Pinecrest
REAL ESTATE
Mixed-Use Development Sawyer’s Walk Delivers Close to 600 Affordable Senior Housing Apartments in Miami’s Overtown Neighborhood
SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk, marking the delivery of the largest affordable senior living community in the US within the last decade. The mixed-use development is the largest underway in the historic community of...
WRE News: Ken Griffin Proposes $1B Mixed-Use Supertall Tower in Brickell
Miami, FL – July 25, 2024 – Billionaire Ken Griffin is advancing a $1 billion-plus mixed-use tower project in Brickell’s Financial District. Griffin’s attorney submitted a pre-application for sites at 1201 Brickell Bay Drive, 1221 Brickell Avenue, and 1250-1260 Brickell Bay Drive. The new development will house the headquarters for Citadel and Citadel Securities, including office spaces, a luxury hotel, retail outlets, food and beverage venues, and parking, adhering to Miami-Dade County’s rapid transit zoning regulations. Norman Foster’s architecture firm Foster + Partners is the architect, with Philadelphia’s Gattuso Development Partners collaborating on the project.
Homebuyers Hit the Brakes: June Sees Record Deal Cancellations
A new Redfin report shows nearly 56,000 home purchase agreements fell through in June, accounting for 14.9% of the homes that went under contract—the highest share of any June on record since 2017. Nearly one in five (19.8%) of the homes for sale in June had a price cut—up...
Tuesday, July 23: South Florida real estate market articles
MIAMI REALTORS® Chairman Gus Fonte’s column in the Commercial Property Executive— How NAR Rule Changes Impact CRE, Too. How NAR Rule Changes Impact CRE, Too – Commercial Property Executive (commercialsearch.com) Miami ranked No. 6 in the U.S. for international business via FT-Nikkei ranking. Miami ranked No....
WRE News: Construction Begins on 24-Story Excel Miami Tower with 424 Residential Units
Miami, FL – July 23, 2024 – Construction has begun on the 24-story Excel Miami tower, set to bring 424 residential units to the city. The project will feature 216 micro-units and a four-level parking garage with 128 spaces. Renowned firms Arquitectonica Architecture and Leo A Daly Design are leading the design and architecture, with Clearline spearheading the development.
Barrington Brothers Celebrate Grand Opening of 282-Unit The Kavista Apartments in Miami’s Historic Village of El Portal Neighborhood
MIAMI, FL - Barrington Brothers, managed by Arthur and Kenneth Barrington, announces the opening of The Kavista, a 282-unit apartment community in the Village of El Portal in Miami-Dade County. The Kavista marks the Barrington Brothers' fourth development in the area. “We are thrilled to introduce our newest residential project...
The Calta Group Celebrates Topping Off of 180-Unit Revv Hollywood Multifamily Apartment Building in Sought After Miami Submarket
HOLLYWOOD, FL - The Calta Group, a Miami-based real estate development company led by Ignazio and Gaetano Caltagirone, proudly announced today that Revv Hollywood, their new eight-story, 180-unit multifamily apartment building, has officially topped off. The Calta Group and the tower’s general contractor, Winmar Construction, commemorated the occasion with a luncheon on Thursday, June 20th for more than 150 construction workers, engineers and other contractors involved in the project.
Mast Capital & AEW Announce Delivery of 346-Unit Apartment Community Remi on the River in Miami
Mast Capital, one of Florida’s most active real estate development and investment firms, in partnership with AEW, a global real estate investment firm, has completed Remi on the River, a new multifamily development in the bustling Miami River District. “The Miami River District has seen a resurgence in the...
Legacy of Leaders with Eugenio Maslowski of Avanti Way Realty
On “Legacy of Leaders,” Whitney Mincey welcomes outstanding leaders to this uplifting and interesting show, filled with practical advice, personal experiences and tips for business leaders and aspiring leaders. This week, Whitney sits down with Eugenio Maslowski of Avanti Way Realty. Avanti Way is considered the new Miami’s...
SJC Ventures, Nuveen Real Estate Closes On 10-Acre Retail Outparcel To Develop Doral Marketplace
SJC Ventures, a premier Atlanta-based mixed-use, grocery-anchored retail and multi-family development firm, recently closed on a 10-acre retail outparcel at Bridge Industrial’s Bridge Point Doral, with plans to develop Doral Marketplace, a Whole Foods Market-anchored shopping center. SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground...
Constellation Group's Newly Launched Studio Units at Ella Miami Beach Offer Unmatched Value and Investment Opportunity
MIAMI, FL - Constellation Group and The Boschetti Group, the Miami-based real estate development firms behind Ella Miami beach, proudly unveil a new line of 30 studio units at Ella, redefining affordable luxury in the heart of Miami Beach. Priced starting in the $500,000s, these studios present a rare and exceptional opportunity for buyers and investors alike in one of the top real estate markets in the country.
Condo sales begin at 14 ROC in downtown Miami
GFO Investments recently launched condominium sales at 14 ROC, a 32-story tower in downtown Miami. The property will offer 283 units ranging from 410-square-foot studios to 964-square-foot two bedrooms, with prices starting at $495,000. Cervera Real Estate is handling sales and marketing. All condos will have open layouts, high ceilings,...
WSVN-TV/Suffolk University poll: 75% of Miami residents say the cost of living in Florida is not manageable
MIAMI (WSVN) - Are South Floridians being priced out of house and home? More people are sharing stories of their living nightmare, and their accounts of ramped-up rents and monstrous mortgages are the focus of a 7News poll. It’s a familiar refrain in South Florida. “It’s getting more expensive...
Trinity Investments adds Rob Tanenbaum
Trinity Investments, a U.S.-based hospitality-focused real estate investor, has expanded its leadership with the addition of Rob Tanenbaum as SVP, strategic operations, based in Miami. He joins the company with more than 30 years of experience in hospitality, most recently serving as managing director/head, North American hotel asset management at...
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