Real estate investment and development firm BH3 has relocated its South Florida offices from Aventura to Fort Lauderdale’s Progresso Village neighborhood. BH3 will occupy a 6,266-square-foot space at 819 NW 2nd Ave.
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The Oasis Wynwood Is Gearing Up To Open In A Few Weeks With Six New Restaurants
The Oasis in Wynwood is gearing up to open in the next few weeks with six restaurants and a 75’ tall “Tower Bar” made out of shipping containers featuring a mural by Antonio Marest. The restaurants include Mr. Mandolin, Prince Street Pizza, Los Buenos, Alidoro, Buya Dumplings + Buns, and Chikin.
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ROVR Development Launches Pre-Leasing At Grand Station Apartments In Downtown Miami
ROVR Development has launched pre-leasing for Grand Station Apartments, a 30-story apartment tower with 300 residences in Downtown Miami. The first tenants are expected to begin to move-in this summer. The $70 million development is a transformative public-private partnership with the Miami Parking Authority (MPA).
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RedSky Capital And JZ Capital Partners Sell Wynwood Block For $24 Million
A partnership between RedSky Capital and JZ Capital Partners has sold the retail building known as Wynwood Block for $24 million to Wynwood Block Realty LLC. The sale reflects a $2 million loss from the $26 million, $1,050 per square foot, the partnership paid for the property in 2015.
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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach
The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold.
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PROFILE Exclusive Podcast Season 1 Episode 1 Featuring Masoud And Stephanie Shojaee of Shoma Group
Season 1 Episode 1 of the PROFILE Exclusive Podcast by PROFILEmiami featuring Masoud and Stephanie Shojaee of Shoma Group is now LIVE on Spotify and Buzzsprout. Shoma Group is a real estate development and investment company with over 30 years of history and over $5 billion in completed real estate transactions.
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E11EVEN Hotel & Residences One Of Fastest Selling Projects Ever In Miami, Now Over 70% Sold In 3 Months
E11EVEN Hotel & Residences in Downtown Miami’s Park West neighborhood has become one of the fastest selling projects ever in Miami as the hotel-condo tower has surpassed 70% sold since launching sales in January.
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Blackstone Acquires MiamiCentral Office Buildings For $230 Million To Build Downtown Miami Technology Hub
The New York City-based global investment firm Blackstone has acquired the 2 and 3 MiamiCentral office buildings from Shorenstein Properties for $230 million. The office complex, which was developed in 2017 and 2018, spans 317,939 square feet.
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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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Aztec Group Secures Debt & Equity For Retail Acquisition In South Carolina
Aztec Group, Inc., a leading real estate investment and merchant banking firm, has announced that Managing Directors Jason Shapiro and Sean Harrington, and Senior Associate, Joel Zusman secured a $10.75 million, 60% loan-to-cost, non-recourse loan and joint venture equity for the acquisition of Chapin Crossing.
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