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Read moreRiverside Wharf Project in Downtown Miami Set for Groundbreaking in Late 2024
In collaboration with MV Real Estate Holdings and Merrimac Ventures, Driftwood Capital has announced the anticipated groundbreaking timeframe for downtown Miami's Riverside Wharf project. The construction is scheduled to commence in the latter half of 2024; the $267 million development is poised to be a...
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Read moreIntroducing Four Seasons Private Residences Coconut Grove: A Paradigm of Luxury Living in South Florida
South Florida's esteemed real estate developers, CMC Group, under the leadership of Ugo Colombo, and Fort Partners, led by Nadim Ashi, have joined forces with the renowned luxury hospitality brand Four Seasons to unveil the exclusive Four Seasons Private Residences Coconut Grove. This prestigious development...
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Read moreLarry Robbins, Billionaire Hedge Fund Manager, Relocates to South Florida
Renowned hedge fund manager Larry Robbins is the newest addition to the cohort of New York billionaires flocking to South Florida. Unlike many of his peers who are transplanting their families and companies, Robbins has opted to keep his firm, Glenview Capital Management, rooted in...
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Read moreBlack Lion's $63M Acquisition: Miami Beach Mixed-Use Building
Robert Rivani's Black Lion has made its boldest move yet in South Florida, securing its largest purchase amidst fierce competition in Miami Beach's office market. The Miami-based commercial real estate investment firm acquired a Miami Beach mixed-use building for $62.5 million, representing a significant 42...
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Read moreUnveiling the Illuminated Splendor of Five Park Tower in South Beach
Five Park Tower, a soaring 48-story skyscraper, has now illuminated the skyline of South Beach, marking a significant milestone in its development journey. Breaking ground in 2021 at the gateway to South Beach, this architectural marvel stands taller than any other building in Miami Beach,...
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Read moreIntroducing Viceroy Brickell - The Residences: A Fusion of Luxury and Style in Miami's Dynamic Hub
This inaugural residential venture by Viceroy brings a fresh wave of elegance and allure to Brickell's bustling financial epicenter. With interiors crafted by the acclaimed studio Meyer Davis and architecture by the renowned Arquitectónica, Viceroy Brickell stands out for its unique blend of luxury and...
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Read moreTerra's David Martin Acquires Stake in Deauville Miami Beach Site, Announces Reconstruction Plans
Developer David Martin has acquired a minority stake in the former Deauville Beach Resort site, a property that billionaire developer Stephen Ross had under contract two years ago. Deauville Associates, led by the Meruelo family, sold a 25 percent interest in the 3.8-acre oceanfront property...
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Read moreFlorida's Ritziest Neighborhoods Surpass California and New York in Real Estate Wealth Growth
Florida's elite neighborhoods, such as Coral Gables and Naples, have made a striking ascent, surpassing traditional high-value markets in California and New York. Zillow Group Inc. data reveals a significant shift: while California held six of the ten priciest neighborhoods in February 2020, Florida and...
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Read moreRecord-Breaking $18 Million Sale Marks Bay Harbor Islands' Priciest Single-Family Home Transaction
Matias Alem and Sergio Balinotti at BRG International facilitated this high-profile transaction and represented the buyer. Jill Hertzberg and Danny Hertzberg of the Jills Zeder Group at Coldwell Banker acted on behalf of the seller. In a landmark transaction for the bayfront enclave, a sprawling...
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Read moreSouth Florida's 2024 Forbes Billionaires: A Mix of Familiar Faces and New Entrants
The 2024 Forbes World's Billionaires List sees a notable presence from South Florida, featuring a blend of recurring honorees and five local newcomers, including the CEO of a top public company and a seasoned homebuilder. Forbes reported a record-breaking number of billionaires worldwide, totaling 2,781...
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Read moreAuberge Resorts Collection to Oversee The Shore Club Resort & Residences in Miami Beach Transformation
Auberge Resorts Collection, renowned for its exquisite luxury hotels, resorts, and residences, has been chosen by the Miami-based developers Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach. Set to reopen in 2027, the rejuvenation of...
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Read moreJeff Bezos Expands Exclusive Miami Property Portfolio with $90 Million Purchase
Jeff Bezos, the billionaire Amazon founder, continues to broaden his real estate footprint in Miami as part of his relocation from Seattle. His most recent acquisition, a $90 million purchase of a third residence on Indian Creek Island, underscores his commitment to the exclusive enclave,...