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CMC Group Pays Off $236 Million In Construction Loans For The Recently Completed Brickell Flatiron

CMC Group Pays Off $236 Million In Construction Loans For The Recently Completed Brickell Flatiron

December 16, 2019

Unit closings are underway and residents are moving in at Downtown Miami’s newly-completed Brickell Flatiron tower, with 50% of the 64-story tower’s contracts successfully closed over the last 30 days. The news comes as developer CMC Group retires $236 million in construction loans for the project.

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In Brickell, Construction, Construction News, Construction Update, Finance & Banking, Invest, Investment News, New Construction, News, Residential, Sales Update Tags Brickell, Brickell Flatiron, News, Investment News, Invest, Bank of the Ozarks, Bank OZK, Banking, Finance, Financing, Finance & Banking, Construction, Construction Update, Construction Loan, Construction News, TCO, Broad Street, Goldman Sachs, RFR Realty, CMC Group, Ugo Colombo, Luis Revuelta, Revuelta Architecture, Massimo Iosa Ghini, Avi Dishi, Haim Yehezkel, Greg Newman, Sexy Fish, Residential, New Construction, Sales Update
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The Developers of The Ritz-Carlton Residences, Sunny Isles Beach Unveil Striking Pablo Atchugarry Sculpture For Miami Art Week

The Developers of The Ritz-Carlton Residences, Sunny Isles Beach Unveil Striking Pablo Atchugarry Sculpture For Miami Art Week

December 12, 2019

Marking the culmination of one of the most exciting weeks of the year in Miami, dozens of art world influentials, local luminaries and friends joined leaders with Fortune International Group, Château Group and internationally renowned artist Pablo Atchugarry for the unveiling of “Dreaming the Future,” Atchugarry’s latest sculpture.

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In Art Basel, Construction, Construction News, Construction Update, Art, Events, Luxury Real Estate, New Construction, News, Residential, Sunny Isles, Miami Art Week Tags Sunny Isles, Sunny Isles Beach, Art, Miami Art Week, Art Basel, New Construction, Construction News, Construction Update, Construction, Luxury Real Estate, Manuel Grosskopf, The Ritz-Carlton Residences Sunny Isles Beach, The Ritz-Carlton Residences, News, Chateau Group, Fortune International Group, Edgardo Defortuna, Dana Goldman, Pablo Atchugarry, Ana Cristina Defortuna, Sergio Grosskopf, Isabella Holguin, Nathalie Rader, Dreaming the Future, Michele Bönan, Bernardo Fort-Brescia, Arquitectonica, 15800 Collins Avenue, George Bud Scholl, Alex Lama, Residential, Featured
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Two Roads Development’s Elysee Tops Off In Edgewater

Two Roads Development’s Elysee Tops Off In Edgewater

December 10, 2019

Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami.

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In Construction, Construction News, Construction Update, Edgewater, Luxury Real Estate, New Construction, News, Residential Tags Two Roads Development, Elysee, News, Construction News, construction, Construction, Construction Update, New Construction, Featured, Arquitectonica, Jean-Louis Deniot, John Moriarty & Associates, Taylor Collins, Reid Boren, Luxury Real Estate, Residential, edgewater, Edgewater
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Virgin Trains Announces Aventura & Boca Raton Stations Will Open In October 2020

Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020

November 27, 2019

Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule.

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In Aventura, Boca Raton, Commercial, Construction, Construction News, Construction Update, New Construction, News, PortMiami, Transportation, Travel Tags Transportation, Public Transportation, Travel, News, Virgin Trains USA, Virgin, Virgin Trains, Aventura, Boca Raton, Orlando, Orlando International Airport, Brightline, Aventura Virgin Trains Station, Boca Raton Virgin Trains Station, PortMiami, PortMiami Virgin Trains Station, Commercial, Construction News, Construction, Construction Update, New Construction
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CIM Group & One World Properties Go Vertical At Mixed-Use Wynwood Square

CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square

November 15, 2019

Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.

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In Commercial, Construction, Construction News, Construction Update, New Construction, News, Office Space, Residential, Rentals, Retail, Wynwood Tags Wynwood Square, 2201 N Miami Ave., CIM Group, OneWorld Properties, Stantec, Wynwood, Mixed Use, Commercial, Residential, News, Construction News, Construction, Construction Update, New Construction, Office Space, Retail, Rentals
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Marta Cruz, Construction Director of Shoma Group; Nestor Mejia, President of Construction and Development of Shoma Group; Carmen Casadella, Vice President of Sales of Fortune International Group; Edgardo Defortuna, President and CEO of Fortune Inter…

Marta Cruz, Construction Director of Shoma Group; Nestor Mejia, President of Construction and Development of Shoma Group; Carmen Casadella, Vice President of Sales of Fortune International Group; Edgardo Defortuna, President and CEO of Fortune International Group; Masoud Shojaee, CEO of Shoma Group; Stephanie Shojaee, Chief Marketing Officer of Shoma Group; Sean Saladino, Founder and Owner of Saladino Design Studios; Katherine Mejia, District Senior Manager of Rental Division of Shoma Group; David Muriel, Senior Project Manager of Saladino Design Studios

Shoma Group Officially Breaks Ground On TEN30 South Beach

November 6, 2019

The Miami-based Shoma Group has officially celebrated the groundbreaking of Ten30 South Beach, a curated collection of 43 studio, one- and two-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods. In a nod to the development’s name, the ceremonial groundbreaking was held on October 30 at 10:30 a.m. at the future site of Ten30 South Beach.

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In New Construction, News, Miami Beach, Residential, South Beach, Construction, Construction News, Construction Update Tags Shoma Group, Ten30, Ten30 Condo, Ten30 South Beach, South Beach, Miami Beach, Construction Update, Construction News, Construction, Featured, Groundbreaking, News, New Construction, Fortune Development Sales, Fortune International Realty, Edgardo Defortuna, Masoud Shojaee, Stephanie Shojaee, Saladino Design Studio, Sean Saladino
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Ugo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO

Ugo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO

October 31, 2019

Brickell Flatiron, CMC Group’s new 64-story luxury condominium tower in Downtown Miami’s Brickell Financial District, has received its Temporary Certificate of Occupancy (TCO) from the City of Miami. The milestone opens the door for closings to get underway as buyers take ownership of their residences, begin interior build-outs, and prepare to move-in this fall.

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In Construction, Construction News, Construction Update, Brickell, New Construction, News, Residential, Sales Update Tags News, New Construction, Construction News, Construction, Construction Update, TCO, Temporary Certificate of Occupancy, Brickell Flatiron, Brickell, Ugo Colombo, CMC Group, Vanessa Grout, Revuelta Architecture, Iosa Ghini Associati, Residential, Sales Update, Avi Dishi, Haim Yehezkel, Elysee Investments, Featured
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Shoma Group’s Ten30 South Beach To Break Ground October 30

Shoma Group’s Ten30 South Beach To Break Ground October 30

October 25, 2019

Masoud Shojaee, President of Shoma Group, who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $4 billion in real estate transactions, believes the time is ripe for his new concept of moderately priced, Mid-Century Modern design-inspired Miami Beach condominiums.

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In Construction News, Construction Update, Construction, New Construction, News, Miami Beach, Residential, South Beach Tags South Beach, Miami Beach, News, New Construction, Groundbreaking, Construction Update, Construction, Construction News, Shoma Group, Masoud Shojaee, Ten30, Ten30 Condo, Ten30 South Beach, Saladino Design Studio, Mike Saladino, Fortune Development Sales, Fortune International Realty, Edgardo Defortuna, Sean Saladino, Residential, Featured
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Turnberry Ocean Club Tops Off In Sunny Isles Beach, On Track For Spring 2020 Completion

Turnberry Ocean Club Tops Off In Sunny Isles Beach, On Track For Spring 2020 Completion

October 10, 2019

Fontainebleau Development, one of America's premier real estate development and hospitality groups, announced its final construction milestone of Turnberry Ocean Club with the topping off of the 54th floor. The all-glass, ultra-luxe residential development, which is being built under the vision of Jeffrey Soffer, CEO of Fontainebleau Development, is on track for completion in Spring 2020. 

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In Construction, Construction News, Construction Update, Luxury Real Estate, New Construction, News, Sunny Isles, Residential Tags Featured, Sunny Isles, Sunny Isles Beach, New Construction, News, Turnberry Ocean Club, Fontainbleau Development, Jeffrey Soffer, Carlos Zapata, Robert Swedroe, 18501 Collins Ave., Luxury Real Estate, Construction News, Construction Update, Construction, Top Off, Residential
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Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell

Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living

September 24, 2019

Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop.

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In Brickell, Commercial, Construction, Construction News, Construction Update, Hotels, New Construction, News, Residential Tags Blue Jay Capital, Virgin Hotels, Virgin, News, Brickell, Commercial, Hotels, Hotel, Co-Living, BLUR Workshop, Construction, New Construction, Construction Update, Construction News, Groundbreaking, Featured, 1040 South Miami Avenue, 1040 S. Miami Ave., Residential
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