Property Markets Group

Property Markets Group And Raven Capital Management Secure $120 Million Construction Loan for Society Orlando

7:30 am on August 28, 2021 By Oscar Nunez

Miami and New York City-based investment, development, and asset management firm Property Markets Group (PMG), alongside partner Raven Capital Management (Raven) has announced the securing of a $120 million construction loan for their 825,000-square foot – 26-story Society Orlando mixed-use project located at 434 North Orange Avenue in Downtown Orlando. The loan is being provided for phase one of the development of the project, which broke ground in 2020. Funds are being provided by an entity managed by Los Angeles-based CIM Group.

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Society Wynwood. Designed by MKDA.

PMG & Greybrook Land $142.3 Million In Construction Financing For 318-Unit Society Wynwood

7:30 am on August 24, 2021 By Oscar Nunez

Society Wynwood, a 10-story mixed-use development proposed for 2431 Northwest 2nd Avenue, is taking a major step forward in the Wynwood Arts District. Developers Property Markets Group (PMG) and Greybrook Realty Partners have landed a financing deal of $142.3 million for vertical construction of the 318-unit project, which broke ground earlier this year. The financing will be provided by Pacific Western Bank and Square Mile Capital, marking the third Society-branded project for South Florida. MKDA is listed as the architect with Moriarty Construction as the general contractor.

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Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

PMG Applies For Demolition Permits At The Site Of The Upcoming Waldorf Astoria Miami

8:00 am on August 6, 2021 By Oscar Nunez

Demolition permits have been filed for the remaining structures at 300 Biscayne Boulevard, the future site of Miami’s first supertall mixed-use skyscraper – the Waldorf Astoria Hotel & Residences. Designed by Carlos Ott with Sieger Suarez Architects as the architect of record and developed by New York City’s Property Markets Group with Canada-based Greybrook Realty Partners, the structure is set to rise 1,049-feet across 100 stories over Downtown Miami and Biscayne Bay.

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Society Biscayne. Courtesy of ArX Solutions USA LLC.

Topped-Out Society Biscayne’s Glass Façade Installation Progresses In Downtown Miami

8:00 am on July 27, 2021 By Oscar Nunez

Glass façade installation is steadily progressing on the now topped-out Society Biscayne, a 49-story mixed-use skyscraper at 400 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects and developed by Property Markets Group in collaboration with Greybrook Realty Partners, the 571-foot-tall structure is one of several to recently rise along Biscayne Boulevard, and will bring a mixture of residential units, office spaces, a church, ground floor retail and a parking garage, while offering sweeping views of Biscayne Bay, Miami Beach and Downtown’s cityscape.

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