Commercial real estate investor Robert Rivani paid $23 million for a waterfront Miami Beach mansion, The Real Deal has learned. Rivani, who leads his Miami-based firm Rivani, formerly called Black Lion, plans to spend millions of dollars to renovate the 9,200-square-foot mansion at 16 Palm Avenue, according to sources. Rivani lives in Miami’s Morningside and purchased the home as an investment. The seller is Tom Sullivan, the founder and CEO of Lawrenceburg, Tennessee-based Lumber Liquidators, records show. Sullivan inked the[...]
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Bercow Radell & Fernandez Congratulate Client on Property Sale Former Power Studios site in Design District sells for $14M Power Studios’ former site in Miami’s Design District has traded hands for $14 million, with plans to develop it into a two-story retail and entertainment venue, The Real Deal has learned. A partnership, majority owned by former banker Leonard Abess, as well as Chariff Realty Group partners Lyle Chariff and Mauricio Zapata, and others, sold the site on Tuesday, Chariff, president of Chariff[...]
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Bercow Radell & Fernandez Congratulates Client on Hotel Opening AC Hotel brings new Marriott import to Miami Sometimes when paving in paradise, you have to go out of your way to not put up a parking lot. That was developer Robert Finvarb’s take on the plot of land at 2912 Collins Ave., which once served as a contractor staging zone and future parking area for the Miami Beach Edition across the street. “The site juts into Collins, so it basically is in[...]
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Bercow Radell & Fernandez Help Client Gain Approvals for New Projects Renderings of the Wave in South Beach Crescent Heights’ Wave and Whole Foods Win Design Approval The Miami Beach Design Review Board on Tuesday gave its approval for two large Crescent Heights projects that could transform much of Alton Road for years to come. After rejecting an earlier design last month, the board signed off on the Wave development, a mixed-use four-building project that is projected to have 300,000-square feet of[...]
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Bercow Radell & Fernandez Congratulate Client on Hotel Grand Opening Hyatt Centric South Beach Miami, a new “lifestyle hotel” developed by Miami-based Robert Finvarb Companies and its partner David Martins, is now open, the developers announced on Monday. The 105-room hotel at 1600 Collins Avenue, represents the first Hyatt Centric-branded hotel in Miami Beach, and the second Hyatt Centric property worldwide, after Chicago. Another 15 rebranded hotels are on tap for New York, Paris and other destinations, Robert Finvarb, CEO of Robert[...]
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Bercow Radell & Fernandez Helps Mount Sinai Get Design Approval for New Hospital Tower Officials from the Mount Sinai Medical Center of Florida got design review approval from Miami Beach on Tuesday for a new eight-story hospital tower and emergency care facility to be built on the medical campus facing Biscayne Bay. While the Design Review Board gave a strong endorsement to the new tower designed by CannonDesign of St. Louis, it held off on plans to approve an extensive landscaping plan for the[...]
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