Formula 1 will be coming to Miami in 2022 and will be hosting a Miami Grand Prix at Hard Rock Stadium in Miami Gardens. Hard Rock Stadium will be the 11th location to host a Formula 1 Grand Prix in the United States with 2022 being the first of a 10-year deal.
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Tricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
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Ironstate Development Closes On Wynwood Development Site For $15.6 Million
Ironstate Development has closed on the acquisition of a 1.29-acre development site in Miami’s trendy Wynwood neighborhood for $15.6 million. Miami Beach-based developer Lucky Shepherd had put the development site under contract prior to the pandemic but the contract was ultimately assigned.
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Ronny Finvarb Acquires Alton Road Site In Sunset Harbour For Luxury Boutique Hotel
Miami Beach developer Ronny Finvarb has closed on a site on Alton Road at the entry to the popular Sunset Harbour neighborhood where he plans a boutique hotel. Finvarb paid $4 million for the 10,200 square foot site which is located at 1790 Alton Road.
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Kolter Urban Launches Tallest Luxury Condo on Fort Lauderdale Beach
Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, has launched Selene Oceanfront Residences, a luxury condominium development located directly across from the award-winning Las Olas Beach at 3000 Alhambra Street.
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Last Mile Investments Acquires Jupiter Retail Plaza From Elion Partners For $18.5 million
The Cincinnati-based Last Mile Investments have acquired the Pennock Square retail plaza in Jupiter for $18.5 million from the North Miami Beach-based Elion Partners, led by Shlomo Khoudari. Huntington National Bank financed the deal with a $12.95 million mortgage.
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Playboy Mansion Owner Daren Metropoulos Buys "Hurricane Proof" Oceanfront Estate In Miami Beach For $18 Million
A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has sold for $18 million to the owner of the Playboy Mansion, Daren Metropoulos. The home is located at 7815 Atlantic Way in Miami Beach’s Altos Del Mar beachfront community. Mark and Carolyn Keller were the sellers.
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The Collective Reveals nArchitets-Designed Co-Living Mixed Use Building In Wynwood
The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant.
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Mr. C Residences Coconut Grove Reveals New Renderings Of Meyer Davis-Designed Spaces
Mr. C Residences has revealed new renderings of their residences and amenity spaces designed by Will Meyer and Ignazio Cipriani. The images include a reveal of their newly released combo floorplans which merge the square footage of two units, featuring 5 bedrooms and bathrooms spanning across 6,981 sq. ft.
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Four Seasons Private Residences Fort Lauderdale Reaches 75% Sold With $15 Million Penthouse Sale
Sales have passed the 75% mark at Four Seasons Private Residences Fort Lauderdale, the first five-star development in Broward County, amid the sale of its massive $15 million penthouse. The sale of Penthouse 2201 comes as demand for bigger homes, with panoramic water views along Florida's oceanfront, is skyrocketing.
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