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CLIENT NEWS: Robert Rivani pays $23M for waterfront Palm Island mansion

December 1, 2025

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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CLIENT NEWS: River Tower Tops Off At 54 Stories, Becoming Miami’s Westernmost 600 Footer

August 21, 2023

Chetrit Group’s first 54-story tower at The River District in Brickell has topped off, becoming the westernmost 600-foot tower in Miami. A top off ceremony was held at the Miami River Tower Phase 1 construction site yesterday, according to engineer JALRW. It took just 14 months from the start of vertical construction to top off. A foundation pour took place in June 2022. Other foundation pours that took place that same month included the 53-story Miami World Tower (already topped off),[...]

CLIENT NEWS: 29-Story Tower With Hundreds Of Micro-Units Proposed At Brickell’s Entrance

August 15, 2023

Plans have been filed with the county for a 29-story residential tower at the entrance to Brickell. The project appears to have been redesigned from an earlier proposal for the same lot. Miami’s UDRB review the project in April, when it was planned as a “meticulously designed” 24-story project. The property is being added to Miami-Dade’s Rapid Transit System Development Zone, allowing oversight of development by the county rather than the city. On July 31, a pre-application was filed with Miami-Dade[...]

CLIENT NEWS: Rise of the Car Wash Kings

August 10, 2023

El Car Wash was founded by two Miami-native entrepreneurs in 2010 and they grew to four locations. In 2019, two young NYC-based private equity partners, Geoff Karas and Justin Landau, arrived with new energy and an expanded vision for the business. It’s a classic story of reinvention and capital infusion. When COVID-19 swept in, Landau and Karas were already in hyper-drive. Although they had to shift their focus due to the pandemic, the velocity of expansion never stopped. Today, El[...]

CLIENT NEWS: Aby Rosen’s RFR proposes supertall in downtown Miami

August 9, 2023

Aby Rosen wants to build a 104-story supertall with residential units and a hotel in downtown Miami, joining a group of developers who aim to reach new heights in the city. New York-based RFR Realty, led by Rosen, proposes a 1,049-foot tower with 252 hotel keys, 1,074 residential units and a 1,013-space garage at 130 and 136 Biscayne Boulevard, and 141 Northeast Third Avenue, according to an application RFR filed to Miami-Dade County last month. A spokesperson for the firm[...]

CLIENT NEWS: Miami’s cherished, historic Freedom Tower shut down for a $25 million restoration

August 1, 2023

For 98 years, the Freedom Tower has stood as a symbol of Miami, a cherished, unifying landmark in a city of constant change. Now it’s shutting down. But fear not, the closure is only temporary, and all for the better. Miami Dade College is embarking on a badly needed $25 million renovation of the tower, a national historic landmark and one of the few buildings in the city that fully deserves the overused label of “iconic.” The two-year rehabilitation project,[...]