including booking through a VIP concierge or members' app and access to exclusive events, sunset outings, chef tastings, and more. Standard residences’ owners will receive three half-day yacht excursions, while penthouse buyers enjoy six half-day excursions. Each curated experience includes Champagne, premium spirits, gourmet appetizers, water toys, towel services, and concierge support.

With Miami’s luxury real estate landscape continuously evolving, Continuum Company remains at the forefront of innovation, offering exclusive lifestyle-driven perks that resonate with today’s buyers and set the company apart in the market.

Continuum Club & Residences recently broke ground in North Bay Village, with 50% of units sold and completion expected in early 2028. The tower will feature 198 residences ranging from one-to-four-bedroom homes and penthouses start just under $1,000,000. La Baia North, a 57-unit luxury condominium in Bay Harbor Islands, broke ground in October of last year and is 75% sold ahead of its 2027 completion. Residences at La Baia North range from two- to four-bedroom units starting at $1.4 million

Renderings and photos via Continuum Company

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

Check Out This Waterfront Estate In Jupiter Once Owned By Bill Gates Asking $23.5 Million

Nestled along 200-feet of pristine Intracoastal waterfront, an extraordinary 9,458-square-foot estate in Jupiter, FL that was once owned by an LLC tied back to Bill Gates (per public record), has hit the market for $23.5 million. With no neighbors on three sides, the property offers unmatched seclusion and serenity, paired with direct water access, a private dock featuring a 30,000-pound boat lift, and an additional slip equipped with solar-powered lighting.

The open-concept floor plan flows effortlessly between soaring ceilings, marble floors, and richly detailed crown molding. An indoor heated pool and spa, surrounded by a spacious patio and fully equipped outdoor kitchen, provide year-round enjoyment. The state-of-the-art chef’s kitchen is outfitted with SubZero and Wolf appliances, dual dishwashers, and a Thermador double wall oven—every element thoughtfully selected for culinary excellence. A whole-home speaker system and Lutron lighting ensure effortless ambiance throughout.

The expansive primary suite is a true retreat, showcasing separate spa-like bathrooms, custom closets, and a private bar complete with a new Uline ice machine and under-sink refrigerator. Other details include a home office, eight car garage, eight air conditioners, generator hookup, and EV charging station to the central vacuum, mosquito control system, and lush, platinum paspalum landscaping.

100 N Harbor Way, Jupiter Island is listed for $23.5 million by Susan Hemmes with ONE Sotheby’s International Realty.

Images via Steven Martine Photography, Inc / ONE Sotheby’s International Realty.

Construction Back Underway at Tula Residences at 7918 West Drive on North Bay Village

Construction is now fully back underway at Tula, formerly 7918 West Drive, under an experienced new development team and with upgraded plans in place. The soaring 21-story waterfront residential building is on track to be the first newly completed condominium building in North Bay Village in over a decade. The building is expected to be completed with closings commencing in 2026, putting Tula at the forefront of the development boom currently underway in North Bay Village.

Tula is now being developed by Coconut Grove-based real estate development and private equity firm Bayshore Grove Capital, led by 40-year real estate industry veteran Vivian Dimond. Bayshore Grove Capital’s portfolio of luxury residential, hospitality, commercial and retail properties stretch from Miami throughout the state of Florida, and the firm currently has 1,500 residential units in its development pipeline. Tula is a joint venture of Bayshore Grove Capital and Pacific & Orient Properties.

Tula will feature 54 residences, none smaller than two bedrooms, and each with substantial private outdoor space and dramatic water views. 6 iconic penthouses, with sprawling layouts and multiple private outdoor entertaining areas, will be unprecedented for North Bay Village.

Two-bedroom units start at $1.995 million, three bedrooms start at $2.995 million and the five-bedroom penthouses start at $5.995 million. Sales at Tula will launch this spring and be led by a Brown Harris Stevens team including Ellis Bachman (formerly of Douglas Elliman’s EklundGomes Team), Pedro Cuberos and Madison Napoles.

Perfectly situated in Biscayne Bay at the midpoint between Miami and Miami Beach, the tiny three-island city of North Bay Village covers 525 scenic acres and commands stunning views of the city, bay and ocean. As South Florida has undergone major transformation and growth recently, North Bay Village stands to benefit, with hotels, retail, office space and new luxury condominiums all under construction and in development. Tula’s head start will make it the first new residential tower to be completed and an investment that will grow with North Bay Village.

The sculptural form and elevated architecture of Tula is designed by Miami-based practice M77R (‘matter’), known for its award-winning modern design projects including luxury single-family homes in Miami Beach and Golden Beach, as well as work in Los Angeles and Austin.

Inside, the residences will highlight natural and organic materials and be a study in the confluence of quiet comfort and refined living. Interiors are by SFD, the boutique design practice founded by former Rockwell Group and Elkus Manfredi designer Shannon Farrell, whose work has appeared in the New York Times, Metropolis, Surface, and Dwell.

Bayshore Grove Capital is the sole managing partner of the LLC that owns the property at 7918 West Drive. Pacific & Orient is a joint venture partner in the development and is not involved in the construction, development nor sales.

Renderings via Bloom Images

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

Lionel Messi Goes Under Contract On Multiple Condominiums at Cipriani Residences Miami

Soccer superstar Lionel Messi has gone into contract on multiple condominiums at Cipriani Residences Miami, the renowned hospitality brand's first-ever ground-up residential tower in the US, according to news that broke this afternoon. Sources say the purchase includes a home that's a part of The Canaletto Collection, a limited assemblage of six penthouses and 68 ultra-luxury homes on the top 18 floors of the building. The collection offers the utmost privacy, 360-degree Miami skyline and Biscayne Bay views, and exclusive offerings such as priority access to the tower's private Cipriani speakeasy. Similar homes currently available in The Canaletto Collection start at $7.5 million.

Rising 80 stories above the city in the heart of Brickell at 1420 South Miami Avenue, Cipriani Residences Miami, developed by Mast Capital, features 397 one- to four-bedroom residences starting at $1.7 million. The tower's interiors were curated by 1508 London with architecture by Arquitectonica. The premium amenity collection includes resident-only Cipriani dining services such as catering and a private restaurant and speakeasy, a resort-style deck with two pools, and a spa with sauna and treatment rooms. The tower set an at-the-time record for the largest foundation mat pour in Brickell last year, following an impressive $600 million construction loan from Mexico's Banco Inbursa and Ascendant Capital Partners.

PROFILEmiami had an exclusive construction tour of Cipriani Residences Miami which can be found covered via Instagram Reels.

Renderings via The Boundary

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

Transformative $3 Billion, 63-Acre 'Little River District' Led by SG Holdings Approved Paving Way For Miami's Largest Affordable Housing Development

The Miami-Dade County Commission has granted final approval for SG Holdings’ Little River District, a transformative $3 billion, mixed-use development that will redefine the urban landscape of Miami’s underserved Little River and Little Haiti neighborhoods. Spanning 63 acres, the large-scale project aims to build more than 5,700 affordable and workforce housing units, alongside major big-box retail stores, small businesses, major grocery operator, green public space, and transit infrastructure with the addition of a new train station, marking a historic investment in Miami’s future.

Led by SG Holdings, a joint venture comprised of Swerdlow Group, SJM Partners, and Alben Duffie, the partnership stands at the forefront of affordable housing development, following its successful delivery of the 1.5 million-square-foot, mixed-use development Sawyer’s Walk featuring 578 affordable senior housing units in Miami’s historic Overtown neighborhood.

The Little River District project is considered the largest affordable housing development in Miami-Dade County’s history. It will feature 2,284 affordable housing units at an average 60% Area Median Income (AMI), 1,398 workforce rental units at up to 120% AMI, in addition to 2,048 potential workforce condo units, which would allow the buyers to obtain significant subsidies to meet the purchase price at up to 140% AMI, ensuring long-term housing stability for thousands of Miami-Dade residents. Current residents of existing public housing complexes situated within the development site are guaranteed the right to return to new units at Little River District with no increases in rent.

This transit-oriented project is made possible through immense private and public sector collaboration led by the development group SG Holdings along with public sector partners: Miami-Dade County’s Department of Housing and Community Development (HCD), U.S. Department of Housing and Urban Development (HUD), the City of Miami, and key local officials such as Miami-Dade Mayor Daniella Levine Cava, County Commissioner Keon Hardemon, and City of Miami Commission Chairwoman Christine King.

“This approval is a major milestone in addressing Miami’s critical need for affordable and workforce housing,” said Michael Swerdlow, Founder and CEO of Swerdlow Group. “At a time when population growth is fueling demand for housing and everyday services, the Little River District will deliver a community that prioritizes affordable and quality housing, accessibility to public transit, and economic opportunity for local residents and business owners with the goal of generating prosperity for the highly deserving communities of Little Haiti and Little River.”

Given that portions of the 63-acre site are owned by the County, the public-private partnership paves the way for this comprehensive housing-led development plan that includes leveraging federal tax credits to support affordable housing and collaborating with Miami-Dade under a Community Benefits Agreement (CBA) to drive local hiring and community investment. The Little River District project is set to create hundreds of jobs during construction and after, stimulating the local economy and supporting businesses within the area. With a half century track record of responsible development, SG Holdings remains committed to working with construction partners who uphold labor standards and prioritize job site safety during the course of this multi-year project.

Designed by renowned architecture firm Arquitectonica, the mixed-use and mixed-income housing development will also introduce more than 370,000 square feet of retail space, including commitments already secured from major retailers such as Home Depot and BJs. In addition, the project will feature a major supermarket, gas station, food and beverage options, and other essential retail services for the neighborhood. About 250,000 square feet of publicly accessible green space will span the project, fostering a walkable and sustainable urban pedestrian-friendly environment with improved pedestrian walkways, enhanced landscaping and beautification, bike paths and shuttle service for residents.

The Little River District will also prioritize transit accessibility with a planned new Tri-Rail train station, representing a significant $35 million investment being made by SG Holdings in Miami’s public transportation network. This development will reduce congestion, improve accessibility, and foster better connectivity within the project site and the broader urban core.

The residential communities planned within the affordable and workforce housing component will feature amenities including swimming pool, computer lab with printer access, fitness center, outdoor recreation space for children, bike parking, green outdoor space with pavilions and walking and bike paths, free Wi-Fi in common areas, onsite-property management, gated parking lot with restricted access, generators for the community spaces, and security cameras with car plate readers. In addition, the high-quality residences will include in-unit washers and dryers, granite countertops, dishwashers, refrigerators with ice makers, central air and smart fan systems, electric water heaters, tile floorings, and complimentary high-speed internet for three years.

Additionally, the major redevelopment is going to generate significant job creation locally. Approximately 3,840 jobs will be generated during the project’s construction and another 518 permanent positions once delivered. The impactful project will prioritize local hiring preferences for both the construction and permanent jobs, including low-income and public housing area residents. Also, the County will reap approximately $9.5 billion through this project – the largest revenue sharing pact of this kind in the County’s history. The County could use these revenues to support its efforts to address the affordable housing crisis in Miami-Dade and invest in community development, inclusive of supporting small businesses.

Construction is expected to begin in 2026, with a projected development timeline of eight years. Once completed, the Little River District will stand as a model for large-scale, community-driven redevelopment centered on creating affordable and workforce housing, exemplifying how public-private collaboration can drive meaningful, long-lasting transformation in an urban setting.

Proper Hospitality, Rosso Development and Midtown Development Launch Midtown Park Residences By Proper

Proper Hospitality, Rosso Development and Midtown Development announce the launch of Midtown Park Residences by Proper, a transformative luxury residential tower set within a $2 billion mixed-use development, poised to reimagine nearly 5 acres in the heart of Midtown Miami. Anchored by lush open areas including two public parks and pedestrian paseos connecting Midtown to the Design District and Wynwood, the project will deliver over 120,000 square feet of prime retail with gourmet restaurants and cafes, designer shops, office buildings, a public 8-court racquet & padel club, and more.

“There is a new Midtown being born in Midtown, one built around thoughtfully designed public and pedestrian green spaces that seamlessly connect the fabric of the area,” said Carlos Rosso, Founder and CEO of Rosso Development. “This landmark project represents a defining ‘before and after’ for the neighborhood.”

The first 28-story tower to be launched, Midtown Park Residences by Proper, will offer a collection of 288 stylish residences that seamlessly blend luxury living, world-class hospitality, and dynamic public spaces – all infused with Proper's signature sophistication and personalized touchpoints. Midtown Park Residences by Proper is the company’s second residential project, building on the success of Austin Proper Residences, which sold out at record prices, solidifying the company’s reputation for cultivating exceptional, design-driven living.

“Our vision for Midtown Park Residences by Proper is to create a sense of place and shape a residential experience that deeply values culture, community and connectivity,” added Rosso. “Proper Hospitality’s unmistakable ethos brings a new dimension to luxury living in Miami, one where every detail is selected with purpose, and open space is paramount.”

“With Midtown Park Residences, we’re not just introducing a new living experience – we’re defining a new chapter of Proper. ‘By Proper’ captures the essence of our brand while celebrating the artistry of world-class designers who shape each destination,” said Brian De Lowe, Co-Founder and President of Proper Hospitality. “As we prepare to unveil the iconic Shelborne by Proper, Midtown Park Residences further exemplifies this ethos – where inspired design, thoughtful hospitality, and a deep sense of place come together to create something truly special for Miami.”

Located at 2901 NE 1st Avenue, Midtown Park Residences by Proper is nestled at the crux of Miami’s most energetic neighborhoods, with seamless walkability to the Design District and Wynwood. The property is being brought to life by an extraordinary ensemble of the world’s leading architects and designers – including Arquitectonica, Meyer Davis Studio, and Naturalficial. Owners gain access to over 40,000 square feet of private amenity spaces, an expansive pool deck, and exclusive owner events across the Proper Hospitality’s portfolio.

Offering a diverse selection of residences, layouts include studios, one-bedroom, one-bedroom plus den, two-bedroom, and three-bedroom configurations ranging in size from 510 to 1,730 square feet, and a private collection of penthouses averaging 3,150 square feet. Timeless and functional interiors by Meyer Davis Studio pay homage to the distinctive aesthetic established by Proper Hotels, showcasing visually rich interiors with effortless sophistication and one-of-a-kind touches. Residences feature expansive open floor plans with ceilings soaring above 10 feet, expansive wrap-around terraces with seamless glass railings, and energy-efficient, floor-to-ceiling windows and sliding doors. The fully finished units are outfitted with imported wood porcelain flooring and designer kitchens featuring Italian cabinetry, quartz countertops, brass pull details, and top-of-the-line Sub-Zero and Wolf appliances. Master bathrooms are an indulgent retreat, with glass-enclosed double showers, Hansgrohe brass fixtures, and signature Jade ceramic walls. The three-bedroom and penthouse residences incorporate wet rooms with double showers and freestanding bathtubs. Penthouses feature 20-foot double-height corner living rooms in four- and five-bedroom layouts with private rooftop terraces, gardens, and private pools. Prices range from low $700,000’s to $2.7 million, plus penthouses, with expected completion in 2028.

“We envisioned a dynamic connection between the city and home that creates a unique living experience,” said Will Meyer, Principal of Meyer Davis Studio. “Public and private spaces coexist in harmony, enriching both the city and the lives of its residents."

Midtown Park Residences by Proper delivers a bold reinvention of urban living, with a tailored selection of amenities, social spaces and lifestyle experiences. Residents will be welcomed by a dramatic 16-foot-high lobby gallery that artfully bridges with the vibrant energy of Midtown’s streetscape, displaying a collection of museum-quality art, carefully curated to encourage engagement. A 40,000 square foot tropical pool deck on the seventh floor is the ultimate spot for relaxation, with a signature restaurant and bar overlooking panoramic skyline and water views. Wellness offerings include a state-of-the-art fitness center, dedicated Pilates studio, tranquil yoga and meditation garden, private pickleball court, and a spa pool. His-and-hers changing rooms with steam rooms, saunas, and private massage treatment rooms elevate every moment of rest and rejuvenation. Owners will also enjoy curated social areas including a residential center with a gourmet coffee bar, an events lounge, a private party room with a professional chef’s pantry, a kids club, and a communal vegetable garden designed by Naturalficial. A virtual golf simulator that doubles as a projection room is available for private screenings, and a business center offers co-working spaces and a conference room.

The lifestyle experience at Midtown Park Residences by Proper transcends physical spaces with a comprehensive suite of Residential Services catering to residents’ every need, including a Culture Concierge offering insider access to Miami's vibrant cultural scene and exclusive events, a dynamic calendar of social gatherings, holistic wellness activities, on-demand in-residence services like grocery delivery, housekeeping, laundry service and comprehensive while-you're-away services such as pet care and home maintenance. Residents also gain preferred access to exclusive events at the iconic Shelborne Hotel by Proper on Miami Beach’s Millionaire’s Row, set to reopen this spring following a meticulous restoration, as well as other Proper hotels across the US.

Fortune Development Sales is the exclusive sales and marketing agency for Midtown Park Residences by Proper.

For more information about Midtown Park Residences by Proper or to inquire about purchasing a unit please fill out the form below:

Meet Our Panelists For The PROFILEmiami State of the Market 2025 Coming Up April 10

On April 10, 2025 PROFILEmiami is set to host our third annual ‘State of the Market’ event exploring Commercial and Residential real estate markets in Miami at the luxurious Modern Stones Showroom in Doral featuring a distinguished group of panelists who are some of the most active developers in South Florida developers including Henry Bott (Swire Properties), Russell Galbut (GFO Investments), Isaac Toledano (BH Group), Carlos Rosso (Rosso Development) and risk insurance expert Lisa Holt (Ivy Risk Strategies).

The PROFILEconnect: State of the Market 2025 is set to be one of our largest events yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series with over 300+ anticipated industry attendees. The event will take place next Thursday, April 10 at 5 PM at Modern Stones.

Leading Swire Properties in Miami, Henry Bott has overseen the transformation of Brickell with the development of Brickell City Centre and now will transform the skyline and Brickell Key with the launch of Mandarin Oriental Residences, Miami.

Russell Galbut of GFO Investments recently completed two projects overlooking both sides of Biscayne Bay, delivering the tallest tower in Miami Beach, Five Park and The Gale Hotel & Residences, Miami in Downtown Miami. He is now developing 14 Roc in Downtown Miami’s Arts & Entertainment District.

Isaac Toledano’s BH Group has been very active in South Florida, recently breaking ground on Six Fisher Island and launching Viceroy Residences Aventura in partnership with Related Group. BH Group has also teamed up with Lennar to develop Greenview at Presidential also nearby Aventura.

Carlos Rosso leads Rosso Development and is nearing completion of The Standard Residences, Midtown Miami. Rosso development also recently launched sales of Midtown Park Residences by Proper as part of a $2 billion mixed-use development in Midtown Miami.

Ivy Risk Strategies Lisa Holt has over $150 million in placed premiums and has insured over $1 billion in property value and $2.8 billion in Property and Liability coverage for high-valued construction projects. Notable work include the Margarittaville Hotel & Cottages Orlando, InterMiami Stadium & Training Facility Fort Lauderdale, Tower 155 in Boca Raton and Ivory 214 in Aventura’s Medical District.

Meet Our Panelists:

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Reserve Your Spot Today!

The PROFILEconnect: State of the Market 2025 is set to be one of our largest events yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series with over 300+ anticipated industry attendees. The event will feature an in-depth panel exploring both commercial and residential markets real estate across South Florida, matched with a trendy evening soirée of bespoke networking, cocktails and a real estate showcase featuring The Mandarin Oriental Residences Miami, Modern Stones, Resurface Wraps, CPS Outdoors, Jacob Construction, Condesa Kitchens, Blackline and La Cuisine Appliances. The relaxed and open PROFILEconnect setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, continuing post-panel with cocktails by E11EVEN Vodka and sounds by local Miami-based DJ San_Dee.

The event will feature two distinct rooms, a Panel Room offering an engaging panel discussion about the state of the commercial and residential real estate market in a quiet setting and an upbeat Showcase Room featuring PROFILEmiami’s signature Bespoke Networking & Cocktails matched with a real estate showcase featuring South Florida’s top development projects, real estate + design companies and vendors.

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 have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders. Past speakers and attendees have included Allen Morris, Gil Dezer, Edgardo Defortuna, Jay Phillip Parker, Daniel de la Vega, Robert Rivani, Michael Simkins and Ronny Finvarb, amongst others.

Who Should Attend: Developers, Investors, Brokers, Financiers, Architects, Interior Designers, Design Vendors, Construction & GC’s, Lawyers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.

Date & Time: Thursday April 10, 2025 | 5 PM - 9 PM

Where: Modern Stones, 7370 NW 43rd St. Miami, FL 33136

Tickets: $150 All Access - Early Bird Sold Out

Schedule:

• 5 PM - 6:30 PM: Cocktails & Networking w/ sound by San_Dee

• 6:30 PM - 7:15 PM: Commercial State of the Market Panel

• 7:15 PM - 8 PM: Residential State of the Market Panel

• 8 PM - 9 PM: Cocktails & Networking w/ sounds by San_Dee

Music / DJ: San_Dee

Food & Drinks By: E11EVEN Vodka

Thank You To Our Sponsors:

PMG, Lion Development Group and Marc Roberts Companies Secure $215 Million Construction Loan For 38 West Eleventh Residences Miami

National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood. Rising at 38 Northwest 11th Street and currently 99% sold, this property will offer fully furnished luxury residences along with short-term rental flexibility and an opportunity for owners to enjoy the ability to host guests 365 days a year on Airbnb*. Financing was provided by GoldenTree Asset Management. PMG Residential exclusively represents sales for 38 West Eleventh Residences Miami. John Moriarity & Associates is the general contractor behind the project, which is slated for completion in Q1 2028.

Josh Winefsky, Adrian Diaz, and Celeste Williams at Kramer Levin Naftalis & Frankel LLP served as the lead transactional counsel. Randy Barcelo at Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A. served as local counsel. Javier Avino and Andres Rivero at Bilzin Sumberg Baena Price & Axelrod LLP served as land use counsel, and Evan Wagowski at Greenberg, Trager & Herbst, LLP served as construction counsel.

"The Park West neighborhood is growing in prominence, and we are thrilled to have GoldenTree's support in bringing 38 West Eleventh Residences to the forefront," said Ryan Shear, Managing Partner at PMG. "With its dynamic energy and robust sales momentum, this project is well-positioned to make a positive impact on Miami’s real estate market. Together with our partners and our stellar capital markets and legal teams comprised of Lowell Plotkin, Scott Buscemi, Jon Blank, Andrew Warman, and Paton Marion, we are eager to deliver a vibrant and flexible living experience that embodies the spirit of this remarkable development for future residents and guests alike."

Designed by internationally renowned architecture firm Sieger Suarez Architects, with residential interiors by Cotofana Designs, 38 West Eleventh Residences Miami will offer the best of both city living and access to nearby beaches. Each of its fully-finished and fully-furnished studio and one-bedroom units will feature top-of-the-line appliances, sweeping views of the Miami skyline, Biscayne Bay, and the Atlantic Ocean, as well as PMG smart home technology, delivering seamless personalization with the touch of a button for integrated audio, video and lighting systems.

“Miami’s ongoing transformation into a truly unparalleled culinary, entertainment, and residential destination makes it the perfect location for a development such as 38 West Eleventh Residences,” said Michael Simkins, President and CEO of Lion Development Group. “Not only does this project embody Park West’s spirit, but it deftly complements its lively live, work, play atmosphere to create a wholly dynamic living experience. We are excited to join PMG and Marc Roberts Companies in watching its world-class lifestyle take effect.”

Unique to 38 West Eleventh Residences Miami is its distinctive 30,000 square foot, tri-level experiential entertainment venue, which will bring an impressive array of experiences right at residents’ doorstep and seamlessly integrate with the entertainment district’s vibrant atmosphere. Additionally, each owner at 38 West Eleventh Residences Miami will have the opportunity to host on Airbnb year-round, marking the first time this feature is offered at a residential condominium in Miami.

“38 West Eleventh Residences presents a one-of-a-kind opportunity to live in the heart of one of Miami’s most up-and-coming and entertainment-filled neighborhoods,” said Marc Roberts of Marc Roberts Companies. “Alongside our partners, PMG and Lion Development Group, we are proud to receive the trust from the Capital Markets to deliver a transformational project of its caliber. We look forward to witnessing the lasting impact 38 West Eleventh Residences Miami has on Miami and its residential market for years to come.”

Over 20,000 square feet of amenities are available at 38 West Eleventh Residences Miami, specially curated to extend owner comfort and provide a luxurious lifestyle. Whether it’s relaxing by the expansive pool overlooking the Miami skyline, savoring culinary delights at the signature supper club restaurant on the main floor, or unwinding in private lounge areas, there is something for everyone. The state-of-the-art fitness centers, wellness features, and co-working space additionally ensure that residents will have access to every comfort and convenience right from home.

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

Renderings via ARX Creative

*Hosting is subject to local laws and other restrictions.

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