Construction Begins On 30-Story Pagani Residences At 7940 West Drive In North Bay Village

Construction is underway on Pagani Residences, a 30-story waterfront condominium tower at 7940 West Drive in North Bay Village. Designed by A++ and developed by Riviera Horizons in collaboration with Horacio Pagani and Pagani Arte, the boutique residential project will yield 70 all-corner residences overlooking Biscayne Bay and the Atlantic Ocean. The development will also include expansive private terraces, a rooftop pool with 360-degree views, a 29th-floor wellness level, a private marina, a 240-foot waterfront boardwalk, yacht club and beach club access, and an automotive concierge program powered by Prestige Imports.

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Naftali Group Reveals Penthouse Collection At Viceroy Residences Fort Lauderdale

Naftali Group has revealed a first look at the highly anticipated penthouse collection at Viceroy Residences Fort Lauderdale, the city’s first Viceroy-branded luxury condominium. Positioned atop the 500-foot, 45-story tower between Las Olas Boulevard and Flagler Village, the limited collection represents the most elevated residential offering within the development, further reinforcing the project’s appeal among discerning buyers seeking design-forward homes paired with world-class hospitality.

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Developer Acquires 3265 Virginia Street In Coconut Grove For $45.5 Million

El-Ad National Properties has acquired the property at 3265 Virginia Street in Coconut Grove for $45.5 million, marking the South Florida-based developer’s entrance into the Miami neighborhood and establishing the site as a future redevelopment opportunity. The acquisition closed on May 14, 2026, with El-Ad 3265 Virginia LLC acquiring the property from WNG Miami LLC. Omar Morales of Berkadia represented the seller in the transaction.

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Merrimac Ventures Secures $62.5 Million Construction Loan And Breaks Ground On 360-Unit Leena Ocala In Ocala, Florida

Merrimac Ventures, in partnership with Southern Waters Capital, has secured $62.5 million in construction financing from ACORE CAPITAL and broken ground on Leena Ocala, a 360-unit multifamily development planned for a 36-acre site at SW 60th Avenue and SW 52nd Street in Ocala, Florida. The garden-style apartment and townhome community will include 300 apartments across multiple three-story buildings and 60 two-story townhome residences, with first deliveries expected in late 2027 and full completion anticipated in 2028.

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