Fortune International Group and Blue Road have officially topped off Nexo Residences, marking a significant construction milestone for the 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach.
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Alba Palm Beach Closes On $95 Millon Construction Loan
Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.
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Fortune International Group and Blue Road Partnership Closes On Land For Next Residences For $16 Million
Fortune International Group, in partnership with Blue Road, has closed on a 1.74-acre site at 13899 Biscayne Boulevard for $16 million, paving the way for the future development of Nexo Residences. Nexo Residences is one of the first condo projects with short-term rental capability in the rapidly evolving city of North Miami Beach.
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PROFILE EXCLUSIVE: NEW RENDERINGS OF NEXO RESIDENCES IN NORTH MIAMI BEACH
Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.
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Fortune International Group And Blue Road Launch Nexo Residences, North Miami Beach Condo Allowing Short Term Rentals
Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences.
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CASA Boutique Hotel Opens on Washington Avenue, Miami Beach
The CASA Boutique Hotel recently opened at Miami Beach's 1334 Washington Avenue under the direction of developers Blue Road, led by Jorge Savloff and Marcelo Tenenbaum. Casa Boutique Hotel will feature 32 upgraded rooms at the site that housed the original, historic, Waldorf Building which was built in 1925. Blue Road kept the original exterior, Spanish style of the building while completely renovating the interior. Il Baretto, a new Italian restaurant which will offer tapas, fire-oven pizza and homemade pasta, is slated to open in March. Blue Road aims to offer affordable luxury to Miami Beach tourists that blends history and charm with modern luxury and technology.
