Related Group

Related And BH Group Acquire $28.5MM Loan for Pompano Beach Site On N. Ocean Boulevard

Related Group, led by renowned developer Jorge Perez, and BH Group, headed by Isaac Toledano, have secured a substantial $28.5 million loan from Centennial Bank for their latest venture in Pompano Beach. This hidden gem of South Florida has been captivating the attention of real estate developers, restaurateurs, and prospective residents, thanks to its waterfront allure and emerging status as a coveted destination.

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Trinity Investments and Credit Suisse Propose Diplomat Landing Master Plan Modifications for 350 Condo Units and 500 Room Hotel

The City of Hollywood, Florida’s Department of Development Services Division of Planning and Urban Design has released a memorandum detailing a request by HFL Landings Owner LLC, a joint venture between the Zurich-based Credit Suisse Group and Honolulu-based Trinity Investments. The proposal seeks to modify Diplomat Landing’s Planned Development Master Plan, introducing 350 condo units and 500 hotel rooms, which aligns with the City’s Comprehensive Plan.

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Related Group Breaks Ground On Casamar Residences In Pompano Beach

Earlier this week, the Related Group (Related) celebrated the groundbreaking of Casamar Residences in Pompano Beach. This boutique property is set to occupy nearly 300 feet of pristine white sand and house 119 oceanfront condos. Anticipated for completion in 2025, the development features world-class designs by the acclaimed Arquitectonica and the Rockwell Group.

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Related And Merrimac Secure $94.2 Million To Construct The Crosby At Miami Worldcenter

The Related Group and Merrimac Ventures have successfully secured a substantial $94.2 million in funding for the vertical construction of The Crosby, which is poised to add more density to the ongoing developments at Miami Worldcenter. The residential tower is set to ascend 33 stories high and is expected to top off at around 377 feet above ground, or 390 feet above sea level, according to building permits filed with the FAA in January. The Arkansas-based Bank OZK provided the loan to DT G Block LLC, a joint venture entity affiliated with the developers. Cohen Freedman Encinosa & Associates and AVRO|KO is in charge of the architectural design and interiors of the project, respectively. The Crosby, which broke ground earlier this year, is slated to offer 450 fully furnished, ready-to-rent residences and 3,370 square feet of retail space on the ground floor.

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