Berkadia Secures $73M Construction Loan for Nexo Residences in North Miami Beach

In a significant milestone for one of North Miami Beach’s most exciting developments, Berkadia has successfully secured a $73.27 million construction loan on behalf of Fortune International Group and Blue Road for the completion of Nexo Residences, a 16-story short-term rental-friendly condominium.

The financing, arranged by Berkadia’s South Florida team — including Managing Director Scott Wadler, Director Michael Basinski, Vice President Bobby Dockerty, Senior Managing Director Mitch Sinberg, and Managing Directors Brad Williamson and Matt Robbins — was provided by Bank Hapoalim (BHI). The loan follows Nexo’s recent construction topping off, which had previously been funded by a combination of EB-5 investor capital and presale deposits.

With 90% of units sold and completion on track for 2027, Nexo Residences is quickly emerging as a standout project in a fast-transforming corridor next to SoLé Mia and minutes from Aventura.

“Fortune International and its partner Blue Road are delivering an exceptional building in a rapidly transforming area adjacent to Aventura and next to SoLé Mia,” said Scott Wadler. “A trifecta of experienced Sponsorship, high-quality product, and great location generated significant interest from lenders.”

The tower — designed for modern global buyers — allows for short-term rentals, an increasingly in-demand feature. The fully furnished residences range from studios to three-bedroom units, with prices starting from the $599,000s, and include a limited selection of three- and four-bedroom townhomes.

Notable architecture and design collaborators include Carlos Ott, Frankel Benayoun Architects Inc., and Urban Robot. Residences offer floor-to-ceiling windows, Italian cabinetry, porcelain flooring, custom closets, lockable owner storage, and dedicated parking for each unit.

Nexo also raises the bar on lifestyle with standout amenities, including:

• A three-story lobby and café lounge

• Two-story coworking and tech hub

• Resort-style pool with Jacuzzi

• Rooftop observatory deck

• Summer kitchens and outdoor movie theater

• Yoga studio, clubroom, event space, and playground

Located at 13899 Biscayne Boulevard, Nexo Residences is just minutes from the Intracoastal Waterway, Oleta River State Park, Florida International University, Bal Harbour, Sunny Isles, and Hollywood Beach. The property’s accessibility is bolstered by its proximity to Miami and Fort Lauderdale International Airports and the Brightline Aventura station.

“The lifestyle offered at Nexo — combining elevated design, robust amenities, and rental flexibility — has driven strong sales momentum with buyers from over 25 countries,” said Edgardo Defortuna, CEO of Fortune International Group. “Securing this financing reaffirms the market’s confidence in both the product and the North Miami Beach submarket.”

With sales and marketing exclusively managed by Fortune Development Sales, Nexo Residences continues to attract a global audience eager for turnkey living and investment-ready opportunities in one of South Florida’s fastest-growing neighborhoods.

Construction Permit Filed for 78-Story Ora by Casa Tua Tower in Brickell

Continuum Company Introduces Expansive Waterfront Vision for North Bay Village

Continuum Company has unveiled a sweeping new plan for North Bay Village with the introduction of the Continuum Waterfront District—a transformative, mixed-use development designed to redefine the area’s bayfront identity. Spanning over three acres along Biscayne Bay, the two-phase master-planned district was unanimously approved by the Commission and marks a major step toward realizing North Bay Village’s potential as a premier waterfront destination.

At the heart of the project is Continuum Club & Residences, now under construction and nearly 50% sold. This first phase includes over 60,000 square feet of amenities, from a resort-style waterfront pool and wellness center to a private marina and exclusive memberships for yacht clubs, beach clubs, and the elite dining platform, Dorsia. A historic deck will also be restored at the water’s edge, offering a blend of Miami heritage and elevated lifestyle.

The broader Continuum Waterfront District will include:

• Two Continuum Club residential towers

• A Continuum-branded boutique hotel with rooftop pool and lifestyle programming

• Renovated marina and new bayfront boardwalk

• Upscale restaurants, bars, and curated retail storefronts

• Outdoor wellness and green spaces designed for connectivity and walkability

“The Continuum Waterfront District is designed to bring new life to North Bay Village and elevate the experience of waterfront living,” said Ian Bruce Eichner, Chairman and CEO of Continuum Company. “We’re grateful for the support of the Commission and are proud to collaborate on a shared vision that aligns with the NBV100 Master Plan.”

Allie Eichner, President of Continuum Florida, emphasized the development’s long-term impact: “This is more than just a real estate project—it’s a rare opportunity to create a connected, livable community that embraces Miami’s bayfront lifestyle and natural beauty.”

Building on the success of Continuum South Beach, the new district reflects Continuum’s continued commitment to thoughtful design, neighborhood revitalization, and creating destination-worthy environments that combine luxury living with civic-minded planning.

The Perrin Secures $111M Construction Loan for New 26-Story Brickell Residential Tower

A major step forward has been made for Brickell’s next luxury multifamily project. A $111 million construction loan has been secured for The Perrin, a new 26-story Class A residential tower set to rise just blocks from Brickell City Centre. The financing, provided by Goldman Sachs, underscores strong confidence in the future of the Brickell residential market.

The Perrin will feature 310 luxury rental residences and is being developed by Empira, with Jaxi Builders onboard as the general contractor. The development’s design team includes Corwil Architects and renowned interior designers OTJ Architects, who together are crafting a sleek, modern living experience tailored for Miami’s urban lifestyle.

“We ran a highly competitive process that drew strong interest from a wide range of lenders,” noted Daniel Matz, Senior Managing Director at Newmark, who arranged the financing. The project is now slated to break ground in summer 2025, with completion expected in 2027.

The Perrin’s location near Brickell City Centre places it within one of Miami’s most dynamic and walkable neighborhoods, offering future residents access to shopping, dining, and business hubs within minutes. As Brickell continues to attract both residents and investors, The Perrin is poised to become a standout addition to the city’s growing skyline.

Chop Steakhouse & Bar Opens First U.S. Location in Coconut Grove Miami This June

Miami’s dining scene is about to get a flavorful upgrade as Chop Steakhouse & Bar, one of Canada’s most beloved steakhouse brands, opens its first U.S. location this June in the heart of Coconut Grove. Taking over the iconic 10,000-square-foot space at 3015 Grand Avenue in CocoWalk—previously home to The Key Club—Chop is set to redefine what a steakhouse experience looks and feels like in South Florida.

Rather than embracing the traditional dark woods and cigar lounge aesthetic, Chop is going for something lighter, livelier, and unmistakably Miami. With an expansive island bar, stylish covered patio, and private dining options, the restaurant aims to deliver elevated hospitality without the fuss. “This isn’t your grandfather’s steakhouse,” says Tyler Jones, general manager of the Coconut Grove location. “We’re premium without being pretentious.”

True to its roots, Chop’s menu features a lineup of USDA Prime steaks, including a 32-ounce Tomahawk and melt-in-your-mouth tenderloin medallions. But meat-lovers aren’t the only ones in for a treat. The menu also highlights seafood-forward dishes like ahi tuna tataki, miso-glazed sea bass, and freshly shucked oysters, along with creative vegetarian-friendly options such as wild mushroom risotto.

For a more casual bite, diners can enjoy a Chop Burger topped with smoked cheddar and garlic aioli, a chicken avocado BLT, or the health-conscious Mediterranean Bowl. House-made desserts like pineapple upside-down cake and chocolate mousse round out the menu.

The bar program is equally impressive, with signature drinks like the Truffle Martini and Clase Azul Negroni, alongside a curated wine list and a selection of local beers on tap. Happy hour runs Monday through Friday from 3 to 6 p.m., offering deals like $5 drafts, $10 wines, $12 cocktails, $2 oysters, and flavorful small plates such as chili garlic shrimp and bruschetta. Wine lovers will appreciate Tuesday wine nights, with bottles offered at half price.

Backed by the same hospitality group that introduced Moxies to the U.S., Chop Coconut Grove is designed for flexibility—ideal for everything from brunch and lunch meetings to celebratory dinners and after-hours cocktails. “We saw a gap in the Grove for something that checked all those boxes,” adds Jones. “Chop is that place.”

Nexo Residences Tops Off in North Miami Beach as Sales Reach 90% Sold

Nexo Residences, the 16-story short-term rental condo project in North Miami Beach, has officially topped off—marking a major step toward completion for this modern, flexible-use development. Spearheaded by Fortune International Group and Blue Road, the project has captured global interest, reaching 90% in sales ahead of its anticipated 2026 delivery.

“Our vision for Nexo is truly taking shape,” said Edgardo Defortuna, CEO of Fortune International Group. “We’re not just building residences—we’re delivering a lifestyle with adaptability, elegance, and global appeal.” With buyers from over 25 countries and exclusive sales handled by Fortune Development Sales, Nexo offers fully furnished studios to four-bedroom townhomes priced from the $599,000s.

Located at 13899 Biscayne Blvd., the development caters to both domestic and international buyers seeking short-term rental flexibility and hands-off ownership. Residents benefit from dedicated on-site services, including guest check-ins, housekeeping, and digital conveniences like smart key access and Wi-Fi throughout the shared spaces.

Buyers are also drawn to the opportunity for U.S. residency through Nexo’s EB-5 Visa Program, which offers a pathway to a green card through a $1,050,000 investment—though only a limited number of EB-5 spots remain available.

Inside, every residence is move-in ready and thoughtfully designed, featuring floor-to-ceiling windows, lockable owner’s closets, expansive balconies, and sleek European kitchens with quartz countertops and matte black finishes.

Beyond the residences, Nexo’s amenity-rich environment embraces South Florida’s unique mix of leisure and productivity. Highlights include:

• A tech hub with coworking spaces and a virtual trainer

• Rooftop observatory deck with views of the Miami skyline

• Resort-style pool and jacuzzi

• Yoga studio and fitness center

• Café lounge, summer kitchens, and outdoor cinema

• Playground, clubroom, and pet-friendly policies

Designed by renowned architect Carlos Ott and Frankel Benayoun Architects Inc., with interiors and landscaping by Urban Robot, Nexo draws on a design legacy tied to Miami icons like the W Hotel South Beach and the Gucci Flagship in the Design District.

With a location minutes from Bal Harbour, Aventura Mall, Miami Beach, and both international airports, Nexo Residences is perfectly positioned for residents who crave flexibility, convenience, and contemporary living in one of Miami’s fastest-growing communities.

The Cloud One Hotel & Residences Announced in Wynwood

The Cloud One Hotel & Residences Wynwood is redefining luxury in Miami’s most creative and dynamic neighborhood with an exclusive offering of just 85 loft-style condominiums. This eight-story architectural landmark blends the energy of Wynwood with international design sensibilities. From sleek studios to expansive three-bedroom units—and a select collection of 15 bespoke duplex penthouses with soaring double-height ceilings—each residence captures the spirit of modern, inspired living. Prices range from $550,000 to $2 million, with a flexible 30-day minimum rental policy for up to six times per year.

Designed through a visionary partnership between HWKN, ODP Architecture, and March and White Design, The Cloud One is a celebration of artistry, sustainability, and hospitality. Residents enjoy a private entrance, exclusive elevators, and world-class amenities, including a rooftop pool deck with panoramic views, a wellness center with outdoor yoga, a co-working lounge with a coffee bar, and curated art installations by Goldman Global Arts. Residences are delivered fully finished with Miele appliances, imported SieMatic cabinetry, Juliet balconies, smart-home systems, and luxurious finishes that reflect both craftsmanship and comfort.

Situated at 2215 NW 1st Place, this development places you steps from Wynwood’s iconic murals, eclectic restaurants, and cultural experiences. With effortless access to Miami’s urban core and the beach, The Cloud One Hotel & Residences Wynwood invites you to live creatively, stay connected, and own a piece of the neighborhood that’s shaping the city’s future.

LIVWRK Unveils Visionary High-Rise Community in Wynwood Arts District

A bold new chapter is on the horizon for Miami’s Wynwood Arts District. LIVWRK, a Brooklyn-based developer known for forward-thinking urban projects, has submitted plans for a massive mixed-use development that will bring the area’s first high-rise towers to life. Designed by MKDA, the proposal—dubbed LIVWRK Wynwood—calls for three striking 45-story towers reaching 465 feet in height.

Located at 2400–2418 North Miami Avenue, the project spans an impressive 1.81 million square feet. It replaces a previously approved mid-rise plan and utilizes Florida’s Live Local Act to surpass local zoning height limits, enabling increased residential density in exchange for much-needed workforce housing.

In total, LIVWRK Wynwood will introduce 1,363 new residential units to the neighborhood. Notably, 529 units—representing 40% of the total—are earmarked as workforce housing. This includes all 494 studios and 35 one-bedroom units, which are expected to rent for approximately $2,800 per month. Residences will range from 453 to 1,306 square feet and offer a range of floor plans from studios to three-bedroom layouts.

At the base of the towers, an expansive parking and amenity podium will house 912 parking spaces and over 88,000 square feet of retail and shared amenities. Each tower will feature dedicated amenity decks on the ninth floor, along with lounge spaces on the 29th floor, offering elevated city views and recreational experiences.

The architecture, according to MKDA, embraces Wynwood’s artistic roots and industrial texture. The façade will feature raw materials like exposed concrete, perforated metal, and loft-style window frames, blended with lush green elements and art-driven details. A landscaped paseo will slice through the site, prioritizing pedestrian movement and linking NW 24th Street, NW 25th Street, and North Miami Avenue.

Carefully planned for walkability and community engagement, the ground level will be activated with retail, art installations, and widened sidewalks. Entry points will be recessed to create inviting alcoves, and murals will bring the street frontage to life. Meanwhile, the parking garage will be fully wrapped by occupied space on the lower floors to ensure an attractive and seamless pedestrian experience.

Balconies will vary in openness and rhythm, especially at higher floors, to allow natural light and airflow throughout the towers. The podium and upper levels will serve as platforms for large-scale sculptures, bringing a curated, gallery-like dimension to daily life for residents and visitors alike.

As one of the most significant proposals filed under the Live Local Act, LIVWRK Wynwood not only seeks to redefine the district’s skyline but also to create an inclusive, vertically integrated neighborhood that reflects Miami’s evolving urban identity.

FAENA Residences Miami Unveils New Interior Renderings