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CLIENT NEWS: Celebrity-favorite restaurant from Dubai coming to Miami Beach

December 11, 2024

Gaia, a globally renowned Greek-Mediterranean dining destination from Dubai, is set to debut its first U.S. location in Miami Beach’s South of Fifth community come summer 2025. Conceptualized by British-Nigerian Chef Izu Ani and hospitality entrepreneur Evgeny Kuzin, the restaurant is a flagship of Fundamental Hospitality, with existing locations in Dubai, London, Qatar, Monte-Carlo and Marbella. The upscale eatery, which is named after the Greek goddess of the earth, will open on the ground floor of the Marea Condominium, 801[...]

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CLIENT NEWS: Miami Worldcenter developer nabs $340M financing for mixed-use tower, marking third largest construction loan ever in Florida

December 16, 2021

The flow of money from New York to South Florida continues. Silverstein Capital Partners provided Dan Kodsi’s Royal Palm Companies with a $340 million construction loan for Legacy Hotel & Residences, a mixed-use condo and hotel tower planned for Miami Worldcenter in downtown Miami. The financing marks the third largest construction loan ever in Florida, following two others for projects in Miami-Dade County, according to a press release. The two others were: a $558 million loan for the construction of the Estates at Acqualina[...]

CLIENT NEWS: Worldcenter Agrees to Allow Office Space At Former Miami Arena Site

December 15, 2021

It appears that the former Arena site at Miami Worldcenter may be getting office space. On November 19, Worldcenter’s master developer amended a restrictive covenant to allow for office to be developed on the property, county records show. It isn’t clear if the new project will also have other uses. However, it will be a “high density” development, according to a July statement by Witkoff Group and Monroe Capital, who own the property. Miami Worldcenter representative declined to comment on[...]

Emily K. Balter Elected to the Cuban American Bar Association 2022 Board of Directors

December 14, 2021

Bercow Radell Fernandez Larkin & Tapanes is proud to announce that associate, Emily K. Balter, has been elected to serve on the Cuban American Bar Association (CABA) 2022 Board of Directors. CABA is a non-profit voluntary bar association founded in 1974 by lawyers of Cuban descent. CABA’s members include judges, lawyers, and law students of all backgrounds interested in issues affecting the Cuban community as well as minority communities as a whole. As an active member of CABA, Emily has[...]

CLIENT NEWS: Terranova sells longtime Miami Beach HQ for $22M

December 13, 2021

Terranova Corporation sold its longtime headquarters in Miami Beach for $22 million, marking one of the largest investment sales on 41st Street. Terranova sold the nearly 52,000-square-foot building at 801 Arthur Godfrey Road to Fifteen Group in an off-market deal, Terranova Chairman Stephen Bittel told The Real Deal. Miami-based Fifteen Group, led by Mark and Ian Sanders, plans to renovate the building and lease it to family offices, wealth management and financial firms, according to a release. Terranova paid $4.3[...]

CLIENT NEWS: Miami Getting Yet Another Supertall Tower: MAJOR., On Brickell Avenue

December 8, 2021

Another supertall tower has just been announced in Miami. The new supertall will be called MAJOR. and will be built at 888 Brickell Avenue. The goal is to build “the most luxurious residential tower in the world,” the developers said in a press release. MAJOR. will rise 1,049 feet – the maximum permitted in Miami by the Federal Aviation Administration. According to the press release, MAJOR. will include: 259 residential condos Hospitality use Multiple restaurants and nightclubs In the release,[...]