Articles by Oscar Nunez

North Bay Village’s Renaissance: New Developments Usher In An Era Of Dynamic Growth

8:00 am on April 3, 2024 By Oscar Nunez

North Bay Village, nestled between Miami and Miami Beach, is undergoing a significant transformation, evolving from a tranquil island community into a bustling hub of residential and commercial growth. This shift is underscored by the development of over 3,000 new residential units and 1 million square feet of commercial and retail space. Adding to the area’s appeal is the announcement of a new soccer academy and AFA training facility led by Lionel Messi, promising to elevate North Bay Village’s profile.

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Related Group And GTIS Partners Secure $328M Construction Loan From Bank OZK For 75-Story Baccarat Residences Miami

8:00 am on April 2, 2024 By Oscar Nunez

Related Group and GTIS Partners have secured a $328 million construction loan for the Baccarat Residences Miami, a 75-story luxury condominium tower at the gateway of Brickell Avenue. The financing, arranged by Berkadia South Florida, supports the development of the 848-foot-tall skyscraper, which is currently under construction at 99 Southeast 5th Street and is expected to be completed in early 2028. Over 95 percent of the residences have been sold since the launch in late 2021. John Moriarty & Associates is the general contractor.

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Auberge Resorts Collection Appointed To Manage The Shore Club Resort & Residences In Miami Beach, Designed By Robert A.M. Stern Architects

8:00 am on April 1, 2024 By Oscar Nunez

Developers Witkoff and Monroe Capital have entrusted Auberge Resorts Collection with the management of The Shore Club Resort & Residences in Miami Beach, Florida. Planned for a 2027 opening, the project is poised to rejuvenate and upgrade this distinguished site into a multifaceted destination, blending hotel accommodations with premium residential offerings.

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Forté Development Announces Interiors by Steven G. as Interior Designer for Forté Luxe in Jupiter

8:00 am on March 31, 2024 By Oscar Nunez

Marius Fortelni, founder and CEO of Forté Development, has announced Interiors by Steven G. as the interior designer for Forté Luxe, a luxury boutique waterfront community located at 12450 Crystal Cove Place, Jupiter, Florida. The community will feature 15 multi-level residences on a peninsula, surrounded by the Intracoastal Waterway on three sides. Forté Luxe is scheduled for completion in Q2 2025 and will offer views reminiscent of the cobalt blue waters in the Bahamas. The price range for these residences is set from $4.35 million to $8 million.

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One Park Tower By Turnberry Secures $172M Construction Loan Facilitated By Berkadia

8:00 am on March 30, 2024 By Oscar Nunez

Berkadia announced it arranged for $172 million in construction financing for ONE Park Tower by Turnberry, a 33-story, 292-unit condominium tower located at 2411 Laguna Circle in the 184-acre master-planned community of SoLé Mia in North Miami, Florida. Designed by the award-winning architecture firm Arquitectonica, with interiors by the globally acclaimed Meyer Davis and landscaping by DS Boca, the building offers a variety of one-, two-, and three-bedroom units, including a selection of penthouses. The financing deal was orchestrated by Managing Director Scott Wadler, Associate Director Alec Fox, Senior Managing Director Mitch Sinberg, and Managing Directors Brad Williamson and Matt Robbins of Berkadia South Florida. It was closed with Bank OZK on behalf of Turnberry, led by Chairman and CEO Jackie Soffer, on March 25.

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