Wednesday, July 10, 2019 / by Suyapa Sauceda
The 29-story 17th Street apartment tower has been approved by Miami's Urban Development Review Board and new renderings of this project have now been released.Zyscovich Architects designers of many projects such as like Brooklyn, New York's DUMBO Heights, projects in Midtown Miami, Miami Beach’s Convention Center Redevelopment District and even the largest commercial airport in Bogota, Colombia. Having designed a full spectrum of projects, from transportation facilities and airports to K-12 schools and universities, mixed-use commercial and public-private partnership developments to multi-family residential high rises and master plans for cities. Zyscovich Architects will now be adding the 17th Street Tower as their new project, designing both the exterior and the interior of the tower.Developer NR Investments, which is led by principals Ron Gottesmann and Nir Shoshani, will build this project. In total, the tower will include 353,000 square feet of both commercial and res ...
investment, market update, pre-construction
Wednesday, June 26, 2019 / by Suyapa Sauceda
Just revealed by developers, Natiivo, a 50-story tower is planned in downtown Miami.
It is the first project in Miami to be “powered by Airbnb,” with units designed for short term rentals in partnership with Airbnb. 25 percent of income will be charged by Natiivo for management, plus another 3% Airbnb listing fee.
Featuring 604 total units, with just above 400 privately owned condos to be sold and the remaining 200 units retained by the developer to rent as hotel rooms.
Prices will range from $300,000 to $1.2 million dollars.
Units that are developer owned will include robes, slippers, in-room laundry, and kitchens that can be stocked with local meal kits upon request. Fresh cut flowers and a dog walking service are also mentioned as features to guests and residents.
Check-in for patrons through Airbnb will be keyless through an app, making the process simple and also transparent for unit-owners to overview.
Newgard Devel ...
investment, pre-construction, downtown miami, luxury real estate, new construction, real estate, airbnb, miamicentral
Wednesday, December 19, 2018 / by Cyd Marseille Yardeny
The development team behind The Estates at Acqualina has closed on a $558 million construction loan on September 28, 2018 that will fund the vertical construction and completion of both residential towers at The Estates at Acqualina. The loan enables affiliates of the Trump Group led by Eddie, Jules and Stephanie Trump to complete the residential project where sales and construction of the South tower is already underway. The Trump Group’s ability to secure a loan of this size underscores the project’s appeal and the firm’s track record of development over the past four decades. Bilzin Sumberg partner Alexandra Lehson and Real Estate Department Chair Jim Shindell represented The Trump Group in the transaction. Gary Saul and Meredith Singer of Greenberg Traurig served as condominium counsel. The project broke ground in May 2018 and the South Tower is expected to top-off by December 2019 with expected delivery in 2020. The 154-unit south tower is over 65% sold, with s ...
investment, market update, pre-construction, sunny isles beach, construction, construction loan, construction news, construction update, estates at acqualina, featured, finance, finance & banking, finance & bankingtags trump group, financing, in new construction, karl lagerfeld, luxury real estate, new construction, sunny isles, the estates at acqualina
Thursday, October 18, 2018 / by Leon Zhivelev
Yesterday, the Julie's Realty Team made their way over to the YotelPad Sales office to preview their brand new pre-construction bringing their one-of-a-kind brand to Downtown Miami.
YOTELPAD in downtown Miami, this project is perfect for the foreign or local buyer, the new innovative way to condo in Miami.
YotelPAD is the latest residential extension to the YOTEL & YotelAir brand, bringing to the market efficiently designed units to utilize the space in a way to fit everything you need without compromising on luxury.
Sales Executive, Mellisa Pardo, gave an excellent presentation explaining exactly how unique, innovative and cost-effective thee YotelPad project vision and lifestyle will be.
This development is perfect for the international and local US buyer giving them the opportunity to purchase a residential unit with the convenience OF NO RENTAL RESTRICTIONS allowing the buyer to have the freedom to optimize his rental capacity through numerous options.
Perfect for invest ...
investment, market update, pre-construction, downtown miami, sales presentation, buying a home, mortgage, yotelpad
Wednesday, June 6, 2018 / by Leon Zhivelev
According to the county’s Property Appraiser, as of June 1, overall values are estimated to have risen 6% compared to their level 12 months ago to a whopping $291 billion.
The total gain to the county tax rolls from property values and new construction was 6%, which is a new record for a single 12 month period. Excluding new construction, the gain was 3.9%.
This is a new record but it just about equals the property values in Dade-County from 2007-2008 when adjusted for inflation over time. $256 Billion in June 2007 is worth about $294 Billion Today.
investment, market update, pre-construction, single-family homes, downtown miami, south beach, sunny isles beach