Related Group

Developers Close On $141.5 Million In Financing For NoMad Residences Wynwood

8:00 am on May 13, 2024 By Oscar Nunez

Related Group and Tricap have secured $141.5 million in financing for NoMad Residences Wynwood. The project, underway in Miami’s Wynwood Arts District, received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. The nine-story condominium tower commenced construction in October 2023 following its September groundbreaking. Located at 2700 Northwest 2nd Avenue near the Wynwood Walls, the building is designed by Arquitectonica, with interiors by DesignAgency.

Related Group and GTIS Partners Announce Collaboration with Viceroy on 45-Story Brickell Condo Tower

8:00 am on April 24, 2024 By Oscar Nunez

Developers Related Group and GTIS Partners, in partnership with the luxury hospitality company Viceroy, have announced the development of Viceroy Brickell – The Residences (Viceroy Brickell). Located at 77 Southeast 5th Street in Miami’s Brickell neighborhood, this 45-story tower, already under construction, was initially envisioned as a rental project but has since been repositioned as a condominium development. This marks Viceroy’s first standalone residential venture. Designed by the internationally acclaimed firm Arquitectonica, the building will feature interiors by award-winning studio Meyer Davis. With John Moriarty & Associates as the general contractor, construction is projected to top off later this year and be completed in early 2026. Fortune International Realty serves as the exclusive sales agency.

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.

Related Group & BH Group Unveil The Ritz-Carlton Residences, West Palm Beach

8:00 am on March 26, 2024 By Oscar Nunez

Miami-based real estate developers Related Group (Related) and BH Group have unveiled The Ritz-Carlton Residences, West Palm Beach (The Residences) at 1717 North Flagler Drive. Envisioned by an award-winning team that includes design luminaries Arquitectonica and Rockwell Group, The Residences reflect the highest expression of the brand in a boutique setting – offering a limited collection of 144 homes with breathtaking, unobstructed water views.

Developers Get Approval For Second Tower At Diplomat Landing In Hollywood, FL

8:00 am on March 9, 2024 By Oscar Nunez

Developers Related Group and BH Group have received approval for the second of two planned towers at Diplomat Landing, a mixed-use development planned for to enhance the Hollywood area. Situated at 3451 to 3690 South Ocean Drive, this 42-story tower is designed by Miami Lakes-based Cohen Freedman Encinosa & Associates, with landscape architecture by Witkin Hults + Partners and civil engineering by Kimley-Horn. The new addition to the Diplomat Beach Resort will feature 500 hotel rooms—potentially marketed as branded condo/hotel units—alongside 4,000 square feet of restaurant space and 366 parking spaces, significantly contributing to South Florida’s development landscape.

Developers Secure $240 Million In Construction Financing For 56-Story Casa Bella Residences By B&B Italia In Downtown Miami

8:00 am on November 23, 2023 By Oscar Nunez

Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.

Related Group Breaks Ground On The Ritz-Carlton Residences Tampa, Tower II

8:00 am on November 21, 2023 By Oscar Nunez

Miami-based real estate developer Related Group (Related), has broken ground on Tower II of the anticipated condominium, The Ritz-Carlton Residences, Tampa (The Residences). Located along Tampa Bay’s scenic Bayshore Drive, The Residences represents the entry of the esteemed Ritz-Carlton brand into the Bay Area. The project features architecture by Arquitectonica and interiors designed by Meyer Davis.

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