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Blackstone Buys W Fort Lauderdale in Multimillion-Dollar Deal to Steve Ross’s Related
After more than a decade under the ownership of Steve Ross' Related Companies, the iconic W Fort Lauderdale has changed hands in a significant transaction. As indicated by records, New York-based Blackstone, spearheaded by CEO Stephen Schwarzman, has acquired the 346-key oceanfront hotel for a...
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Transformative Trend: South Florida Malls Undergo Conversion into Mixed-Use Developments by Major Developers
Electra America and BH Group are set to revolutionize the landscape of Cutler Bay's Southland Mall with their visionary project, Southplace City Center. The ambitious $1 billion makeover commences with demolishing a big box store currently leased by Ross Dress For Less, paving the way...
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Dolce&Gabbana's Opulent Debut: Introducing 888 Brickell, Miami's Luxurious Condo Hotel
In a daring move into the American real estate market, Dolce&Gabbana presents its first venture, 888 Brickell, in partnership with JDS Development Group. This project marks the transformation of a seven-story office building into a magnificent high-rise condo hotel, reaching heights of over 1,000 feet....
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Luxury Unveiled: Aston Martin Residences Debut Amidst Glitz and Glamour
Miami's downtown skyline was set ablaze with the symphony of a marching band serenading the grand opening of Aston Martin Residences, a beacon of luxury rising from the waterfront. As "Celebration" by Kool & the Gang filled the air, a distinguished gathering, including the Coto...
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Riverside 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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Introducing 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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Larry 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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Black 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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Unveiling 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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Introducing 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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Terra'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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Florida'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...