Cushman Wakefield - Florida YIMBY

The St. Regis Residences, Miami, Now Under Construction at 1809 Brickell Avenue

8:00 am on November 23, 2024 By Oscar Nunez

The St. Regis Residences, Miami, a 50-story residential tower at 1809 Brickell Avenue on the Biscayne Bay waterfront in South Brickell, is now under construction. A groundbreaking ceremony for the development was held on the morning of November 21, featuring 152 bespoke residences—including penthouses, sky villas, and two stand-alone garden villas. The project offers a rare opportunity to experience the timeless elegance and five-star services synonymous with the St. Regis brand. Coastal Construction is overseeing the build, with completion expected in 2027.

Park Partners Residential And Independencia Asset Management Acquire 280-Unit The Commons And Plan $58.5 Million Renovation

8:00 am on March 26, 2022 By Oscar Nunez

Park Partners Residential, owner and operator of value-add and luxury multifamily apartment communities, and Independencia Asset Management have completed the $77,750,000 acquisition of The Commons, a multifamily residential community addressed as 8050 Gables Commons Drive in Orlando. The 19.28-acre property is located south of Little Lake Bryan Parkway and is east of Vineland Avenue and Interstate-4, just minutes away from Orlando Vineland Premium Outlets. Los Angeles-based Ares Management provided the funds for the purchase, which was brokered by Jubeen Vaghefi, Denny St. Romain and Charles Crapse of Cushman Wakefield. The newly formed joint venture between Park Partners Residential and Independencia Asset Management received a $58.5 million construction loan from American Real Estate Capital to fund an extensive renovation of the property’s 280 units, clubhouse and amenity spaces.