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CLIENT NEWS: Immersive art museum could replace longtime movie theater on Lincoln Road

June 25, 2025

A proposal to convert the Regal Cinemas on Lincoln Road into an immersive art museum is scheduled to go before the Miami Beach Planning Board on July 1. Superhuman Museum LLC, affiliated with North Miami Beach entrepreneur and media personality Steve Berke, has submitted an application to open the Superhuman Immersive Modern Art Museum at 1100 Lincoln Road. The plan calls for repurposing the 78,000-square-foot, three-story theater into an interactive venue featuring modern art exhibits, food and beverage counters, and[...]

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CLIENT NEWS: Five Park closing tops Miami-Dade weekly condo sales

May 12, 2025

Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 157 condo sales totaling $136.9 million from April 27 to May 4. The previous week, brokers closed 109 condo sales totaling $106 million. Last week’s units sold for an average of $871,712, lower than the $972,843 average price from the previous week. The average price per square foot fell to $568 from $589, according to data from Redfin. For the top 10 sales, prices ranged from $3 million[...]

CLIENT NEWS: Braman Motors Drives Bold Vision for Miami with 60-Story Towers and Auto-Inspired Living Hub

April 30, 2025

For the longest time, the name Braman Motors has been associated as one of the premiere names in Florida’s car scene. But this year, the automotive goliath has been venturing into the real estate industry. The company is launching a bold and transformative redevelopment project in Edgewater, Miami. They will be launching a 60-story mega project called the Braman Miami Campus. A revolutionary structure that merges high-rise living space with car culture. “For nearly five decades, Braman has proudly contributed[...]

CLIENT NEWS: MG Developer secures $105 million to build nearly 350 apartments

April 30, 2025

Coral Gables-based MG Developer obtained a $105 million construction loan to build an apartment complex in Hialeah. New York-based Scale Lending, an affiliate of Slate property Group, provided the mortgage for Metro Parc South, which will be located at 954 and 934 E. 25th St. MG Developer said it will break ground on the project during the second quarter this year. Lantern Real Estate's Tal Bar-Or, David Strongwater, and Parker Thelander arranged the loan. The 10-story Metro Parc South will[...]

CLIENT NEWS: Michael Stern’s JDS scores upzoning approval to build South Beach condo tower

April 29, 2025

The Miami Beach commission granted Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development Group initial approvals on an upzoning for a planned luxury condo tower in South Beach. Commissioners unanimously passed on first reading zoning amendments that will allow the developer to build a taller and slimmer tower on the site at 1250 West Avenue. The final votes for the project, including a development agreement, are expected in a June 25 meeting. The project now calls for a[...]

INDUSTRY NEWS: Hialeah affordable housing incentives get initial green light

April 29, 2025

Developer-driven legislation in Hialeah to reward more density to projects that set aside apartments for low-income residents is likely to win final approval. On Wednesday, the Hialeah City Council unanimously approved on first reading an ordinance that gives developers up to an additional 25 units per acre if they designate 15 percent of a project’s units for tenants who earn up to 60 percent of Miami-Dade County area median income, or AMI, currently $79,400. Hialeah councilman Jesus Tundidor, the legislation’s[...]