CMC Group and Morabito Properties, the developers behind Miami’s newest luxury condominium development, Onda Residences, have announced the official opening of a new state-of-the-art waterfront sales gallery in Bay Harbor Islands.
Read MoreThe Collection Breaks Ground On Jaguar Land Rover Dealership Expansion In Coral Gables
Ugo Colombo and Ken Gorin are expanding THE COLLECTION with the addition of a new Jaguar Land Rover dealership at the intersection of U.S. 1 and Ponce de Leon Blvd. in Coral Gables. The luxury car dealership broke ground on the new building after locking down a $64.5 million construction loan.
Read MoreUgo Colombo's CMC Group Sells Brickell Flatiron Sales Center Property For $6.5 Million
Ugo Colombo’s CMC Group has sold the Brickell Flatiron sales center site at 1101 S Miami Ave. for $6.5 million to Retail Ocean LLC. The deal was overseen by Fabio and Sebastian Faerman of FA Commercial, who represented the buyer, and Chris Suarez of CMC Group, who represented the seller.
Read MoreCMC Group And Morabito Properties Launch The Arquitectonica-Designed Onda Luxury Condo On Bay Harbor Islands
As the appetite for luxury residential real estate in South Florida mounts, CMC Group and Morabito Properties, two of the region’s most experienced developers, are joining forces to launch Onda, a new boutique luxury condominium in Miami’s Bay Harbor Islands.
Read MoreCMC Group Reveals Multi-Million Dollar Art Collection At Brickell Flatiron
Milan-born developer and CMC Group founder Ugo Colombo recently completed the installation of a multi-million art collection at his newly opened Brickell Flatiron tower in Miami’s Brickell neighborhood. The privately commissioned permanent collection features a series of exclusively produced large-scale paintings and sculptures.
Read MoreVanessa Grout Named CEO of OKO Group’s New Venture
Vanessa Grout has been named the CEO of OKO Real Estate, a new venture to expand the sales and marketing capabilities of Vladislav Doronin’s OKO Group. OKO Group currently has four projects under construction in Miami, including Una Residences and Missoni Baia, and another project under construction in Manhattan.
Read MoreCMC Group Closes On More Than $31 Million in Penthouse Sales In Last 90 Days At Brickell Flatiron
CMC Group’s newly completed Brickell Flatiron condominium in Downtown Miami’s Brickell Financial District has successfully closed on four upper penthouse residences totaling $31.6 million in finalized sales over the last 90 days.
Read MoreCMC Group Pays Off $236 Million In Construction Loans For The Recently Completed Brickell Flatiron
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.
Read MoreUgo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO
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.
Read MoreBrickell Flatiron Now 87% Sold, Reduces Deposit Requirements To 30%
Sales at Ugo Colombo’s CMC Group’s Brickell Flatiron have reached 87% of its 527 units and the developer has lowered deposits to 30% as it aims to capitalize on recent local and domestic buyer interest and leverage Fannie Mae loans to attract end-users.
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