Origin Residences by Artefacto Passes 70% Sold in Miami's Bay Harbor Islands

Just six months after launching sales, Origin Residences by Artefacto is 70% sold, putting it on track as one of the fastest-selling residential building in Bay Harbor Islands. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi.

Just six months after launching sales, Origin Residences by Artefacto is 70% sold, putting it on track as one of the fastest-selling residential building in Bay Harbor Islands. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi. Origin Residences by Artefacto will bring 27 custom finished and furnished condominiums to Miami’s coveted Bay Harbor Islands.

The luxury boutique building in Miami’s premier Bay Harbor Islands will feature an exclusive collection of two-to-four-bedroom residences, ranging from 1,300 square feet to 2,330 square feet, where prices started at $1.390 million with sales overseen by Cervera Real Estate. Most of the buyers at Origin Residences by Artefacto are Brazilian. Recently South Florida has witnessed an influx of Braizlians to the market. According to the Miami Association of Realtors, Brazil lands third in the top five of international homebuyer transactions in 2023. The developers also recently revealed that they are now paying commission.

"We owe these remarkable milestones to the ongoing demand for true Miami waterfront living, as well as the exquisite common area design by Carla Guilhem, a world-renowned designer selected by Artefacto, our partner in the development," expressed Mauricio Moya, lead developer at VDA Miami. “Together, we have been able to create a visionary project that accentuates the concept of luxury waterfront living in South Florida. At Origin Residences by Artefacto, residents will experience a transformative lifestyle and exceptional opportunities as Bay Harbor Islands continue to flourish. We are honored to be a part of Bay Harbor Islands’ legacy, and we feel that Origin by Artefacto will leave an indelible mark on the city's future."

The collection of 27 spacious two-to-four-bedroom residences offers breathtaking waterfront views of Bay Harbor Islands. The residences come with access to a private marina that boasts 10 boat slips and direct access to the Atlantic Ocean as well as the Miami and Fort Lauderdale Intracoastal waterways. The development includes an array of top-of-the-line amenities, such as a rooftop pool with poolside summer kitchens and bar, an Owner’s lounge, a kid’s playroom, a coworking meeting space, and a gym with state-of-the-art equipment. Additionally, each unit is designed with a generous floor plan that includes floor-to-ceiling, impact-resistant sliding glass doors and windows, private balconies with glass railings and panels, fully accessorized kitchens designed by Carla Guilhem with high-end Wolf and Sub-Zero appliances, modern bathrooms with European style cabinetry, porcelain flooring, ample storage space, and residential parking.

Cervera’s President of Development Sales, Jesse D. Ottley, added, “We could not have reached this incredible sales milestone without the help of our dedicated sales and marketing teams and our developers who have worked tirelessly to conceptualize a project that will transform luxury living in South Florida. Buyers have gravitated to these expansive waterfront residences where unobstructed views are protected by the waterways to the West, and with such a demand for boating in Miami, having their own private boat slip directly in front of their residence is an amenity that few can offer in this market."

This exceptional development, featuring architecture by Revuelta Architecture International, known for its quality designs and sustainable solutions, offers meticulously designed interiors with high-quality details to complement the busy lifestyles of residents at Origin Residences by Artefacto. The project also includes interiors curated by Carla Guilhem.

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

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Roy and Lea Black List Star Island Estate For $37.5 Million

Attorney Roy Black and his wife Real Housewives of Miami-star Lea Black, have listed their Star Island home for $37.5 Million. Saddy Abaunza Delgado with ONE Sotheby’s International Realty has listed the property alongside Elena & Stefano Iturriaga of London Real Estate Company. Located at 45 Star Island, the property is nestled along Biscayne Bay and provides 180-feet of waterfront access, a rarity on the island.

Attorney Roy Black and his wife Real Housewives of Miami-star Lea Black, have listed their Star Island home for $37.5 Million. Saddy Abaunza Delgado with ONE Sotheby’s International Realty has listed the property alongside Elena & Stefano Iturriaga of London Real Estate Company. Located at 45 Star Island, the property is nestled along Biscayne Bay and provides 180-feet of waterfront access, a rarity on the island. The existing home offers 7 bedrooms, 8 full baths, 1 half plus a two-bathroom guest house. Additional features include a 60-foot dock to park your boat, new pool, a movie theater that sits 10, a Viking gas stove, a sub-zero refrigerator, a children's pirate tree house, and a sauna.

The gated Star Island has long been one of the most desirable neighborhoods in Miami, just across the MacArthur Causeway from the entrance to Fisher Island and Miami Beach’s South of Fifth neighborhood. Star Island is a man-made island in the middle of Biscayne Bay and located in the city of Miami Beach. The island was built by the Army Corps of Engineers in 1922 as part of a dredging project and was developed by Carl Fisher into an island for the rich and famous. The island is now home to celebrities and billionaires such as Gloria and Emilio Estefan, Rick Ross, Philip Frost, Sean ‘Diddy’ Combs, Alex Rodriguez, Stuart Miller and Vladislav Doronin.

In March 2023 PROFILEmiami reported that Star Island had emerged as the leader among the most expensive neighborhoods in the United States, leading Port Royal in Naples, FL and Beverly Hill’s Beverly Hills Gateway and Trousdale Estates, according to sales data from Zillow Group Inc. The average home sale on the ritzy island in 2022 traded for $40.2 million, up $16.7 million and 71% from 2019 when the average home sale on the island was $23.5 million.

Over the past several years hedge fund heavyweight Ken Griffin, founder Citadel, has purchased an assemblage of five properties on the island for a combined $170 million. In 2018 Lennar Executive Chairman Stuart Miller acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million and also developed an ultra-luxury spec home at 22 Star Island with Todd Michael Glaser which was designed by DOMO Design and sold for $49.5 million in an off-market deal overseen by David Solomon and David Miller in 2020. In August 2023 music mogul and rap superstar Rick Ross closed on 37 Star Island Drive for $35 million.

Credit: LuxHunters for ONE Sotheby’s International Realty

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Starchitect Chad Oppenheim's Miami Home, Villa Allegra, Hits Market For $33 Million

Miami-based starchitect Chad Oppenheim, who has designed some of the finest waterfront homes and condominium towers including Ten Museum Park, has listed his home on Miami’s Sunset Islands for $33 million. Listed with Oren Alexander and Tal Alexander of OFFICIAL, Villa Allegra was a once-ordinary single-story ranch which was transformed by Chad Oppenheim into a tropical modern home

Miami-based starchitect Chad Oppenheim, who has designed some of the finest waterfront homes and condominium towers including Ten Museum Park, has listed his home on Miami’s Sunset Islands for $33 million. Listed with Oren Alexander and Tal Alexander of OFFICIAL, Villa Allegra, located at 1500 W 23rd Street, was a once-ordinary single-story ranch which was transformed by Chad Oppenheim into a tropical modern home by adding multiple interior and exterior rooms to create over 6,000 square feet of classic yet contemporary living space. The striking yet pared-back home is nestled in a garden of native vegetation, guaranteeing its future buyer tranquility and the utmost privacy.

Villa Allegra is made for entertaining, having hosted celebrations for big-name brands like Audi and Ferrari, and even appearing in the Miami Vice movie. From the grandeur of the living spaces to intimate alcoves, every corner reflects Oppenheim's style that blurs the line between classical and contemporary. Located in Sunset Island III, the waterfront villa is nestled in a lush garden of native vegetation, conceived by Raymond Jungles, this home embodies the perfect blend of luxury and tranquility. Outdoors features multiple docks to accommodate water toys and yachts up to 75’.

Chad Oppenheim established Oppenheim Architecture in 1999 and now has studios in Miami and Basel, Switzerland with an inquisitive team of forty architects, interior designers, planners, dreamers, and technicians. Oppenheim Architecture has received over 90 awards, including more than 60 from the American Institute of Architects (AIA) Awards, as well as a National Design Award from Cooper Hewitt, Smithsonian Design Museum. Their projects in Miami include Ten Museum Park, Forte dei Marmi, Metropica and several record breaking single family waterfront homes, amongst other commercial and residential project.

Images via Karen Fuchs

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Continuum Company Launches Continuum Club & Residences in North Bay Village

Continuum Company in partnership with Aksoy Holdings, Turkish developer of The Ritz-Carlton Residences, Bodrum, are proud to announce the official launch of sales for Continuum Club & Residences, the newest luxury bayfront condominium in Miami's exclusive North Bay Village. The project represents the unveiling of Continuum 2.0 – the second-ever Contniuum branded residences.

Continuum Company in partnership with Aksoy Holdings, Turkish developer of The Ritz-Carlton Residences, Bodrum, are proud to announce the official launch of sales for Continuum Club & Residences, the newest luxury bayfront condominium in Miami's exclusive North Bay Village. The project represents the unveiling of Continuum 2.0 – the second-ever Contniuum branded residences, and the latest addition to the Miami portfolio of visionary developer Ian Bruce Eichner, renowned in South Florida for his role in creating the iconic Continuum South Beach, and transforming the South of Fifth neighborhood into what it is today. Continuum Club & Residences is slated to break ground in winter of 2024.

The curated development will feature 198 residences. The beautifully designed one, two, three, four-bedroom homes and penthouses start just under $1,000,000. A curvaceous beacon sitting at 32-stories, the residences will range from 800 to 4,000 SF, with access to coveted views of the Atlantic Ocean, Biscayne Bay, Indian Creek and Downtown Miami.

“We see North Bay Village as we once saw South of Fifth, brimming with tremendous growth potential," said Ian Bruce Eichner, Chairman and CEO of Continuum Company. "We're excited to pioneer another neighborhood evolution. Our optimism for North Bay Village drives our dedication to usher in a new era for this community. With its stunning views, beach and mainland access, and private island community, choosing this location for our second Continuum-branded project was an easy decision.”

Douglas Elliman Development Marketing has been selected as the exclusive sales and marketing brokerage for Continuum Club & Residences, along with Phil Gutman in an advisory role to the developer. Also coined Continuum 2.0, the boldly enriched project sits on the last untouched island community in Biscayne Bay, providing effortless access to Miami's exquisite beaches, upscale shopping districts, Michelin-star dining, golf courses, beach clubs, and South Florida's highest-rated schools. In addition to its many attractions, North Bay Village is set to become the official training facility for the Argentina Football Association (AFA), fueled by Lionel Messi’s arrival.

"North Bay Village offers an ideal setting for buyers seeking both the privacy of an island community and the proximity to Miami’s hottest new restaurants and neighborhoods," said Jay Phillip Parker, CEO of Douglas Elliman Development Marketing, who heads the sales for the project. "We're excited to present the next phase of Continuum within this bold waterfront development that truly curates a vibe of its own.”

Continuum Company assembled a world-class team, combining architecture by the renowned Arquitectonica, interiors curated by Durukan Design, and landscape architecture by Martha Schwartz Partners (MSP), to create a chic and vibrant aesthetic. The residences will offer a variety of spacious floor plans, each featuring private wrap-around terraces with sunset to sunrise views from every residence. Merging style and substance, the best-in-class kitchens present state-of-the-art Subzero/Wolf integrated appliances, custom European cabinetry, a culinary island and quartz countertops. Stepping into primary baths, residents will find marble stone flooring, dual rainfall showerheads overlooking the water, arched mirrors and Dornbracht fittings.

Continuing to cater to the lifestyle brand that Continuum has curated, Continuum Club & Residences will offer over 50,000 SF of transformative indoor and outdoor amenities. Facilitating a luxurious resort lifestyle on the water, the project will feature a waterfront resort pool with cabana seating, a garden pool for recreational activities, a jacuzzi plunge, a marina with boating pickup and drop off, and a waterfront lawn for social ventures. For residents who desire a wellness destination to call home, the development will feature a state-of-the-art indoor fitness studio and separate movement studio, as well as an immersive resident spa, with private treatment rooms, cryotherapy chamber and infrared sauna. Active residents will also have access to a double-height indoor sports court for pickleball and other games, along with a watersports dock stocked with all your floating needs, including kayaks and paddleboards.

Enriched in livability, Continuum Club & Residences features several culinary and entertainment activities, such as a destination waterfront restaurant with dining terraces and resident charging privileges, a private dining room, outdoor dining pavilion, and exclusive Continuum 24/7 Marketplace and Minibar. With convenience at the center of it all, the project also features a Continuum Resident’s App, E/V Charging Stations, secured bicycle and e-bike storage, temper-controlled storage and Tesla House car.

Furthermore, the amenity offerings continue with kids-focused activities such as an arcade, virtual lounge, children’s playroom and outdoor splash pad. Young learners can also find homework pods and a study hall on-site. Adults at Continuum Club & Residences can relax while working from home in the outdoor garden or cabanas with WiFi, the waterfront board room with A/V capabilities, or the executive lounge with work pods and a waterfront workspace terrace. Furry friends are celebrated at the development, where they have access to amenities such as an outdoor dog park, an indoor dog wash and spa, a companions lounge and The Island Walk, a waterfront promenade featuring a dog walk.

Renderings via Williams New York

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Duncan Robinson of The Miami Heat Purchases Unit at Villa Miami

Terra and One Thousand Group, developers of Villa, the first luxury condominium tower branded by the hospitality powerhouse, Major Food Group (MFG), confirmed the sale of a residence valued at $4.6 million to Duncan Robinson, a forward for the NBA’s Miami Heat. The announcement comes on the heels of the property’s September sales launch.

Terra and One Thousand Group, developers of Villa, the first luxury condominium tower branded by the hospitality powerhouse, Major Food Group (MFG), confirmed the sale of a residence valued at $4.6 million to Duncan Robinson, a forward for the NBA’s Miami Heat. The announcement comes on the heels of the property’s September sales launch.

The 29-year-old, New Hampshire native purchased an expansive three-bedroom, three-and-a-half-bath condominium in Edgewater’s most exclusive residential offering. The 3,000-square-foot half-floor residence features large east and west-facing balconies, 10’ ceilings, floor-to-ceiling windows as well as custom wood flooring and doors. Designed by Vicky Charles of New York Design Studio Charles & Co., the building’s interior is outfitted with noble materials including travertine marble, wood flooring and soft lighting throughout.

Located at 710 NE 29 Avenue, Villa’s living experience encompasses land, air and sea, complete with a helipad and a private dock equipped with a boat slip overlooking unobstructed views of Biscayne Bay. The tower will also unveil MFG’s first waterfront restaurant with two floors of dining rooms, bar seats and private lounge space.

“I was attracted to the area first - Edgewater is Miami’s most ‘up and coming’ neighborhood featuring luxury buildings with incredible bay views and some of Miami’s best restaurants. Its proximity to downtown and Miami Beach really makes it a no-brainer.” says Robinson. “I love that Major Food Group will have not only a restaurant right downstairs, but also will be managing all the hospitality in the building for owners. I’m a fan of the brand and believe in the value it brings to the building.”

Inspired by MFG’s acclaimed dining concepts, Villa boasts a wide selection of food and beverage amenities including a residents-only juice bar and coffee lounge, on-site event catering as well as at-home private chef services or cooking lessons. Robinson will have access to the tower’s private Member’s Club featuring an array of spaces for every gathering and convenience, from a curated library, intimate lounge rooms, boardroom and private offices, screening rooms and more. Additionally, Villa grants its residents VIP status at all MFG restaurants, with early access and invitations to all brand events and openings.

“Robinson was attracted to the building’s high barrier to entry and its exclusivity with limited, high-value vertical residences,” said Julian Calderin of Douglas Elliman, who along with colleague Caroline Nava represented the buyer. Sari Libbin Shapiro, Sales Executive at Villa Miami, represented the development.

“Villa offers a new proposition for living in Miami,” said David Martin, CEO of Terra. “This project combines excellence in development, design, dining and hospitality, which makes it an entirely novel concept for Miami. Villa will afford residents all the luxuries, conveniences and amenities of high-rise living, along with the expansive living space and floor plans that they would expect from an estate home.”

“Coming from One Thousand Museum, we’re extremely proud to be working on yet another transformative project,” added Kevin Venger, Co-Founder of One Thousand Group. “I had an opportunity to spend some time with Duncan and discuss the lifestyle we are creating at Villa, and we are all excited to have him as one of our residents.”

Beyond the services, the tower’s health and wellness amenities create a refuge for relaxation. Residents are invited to a spa experience inspired by Ischia’s Mezzatorre thermal spas, containing marble plunge pools, an herbal steam room and various treatment rooms.

The state-of-the-art fitness center features yoga and boxing rooms, locker rooms and private or group fitness classes. Additionally, Villa’s elevated pool deck is fully serviced by MFG-trained staff and outfitted with a variety of lounges.

Douglas Elliman is the exclusive sales and marketing partner for the project.

Renderings via Binyan Studios

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Witkoff Reveals One-of-a-Kind $37.5 Million Oceanfront Home 'Beach House at The Shore Club'

Witkoff has revealed ‘Beach House at The Shore Club Private Collection’, a one-of-a-kind oceanfront Robert A.M. Stern-designed home within The Shore Club Private Collection five star resort. The $37.5 million Beach House spans 8,237 SF spread over 4 bedrooms, 4 bathrooms, 3 powder rooms and staff quarters.

Witkoff has revealed ‘Beach House at The Shore Club Private Collection’, a one-of-a-kind oceanfront Robert A.M. Stern-designed home within The Shore Club Private Collection five star resort. The $37.5 million Beach House spans 8,237 SF spread over 4 bedrooms, 4 bathrooms, 3 powder rooms and staff quarters. A rare oceanfront single-family home, Beach House offers privacy and individuality together with all the luxuries and amenities of The Shore Club Private Collections’s exceptional beachfront club.

“Our design for Beach House evokes the romance of the great eras of Miami Beach architecture: Art Deco, Miami Modern and the city’s rebirth as a 21st-century destination.” said architect Robert A.M. Stern.

Nestled in its own botanical oasis overlooking the ocean, Beach House is as private as private gets. An architectural jewel inspired by the dazzling and dramatic fusion of Art Deco, Miami Modern and 21st-century design, has been masterfully imagined by Robert A.M. Stern Architects to complement the alluring aesthetic of The Shore Club Private Collection. The sprawling, sunlit, glass-bathed residence offers a discreet entrance leading to lush landscaping at the ocean’s doorstep. The home features a host of outdoor terraces, a custom triple-height staircase and an infinity-edge rooftop pool looking out to the ocean. In addition to the seclusion of a private oceanfront house tucked away behind lush botanical gardens, Beach House is afforded its own exclusive direct access to the private residential pool, gym, hot tub and poolside bar.

“We designed distinct outdoor spaces for every level of Beach House: a secluded covered loggia on the garden level; a main-level terrace off the living rooms scaled for entertaining; a primary-suite terrace; and an ocean terrace with a private infinity-edge dipping pool overlooking the ocean.” said Paul Whalen, a Partner at Robert A.M. Stern Architects.

The reinvention of the Shore Club Private Collection is a united vision in partnership with Auberge Resorts Collection. The residences will be serviced by Auberge but will offer privacy and seclusion within the five star resort. The collection of amenities and services exclusive to residents include a discreet porte cochere entrance, three separate swimming pools including a private residential pool, 75-foot lap pool and a leisure pool, state-of-the-art fitness center, library, lounge and other amenities. Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with numerous in-home offerings, as well as access to Auberge’s world-class spa, concierge services, housekeeping, beach club and culinary experiences, including in-residence dining, house sommelier services, a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more.

Building on the rich history of Miami Beach’s Art Deco and modernism design style, while also fostering a seamless connection to its iconic location, Shore Club Private Collection will be home to 49 residences designed by award-winning New York-based firm, Robert A.M. Stern Architects. The architect is behind some of New York City’s most successful buildings, including 220 Central Park South and its predecessor, 15 Central Park West. Shore Club will be set on three oceanfront acres with lush botanical gardens curated by renowned landscape architect Nathan Browning of Island Planning Corporation.

The development is the first residential oceanfront project designed inside and out by Robert A.M. Stern and includes a ground-up new building, The Tower, a newly reimagined Art Deco building originally completed in 1939, The Cromwell House, and The Beach House, a signature single-family beach house. Each component relates architecturally yet is artistically distinctive, envisioned to maximize vistas and light with the curvature of each home to deliver a product that does not yet exist in the Miami market. The interiors further this vision, taking inspiration from yacht design and the patterns and movement of the ocean waves and sand on Miami’s coastline. RAMSA collaborated with Miami-based Kobi Karp Architecture & Interior Design on the architecture.

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Mathieu Massa Sells Sunset Island Waterfront Estate For Record-Breaking $32 Million

Real Estate and Hospitality visionary, Mathieu Massa, Founder and CEO of Massa Investment Group and Mr. Hospitality Miami which owns Queen Miami Beach, continues to redefine luxury real estate throughout South Florida with the successful sale of a prime waterfront Sunset Island property located at 1826 W 23 ST in Miami Beach, setting a historic record of $5,218 per square foot.

Real Estate and Hospitality visionary, Mathieu Massa, Founder and CEO of Massa Investment Group and Mr. Hospitality Miami which owns Queen Miami Beach, continues to redefine luxury real estate throughout South Florida with the successful sale of a prime waterfront Sunset Island property located at 1826 W 23 ST in Miami Beach, setting a historic record of $5,218 per square foot.

The 6,132 square foot residential property, listed by Dina Goldentayer and Julian Cohen from Douglas Elliman at $36,000,000.00 sold on Friday, November 17th, 2023 for $32,000,000.00. The property sold only 6 weeks after the listing agreement was signed. The sale price represents an 11.11% discount on the asking price and the buyer, whose identity was not disclosed, closed cash within 10 business days after getting under contract. The buyer was represented by Marko Gojanovic and Reid Heidenry from One Sotheby’s International Realty.

1826 W 23 St stands as an embodiment of picturesque luxury in Miami Beach. Nestled within the sought-after Sunset Islands neighborhood—a haven for Miami's elite real estate connoisseurs— the residence radiates magnificence at every turn.

In April 2014, Mathieu Massa through 1826 W 23 ST LLC an entity he controlled, acquired the land for $5,750,000.00 embarking on an ambitious project that consisted of using modern technology to build one of the first contemporary Indonesian-style residential properties in the city.

Under the guidance of acclaimed architect Cesar Molina of CMA Design Studio and interior designers Dunagan & Diverio Design Group, Massa developed this residence with unparalleled opulence and class. His versatile talents and expertise are well-known by an infusion of European elegance and sophistication. This added value not only distinguishes Massa’s endeavors but also significantly contributes to his trailblazing record-breaking deals and accolades, further establishing him as an industry leader.

This single-family dwelling stands atop natural honed limestone and oak flooring, surrounded by rich millwork embracing the fireplace room, an elegant dining area with a wine cellar, and an office overlooking a tranquil koi pond amidst floating gardens. Boasting a backdrop of the Southwest Downtown skyline, this modern masterpiece comprises seven suites, including a guest pavilion.

Its expansive kitchen features luxurious leathered marble, a private prep area, and a family room with telescopic doors revealing stunning water vistas. Outdoor entertaining spaces include a covered TV lounge, a sleek knife-edged pool, an inviting bar, a summer kitchen, and 75 feet of waterfront access leading to the ocean. The residence offers additional amenities such as an elevator, a privacy gate, and a sophisticated smart Savant system, defining luxury and sophistication in today’s real estate landscape.

The recently sold property exemplifies Massa Investment Group's commitment to excellence, representing a seamless fusion of refinement, innovation, and superior craftsmanship. Last month, Massa and interior designer Carlos Rodriguez of Escala Forma, who recently refurbished 1826 W 23 ST before it was listed, won the 2023 prestigious award of Best Restaurant & Bar Design award in the world for Queen Miami Beach, a Japanese Steak House located at the Historic Paris Theater on 550 Washington Avenue in Miami Beach.

Images via Become Legendary

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Casa Bella Residences by B&B Italia Locks Down $240 Million In Financing Following Groundbreaking

Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.

Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management. The capital infusion will fund the construction of the 56-story Italian-inspired condominium tower, which is slated to reach completion in 2026.

“We’re proud to partner with Cain to bring Casa Bella Residences by B&B Italia to life,” said Nick Pérez, President of Related’s Condominium Division. “This collaboration underscores our commitment to creating an exceptional residential product that will enhance and elevate the surrounding neighborhood. The capital infusion strengthens our ability to deliver on this commitment, as we redefine the standard for design-driven living within one of Miami’s most in-demand residential destinations.”

Located at 1400 Biscayne Boulevard, Casa Bella represents the first residential partnership for the famed Italian design house, B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès, and Rolls-Royce. With architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.

The transaction builds upon Cain’s existing investments in Miami which include 830 Brickell, Una Residences and The Delano. Cain has originated over $7.5 billion in loans globally since its founding in 2014 and has committed over $2 billion in new loans throughout the United States since 2019.

“This was an opportunity to build on the core principles that have guided our lending strategy to date; working with outstanding sponsors to deliver exceptional assets in markets we believe in,” said Matthew Rosenfeld, Head of U.S. Debt at Cain International. “We are thrilled to be partnering with Related as they continue to shape the future of this leading global city.”

Newmark arranged the transaction with a Debt and Structured Finance team led by Co-Presidents Jordan Roeschlaub and Dustin Stolly alongside Executive Managing Director Nick Scribani, and Holden Witkoff.

Over 80% of Casa Bella’s 319 residences are now in contract. Earlier this year, Casa Bella set a price record with a contract signed for a 5,893-square-foot triplex penthouse for $12.6 million, or $2,138 per square foot, signifying the neighborhood’s most expensive condominium sale on a price-per-square-foot basis.

The residences at Casa Bella range from one to four bedrooms and feature soaring ceilings, sweeping views, private elevator access, state-of-the-art kitchens with Sub-Zero and Wolf appliances, and an exquisite selection of European fixtures hand-picked by the B&B Italia team. Casa Bella’s Penthouse Collection comprises 10 meticulously designed homes with seven distinct floor plans, the crown jewel of which is a pair of 54th-floor triplex residences with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens with panoramic water views. The 54th floor is also home to two duplex penthouses, spanning 4,100 and 4,560 square feet.

To further elevate the luxurious lifestyle experience, Casa Bella offers two full floors of amenities complete with stunning vistas overlooking Biscayne Bay. Offerings include a spacious venue for hosting events, a wine vault and private tasting lounge, as well as a plush private theater and co-working spaces. A world-class wellness center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts, and manicure/pedicures.

Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower’s rooftop pool and terrace, which is complete with a state-of-the-art observatory.

Fortune International Realty is the building’s exclusive sales and marketing agent with a sales team led by Olga Monson.

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Stock Residences Breaks Ground On The Ritz-Carlton Residences, Naples

The Ritz-Carlton Residences, Naples, the first Ritz-Carlton-branded private residences in Naples, FL, has broken ground. With an idyllic setting flanked by Vanderbilt Beach and the Gulf of Mexico to the west and Vanderbilt Lagoon to the north, The Residences are slated for delivery in 2026 and will feature a limited collection of just 128 dwellings and penthouses, along with over 50,000 SF of amenities, spread throughout five boutique buildings.

The Ritz-Carlton Residences, Naples, the first Ritz-Carlton-branded private residences in Naples, FL, has broken ground. With an idyllic setting flanked by Vanderbilt Beach and the Gulf of Mexico to the west and Vanderbilt Lagoon to the north (250 Center Street North, Naples, Fla.), The Residences are slated for delivery in 2026 and will feature a limited collection of just 128 estate-like dwellings and penthouses, along with over 50,000 SF of amenities, spread throughout five boutique buildings. The lush, six-acre development, which is being developed by Naples-based STOCK Development, is more than 50% sold, equating to $300 million in pre-construction sales.

“This is a landmark moment for us,” said Brian Stock, CEO of STOCK Development. “Our dream for this project has been meticulously crafted and perfected over the course of many years, so to be celebrating this latest accomplishment, propelling us forward, is a point of overwhelming pride. Even before we began putting shovels in the ground, global interest was rapidly rising, as evidenced by the phenomenal response among homebuyers. Savvy consumers know full well that what we are creating here, in the heart of one of Naples’ most beloved communities, will offer an opportunity for sophisticated, Gulf-front living that cannot be replicated.”

The Residences’ architecture and designs have been uniquely inspired by the unspoiled beauty that surrounds them.  Under STOCK’s direction, a trio of visionaries has crafted the haven-like retreat: Curts Gaines Hall Jones (CGHJ) Architects, internationally renowned interior designer Cristian Pinedo of SUSURRUS, and landscape architectural firm Booth Design Group and J.R. Evans Engineering.  The general contractor is nationally acclaimed Suffolk.

The Ritz-Carlton Residences, Naples will include three, four, and five-bedroom homes, penthouses, and Grand Penthouses, which start at $3.7 million. The exquisitely designed offerings will have expansive terraces as well as contemporary European-style kitchens and baths, Cambria quartz countertops, 10 to 12-foot ceilings, Wolf and Sub-Zero appliances, porcelain and wood floors, and private elevator entrances.

Amenities, which are numerous and highly distinct, comprise a 22-slip marina, verdant park with walking trails, a putting green, and covered pavilions, and The Vanderbilt Club -- a spectacular, 28,000-square-foot club with a Grand Owner’s atrium and lobby lounge, private restaurant, business center and coffee lounge, state-of-the-art fitness center, and a full-service spa. There will also be rooftop lounges, a kids’ room, a teen room with a Formula 1 simulator, and a club lounge with a golf simulator and private theater, among other features. The project will additionally have 22,000 square feet of outdoor amenities, including a resort-style pool, lap pool, cabana suites, and fire pits. The Residences are furthermore located directly between Naples’ two existing Ritz-Carlton hotels -- both of which are approximately three miles apart.

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Only Luxury Condominium to be Delivered in South Beach This Year Tops Off

Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge.

Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge. The 519-foot development will become the tallest building in Miami Beach upon its completion in 2023.

"Five Park delivers on every element of luxury living as the tallest tower on Miami Beach.  Uniquely connecting the South of Fifth neighborhood to the West Avenue district, Five Park brings the park to the boardwalk as the only tower rising in the area," said Jay Phillip Parker, President of Douglas Elliman Development Marketing, Florida. “It’s a project that elevates the caliber of the neighborhood and a perfect representation of a development built to meet the discerning demands of Miami’s new buyer’s needs. Five Park achieves an unprecedented level of quality, very different from what has been built in the last decade, thanks to David and Russell’s collaboration and their unique understanding of the surrounding needs.”

Rising on the edge of Miami Beach, the 48-story tower has unveiled 50,000 square feet of diverse amenity spaces with a choreographed team available round-the-clock. On the 6th floor, overlooking city and bay views, residents are invited to The Park Club. Anchored by an expansive pool and café terrace, the elevated oasis features a lap and family pool with covered cabanas, loungers and social spaces with indoor or al fresco dining options. Additionally, The Park Club amenity level features a variety of wellness, work and entertainment spaces including a fully outfitted gym and spa treatment rooms, a co-working area with private offices and board rooms, screening rooms and more. On the ground floor, Five Park boasts its very own backyard oasis, Canopy Park. Spanning three acres, the community amenity offers a refuge from city living with a botanic garden, interactive MONSTRUM playground, dog park and event lawn. 

Five Park was conceptualized by a visionary team of designers, architects and tastemakers with an exceptional understanding of beauty, functionality and service. The roster of project collaborators includes interior design firm Gabellini Shepard; Arquitectonica, leading architectural plans; design maven Anda Andrei; French conceptual artist, Daniel Buren; and Sarah Harrelson, founder of Cultured Magazine, leading the interior art curation.

Five Park also has revealed the Canopy Bridge, set to break ground in early 2024, an overhead bridge designed by Daniel Buren, recognized worldwide for his site-specific art installations. The 158-foot-long enclosed pedestrian tube will connect the site anchored by Five Park to the South of Fifth neighborhood for the first time.

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