sunny isles beach

Turnberry Associates scores $259M construction loan for Turnberry Ocean Club

Rendering of Turnberry Ocean Club. Inset: Jeff Soffer Turnberry Associates just scored a $259 million construction loan for Turnberry Ocean Club Residences, the luxury condo tower rising in Sunny Isles Beach, The Real Deal has learned. At least seven months… Continue Reading →

Neighborhood Dive: Sunny Isles Beach, Miami’s new billionaire playground

Clockwise from left: Porsche Design Tower, the skyline, Trump Royale and a rendering of Turnberry Ocean Club (Credit: ArX Solutions) What do a Mexican mogul, a medical billion CEO and a venture capitalist have in common? They’re all new condominium… Continue Reading →

Sunny Isles Beach landlord puts the squeeze on Miami Juice owners: litigation

Miami Juice An entity controlled by Barry Shelomovitz, a Sunny Isles Beach real estate investor who is co-developing the Residence Inn by Marriott, is being sued by his largest mom-and-pop tenant, the Miami Juice restaurant, at another shopping plaza nearby…. Continue Reading →

Fortune, Chateau to rework Sunny Isles project into condos only

Rendering of the two-tower Varadero project At least two developers seem bullish about Miami-Dade County’s condo market. Fortune International Group and Chateau Group have reworked their planned residential project in Sunny Isles Beach, removing its hotel and apartment components and… Continue Reading →

Jamestown borrows $35M for Sunny Isles apartments

Beach Place apartments in Sunny Isles Beach Atlanta-based Jamestown has closed on a $35 million mortgage for a newly renovated apartment complex it owns in Sunny Isles Beach. Miami-Dade County records show that a Jamestown affiliate took the loan out… Continue Reading →

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