Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
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2200 Brickell Secures $77 Million Construction Loan from Bank OZK
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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Sales Gallery
St. Regis Residences Miami Reveals New Renderings and Ultra-Luxury Sales Gallery
The St. Regis Residences Miami (The Residences) has revealed new renderings and images of its newly unveiled ultra-luxury sales gallery. Located within the prestigious South Brickell neighborhood, The Residences is set to rise 50-stories on South Brickell’s waterfront, offering a bespoke experience synonymous with the St. Regis brand.
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Dolce&Gabbana and JDS Launch Fashion House's First Global Residences and Hotel at 888 Brickell Supertall Tower
Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel.
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LOFTY Brickell Commissions Two More Artists For Its Rare NFT Collective To Be Gifted To Buyers At Closing
Forward-thinking real estate developer Newgard Development Group has commissioned two additional artists to create one-of-a-kind NFT pieces for its LOFTY Brickell condominium project. Newgard is integrating digital art into the DNA of the new residential building while transferring ownership of a custom NFT to each unit owner.
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Robert Rivani's Black Lion Set To Bring Mexican-Based Entertainment Restaurant RosaNegra's First U.S. Location To SLS Brickell
Real estate investor and President of Black Lion, Robert Rivani, is set to bring the U.S. debut of internationally-recognized entertainment restaurant RosaNegra to Miami’s Brickell Financial District. The Mexico-based Grupo RosaNegra signed a 10-year lease with Rivani to occupy the coveted ground floor space at SLS Brickell. Fabio Faerman and Sebastian Faerman with FA Commercial represented both sides of the transaction. The SLS Brickell location will be RosaNegra’s flagship outpost in the U.S. and its sixth location worldwide.
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Focus Reveals Plans For Residential Project At Former Starlite Motel East Site in Brickell
Focus, a Chicago-based real estate development and construction firm, has revealed plans for the redevelopment of the former Starlite Motel East site in Brickell. The project will be Focus’ first project in South Florida and follows the Miami-Dade County Board of Commissioners' recent approval of the rapid transit zone (RTZ) designation for the site where Focus plans to develop a new luxury housing development.
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First Penthouse At Cipriani Residences Miami Sells Just Weeks After Hitting Market For $16.2 Million
The first of six penthouses at Cipriani Residences Miami, the Cipriani brand’s first-ever ground-up residential tower in the nation which is being developed by Mast Capital, has sold just weeks after hitting the market for $16.2 million. Penthouse 1 is an impressive four-bedroom home with 9,221 SF of combined indoor and outdoor space. Listed at $16.2 million, translating to a record-breaking $3,333 PSF, the penthouse emulates the prestige of the Cipriani brand.
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Rendering via Binyan Studio
Honoring Tradition, Defining the Future: The St. Regis Residences, Miami
The St. Regis New York, founded by the visionary John Jacob Astor IV in 1904, played a pivotal role in the evolution of New York City’s Fifth Avenue. Rising as the tallest structure of its time, this architectural masterpiece not only reshaped Manhattan’s skyline, but also served as a pioneering model for innovation and excellence that revolutionized the hospitality industry.
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Newgard Development Reveals Skydeck At LOFTY Brickell
Forward-thinking real estate developer Newgard Development Group continues to differentiate its LOFTY Brickell condominium project with unique features and innovative concepts. In the latest example, Newgard is unveiling its plan for the building’s skydeck-- a versatile rooftop space that will be available as a venue for private events and will be an additional building amenity dedicated exclusively to LOFTY unit owners.
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