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

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.

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Demolition Work Progresses At 5333 Collins Avenue For The Perigon’s Future Site In Miami Beach

Demolition work continues to progress at the site of The Perigon, a 17-story luxury oceanfront condominium developed jointly by Mast Capital and Starwood Capital Group, located at 5333 Collins Avenue in Miami Beach. Designed by OMA with interior design by Tara Bernerd & Partners, the 213-foot-tall structure will offer 73 ultra-luxury residences, ranging from 2,100 to 6,700 square feet, in addition to eight private guest suites exclusively for residents. Groundbreaking for this project is expected in early 2024; Moss Construction is the general contractor.

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

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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