Articles by Oscar Nunez

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

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Construction Progresses On CMC Group’s ‘Vita at Grove Isle’ Condominium In Coconut Grove, Miami

8:00 am on March 16, 2024 By Oscar Nunez

Miami’s CMC Group, under the leadership of Ugo Colombo, has reached a significant milestone, advancing past the halfway mark in the construction of Vita at Grove Isle. This seven-story boutique luxury condominium is emerging on Grove Isle, a secluded 20-acre island just off the coast of Miami’s Coconut Grove neighborhood. Located at 5 Grove Isle Drive, the development features three interconnected buildings, each being constructed sequentially to ultimately create a cohesive structure. Earlier this year, CMC Group obtained a $239 million construction loan from Bank OZK, earmarked for the continued progress of the condominium. The project, which initiated construction in April 2023, anticipates structural completion of all three buildings by this summer, with the entire development expected to be ready for occupants by late 2025. 

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Nichols Architects Reveals Design For 53-Story Mixed-Use Tower In Miami Worldcenter’s Block C, East

8:00 am on March 15, 2024 By Oscar Nunez

The Falcone Group, led by Founder and CEO Art Falcone and in collaboration with Nichols Architects, has unveiled the design for a new 53-story mixed-use tower at Block C, East of Miami Worldcenter. This development is poised to significantly impact the luxury living and hospitality sectors of the expansive Miami Worldcenter complex, encompassing ten blocks and 27 acres. The project is located at 110 Northeast 10th Street and boasts a prime location near the Miami Worldcenter promenade and the 60-story Paramount condominium tower.

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Swire Properties Unveils First Preview Of ‘The Residences at Mandarin Oriental, Miami’

8:00 am on March 14, 2024 By Oscar Nunez

Swire Properties today unveiled the first official preview of The Residences at Mandarin Oriental, Miami, ahead of the official launch of sales scheduled for later this spring. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, only moments away from Miami’s vibrant urban core. This unprecedented development on Brickell Key will also be home to what will become Mandarin Oriental’s North American flagship hotel.

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