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An 11-story former condo building at 175 SE 25th Road, which was built in 1971 ,has been demolished, clearing the way for the highly-anticipated condo tower Una Residences to break ground in the near future. Una Residences is being developed by OKO Group, led by Vladislav Doronin, and Cain International.
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Villa Valencia, a condominium under development in Coral Gables, offers units which are integrated with DARWIN features by Delos
Wellness Real Estate Is On The Rise. Inside Healthy Homes With Cyber-Wellness.
The world’s first home automation system was invented in 1966 by Jim Sutherland. ECHO IV, or Electronic Computing Home Operator, allowed users to control their home’s temperature, store recipes or shopping lists, and power appliances. However, ECHO was never commercially sold.
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Midtown Miami's Most Amenitized Luxury Apartment Tower, Gio Midtown, Receives TCO
Gio Midtown has just received its Temporary Certificate of Occupancy (TCO) from Miami-Dade County. The 447-unit and 39-story tower, which was jointly developed by Magellan Development Group and institutional investors advised by J.P. Morgan Asset Management, began to welcome its first residents on April 15.
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Check Out Kobi Karp's Newly Listed Waterfront Home On Allison Island Asking $7.999 Million
Kobi Karp and Nancy Karp, leaders of one of South Florida’s most prolific architecture firms, Kobi Karp Architecture & Interior Design, have listed their Allison Island home for $7,999,000 with Dina Goldentayer and Cyril Matz of Douglas Elliman.
Read MoreRewind: Edgardo Defortuna Jay Parker and Carlos Rosso on COVID-19 Impact on Residential Real Estate in South Florida
On April 22, 2020 PROFILEmiami hosted an interactive webinar discussion focusing on the impact that the COVID-19 pandemic will have on the residential real estate markets in South Florida. We explored topics such as how are South Florida’s leading real estate professionals are reacting to the crisis, how will the markets be impacted, what future opportunities may present themselves and how will lifestyle changes due to the pandemic, quarantine and social distancing change how we think about and develop residential real estate.
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Fontainebleau Miami Beach's $975 Million CMBS Loan Entered Special Servicing March 30
The $975 million commercial mortgage-backed security loan (CMBS) issued in November 2019 for the 846-room Fontainebleau Miami Beach, located at 4441 Collins Ave., entered special servicing on March 30. When issued the loan was the largest CMBS hotel loan in South Florida.
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Eyzenberg & Co. Secures $21.3 Million Loan For Weiss Group of Companies Kobi Karp-Designed Towers at Blue Lagoon
Weiss Group of Companies has secured $21.3 million in bridge financing for the Kobi Karp-designed Towers at Blue Lagoon, which will replace a previous loan and fund predevelopment costs. Weiss Group has owned the 7-acre site located near Miami International Airport since the 1970s.
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JOIN US FOR A WEBINAR: COVID-19 IMPACT ON RESIDENTIAL REAL ESTATE IN SOUTH FLORIDA
Join PROFILEmiami for an interactive webinar discussion focusing on the impact that the COVID-19 pandemic will have on the residential real estate markets in South Florida. We will explore topics such as how are South Florida’s leading real estate professionals reacting to the crisis, how will the markets be impacted, what future opportunities may present themselves and how will lifestyle changes due to the pandemic, quarantine and social distancing change how we think about and develop residential real estate.
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Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage
The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has locked down a $49 million mortgage from Citibank at 60 Blossom Way in Palm Beach. The loan was arranged by Providencia Partners. Griffin originally purchased the 18,452 SF mansion, which was built in 2008 and sits on 3.6 acres, in September 2019 in cash from real estate investor Frank McCourt.
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Residents at Icon Brickell Host Parties As David Guetta Plays "United At Home" Set On Pool Deck Despite COVID-19 Social Gathering LIMits
In what was supposed to be an evening of fundraising and hope, a backlash has now swept through the Miami community. On April 18 David Guetta teamed up with the Miami Downtown Development Authority to host a 2 hour “United at Home” fundraising concert on the pool deck of Icon Brickell.
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