Check Out This Oceanfront Condo At The Herzog & De Meuron-Designed Jade Signature Which Just Closed For $6.6 Million

Fortune International Group has announced the $6.6 million sale of a turnkey residence in the developer’s award-winning Jade Signature condominium tower in Sunny Isles Beach. The transaction of the contemporary retreat, No. 4801, which was furnished by revered interior designer Luxury Living Group, is the latest in a string of recent sales at the property. Created by Pritzker prize-winning architecture firm Herzog & de Meuron, with interiors by Parisian interior design firm PYR and landscaping by architect Raymond Jungles Inc., Jade Signature is widely lauded as one of Miami’s most architecturally extraordinary oceanfront address’.

With flow-through views of both the ocean and Intracoastal Waterway, the five-bedroom, six-and-a-half-bath home features 4,953 SF of space as well as 1,454 SF of outdoor terraces, one on each side of the tower. The home features stunning accents and finishes including an elegant console in the foyer, situated under a gold and silver-leaf work of art by Peterson Guerrier and Chris Jones. Likened to its own private retreat, the master bedroom boasts a resort-like feel with its own sitting room and master baths which are dramatically extended by oceanfront terraces. The listing agent was Elizabeth Garcia of Jade Signature’s in-house sales team. The buyer was represented Michael Martirena of ONE Sotheby’s International Realty.

“This residence has been a jewel in the crown of Jade Signature -- reflective of the building’s overall attention to detail,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Across the globe, there has been tremendous demand among high-net-worth buyers to live in this tower -- singling it out for its lavish comforts, innovative beachfront amenities, and timeless designs.”

Currently, a limited number of residences remain for sale within the building, including several recently completed turnkey homes by renowned interior designers. Jade Signature’s most luxurious offerings, a portfolio known as “The Collection,” has a compilation of two-story Sky Villas and a two-story penthouse, ranging from $11.9 million to $29.5 million. The Sky Villas offer stunning features, such as flow-through views, expansive terraces, private elevators, smart technology, service quarters and PYR-designed bathroom cabinetry. The two-story penthouse boasts all of these world-class features as well as a private pool, gym and 360-degree views. Additional offerings include three- to five-bedroom residences, with sizes starting at 3,260 SF and prices starting at $4.49 million. Jade Signature is located at 16901 Collins Ave, Sunny Isles Beach, FL 33160.

Enjoy the video and photo tour below:

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Check Out This Recently Listed Uber-Lux Home Designed By CLF Architects Asking $18.9 Million

Allison Island is home to some of the nicest waterfront estates in Miami Beach, nestled equidistant between Bal Harbour and Sunset Harbor. The new construction elegant estate sits on half an acre of primely positioned Miami Beach property on a gated island home to just 49 waterfront houses. Located at 6585 Allison Road, the home was developed by Alfredo Borges and was designed by CLF Architects. At over 10,000 SF with 6 bedrooms, office, gym, yoga room, bar and theatre all the boxes are checked to entertain or sit back and relax. The home includes an elevator, 3 car garage, the finest finishes including beautiful limestone and wood floors throughout and generator. Upon entry, guests are greeted by a custom 6’ by 12’ solid walnut pivot door from Spain opening to a floating open riser staircase with faced with stone and intersected by a wood wall. Guests will also marvel at the 25’ ceilings and American Walnut Louvers that add distinction.

Situated in its own wing, the master suite features an adjacent art lounge and sitting area, a private Terrace, dual closets, Dornbracht fixtures, steam shower, book-matched porcelain slabs floor to ceiling, absolute blanc counters and oak custom vanities. The master suite’s private balcony offers incredible Eastern water views.

The exterior features a natural concrete and shell stone façade with bronze aluminum frames. The lot offers parking for up to 10 cars and a 3 car garage. The property is surrounded by reflecting ponds throughout with lush landscaping. An entertainers paradise, the backyard comes equipped with a 44’ long wet edge pool that extends to a private cabana with a limestone pool dock surrounded by grass topped off with a cabana bath and a brand new dock and sea wall for yacht lovers. The entire property is surrounded by a top-of-the-line security system with 12 cameras, automated gate entry and located on a secured gated neighborhood in Miami Beach.

Artistry on Allison Island, located at 6585 Allison Road, is currently listed for $18,900,000 by Dina Goldentayer and Cyril Matz of Douglas Elliman. Dina Goldentayer can be reached at 786-277-7539 or Dina.Goldentayer@elliman.com.

For more information about 6585 Allison Road, private showings or purchasing/ leasing information please fill out the form below:

Dezer Development & Related Group Complete Residences by Armani/ Casa In Sunny Isles Beach

Dezer Properties and Related Group have completed the 56-story Residences by Armani/ Casa in Sunny Isles Beach and closings are now underway. The Residences by Armani/ Casa offers 308 luxury condo units with total sales valued at over $1 billion. The project first broke ground in January 2016 and received its TCO in late November/ early December 2019. Pre-sales hit the 87% mark with over $800 million in sales since launch. The Residences by Armani/ Casa was designed by the late César Pelli and marks his final project before his death in July 2019.

Units at The Residences by Armani/ Casa range from 1,350 SF to 4,700 SF, priced from $1.6 million to over $17 million. There is also a penthouse furnished by Giorgio Armani that includes a trip to Italy to meet the iconic designer himself. The Residences by Armani/Casa features over 35,000 SF of incomparable amenities including a fine dining restaurant, cigar room and wine cellar, heated swimming pool, ocean-facing fitness center, two-story revitalization spa with indoor and outdoor treatment rooms, movie theatre, and clubroom, all situated on 300' of private shoreline.

For more information about The Residences by Armani/ Casa, private showings or purchasing/ leasing information please fill out the form below:

CMC Group Pays Off $236 Million In Construction Loans For The Recently Completed Brickell Flatiron

Unit closings are underway and residents are moving in at Downtown Miami’s newly-completed Brickell Flatiron tower, with 50% of the 64-story tower’s contracts successfully closed over the last 30 days. The news comes as developer CMC Group retires $236 million in construction loans for the project. The loans, which were issued in 2017 by Bank OZK, Broad Street (Goldman Sachs) and RFR Realty, helped fund the development of the 527-unit tower located at 1000 Brickell Plaza. Brickell Flatiron was completed last month when it received its temporary certificate of occupancy (TCO) with more than 95% of the project’s units already sold and under hard contract,

“Our ability to retire these loans just four weeks after receiving our TCO underscores the sustained buyer demand we’re seeing at Brickell Flatiron and the strength of the Brickell brand, both internationally and domestically,” said developer Ugo Colombo, Founder of CMC Group. “We’re quickly approaching sell-out and contracts are closing as we see a steady stream of primary and secondary home buyers coming from key markets overseas and U.S. markets such as New York, Boston, Chicago and California. Our owners are extremely happy with the quality of the final product and we’re moving through the rest of our closings at a record pace.”

Remaining residences currently available for sale include a range of one- to four-bedroom condos priced from $790,000 to $3 million, and one upper duplex penthouse for $8 million.

Brickell Flatiron has attracted a diverse mix of residents since launching in 2015, including a significant percentage of domestic buyers. While the tower has enjoyed steady sales activity among buyers from Mexico, Argentina, Italy, Venezuela and Colombia, U.S. buyers have accounted for more than half of all unit sales to date. Approximately 70% of the building’s buyers came from U.S. markets, evidence that Americans are increasingly drawn to Downtown Miami’s urban lifestyle, which comes at a fraction of the price of luxury living in other gateway cities.

“Bank OZK was delighted to finance Miami’s Brickell Flatiron Tower. This project embodies the high standards Bank OZK consistently seeks in its project financings – marquee real estate, strong market fundamentals and top-tier sponsorship,” said Greg Newman, managing director of originations for Bank OZK. “Ugo Columbo once again delivered a successful, high quality, landmark building making a bold mark on the downtown Miami skyline.”

Acclaimed Miami architect Luis Revuelta creates a one-of-a-kind architectural environment that combines the tower’s distinct flatiron shape with flowing, curvilinear forms. On the inside, Italian design architect Massimo Iosa Ghini uses inspiration from Brickell Flatiron’s curved façade to outline the building’s sleek amenity spaces, creating a seamless transition from exterior to interior.

The tower’s 64th-floor rooftop amenities encompass a Sky Spa, Sky Pool and Sky Gym with 360-degree panoramic views of the bay and downtown Miami’s glimmering cityscape. Residents have access to a host of therapeutic services and other offerings including private steam, sauna and locker facilities, a 6,300 square foot state-of-the-art fitness center with Pilates, yoga and aerobics studios, and a juice bar. Additional features include a resort-style lap pool and separate children’s pool on the 18th floor, private movie theater with stadium seating, billiards and cigar room, wine cellar, 24-hour concierge and valet parking, on-site vehicle washing and detailing, and electric car-charging stations.

In 2016, CMC Group completed the $22.5 million sale of Brickell Flatiron’s 24,800 SF ground-floor retail/restaurant space to Avi Dishi and Haim Yehezkel. Exciting tenants have already signed on to lease the space, including a popular London-based Japanese entertainment restaurant concept Sexy Fish.

Images via Golden Dusk Photography

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Aztec Group Arranges $142 Million In Debt Financing For Melo Group's Art Plaza

Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 38 years, announces that Peter Mekras, President of Aztec Group, has arranged $142 million in debt financing for Art Plaza in Miami, Florida, consisting of 667 rental apartments and 15,000 SF of retail space. This is the 10th loan Mekras has placed for Melo Group, who most recently placed $142 and $108 million loans for Melo’s 710-unit Square Station and 497-unit Melody Tower respectively.

Art Plaza was developed by Miami-based Melo Group, a family-owned and operated real estate development firm based in Miami, Florida and specializing in the construction, design and delivery of high-quality residential buildings. Art Plaza opened June 2019, and achieved rapid leasing velocity with 95% occupancy in less than six months. Art Plaza is located at the corner of NE 1st Avenue and NE 14th Street in the heart of Miami’s Arts & Entertainment District, just one block from the Metromover’s School Board station.

Aztec Group was engaged on an exclusive basis by the Owner to conduct a broad investment banking process. The firm obtained quotes from banks, agencies, pension fund advisors, private equity, financial and life insurance companies. After assisting the borrower to analyze numerous quotes and structures, the $142 million loan was awarded to Freddie Mac via Berkadia’s Miami Office as its seller servicer. The 10-year loan features full-term interest-only and a fixed rate under 3.50%.

“Our process mitigated Art Plaza’s limited stabilized operating history and Miami’s perceived housing supply concerns.” said Peter Mekras, President of Aztec Group. “We are pleased to be a part of Melo Group’s unparalleled effort to deliver more than 2,000 units of needed rental housing in the heart of the Arts & Entertainment District.”

Art Plaza marks the third multifamily development that Melo Group has delivered in the Arts & Entertainment District since 2016, and is part of the firm’s larger plan to bring over 2,300 transit-oriented rental units to the growing neighborhood. The firm’s previously completed developments, including the 497-unit Melody apartment tower and 710-unit Square Station towers, all cater to young professionals wanting to live close to their jobs in and around Downtown Miami and Brickell. The firm’s next rental development in the area, the 437-unit Miami Plaza tower, is now under construction adjacent to Square Station on the north side of the Metromover and is slated for completion in mid-2020.

Penthouse At Multiplan Real Estate Asset Management's 57 Ocean Sells For $10.9 Million To Buyer From New York

Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management, developer of 57 Ocean, has announced the sale of Penthouse 2 at the Arquitectonica-designed boutique oceanfront condominium nestled along Miami’s original Millionaire’s Row.

The residence sold for $10.9 million to New York resident Chuck Roberts, Managing Director/Investments with Stifel, The CR Wealth Management Group. 57 Ocean has been making waves among well-heeled, health-conscious buyers who have singled-out the project for its Blue Health-oriented lifestyle and ocean-inspired amenities. Roberts was represented by Dina Goldentayer Panchernikov and Ilya Panchernikov with Douglas Elliman.

Overlooking 220’ of rare unspoiled waterfront, the penthouse spans 5,205 SF of indoor space and 2,141 SF of outdoor terraces. The sprawling residence will feature a grand master bedroom with a unique outdoor spa area overlooking the Atlantic, three en suite bedrooms, five-and-a-half-baths baths, a den, home theater, outdoor summer kitchen, spacious living areas, and a gourmet chef-style kitchen. In addition to 10 flow-through Sky Residences, starting at $6.95 million, 57 Ocean has one remaining penthouse priced upwards of $35 million.

57 Ocean is located at 5775 Collins Avenue, between Atlantic Heights and Mid-Beach, in close proximity to Miami’s chic Bal Harbour Shops, the prestigious La Gorce Country Club and Golf Course, and offers views across Miami’s most exclusive expanse of beachfront. The building is slated for completion in 2021 and when complete will rise 18-stories with 71 residences. The holistic wellness-focused property will equally embrace luxury and nature with its tropically-inspired interiors by Brazilian designer Patricia Anastassiadis.

“I am honored to represent such a significant sale in one of Miami’s most high-profile addresses,” said Dina Goldentayer Panchernikov. “We know our client will be very happy to call 57 Ocean home.”

“I love this location and being able to live in a brand-new condominium on the Atlantic with so many amenities that are geared toward building a healthier lifestyle, including the calming effect of the ocean and daily strolls along the beach,” said Roberts. “This penthouse offers the best of both worlds as it’s going to have unobstructed views of the water on one side, and the city on the other. The neighborhood is also excellent. It’s more tranquil and family-friendly as it’s primarily comprised of residents versus tourists, yet I’m just a five-minute drive from South Beach.”

57 Ocean is the brainchild of Dr. José Isaac Peres, Multiplan Real Estate Asset Management’s founder and one of the most internationally renowned developers. The condominium will offer two to four-bedroom residences, starting at $1.5 million with sizes ranging from 1,200 SF to 3,600+ SF. The well-appointed homes will feature expansive terraces, each stretching 12’ deep, as well as contemporary Italian kitchens and baths by Poliform. Five-star amenities will include a holistic spa and wellness pavilion with a thermal suite and a relaxation and meditation area, as well as poolside treatment cabanas, a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center. There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and more.

Renderings by DBOX for MultiplanREAM

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The Developers of The Ritz-Carlton Residences, Sunny Isles Beach Unveil Striking Pablo Atchugarry Sculpture For Miami Art Week

Marking the culmination of one of the most exciting weeks of the year in Miami, dozens of art world influentials, local luminaries and friends joined leaders with Fortune International Group, Château Group and internationally renowned artist Pablo Atchugarry for the unveiling of “Dreaming the Future,” Atchugarry’s latest sculpture.

The stunning piece, intricately carved from Carrara marble and stretching 11.5’ in height, was commissioned by joint developers Fortune International Group and Château Group for The Ritz-Carlton Residences, Sunny Isles Beach. Revealed during an exclusive on-site ceremony during Miami Art Week, “Dreaming the Future” is now seated at the base of the tower’s entrance, serving as an enduring landmark for the both the condominium and the surrounding community.

“It is an honor and a privilege to share this masterpiece with the City of Sunny Isles Beach and, by that token, all who visit South Florida’s coastline,” said Manuel Grosskopf, CEO of Château Group. “For the last two years, we have worked hand-in-hand with Pablo Atchugarry and the City to create a spectacular work of art that is truly timeless -- one sure to be admired far and wide by generations to come.”

“The synergies between fine art and luxury real estate cannot be overstated -- with The Residences being no exception,” said Edgardo Defortuna, President and CEO of Fortune International Group. “This sculpture is another jewel in the crown of our beautiful building and a tribute to the artistry, architecture and designs that define it.”

“The inspiration behind ‘Dreaming the Future’ is the promise of a bright tomorrow…one full of possibilities. I hope it will continue to inspire all who see it -- encouraging everyone to keep dreaming and be forever guided by their values and principles,” added Atchugarry.

Gathering at the 52-story project for an elegant, late-morning commemoration, guests of the Dec. 6 event included the Mayor of Sunny Isles Beach, George “Bud” Scholl; Commissioners Dana Goldman and Alex Lama; Fortune International Group President & CEO Edgardo Defortuna and Executive Vice President Ana Cristina Defortuna; Château Group father-and-son co-founders Sergio Grosskopf and Manuel Grosskopf; G.M. of The Ritz-Carlton Residences Sunny Isles Beach, Nathalie Rader; and Sales Director Isabella Holguin.

Born in Montevideo, Uruguay, Atchugarry has been widely regarded for his sculptures, which are part of public and private collections worldwide. In addition to having had works of art be sold at auctions by Christie’s and Sotheby’s in London, New York and Paris, his sculptures are currently featured in a myriad of revered galleries across the globe. Atchugarry additionally opened his own family gallery in Miami last December where his collaboration with The Residences was first announced. “Dreaming the Future,” which measures 11-and-a-half feet by four feet by two-and-a-half feet, was crafted in both Italy and Uruguay before being transported to the South Florida high-rise.

As the first building north of Bal Harbour, The Ritz-Carlton Residences, Sunny Isles Beach boasts a prime location with 250 feet of pristine beachfront. The building’s designs have been crafted by award-winning architect Bernardo Fort-Brescia of Arquitectonica with interiors by acclaimed Florentine architect Michele Bönan. Comprising 212 residences and managed by The Ritz-Carlton, the tower will have a private club level on the 33rd floor, beach restaurant, pool deck, kids club, full-service spa, fitness center and wellness center, among other top-line amenities. Residences start at $2.6 million, with the full-floor penthouse offered at $32 million.

Further highlights in each of the homes, all of which are smart-technology-ready, will include walk-in closets, laundry rooms with full-size washers and dryers, and pre-wiring for high-speed internet access and Wi-Fi. Penthouses will feature lush garden terraces spanning 2,000 SF – 4,000 SF, private pools and summer kitchens, custom-designed Italian cabinetry, service quarters, and well-appointed master suites. The sales gallery is located at 15800 Collins Avenue in Sunny Isles Beach.

For more information about The Ritz-Carlton Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below:

Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica

A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space. The Dorsey will be built at the site of the former Coca Cola plant and was previously owned by Thor Equities and Rockwood Capital who had proposed a Touzet Studio-designed project. The JV, which purchased the 2-acre site in late 2019 for $32 million, has obtained a permit to demolish the existing buildings on the site, some of which were originally built in the late 1920’s. Miami’s Urban Development Review Board will review the proposal on December 18. The Dorsey will be located at 280 NW 28th Street.

Two Roads Development’s Elysee Tops Off In Edgewater

Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami. The Arquitectonica-designed tower’s striking three-tiered telescoping shape ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. Elysee’s interior design concepts were designed by Paris-based designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who is behind the building’s common area amenity spaces. Elysee features 100 residential units which span either a half floor or full floor with pricing ranging from $1.8 million to over $10 million. Completion is scheduled for 2020.

Elysee’s 7th-floor amenity level will include a luxury spa with private sauna, steam and massage rooms. For large-scale entertaining is Elysee’s Owners’ Sky Lounge, which encompasses the building’s entire 30th floor level and will be home to a big comfortable media room. Residents can also offer overnight visitors their own private accommodations in one of the building’s guest suites which were also designed by Jean-Louis Deniot. The two fully-furnished guest suites can be utilized by resident reservation only on a first come first serve basis. Similar to a hotel suite, guests would receive their very own key and elevator code, while also having access to all of the building’s amenity spaces.

For more information please visit the sales center at 2955 NE 7th St., Miami, call 305-768-9719 or visit www.elyseemiami.com.

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OKO Group and Access Industries To Develop Aman Hotel & Residences At Versailles Hotel Completing Faena District

OKO Group and Access Industries announced today a joint venture to develop and build an Aman hotel and Aman-branded residences on Miami Beach, on the site of the former Versailles Hotel, in two buildings at 3425 Collins Ave. 

The Miami project will be Aman’s latest urban development in the United States, joining Aman New York, a hotel with residences under construction in Manhattan’s iconic Crown Building and scheduled to open in Q4 2020. Aman also operates Amangani in Jackson Hole, Wyoming, and Amangiri, a hotel and resort in Canyon Point, Utah. Aman is led by Chairman and CEO Vladislav Doronin, whose Miami-based OKO Group will develop the Miami project in partnership with Access Industries. 

The Aman Miami project will be a major economic catalyst for the area. The Collins Avenue site is in the iconic Faena District, a prime four-block stretch of Miami Beach that Access Industries turned into a vibrant cultural neighborhood. The more than 1 million-square-foot mixed-use district features top-flight residences, the Faena Hotel Miami Beach, innovative and immersive entertainment, shopping at the Bazaar, restaurants and the Forum, an arts venue. Since opening in 2015, the District has become the epicenter of Miami Beach activity. 

“My strategy for Aman places focus on expanding the urban destinations for the brand after success with similar projects such as Aman Tokyo. As a major global hub, Miami always has been a key location, particularly since I founded OKO Group and already have a number of developments in the thriving city of Miami,” Doronin said. “The Miami and Aman lifestyles are highly compatible. Both are energetic, easy-going and embrace the outdoors. I have been looking for the perfect location for many years, and I am thrilled to find it and to partner with Access Industries.”

Access Industries, founded by American industrialist and philanthropist Len Blavatnik, owns a diverse portfolio of over 6 million square feet across iconic hotels and other commercial and residential properties in the United States, Europe, South America, and the Caribbean.

“Transformational neighborhood investment is a hallmark of Access Industries’ real estate strategy.  The Faena District is now a renowned hospitality and lifestyle destination, and positively contributes to Miami Beach. Versailles expands this mission even further, and we are thrilled to find a partner who shares Len’s insight. OKO and Aman are the ideal partners to develop Versailles and complete the vision for the Faena District,” said Jonah Sonnenborn, managing director and head of real estate at Access Industries. 

OKO Group’s Miami portfolio also includes luxury waterfront residential towers; Missoni Baia and Una Residences; and 830 Brickell, Miami’s first new office skyscraper in over a decade