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Merrimac Ventures and Aria Development Group Lock Down $95 Million Construction Loan for Sold-Out 600 Miami Worldcenter

February 5, 2024

A joint venture between South Florida-based developers Merrimac Ventures and Aria Development Group is preparing to break ground on 600 Miami Worldcenter, a 32-story condominium tower set within Downtown Miami’s Miami Worldcenter 27-acre mixed use development, following locking down a $95 million construction loan from Banco Inbursa.

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In Commercial, Banking, Development, Development News, Downtown, Finance & Banking, News, News & Features Tags News & Features, News, Development News, Development, Merrimac Ventures, Aria Development Group, 600 Miami Worldcenter, Miami Worldcenter, Downtown Miami, Commercial, Short Term Rentals, Dev Motwani, Banking, Finance, Financing, Finance & Banking, Banco Inbursa, 600 NE 1st Ave., David Arditi, Featured, Link In Bio
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2200 Brickell Secures $77 Million Construction Loan from Bank OZK

October 5, 2023

Aria Development Group, Largo and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story luxury condominium development on Brickell’s lush Millionaire’s Row. The construction financing was provided by Bank OZK which was represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023. Residences are priced from $1.2 million

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In Banking, Brickell, Commercial, Development, Development News, Finance & Banking, News, News & Features, Residential, Sustainable Building Tags News & Features, News, Development News, Development, 2200 Brickell, Bank OZK, Residential, Brickell, October 2023, Aria Development Group, Place Projects, Largo, ODA New York, WELL Certified, Sustainable Building, Revuelta Architecture, Finance, Financing, Finance & Banking, Lending, Banking, Aztec Group, Hunton Andrews Kurth, King & Spalding, David Arditi, Joe Furst, Link In Bio
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Aria Development Group Delivers The Sold-Out YOTELPAD Miami In Downtown Miami

June 10, 2022

New York and Miami-based Aria Development Group is pleased to announce the completion of YOTELPAD Miami, a 31-story condominium and hotel in the heart of Downtown Miami. The stylish mixed-use project was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions.

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In Commercial, Development, Development News, Downtown, News, News & Features, Residential Tags Aria Development Group, YOTEL, YOTELPAD Miami, YOTELPAD, YOTEL Hotel & Apartments, AQARAT, News, News & Features, Development News, Development, Commercial, Residential, Short Term Rentals, David Arditi, June 2022, Downtown, Downtown Miami
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YOTELPAD Miami Reaches 50% Sold Six Months After Launching Sales In Downtown Miami

YOTELPAD Miami Reaches 50% Sold Six Months After Launching Sales In Downtown Miami

February 4, 2019

Aria Development Group, a New York and Miami-based real estate investment and development company, along with joint venture partner, AQARAT, one of Kuwait's leading real estate companies, has announced that YOTELPAD Miami is now 50% sold just six months after launching sales in June 2018.

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In Commercial, Downtown, Hotels, News, New Construction, Residential, Sales Update, Mixed Use Tags Stantec, YOTELPAD Miami, YOTEL, YOTELPAD, YOTEL Hotel & Apartments, News, Jennifer Llop-Noy, Adriana Jaegerman, 227 NE 2nd Street, Downtown, Downtown Miami, Hotel Condo, Short Term Rentals, Aria Development Group, AQARAT, OneWorld Properties, Sales Update, Peggy Olin, David Arditi, Fahad Al-Shamlan, Commercial, Hotels, Hotel, New Construction, Mixed Use, Residential
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Downtown Miami's Planned YOTEL Will Launch As Residential-Hotel Hybrid Concept YOTELPad Miami

Downtown Miami's Planned YOTEL Will Launch As Residential-Hotel Hybrid Concept YOTELPAD Miami

January 18, 2018

YOTEL, which was approved in July by Miami's Planning & Zoning Department, will launch as the first East Coast location of their new YOTELPAD concept. Located at 227 NE 2nd Street, the YOTELPAD will be a 29 story tower designed by Stantec, will include both 208 residential units and 250 micro-sized hotel units. 

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In Downtown, Hotels, Commercial, News Tags YOTEL, YOTEL Hotel & Apartments, Commercial, News, Downtown, Stantec, Aria Development Group, AQARAT, David Arditi, Hotel, Hotels, Hotel Condo
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