In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.
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Barneys-Branded North Bay Road Estate Designed By Kobi Karp Sells For $40 Million In Off-Market Sale
A Barneys-branded waterfront residence designed by Kobi Karp on North Bay Road has sold for $40 Million in an off market deal. The seller and developer of the Barneys-branded estate is the Salter family which heads up brand-management company Authentic Brands Group, behind names like Reebok, Juicy Couture and David Beckham.
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Mast Capital and Starwood Capital Group Secure $390 Million Construction Loan For The Perigon Miami Beach
Following the commencement of construction this past spring, The Perigon Miami Beach, a joint venture condominium development on Miami Beach between Miami-based real estate development group Mast Capital and a controlled affiliate of Starwood Capital Group, a globally renowned private investment firm led by Barry Sternlicht, has closed $390 million in construction financing.
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Naftali Group Secures $40 Million C-PACE Financing Loan for JEM Private Residences in Downtown Miami's Miami Worldcenter
New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.
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The Lincoln Coconut Grove Launches Sales in Miami's Historic Neighborhood
Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.
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Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami
Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.
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Rivage Bal Harbour Reveals Its $75 Million 'Mansion in the Sky' Penthouse Collection
Real estate developers Related Group, Rockpoint and Two Roads Development have revealed the ultra-luxury penthouse collection at Rivage Residences Bal Harbour, the first new residential development in over a decade in the exclusive Bal Harbour enclave of Miami Beach.
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Image via Douglas Elliman
Elon Musk Said To Be Eyeing $100 Million Penthouse Purchase At The Bristol in West Palm Beach
Elon Musk, the billionaire entrepreneur behind companies like Tesla and SpaceX, is said to be eyeing a stunning penthouse in West Palm Beach, Florida. The luxurious 19,000 square-foot penthouse, located at the Bristol on S. Flagler Dr., is listed at a jaw-dropping $100 million, which would shatter all previous real estate records in the area.
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Related Group and BH Group Launch Viceroy Residences Aventura
Miami-based real estate development groups Related Group (Related) and BH Group, in partnership with luxury hospitality brand Viceroy, have revealed details for Viceroy Residences Aventura. Offering 274 homes, the property debuts as one of Aventura’s first branded residences, and represents Related’s second collaboration with the celebrated Viceroy brand.
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Photo Credit: Omar Vega
Reserve Cup Returns to Miami and Announces Expansion to Other Cities
The highly anticipated Reserve Cup, a flagship event by Reserve Padel, is set to return to Miami from January 23–25, 2025. Building on its successful inaugural tournament in 2024, the event will kick off the newly expanded Reserve Cup Series, featuring three weeks of elite padel competition in three major cities. This evolution positions the Reserve Cup Series as a premier showcase of the world’s top padel players, competing for the highest prize money in the sport’s history exceeding $1.7 million.
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