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

Nexo Residences Townhouse Aerial

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

Ora by Casa Tua Rendering

A major step forward has been taken for the highly anticipated Ora by Casa Tua tower in Brickell, as a construction permit application was officially filed with the City of Miami’s Building Department on June 19th. This milestone signals the beginning of what is set to become one of Miami’s tallest and most sophisticated mixed-use developments. Developed by Fortune International Group, Ora by Casa Tua is envisioned as a vertical community that combines luxury living, innovative office spaces, and world-class dining experiences within a single, thoughtfully designed high-rise.

According to the permit filing, the 78-story tower will include 533 condominium residences, occupying floors 12 through 75. These residences are expected to reflect Casa Tua’s signature approach to lifestyle and hospitality, blending artful design with high-end finishes and an emphasis on wellness and connectivity. In addition to its residential offering, the tower will feature 58,089 square feet of premium office space distributed across the first eight floors, designed to meet the needs of today’s evolving work environments.

The project will also introduce 31,587 square feet of restaurant space, with culinary venues positioned throughout the Lobby, Mezzanine, 9th, 77th, and 78th floors. This includes a dramatic rooftop setting that will likely become a new hotspot for elevated dining with panoramic city and bay views. Eight levels of parking will be incorporated into the tower to provide convenience for residents, office tenants, and restaurant guests.

Altogether, the development is projected to span an impressive 1,149,177 square feet, with an estimated hard construction cost of $201.1 million. While a contractor has not yet been named, the project is expected to begin active construction in the near future.

Initially proposed at a height of 930 feet, Ora by Casa Tua has since received FAA approval for a final height of 1,044 feet above ground, or 1,049 feet above sea level, making it one of the tallest residential buildings in Miami and a defining element of the city’s skyline. Its sleek and modern design, combined with a strong lifestyle-driven vision, positions it as more than just a building—it’s set to become a landmark for elevated urban living.

Fortune International Group, a major force in South Florida real estate, acquired the Brickell site in 2023 with the goal of delivering a flagship project under the Casa Tua brand. Known for its distinctive hospitality and private club experiences, Casa Tua will bring its refined ethos to a full-scale vertical community, offering residents and visitors a seamless blend of home, work, and leisure.

As Brickell continues to evolve into one of the most dynamic neighborhoods in the U.S., Ora by Casa Tua represents a bold and timely contribution to Miami’s urban future. From sky-high dining to carefully curated residences, this tower promises to redefine the city’s standard for luxury and mixed-use development. With permitting now underway, the countdown has officially begun for what will undoubtedly be one of Miami’s most iconic towers.

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

The Perrin Miami

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

Chop Steahouse Miami

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 Townhouse Aerial

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

Cloud One Residences Wynwood

Cloud One Wynwood lobby

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.

Cloud One Wynwood co-working lounge section Cloud One Wynwood co-working lounge Cloud One Wynwood primary bathroom Cloud One Wynwood rooftop pool Cloud One Wynwood lobby Cloud One Wynwood fitness center Cloud One Wynwood kitchen

LIVWRK Unveils Visionary High-Rise Community in Wynwood Arts District

3 Tower Construction in Miami

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.

3 Tower Construction in Miami

New Construction in Miami

New Brickell Towers

FAENA Residences Miami Unveils New Interior Renderings

Faena Residences Miami Lobby

Faena Residences Miami juice bar

FAENA Residences Miami has officially revealed interior photos, showcasing a bold new vision for ultra-luxury living along the Miami River. With sales slated to launch later this summer, starting at $1.3 million, the development introduces a refined blend of architectural innovation, cultural immersion, and world-class amenities designed to reimagine the city’s riverfront landscape. Spearheaded by Fortune International Group and KAR Properties, the project is located at 90 SW 3rd Street and signals a new chapter for the Faena brand—this time on the mainland.

Rising as twin 60-story towers, FAENA Residences Miami will deliver 434 condominiums ranging in size from 700 to 3,300 square feet, with future premium offerings expected to reach $10 million. Residents will also have access to 45,000 square feet of integrated cultural and wellness spaces housed within an iconic sky bridge connecting the two towers—offering performance venues, art installations, and immersive wellness experiences that align with Miami’s broader vision of a walkable, vibrant urban core.

The architecture, designed by the late Rafael Viñoly, reflects his sculptural sensibilities and honors his legacy with a striking presence on the city’s evolving skyline. Interior spaces are curated by Faena Design Studio in collaboration with Bryan O’Sullivan Studio, featuring a rich palette of textures, muted reds, and dramatic accents that channel Faena’s theatrical elegance while creating a sanctuary of sophistication for discerning buyers.

As part of the broader Faena District Miami River, the development will integrate high-end residences with curated public spaces, wellness offerings, and art-centric programming—continuing the legacy established in Miami Beach and reinforcing the brand’s role in shaping Miami’s cultural identity. With over $25 billion of nearby real estate investment and 10,000 residential units in the pipeline, FAENA Residences Miami is poised to anchor a transformative new district on the river.

Sales are expected to open by the end of the month, positioning FAENA Residences as one of the most anticipated luxury launches of the year—and a defining force in Miami’s future.

Faena Residences Miami cathedral

Faena Residences Miami cathedral lounge

Faena Residences Miami cathedral reception

Faena Residences Miami Bloom Bar

Faena Residences Miami porte-cochere

Faena Beach

Faena Residences Miami beach pergola

Faena Residences Miami pistil

Faena Residences Miami pool and juice bar