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South Florida Real Estate Blog

Ritz-Carlton Residences Sunny Isles Beach Receives a Construction Loan

September 28, 2016

Even though construction financing has become more and more difficult to obtain due to the large number of projects underway and the market slowdown, the developers of Ritz-Carlton Residences Sunny Isles Beach successfully closed on a construction loan worth 163.11 million dollars, bringing the ultra-luxury developments total mortagage to 212 million dollars. Construction on the stunning beachfront tower began in June, and building completion is expected by the end of 2018. Condo prices at the lavish project start at 2.5 million dollars.

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Construction Progressing at Paraiso Bay Mega-Project

September 23, 2016

A construction update on Paraiso Bay was just released, and all 4 towers at the waterfront development have risen past their respective amenities levels. Paraiso Bay, GranParaiso, One Paraiso and Paraiso Bayviews will all soar over Biscayne Bay in Miami's trendy Edgewater neighborhood. Three of the four luxury towers will be completed in just about a year. 

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Miami Named One of the Most Fun American Cities

September 20, 2016

This should come as absolutely no surprise to anyone who lives in or has visited Miami, but the South Florida city has officially been named one of the most fun cities in the United States. Miami came in third on WalletHub's 2016 Most Fun Cities in America study and was only bested by Las Vegas and Orlando. New Orleans took the fourth place spot.

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Sage Beach Condos Open for Occupancy

September 13, 2016

Sage Beach opened for occupancy, and the first residents moved into the luxury oceanfront development. Located on a beautiful beachfront site in Hollywood Beach, Sage Beach condos are currently about 85 percent sold out. Residences at the exclusive condominium project range in price from about 1.3 million dollars to 2.2 million dollars.

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Strong Sales at Estates at Acqualina in Sunny Isles Beach

September 6, 2016

Sales have been strong at Estates at Acqualina in Sunny Isles Beach. The developer stated that he's aware of some turmoil in the market, but as of August 12th, 100 of the 265 ultra-exclusive condos had been pre-sold. Prices at the luxury oceanfront tower range from 3.7 million dollars to 36 million dollars. Due to ongoing strong sales, the developer expects construction on Estates at Acqualina to start as early as the end of this year. 

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Miami Named the Happiest Place to Work

September 1, 2016

With its pristine beaches and bustling social scene, Miami has long been considered one of the most desirable places to live. However, the work environment in the city is now emerging as one of the best, as well. Miami was recently named the happiest city to work in by CareerBliss. The study analyzed key factors that create and foster positive work environments, and Miami came out on top in 2016. Jersey City, NJ and Mountain View, CA took the 2nd and 3rd spots, respectively. 

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Auberge Beach Residences and Spa Receives a Construction Loan

August 31, 2016

The developers of Auberge Beach Residences & Spa Fort Lauderdale recently received a 132-million-dollar construction loan. Over the summer, 14 buyers signed contracts for condominiums at the oceanfront project worth a combined total of 40 million dollars. The first building at Auberge Beach is expected to open in 2017, with the second following closely behind in 2018. Condos at the stunning development start at 1.4 million dollars. 

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Miami Real Estate Developers Appeal to Chinese Buyers

August 26, 2016

A group of top Chinese real estate brokers recently toured some of South Florida's most prestigious new luxury condo developments. In the past, Chinese buyers have largely been attracted to San Francisco and New York, but South Florida developers are bidding to add Miami to that list. 

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