CLIENT NEWS: Developer proposes multifamily, hotel tower in Edgewater

March 25, 2024

An affiliate of Urbanica Hotels has proposed a 35-story, mixed-use tower in the Edgewater neighborhood of Miami. The city’s Urban Development Review Board considered plans for the 0.93-acre site at 3200 N.E. Biscayne Blvd., 237 and 229 N.E. 32nd St., and 246 and 230 N.E. 33rd St. on March 20. The property is owned by Miami-based Green Circle Development LLC, which is led by executives at Urbanica Hotels. The site currently has three older apartment buildings with a combined 22[...]

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CLIENT NEWS: Developer Secures $86M to Build 64-story Tower in Brickell

June 16, 2022

JDS Development Group has obtained an $86 million construction loan to help it start work on a 64-story mixed-use tower in Miami’s Brickell Financial District. Maxim Capital Group provided the mortgage to 191 SW 12 Owner LLC, an affiliate of New York-based JDS Development, by assuming a $43 million land acquisition loan and doubling it to $86 million, while carrying a lower interest rate. The “bridge construction loan” will support the initial work on the project, which is currently undergoing[...]

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CLIENT NEWS: Office-retail-parking offer in Miami Beach advances

June 13, 2022

An unsolicited proposal to redevelop a parking lot at 13th Street and Collins Avenue into mixed-used office, retail and parking garage is one step closer to reality after a favorable recom­mendation from the Miami Beach finance committee, and now comes with two levels of office space and a possible contribution from the developer to the city. Real estate developers Location Ventures proposed via unsolicited bid to transform the parking lot, at no cost to the city, into a $19.2 million[...]

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Chambers USA Awards Firm Top Ranking in Zoning/ Land Use Law in South Florida

June 13, 2022

Miami, June 13, 2022 – For the second year in a row, Chambers USA, one of the oldest and most prestigious legal guides in the world, has ranked Bercow Radell Fernandez Larkin & Tapanes in Band 1 in the area of Real Estate: Zoning/Land Use Law – South Florida, the highest recognition given by Chambers. The firm is ranked highest among five South Florida firms at the top of this specialty area in the 2022 Chambers USA Directory. Jeffrey Bercow,[...]

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CLIENT NEWS: The Man from Morocco, The Untold Story of Joseph Chetrit

June 8, 2022

Though his close friends and family might quibble over the precise ingredients required for a good Joseph Chetrit story, they can all agree on one thing: There’s probably a negotiation involved. Robert Verrone’s favorite took place during the 2006 FIFA World Cup, when the top debt broker and his father attempted to enter a soccer stadium with Chetrit, Chetrit’s wife Nancy and their four children. Verrone had secured prime fourth-row seats, and the group had flown into Germany for the[...]

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CLIENT NEWS: Two Cranes Now Installed At Construction Site of 54-Story Miami River Tower

June 6, 2022

Vertical construction is now set to begin at a Brickell property where the 54-story Miami River tower is planned. The newly installed cranes are eventually planned to rise 760 feet above ground, according to a filing with the FAA. The Miami River phase 1 tower itself is planned to top off with a permanent height of 640 feet above ground, making it the only tower to surpass the 600-foot mark this far west in Miami. The first phase of Miami[...]

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