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CLIENT NEWS: Billionaire Braman’s auto group plans Miami high-rise towers, dealership expansion (Photos)

April 16, 2025

Braman Motors, led by billionaire Norman Braman, has filed plans for its property in Miami to facilitate both expansion of the dealership and potential residential development. The city’s Urban Development Review Board will consider the special area plan (SAP) from Braman Motors for its property at 2060 Biscayne Blvd., 1930 N.E. 2nd Ave.; 160 N.E. 20th St.; 64, 106, 120, and 146 N.E. 20th St.; and 135 N.E. 19th Terrace on April 16. The SAP would need approval from the[...]

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CLIENT NEWS: Wynwood is getting a huge adults-only, ‘eatertainment’ venue — and there’s mini golf

January 3, 2024

You’ll probably never be able to swing, shoot or putt like Rory McIlroy, but you can give it the old college try next month at one of his favorite bars. It’s called Puttery, and it’s set to open next month in the Wynwood area. McIlroy and his Symphony Ventures team invested about $10 million in this so-called eatertainment concept, with locations already in Dallas, Washington, D.C., and Chicago. The 34-year-old Irishman, who helped with the design and selected all the[...]

CLIENT NEWS: Owner of 37-story Brickell tower proposes new hotel and residence

December 26, 2023

A 37-story building in Miami may be converted into a new hotel and residence if a proposed plan is approved by city officials. One Broadway, a former condominium and short-term accommodation building located at 1451 S. Miami Ave in Brickell, could get a makeover that modernizes the mixed-use property, according to a letter of intent sent to City of Miami Planning & Zoning Departments in late November. The project will be discussed Dec. 20 during an Urban Development Review Board[...]

CLIENT NEWS: New York-based lender provides $34 million loan for Hialeah project

December 26, 2023

A Miami-based developer obtained a $33.75 million construction loan for a mixed-use project near the Tri-Rail/Metrorail Transfer Station in Hialeah. New York-based S3 RE 1025 E25 Funding LLC provided the mortgage to 1025 Hialeah Development LLC, managed by Francisco Alberto Espinosa, Oscar Javier Moreno, Jose Antonio Villegas Velez and Juan Felipe Jaramillo Uribe. The lender assumed a loan granted in 2021 and increased its amount by $30.95 million. The developer purchased the one-acre site at 1025 to 1033 East 25th[...]

CLIENT NEWS: 645-Foot Miami River Tower With Rooftop Crown

December 26, 2023

Some of the final architectural features of the 54-story Miami River apartment tower under construction in Brickell can now be seen, photos by Phillip Pessar show. The tower stands at 645 feet – one of the tallest apartment buildings in the city, and the tallest that far west. When complete, it will have 632 apartments, along with retail space and a riverfront promenade open to the public. Multiple other towers are also planned in the complex, known as The River[...]

CLIENT NEWS: Developers of Ritz-Carlton South Beach condo project tap Elliman for sales

December 19, 2023

The planned redevelopment of the Ritz-Carlton Residences, South Beach and adjacent Sagamore Hotel is moving forward. Douglas Elliman’s Eklund-Gomes team will lead sales of the 15-story, 30-unit condo project, according to a post on social media. It’s one of three new properties the team recently took on. Fredrik Eklund and Pietro Belmonte are leading sales of the project. The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxury Group and the Ben-Josefs’ Ben-Josef Group are the developers of the Ritz/Sagamore project.[...]