National investment and development firm PMG, alongside Toronto-based real estate private equity firm Greybrook, have launched The Elser Hotel & Residences, a 49-story new construction luxury condominium located at 398 NE 5th St. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space.
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PMG Announces Pre-Leasing For Society Biscayne In Downtown Miami
PMG will commence pre-leasing at Society Biscayne, the highly anticipated social living community on Biscayne Boulevard in Downtown Miami. Pre-leasing begins on Friday, December 10 with move-ins slated to begin in Spring 2022. The 49-story Society Biscayne is being developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners.
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PMG And Greybrook Realty Partners Top Off Society Biscayne Tower At 400 Biscayne Boulevard
PMG and Greybrook Realty Partners have topped off Society Biscayne, their 49-story social living community located at 400 Biscayne Boulevard in Downtown Miami. Construction is moving quickly with unit framing and installation of glass paneling surrounding the podium of the building is well underway.
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PMG, Greybrook Realty Partners and Hilton Launches Sales At The Carlos Ott-Designed Supertall Waldorf Astoria Hotel & Residences Miami
The luxury supertall hotel and condo tower Waldorf Astoria Hotel & Residences Miami has officially launched sales in Downtown Miami. At 100-stories the tower is be the tallest ever to launch sales in Miami, rising 1,041’. Construction is estimated to begin in March 2022 with completion in 2025.
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Bayfront Supertall Tower Waldorf Astoria Hotel And Residences To Launch Sales In March
PMG and Greybrook Realty Partners are gearing up to reportedly launch sales at Waldorf Astoria Hotel & Residences in March. A 6,144 square foot sales center is near completion nearby at 400 Biscayne. Waldorf Astoria Hotel & Residences is a luxury supertall tower which is slated to come to Downtown Miami at 300 Biscayne Blvd.
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PMG Locks Down $161.5 Million Construction Loan For 400 Biscayne
PMG and Greybrook Realty Partners have locked down a $161.5 million construction loan for the development of 400 Biscayne. The financing was provided by Centennial Bank and Square Mile Capital, the same group that provided the loan for PMG’s neighboring and completed project X Miami.
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PMG & Greybrook Realty Partners To Begin Demolition On 400 Biscayne
PMG and Greybrook Realty Partners have filed an application for a demolition permit to begin work on 400 Biscayne. The developers will demolish the 27,984 SF First United Methodist Church and BG Group has been listed as the demolition contractor.
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PMG Announces Official Acquisition of 400 Biscayne and Plan For XSC Social Community Residential Tower
Developer PMG, led by Kevin Maloney and Ryan Shear, is pleased to announce the acquisition of 400 Biscayne Boulevard for $55 million from the First United Methodist Church of Miami, Inc (FUMC). The project is the third property that Greybrook Realty and PMG have partnered on in South Florida. 400 Biscayne will fall under PMG’s X Social Communities portfolio.
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Greybrook Realty Partners and PMG Unveil Initial Renderings of 400 Biscayne
Just days after PROFILEmiami reported that the Toronto-based Greybrook Realty Partners had invested $32.2 million to fund the acquisition of 400 Biscayne Boulevard, the developer has released initial renderings for the project.
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Greybrook Realty Partners Invests $32.2 Million To Acquire 400 Biscayne Boulevard
Greybrook Realty Partners, from Toronto, has invested $32.2 million to fund the acquisition of 400 Biscayne Boulevard, which they will develop in partnership with Property Markets Group, PMG. The developers plan to build 690 residential units which will be targeted at millennials and students of Miami-Dade College, with an additional 20,000 SF of commercial space.
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