PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) have secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami.
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Waldorf Astoria Residences Miami Reveals $50 Million Penthouse
National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City.
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The Elser Hotel & Residences Miami Closes On $80 Million In Sales In Less Than 60 Days
The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.
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Largest Penthouse In The United States Sold At Waldorf Astoria Residences Miami
The crown-jewel penthouse at Waldorf Astoria Residences Miami, which will become the largest penthouse in the United States high-atop Miami’s first supertall tower, has sold for an undisclosed price. The five-story, 33,000+ square foot “Mansion in the Sky” will be the tallest residential unit south of Manhattan.
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Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami
The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT).
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PMG and Greybrook Celebrate Revealing Of The Elser Hotel & Residences With Sunset Soirée
On Wednesday, August 3rd, PMG and Greybrook hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne.
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PMG and Greybrook Launch The Elser Hotel & Residences In Downtown Miami
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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Florida's First Supertall Tower Waldorf Astoria Miami Reaches 72% Sold Just Months After Launching Sales
PMG, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT) have announced that Waldorf Astoria Miami has sold 72% of its residential inventory in 9 months since launching sales.
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PMG Reveals Sky Collection At Waldorf Astoria Residences Miami
PMG has revealed the Sky Collection at Waldorf Astoria Residences Miami, a luxury supertall on Downtown Miami’s Biscayne Boulevard. Situated nobly above the clouds, the exclusive Sky Collection at Waldorf Astoria Miami is adorned with the most pristine, modern and luxurious touches synonymous with Waldorf Astoria’s legacy, reimagined for a home that exceeds even the highest of expectations.
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PMG and Miami Parking Authority Announce New Green Initiative for Downtown Miami
Miami-based developer PMG announced a collaboration with the Miami Parking Authority (MPA) to create a new green community initiative in Downtown Miami. The two blocks of green space, located steps away from PMG’s recently launched Waldorf Astoria Residences Miami, will function as a transition from the city hardscape to a lush oasis.
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