BI Group USA Names ONE Sotheby's International Realty as Exclusive Sales Brokerage For Parkside Development in Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, has announced that ONE Sotheby’s International Realty has been named the exclusive sales and marketing broker for its flagship Parkside development in Miami’s Brickell Financial District.

“We are delighted to partner exclusively with ONE Sotheby’s International Realty to showcase the exceptional lifestyle and investment opportunities at Parkside,” said Olzhas Ayazbayev, CEO of BI Group USA. “Miami, and Brickell in particular, represents a dynamic market for us, and we are confident that ONE Sotheby’s International Realty’s expertise will ensure that Parkside reaches its full potential for buyers seeking both investment and lifestyle opportunities.”

“We are honored to represent a project that is uniquely positioned to meet the lifestyle needs of today’s buyers and investors seeking flexibility, design and convenience in one of Miami’s most in-demand neighborhoods,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “BI Group has an outstanding reputation globally, and we look forward to bringing their vision to life in Miami.”

Located at 1741 SW 2nd Avenue, Parkside is an eight-story, 187-unit condo-hotel in the heart of the Brickell financial district. Designed by internationally acclaimed architect Kobi Karp, the building features rental-friendly units with flexible leasing options, catering to both short-term and long-term residents.

Parkside offers a range of flexible, rental-ready layouts including studios from 381–672 sq. ft., one-bedroom residences from 615–924 sq. ft. and two-bedroom residences from 700–1,208 sq. ft. Remaining units start at the low $400,000s.

The development offers a full suite of wellness and lifestyle amenities including a rooftop pool, gym, yoga and cycling rooms, hot and cold plunge facilities, and dedicated coworking spaces designed for productivity and modern urban living. Additionally, professional property management oversees operations and rental services, offering flexibility and ease of mind when renting it out.

As BI Group continues its expansion into the U.S. market, the company strategically selected Brickell for its unique combination of global appeal, strong investor demand and walkable urban lifestyle. As Miami’s financial and cultural hub, Brickell offers immediate access to top dining, retail and business centers, making it an ideal setting for a rental-friendly, design-driven project like Parkside.

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

Michelin-Recognized Chef Yasu Tanaka and Spicy Hospitality Group Bring 8-Seat Omakase Experience, YASU Omakase, To Miami Design District

Following the success of Sushi Yasu Tanaka, Michelin-recognized Chef Yasu Tanaka has unveiled an intimate new concept: YASU Omakase, an 8-seat omakase counter in Miami Design District brought to life by Spicy Hospitality Group and designed as a deeply personal reflection of Tanaka’s Yamanashi roots and the rituals that define Japan’s most revered sushiyas.

“Chef Tanaka has made a lasting impact on Miami’s dining scene, and with YASU Omakase, we’re bringing his most personal and refined vision to life. The concept reflects a shared respect for craft and precision—qualities that define both his work and our philosophy. In my travels through Japan, the architecture and intimacy of its traditional sushiyas inspired me to create an omakase that feels truly authentic while remaining true to Miami. Together, we’ve created an experience that celebrates the artistry of omakase at its highest level.” - Andre Sakhai, Partner at Spicy Hospitality Group

Seating only eight guests per service, YASU Omakase represents the pinnacle of Chef Tanaka’s craft: a deeply personal encounter between chef and diner where every detail is intentional and every bite tells a story. Guests are seated at an extraordinary 600-year-old hinoki counter, carved from timber traditionally reserved for Japanese temples and shrines. The experience begins with three to five otsumami (small plates), before transitioning into a curated progression of nigiri, miso soup, a signature hand roll, and a seasonal dessert. Each course reflects Chef Tanaka’s ability to reimagine tradition through a modern Miami lens, blending Japanese precision with coastal vibrancy.

“Miami has embraced my craft and my vision. With YASU Omakase, I want to create something more personal, a place where guests can slow down and experience sushi in a way that feels intimate and true to its tradition.” - Chef Yasu Tanaka

The project is led in collaboration with Chef Raymond Li, a longtime friend and creative partner whose experience at globally celebrated restaurants helps shape their shared vision. His influence introduces a subtle South Florida expression to the menu, adding a sense of place that complements YASU Omakase’s traditional foundation. Together, the chefs aim to create something original—not a replica of any existing model, but a space that honors tradition while pushing boundaries with creativity and purpose.

YASU Omakase offers a single 14–16-course omakase menu, evolving frequently based on seasonality, sourcing, and chef inspiration. Highlights include:

• Three to five otsumami showcasing hot and cold preparations

• A progression of premium nigiri, featuring both Toyosu arrivals and Florida coastal varieties

• House-seasoned soy sauces, crafted to complement individual fish profiles

• Niigata rice, adjusted seasonally for optimal temperature and texture

• A signature temaki hand roll

• Seasonal dessert

The seafood program is sourced through exclusive channels, with the majority of fish arriving directly from Toyosu Market in Tokyo, supplemented by exceptional local species. Vegetables, eggs, and fruit are selected from regional farms.

The beverage program centers on a personally curated sake collection, including rare producers and limited bottles. Guests may select à la carte pours or a pairing designed to mirror the arc of the omakase. A concise wine list, developed with expert consultation, includes selections chosen to complement the precision and subtlety of the menu.

A private room anchored by a second hinoki counter will debut soon for intimate celebrations and special occasions.

YASU Omakase’s design blends traditional Japanese craftsmanship with Nordic minimalism, creating a space that feels serene, noble, and quietly powerful. Nearly every element was handcrafted by Japanese artisans, including intricate kumiko woodworking executed with museum-level precision.

The 600-year-old hinoki counter serves as the centerpiece, its natural grain and scent left untreated and polished daily with rice bran—a centuries-old technique that preserves the wood’s warmth and vitality. A matching hinoki cutting board continues this material purity, allowing guests to experience the tactile qualities that define Japan’s most revered sushiyas.

Seating is provided by PP Møbler chairs, handcrafted by master Scandinavian furniture makers to ensure comfort throughout the two-hour experience. The restaurant also features custom tableware and sake vessels, designed in collaboration with ceramic artists in Chef Tanaka’s hometown of Yamanashi, reflect textures, forms, and weight that best complement his approach to sushi.

Chef Yasu has become one of Miami’s most influential sushi masters, known for his thoughtful technique and devotion to Japanese culinary artistry. With multiple thriving concepts and a growing reputation for innovation, he and Spicy Hospitality Group continue to shape the city’s dining landscape with YASU Omakase.

YASU Omakase is located at 151 NE 41st Street, #137 Miami, Florida 33137

Images via Spicy Hospitality Group

Bayview PACE Provides $200 Million in C-PACE Financing for Florida’s Second-Tallest High-Rise, Okan Tower in Miami, Among the Largest Loans in the Country

Bayview PACE, a division of Bayview Commercial Mortgage Finance, has closed on $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use high-rise being developed by Okan Group and designed by Behar Font & Partners. Having reached its 40th floor, more than halfway toward completion, Okan Tower at 555 N. Miami Ave. in downtown Miami will rise to 903 feet upon completion in 2028, becoming the second-tallest building in Florida.

Bayview PACE’s Commercial Property-Assessed Clean Energy (C-PACE) financing offers favorable and cost-effective terms for qualified improvements in energy, lighting, water systems, building envelope and other resiliency components, and it can be applied to new construction as well as renovations. C-PACE financings to date in the U.S. exceed well over $10 billion, according to the C-PACE Alliance. It has been approved through legislation in 40 states, gaining popularity among real estate owners and the financial institutions looking to serve them.

The C-PACE financing from Coral Gables, FL-based Bayview PACE completes the capital stack of financing for the new luxury skyscraper. The uppermost floors of Okan Tower include 163 luxury condo residences – branded as Sky Residences -- that will offer a new level of design, amenities and expansive views for the South Florida market. Just below the private residences will be 236 condo-hotel units available for sale and managed by Hilton. Below the condo-hotel homes will be a 316-key five-star Hilton hotel. The Okan Tower’s lower levels will offer four floors of office space totaling 56,000 square feet of space.

The Sky Residences’ high-end amenities feature a 24-hour concierge, rooftop pool and outdoor lounge area with private cabanas, wine cellar, owners lounge, a spa including sauna, steam, and massage rooms, and a 429-space on-site parking garage. Sales of the Sky Residences and condo-hotel units are well underway led by Fortune International Group.

“We are pleased to provide this C-PACE financing to help complete Okan Tower’s capital stack and support Okan Group’s objectives,” said Jeff Klar, Vice President of Bayview PACE. “Bayview crafted a creative financing solution that was accretive to the sponsor’s goals and aligned with the project’s construction timeline. This nine-figure C-PACE transaction underscores both Bayview’s structuring expertise and the financial strength of the broader Bayview platform.”

“The closing of Okan Tower’s $200 million C-PACE financing is a defining milestone that validates both the project and the strength of the Miami market. This level of lender commitment—particularly in today’s disciplined capital environment—confirms confidence in the capital stack, the long-term fundamentals, and the vision behind what will be one of Downtown Miami’s most spectacular and architecturally significant luxury towers. For buyers, this reinforces that the time to invest in Downtown Miami is now, while pricing, product, and global demand are aligning at an exceptional moment,” said Michael Sadov, Sales Director at Okan Tower.

Okan Group, a Turkish-based group of companies founded in 1972, is a leading multi-national firm active in healthcare, finance, food, textiles, tourism, energy, education and real estate including the development of dozens of projects around the world. One of the firm’s commercial property entities, Okan Construction, is the general contractor for Okan Tower.

Bayview PACE, a division of Bayview Commercial Mortgage Finance, LLC, provides creative financing solutions that combine C-PACE lending with construction and bridge capital. Unlike most PACE-only providers, Bayview PACE partners with commercial property owners and developers to deliver a full capital stack solution. Their OKAN Tower financing follows two other major Florida deals by Bayview PACE in recent months including $180 million in C-PACE for Domus Brickell Center and $137 million in C-PACE for the Westin Cocoa Beach Resort & Spa.

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Renderings via Okan Tower

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

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.

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.

ACE Padel Launches First Location In United States in Coconut Grove In Partnership With Aventura Asset Management

ACE Padel, the design-driven social sports brand redefining the U.S. padel experience, has announced its first-ever club in Coconut Grove, Miami, set to open in the first half of 2026. The club marks the debut of a national expansion that includes confirmed developments in Denver, Colorado, and Los Angeles, California - signaling ACE’s emergence as a cultural force in the evolution of sport and social connection across the United States.

The ACE x AAM partnership is a strategic joint venture uniting two complementary powerhouses. Aventura Asset Management brings deep expertise in real estate development, financing, and large-scale execution, while ACE leads on concept, design, brand experience, and cultural innovation. Together, they form a new blueprint for how premium sports and lifestyle spaces are created - smart, scalable, and emotionally resonant. AAM’s padel initiative collaborates closely with the ACE team to identify, design, and deliver world-class destinations that reflect ACE’s DNA. This collaboration is not about building courts; it is about creating living, breathing social destinations where architecture, sound, design, and energy combine to form a multi-sensory experience.

Additionally, ACE has expanded its long-standing partnership with Playtomic, the world’s leading padel booking and technology platform. Recently backed by a $70 million growth round, Playtomic connects millions of players across 110 countries. Through this collaboration, ACE will fully integrate Playtomic’s platform into its U.S. club ecosystem - streamlining booking, matchmaking, and member engagement, and creating a seamless experience for members across all ACE destinations.

“Padel is more than a sport - it’s a movement built on energy, connection, and creativity,” says Elliot Carnello, Co-Founder and CEO of ACE Padel. “We’re crafting clubs that go beyond performance - cinematic environments where people meet, exchange ideas, and recharge. My background in pro sports taught me precision and flow; my experience in business taught me vision and structure. Together with AAM, we’re blending that mindset into living environments that feel alive - premium, social, and deeply human.”

“We come from a world where emotion, and experience define everything,” says Peter Carnello, Co-Founder and Chairman of ACE Padel. “At ACE, we’ve built a multidisciplinary team - visionaries from sports, design, hospitality, and media - who share one belief: the future of sports clubs lies in storytelling and human connection. Together with AAM, we’re developing immersive environments that feel cinematic - from the architectural flow to the rhythm of the music, to the vibrancy that fills every corner. This is not just about padel; it’s about building destinations that move people, spark creativity, and unite communities across cultures.”

Miami will set the tone for ACE’s expansion, combining design, sport, and community. Located in Coconut Grove, the club will feature five outdoor courts - four of which will be covered by a 32-foot canopy for optimal play - developed in partnership with Mejor Set, the global leader in premium padel court construction. Mejor Set courts are designed and built to meet the highest standards of quality, innovation, and safety, with installations in over 70 countries and recognition as the official court provider of the Premier Padel Tour. These will be the first fully hurricane-proof and permitted padel courts in the city of Miami.

Following Miami, ACE will expand westward to Denver, where its new club in the city’s RiNo District will embody performance and community. The site will include eight courts - five indoor and three outdoor - featuring 30-foot ceilings ideal for padel’s dynamic play, alongside full locker rooms, a recovery zone, and an elevated viewing deck designed to foster engagement during matches. Located in Denver’s cultural and creative hub, the club reflects ACE’s vision of sport as both a lifestyle and a connector of people and ideas.

In Los Angeles, ACE’s presence carries extra resonance. The brand first made its mark with the LA Padel Invitational, a high-profile Pro-Am tournament launched in 2023 that unites professional athletes, celebrities, and tastemakers. The Invitational has run annually since and will return to Beverly Hills in April–May 2026. Building on that foundation, ACE’s Los Angeles club will be strategically located between Beverly Hills and Santa Monica, featuring six outdoor courts, premium locker rooms, and curated lifestyle spaces.

"With Miami positioned as our premier entry into the padel world, we acquired land in a part of the city where courts and clubs do not exist,” says Tyler Fan, Managing Partner of Aventura Asset Management. “Our development experience has helped us navigate complex zoning and permitting challenges to deliver a world-class club that will be an integral part of the neighborhood for years to come.”

Rooted in a global mindset, ACE Padel blends Swedish safety (reliability, structure, quality), Spanish warmth (passion, hospitality, joy of life), and American momentum (innovation, boldness, speed). This unique DNA shapes every aspect of the brand - from design and operations to the member experience - creating spaces that feel safe, inspiring, and full of life.

Together, ACE and AAM are not just building clubs; they’re building a movement - a new model for how sport, culture, and human connection can come together. Each destination reflects ACE’s commitment to creating environments that inspire play, spark collaboration, and foster belonging.

Rilea Group Secures $150 Million in Construction Financing for Mohawk at Wynwood in Miami

Miami-based real estate developer Rilea Group has closed on a $150 million construction financing package for Mohawk at Wynwood, a 300-unit multifamily community now under construction in the heart of Miami’s Wynwood Arts District.

The financing package includes $124.2 million in C-PACE capital from Nuveen Green Capital (NGC), a national leader in sustainable commercial real estate financing solutions, marking the largest C-PACE-financed multifamily transaction in the state of Florida to date, and a $25 million senior loan from Spain-based ABANCA USA, which serves as the senior secured lender for the transaction. The financing was arranged by Javier Herrera of Franklin Street.

“Mohawk at Wynwood represents the next frontier of Miami living – a project that fuses punk rock, high fashion, and renegade culture into an all-brick, steel, and glass building that feels both timeless and unapologetically new,” said Diego Ojeda, President of Rilea Group. “From the widest sidewalks in Wynwood—designed for outdoor dining and pedestrian life—to rooftop pools, lounges, padel courts, and 30,000 square feet of dynamic retail, Mohawk is more than a building, it’s a movement.

Bringing together a national powerhouse like Nuveen Green Capital with a relationship-driven institution like ABANCA is something we’re incredibly proud of,” Ojeda added. “ABANCA had the vision and conviction to finance our last multifamily project when many lenders stepped to the sidelines during the depths of COVID, and they continue to lead by example as one of the pioneers embracing C-PACE financing today. We’re equally grateful to Nuveen for placing their confidence in us with their largest multifamily loan in Florida, it speaks volumes about the strength of this project, this corridor, and our long-term partnership.

Slated for completion in 2028, Mohawk at Wynwood will offer expansive studios, one-, two-, and three-bedroom residences, including lanai units with private backyards. The building’s architecture features Chicago brick, industrial steel detailing, and floor-to-ceiling glass, echoing Wynwood’s artistic and warehouse-inspired aesthetic.

The project sits on NW 29th Street, now one of Miami’s fastest-growing corridors, with record-breaking rent growth and retail pricing that have made it one of the most valuable streets in the city.

Mohawk at Wynwood reflects Rilea Group’s position at the center of Miami’s most competitive development corridor. NW 29th Street has rapidly become one of the most sought-after streets in the city, attracting many of Miami’s heavyweight developers — including Related Group, Crescent Heights, AMLI (backed by Morgan Stanley), Kushner Companies, Terra Group, Oak Row Equities & L&L Holding, Carlos Rosso Development, PMG and OKO Group — who view the corridor as a long-term growth engine. Rilea Group is uniquely positioned with two projects at the heart of this corridor, reinforcing its emergence as a premier destination for residential, retail, and mixed-use development in Miami.

"We're proud to partner with Rilea Group and ABANCA on Mohawk at Wynwood, a project that redefines sustainable urban living," said Ryan Doyle, Senior Director of Originations at Nuveen Green Capital. "This is the largest C-PACE financing for a multifamily project in Florida, underscoring NGC's confidence in Miami's resilience and growth, as well as C-PACE's efficacy in financing large-scale development. Mohawk's design, efficiency, and community focus embody exactly the kind of forward-thinking development that will define the next decade of multifamily housing."

Rilea Group has launched the sale of Mohawk’s ground-floor retail spaces following the record-breaking success of retail sales at its adjacent condominium project, The Rider Residences. At The Rider Residences, Ciprés and Rilea Group achieved retail sales of up to $1,700 per square foot, and Mohawk at Wynwood has since surpassed that benchmark, setting a new national pre-construction record with retail sales reaching $1,850 per square foot. At Mohawk, approximately 33% of the retail component has already been sold to date, reflecting continued demand along the NW 29th Street corridor. The retail spaces are being co-listed by Cervera Real Estate and Comras Company and are available for purchase in cryptocurrency. The residential component of Mohawk will remain a purpose-built multifamily rental community.

Mohawk continues Rilea’s creative partnership with Deforma Studio and RADYCA, the visionary design teams behind The Rider Residences. Together, they are redefining the language of urban living in Wynwood — merging industrial authenticity with refined global design.

“As senior lender on Mohawk, we’re thrilled to deepen our relationship with Rilea Group and continue to be their banking partner in the U.S.,” said Monica Vázquez, General Manager, ABANCA USA. “This project unites world-class architecture with cultural authenticity and economic vitality—a true reflection of Miami’s global trajectory.”

Residents will enjoy rooftop pools and lounges with panoramic skyline views, a padel court, a Turkish hammam spa with cold plunges and infrared saunas, co-working lounges, children’s play areas, and a rooftop dog park.

“Our relationship with the Murphy family and the entire Coastal Construction team runs deep,” said Diego Ojeda, President of Rilea Group. “Together we’ve delivered some of Miami’s most respected buildings, and Mohawk will be no exception. We’re bringing the same precision, craftsmanship, and attention to detail to Wynwood — delivering what will be the neighborhood’s premier residential tower, with kitchens and appliances that are truly second to none.”

Construction of Mohawk at Wynwood is being led by Coastal Construction, marking Rilea Group’s sixth tower with the firm. The partnership began with J.P. Morgan’s 1450 Brickell Tower, and continues today with the massive Santander Tower at 1401 Brickell, now rising in Miami’s Financial District.

“The financing secured for Mohawk at Wynwood underscores both Miami’s sustained appeal among lenders and the strength of Rilea Group’s track record in one of the city’s fastest-growing neighborhoods,” said Suzanne Amaducci of Bilzin Sumberg, who represented Rilea Group in the transaction. “Wynwood has become a premier destination for residential and commercial development, and that momentum played a meaningful role in the project’s ability to attract C-PACE financing alongside a senior loan. Florida developers are increasingly turning to C-PACE financing to complete the capital stack, and I expect the C-PACE program will grow in popularity in 2026 and beyond.”

Rilea Group’s Mohawk at Wynwood and its adjacent project The Rider Residences will follow the success of the firm’s sold-out, luxury condominium The Bond on Brickell; 1450 Brickell Office Tower, home to J.P. Morgan’s headquarters; One Broadway luxury apartment tower; and the Sabadell Financial Center – all set within Miami’s sought-after Brickell Financial District, nicknamed “Wall Street South.”

Renderings via Rilea Group

For more information about Mohawk at Wynwood please fill out the form below:

PMG Locks Down $115 Million Construction Loan For Sage Intracoastal Residences Fort Lauderdale

National developer PMG is pleased to announce they have secured $115 million in construction financing for Sage Intracoastal Residences Fort Lauderdale, a 28-story boutique condominium nestled along 200 linear feet of Fort Lauderdale’s Intracoastal waterway. Financing was provided by GoldenTree Asset Management. The transaction was led by PMG's Capital Markets team composed of Andrew Warman, Jonathan Blank, and Paton Marion in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi. Saul Ewing served as PMG’s transactional counsel, and Gibson Dunn served as GoldenTree Asset Management’s transactional counsel. The property broke ground last month and is slated for completion in late 2027.

“Fort Lauderdale is defined by its waterways and natural beauty, and we’re proud to have GoldenTree’s continued support as we advance Sage Intracoastal Residences on the waterfront,” said Dan Kaplan, Managing Partner at PMG. “Positioned between the New River and the Atlantic, this boutique development will deliver year-round access to premier dining, recreation, and leisure, complemented by elevated design and wellness-driven amenities. We commend our capital markets team for underscoring Sage Intracoastal’s value and remain focused on setting a new standard in Fort Lauderdale as construction moves forward.”

Sage Intracoastal Residences Fort Lauderdale consists of 44 elegantly appointed residences displaying unobstructed views of the Intracoastal and Atlantic Ocean, perpetually protected by the Bonnet House Museum & Gardens. Designed by Fort Lauderdale-based FSMY Architects with interiors curated by acclaimed design firm BAMO, the property will offer two-, three-, and four-bedroom private residences starting at 2,767 square feet. Expertly designed to enhance privacy, there will only be two units per floor and a doubled distance away from neighboring buildings.

Each carefully crafted residence will be equipped with the finest finishes and features to deliver a truly harmonious residential experience. These include soaring 10-foot ceiling heights, Italian kitchen cabinetry custom-designed by BAMO, floor-to-ceiling energy-efficient and impact-resistant glass sliding doors and windows to maximize natural light, expansive private terraces with summer kitchens and clear glass railings for unobstructed views, custom Italian entry and interior doors, smart home technology, high-end appliances, midnight bars in primary bedrooms, and more. The Sage Penthouse Collection will extend further luxury and convenience to buyers through taller residential ceiling heights and private rooftops with summer kitchens and plunge pools.

A thoughtful array of over 19,000 square feet of exceptional, private indoor and outdoor amenities will also be available to residents, including an integrated wellness circuit. The wellness circuit will center around the Sage Wellness Spa, a tranquil space equipped with steam, sauna, and cold plunge areas, private treatment rooms, private his and hers lockers, and a relaxation area with outdoor terraces. Additionally, residents will have access to a state-of-the-art fitness studio with the latest high-tech exercise equipment, a movement studio, and a yoga lawn. Beyond wellness, Sage Intracoastal Residences Fort Lauderdale will present residents with ample outdoor amenity space, allowing them to reap more of the benefits of their stunning waterfront location. Outdoor amenities include an expanded jacuzzi, a spacious waterfront resort-style pool with a lounge area, a grilling station with dining tables, a water view bar and lounge, and private luxe cabana suites. Indoors, residents will have access to a state-of-the-art golf simulator.

Services available to residents include a private residential porte-cochère with 24-hour valet service, a 24-hour front desk concierge, sports equipment storage, house bicycles, a dog run, dog walking services, package delivery, and valet parking. Sage Intracoastal Residences Fort Lauderdale will also feature the latest in smart-building technology, as well as semi-private elevators and private elevator foyers for each residence.

PMG Residential is the lead sales team for Sage Intracoastal Residences Fort Lauderdale, with Jaime Cristancho, and Laura San Jose exclusively representing sales for the project.

Images via ARX Creative

For more information about Sage Intracoastal Residences Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

Landau Properties Set to Commence Vertical Construction on Waterfront Office Development One Kane in Bay Harbor Islands

Vertical construction begins the next stage of evolution for One Kane, a 126,000-square-foot Class A+ waterfront office building in the exclusive enclave of Bay Harbor Islands. Addressing the specific workforce needs of Miami's evolving high-net-worth migration, Miami-based Taubco and New York-based Landau Properties are delivering a transformative model for corporate flagships.

With completion of two stories of concealed parking, One Kane, situated at 9551 E. Bay Harbor Drive, will include a private elevator lobby, dock-to-desk' yacht slips, and a waterfront BondSt restaurant, among other bespoke privileges. Completion is expected in early-2027.

A premier destination for discerning executives, One Kane offers a combination of privacy, state of the art headquarters-grade infrastructure, and premium hospitality with ultra boutique appeal designed as a rare alternative to Miami’s dense urban core, all enveloped within the high-end lifestyle of Bay Harbor Islands. As Miami continues to emerge as a global center for commerce, One Kane encompasses prestige from its surrounding communities along with lifestyle integration all on one site.

"One Kane features a modern business lifestyle with innovation and creativity that will appeal to organizations that seek the utmost privacy while combining exceptional design with taste and quality,” said Jonathan Landau, founding member and CEO of Landau Properties. “Executives who already live or are looking at residential options in Bay Harbor Islands, Indian Creek, Bal Harbor, Surfside and similar communities now have the opportunity to walk, drive or dock directly at their business address, an experience offered nowhere else in Miami.”

“Miami has transitioned into a global center for capital and influence, bringing together some of the world’s most pivotal industry leaders that are shaping the future of business,” added Laura Tauber, Principal and Managing Director at Taubco. “One Kane meets the demand and vision of domestic and international executives that seek discretion, luxurious amenities, and onsite hospitality within an exceptional and unequalled corporate setting. As the city’s status is elevated on the world stage, the next phase for Bay Harbor Islands and its surrounding communities entailed the inception of One Kane, speaking volumes of our historic understanding and contribution to the area’s next phase in growth.”

Leveraging its unique location directly on the Indian Creek Waterway, One Kane offers eight private yacht slips and a full-time Dockmaster and valet service, offering seamless dock-to-desk commuting. An experience found only in select cultural capitals, One Kane takes full advantage of its waterfront setting to fill Miami’s void and the growing demand by executives for a development that satisfies shifting commuter preferences.

By land, the building includes private vehicular access, valet parking and 24/7 secured private access. Designed for today's executive environment, One Kane is designed with an understanding of the need for privacy, optimal infrastructure and impeccable amenities. Offering a size and scale tailored for premier organizations with full floor opportunities, each of the building’s six stories are surrounded by private outdoor terraces accessible from every office, soaring 11-foot ceilings, and floor-to-ceiling windows that provide expansive views of the waterway.

Floors range from 12,600 square feet to more than 18,300 square feet of waterfront space, with One Kane delivering exceptional architecture designed for elegant C-Suite operations. The development features seamless fiber-optic broadband, redundant full-service generators providing 100% standby power serving the entire building, advanced AI security with individual access control, impact resistant glazing and flood protected private secured subterranean parking.

A LEED–designed building, the project delivers a responsible and forward-thinking approach in efficiency and indoor quality. Natural outdoor light private terraces and advanced air filtration systems create an optimal setting for comfort and quality throughout every part of the building. Extending beyond a traditional corporate workplace, One Kane’s holistic vision includes an emphasis on wellness and productivity.

Crafted to create a prestigious club for family offices, hedge funds, private equity firms, and bespoke professional firms, One Kane is designed for those with high confidentiality needs alongside peers of the same caliber. Positioned in one of Miami’s most exclusive enclaves, One Kane is steps from Bal Harbour Shops, major hotels, and luxury retail, yet set apart from Miami's bustling downtown core.

Nestled in its own private pocket of Bay Harbor Islands, One Kane will also feature BondSt, the acclaimed New York-based restaurant making its comeback to Miami, on the ground floor and rooftop bar with 360-degree panoramic views. The restaurant’s integration into One Kane includes priority reservations, event activations, in-office private dining and a full-service concierge that provide a hospitality-first atmosphere to the daily office experience.

Gencom Affiliate Reacquires Majority Interest In The Ritz-Carlton Coconut Grove

Affiliates of Miami-based Gencom, a U.S.-based investment firm that owns, operates, and develops prized real estate globally, announced that it has reacquired a majority interest the 115-key The Ritz-Carlton Coconut Grove situated at 3300 SW 27th Ave. in Miami, Florida.

A Gencom-led joint venture originally acquired The Ritz-Carlton Coconut Grove back in 2011 and sold a majority stake on the property to Hersha Hospitality Trust in 2017. The new acquisition transaction was financed by Banco Inbursa, a leading international financial institution with a strong track record financing hospitality and commercial real estate assets, for an undisclosed amount.

“The Ritz-Carlton Coconut Grove has always been a special property for Gencom, reflected by our history with the asset and Coconut Grove’s timeless appeal,” said Karim Alibhai, Founder of Gencom. “Reacquiring a majority stake aligns with our strategy of investing in high-quality assets in markets with strong fundamentals. We see significant opportunity to build on the property’s legacy and exceptional brand by creating value through disciplined investment and asset management.”

The Ritz-Carlton Coconut Grove property first opened in 2002 in Miami’s historic Coconut Grove neighborhood. In addition to the hotel’s 115 guestrooms, the Ritz-Carlton property features ~30,000 square feet of flexible indoor and outdoor meeting space, a swimming pool, poolside restaurant, boutique spa and salon, and a fitness center. The 21-story upscale hotel underwent its latest renovation in 2018. The upgrades included renovating the guestrooms and suites, the lobby, swimming pool, and food and beverage spaces that led to the opening of Isabelle’s Coconut Grove and The Commodore cocktail bar.

“This acquisition reflects our long-term conviction in Miami’s lodging fundamentals and the sustained strength of its local economy,” said Alessandro Colantonio, Chief Investment Officer at Gencom. “Having previously owned The Ritz-Carlton Coconut Grove, we recognize the enduring value of the asset and the importance of Coconut Grove as one of Miami’s most established and in-demand submarkets for both leisure and business travel. Regaining a majority ownership in this iconic property enables us to further scale our hospitality platform in Miami, one of North America’s most compelling and resilient tourism markets.”

Miami’s Coconut Grove waterfront neighborhood has emerged as one of the city’s most authentic and highly coveted communities. Known for its lush streets, historic charm, and vibrant cultural scene, the Grove has seen significant growth and redevelopment in recent years. The addition of several Class A office buildings has attracted new residents and businesses, while the revitalization of its anchor lifestyle center, Cocowalk, has introduced dozens of restaurants, retail shops, and a new movie theater. Coupled with the development of luxury condos and hotels, these enhancements have strengthened Coconut Grove’s position as a premier live-work-play district. Today, the neighborhood offers a unique blend of luxury living, shopping, dining, cultural attractions and entertainment, making it one of Miami’s most appealing destinations for residents, visitors, and investors alike.

Gencom’s Miami holdings include the recently reopened Ritz-Carlton Key Biscayne, Miami following a $100 million renovation and Miami Riverbridge, a transformational, privately funded mixed-use development planned along the Miami River, reinforcing the firm’s long-term conviction in the city’s growth and waterfront revitalization. The company’s illustrious branded hotel portfolio also includes other Marriott Hotels brands such as The Ritz-Carlton Bachelor Gulch; The Ritz-Carlton Philadelphia; The Ritz-Carlton New Orleans; The St. Regis Chicago; and Nekajui, a Ritz-Carlton Reserve; in addition to other five-star flags such as Auberge, Four Seasons, Rosewood, Fairmont, Hyatt, InterContinental, and more.

Gencom is a U.S.-based investment firm that owns, operates and develops prized real estate around the world, with an emphasis on luxury hotels, resorts and branded residential properties; and which is also an active owner and investor in hospitality operating platforms. Gencom’s current real estate portfolio is comprised of some of the world’s most iconic hotels, resorts, and destinations which are amongst the leading properties in the industry with key operating partners such as Four Seasons, Ritz-Carlton, Rosewood, Auberge, Fairmont, Hyatt, and Marriott.

Founded more than 40 years ago, Gencom has grown to become one of the nation’s leading firms specializing in the development and management of luxury resort and residential properties, alongside full-service hospitality operating platforms. Today, the Gencom portfolio is comprised of nearly $8 billion in assets under management and includes 24 owned assets in operation or under development with over 6,000 hotel rooms around the world; in addition to 185 properties, comprised of 50,000 keys through its third-party management affiliate, Pyramid Global Hospitality, which oversees hotel property management and operations throughout the U.S. and Europe; and over 2 million square feet through affiliate Convene, a hospitality company that designs, builds, and manages premium meeting, event, and flexible office spaces.

Images via Gencom

Oak Row Equities and OKO Group Close Largest Land Acquisition in Florida With $520 Million Waterfront Land Deal in Brickell

Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage.

TYKO Capital is the senior lender, providing a $464.5 million acquisition and predevelopment loan. Positioned in the heart of Miami’s Brickell financial district, the overall site is zoned for over three million square feet of development, allowing for multiple towers that can rise up to 1,049 feet. The assemblage, the largest and last remaining developable site of this scale in Brickell, will feature an ultra luxury destination that redefines the future of holistic living and leisure. The first phase of development will feature a hotel and branded condominiums.

“Closing on Brickell Bay Drive is a historic moment for our growing firm—a milestone that speaks to the caliber of our team—and for the future of Miami. We are honored to partner with OKO Group to create a globally-coveted experience and new way of living that is singular to this once-in-a-lifetime waterfront site,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Tyko Capital has been an incredible partner and a true pleasure to work with. Their financing is a powerful validation of the underlying fundamentals of this exceptional transaction, and we are grateful for their partnership and belief in the unprecedented growth ahead for South Florida.”

“This landmark acquisition represents a pivotal moment for Miami and reinforces OKO Group’s long-term commitment to elevating the city’s global profile,” said Vlad Doronin, Founder and CEO, OKO Group. “Brickell’s final remaining waterfront site of this scale provides a rare opportunity to create an iconic mixed-use development that will set a new benchmark for design, wellness, and luxury hospitality in the United States. We are pleased to collaborate with Oak Row Equities, whose vision and expertise align with our ambition to deliver enduring value and an unparalleled lifestyle experience for residents and guests on Biscayne Bay.”

Oak Row Equities has rapidly ascended as a preeminent development firm in the South Florida real estate industry. Wynwood Plaza, the largest mixed-use development in Wynwood, is home to Amazon’s South Florida headquarters and 509 brand new luxury rentals. Oak Row assembled the land for this project in the largest off-market transaction in Wynwood’s history.

2900 Terrace, a premier luxury multifamily tower in Miami’s vibrant Edgewater submarket, broke ground in October following the close of a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate. 2600 Biscayne, a 41-story Class AAA office and multifamily tower in Edgewater and currently under construction, was funded by a $181M construction loan from Bank OZK with over 50% of the commercial space pre-leased.

Simultaneously, ORE is finalizing plans for First & Fifth, a brand new luxury multifamily tower designed by ODP Architects, that will rise across the street from MiamiCentral Station – the hub of all four major train systems in South Florida. ORE is also advancing permits for Venus, a 440-unit multifamily project in North Miami Beach.

OKO Group builds on the formidable expertise of Doronin, one of the most successful and respected international developers, and his peerless track record in constructing world-class office, retail and luxury residential space over a total of 82 buildings.

OKO Group’s current U.S. portfolio of prime properties and development projects include 830 Brickell, a Class A-plus office tower in Miami’s Brickell Financial District; two luxury residential developments in Miami, Missoni Baia in Edgewater and Una Residences in Brickell; Aman Miami Beach, spanning two oceanfront buildings at 3425 Collins Avenue; the Crown Building in New York City, which opened in 2022 as Aman New York at the crossroads of Fifth Avenue and 57th Street; and One Beverly Hills, a 17.5-acre multi-billion dollar master planned development in partnership with Cain International which will include Aman Beverly Hills which will encompass an Aman hotel, branded residences, and a private club.