South FloridaNov 19, 2024Merrimac Ventures launches sales of Fort Lauderdale condos Motwani brothers plan 14-story, 34-unit Bungalow East with prices starting at $2M
South FloridaMay 23, 2024Miami Worldcenter scores $120M refi, as South Florida still bucks nationwide lending slumpDeutsche Bank is administrative agent for itself, other lenders
South FloridaMar 13, 2024Apple store coming to Miami Worldcenter mixed-use complexDevelopers started construction of one-story retail building in the fall
South FloridaNov 30, 2022Aria, Merrimac nab Miami Worldcenter site for $18MJoint venture acquired Longshoremen’s HQ in downtown Miami’s Park West
South FloridaSep 23, 2022Motwanis win approval to expand planned Fort Lauderdale condo projectCity commission approved a site plan amendment adding a fourth floor, 11 units, and 20 additional parking spaces to the development
South FloridaJan 10, 2022Motwanis, Related to develop 450-unit condo tower at Miami WorldcenterStudios will start in the $300Ks and units will have no rental restrictions
South FloridaDec 21, 2021Related Group, Merrimac JV plans Miami Worldcenter project, pays $12M for siteSite is one of the last remaining available parcels at Miami Worldcenter
South FloridaMay 27, 2021Motwanis’ Merrimac Ventures scores $72M construction loan for Plantation apartments306-unit project is expected to be completed by 2023
South FloridaFeb 25, 2020E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchaseSports agent and developer Marc Roberts was previously involved in the project
South FloridaMay 24, 2019Miami Worldcenter developers sell another piece of their pieLong Island-based developer scored $23M loan from BNY Mellon
South FloridaJan 18, 2019Co-living firm Common is expanding to Miami, Brightline’s IPO delayed due to shutdown & other takeaways from TRD panelPanelists talked ridership, nearby real estate projects and challenges of transit-oriented development
South FloridaAug 6, 2018Paramount Miami Worldcenter tops off: PHOTOS60-story, 500-plus unit tower will be completed next spring
South FloridaApr 24, 2018How real estate developers are using artificial intelligence in Miami: eMerge Americas panelIt can even tell you when to push the elevator button, notify the valet for you and order your coffee: Nitin Motwani
South FloridaJan 18, 2018Design changes to Miami Worldcenter’s retail portion approvedStructure calls for 81k sf of retail and 1,100 parking spaces
South FloridaOct 4, 2017Miami Worldcenter nabs financing from Bank of the OzarksConstruction of Paramount condo tower, retail and apartment building underway
South FloridaMay 12, 2017Miami Worldcenter’s fully capitalized and SLS Lux Brickell is close to sold out: panel
South FloridaFeb 28, 2017Miami Worldcenter district closes $74M bond sale for infrastructure improvements