OKO Group

11/03/2021

"Businesses Lease Trophy Space to Stoke Return to the Office - Rents for elite buildings full of amenities are getting steeper.

In , the developer of a high-end 55-story tower known as has increased asking rents by 23% compared with the days before the pandemic, after signing up blue-chip names like Corp. and private-equity firm ."

Article Link: https://www.wsj.com/articles/businesses-lease-trophy-space-to-stoke-return-to-the-office-11635854401

09/20/2021

"From the snowy streets of Toronto to the sunny beaches of Miami, Canadian asset management CI Financial Corp. inked a long-term lease at the 830 Brickell office tower in Downtown Miami.

The financial firm will occupy approximately 20,000 square feet on the 48th floor, Cushman & Wakefield’s Brian Gale, who represented landlords Cain International and OKO Group, told Commercial Observer. With a lease that’s more than 10 years long, the firm is set to move in by the end of 2022, the broker added."

The Canadian asset and wealth management firm has $309 billion under management, making it one of the largest new entrants to Miami.

09/08/2021

One of the biggest names in has announced plans to move to Downtown Miami. Microsoft has signed a lease at OKO Group and Cain International's 830 Brickell office tower, the only Class A-plus office tower under construction in the heart of Miami’s Financial District.

Microsoft's 50,000 square-foot office is the latest example of global firms expanding to , with 830 Brickell - the only Class A-plus office tower under construction in ’s Brickell neighborhood - as the address of choice for inbound companies.

09/07/2021

Missoni Baia Tops Off In Edgewater At 57 Stories, 649 Feet

Edgewater’s Missoni Baia tower has topped off at the maximum permitted height in the neighborhood. Completion is scheduled for late 2021, the developer said. Sales have been strong this year, with $121 million worth of units sold since January 2021.

Miami Real Estate, Construction And Architecture

04/28/2021

Chicago-headquartered private equity firm Thoma Bravo is opening in Brickell, where it expects to station 30 employees — at least 10 of them new, according to Chip Virnig, a firm partner.

Their new home: the top two floors of 830 Brickell, the 55-story landmark tower designed by the architects responsible for two of the world’s tallest skyscrapers.

Miami RE|source exclusive: The private equity firm is anticipated to open its Brickell office in late 2022.

04/20/2021

OKO Group, the real estate development firm led by Vlad Doronin, and Jonathan Goldstein’s Cain International secured a $128.3 million construction loan for a waterfront Brickell condo project.

Una secured $76 million in sales between January and now, all from domestic buyers, according to the release.

Condo prices range from $2 million to $7.4 million, and penthouses are asking up to $21.6 million. Units range from two to five bedrooms.

OKO Group led by billionaire Vlad Doronin, and Cain International scored a $128 million construction loan for a Brickell condo tower.

03/25/2021

57-story 830 Brickell office tower surpasses 22nd Floor “The start of construction on our office floors is an important milestone as we continue to capture heavy interest from individuals and businesses looking to relocate to South Florida,” said Brian Gale, vice-chairman at Cushman & Wakefield, who oversees leasing.

03/19/2021

Sleepy No Longer, Downtown Miami Evolves Into Urban Hub

Once a place that emptied at 5 p.m., Downtown Miami is in the midst of a dramatic transformation. Overlooked no longer, the city’s central business district is getting denser, growing taller and attracting new attention.

“We felt it was only a matter of time before this happened,” said Cushman & Wakefield’s Trench. “I never thought a pandemic would be the catalyst.”

Once a place that emptied at 5 p.m., Downtown Miami is in the midst of a dramatic transformation. Overlooked no longer, the city’s central business district is getting denser, growing taller and at…

02/26/2021

Why Vlad Doronin and Jonathan Goldstein are betting billions on Miami

"Sales are soaring at the two downtown Miami condo projects being co-developed by OKO and Cain. In January alone, says Doronin, OKO booked almost $60 million in sales in Una, where units start at $2 million. At the 57-story bayfront Missoni Baia in Edgewater, the Italian fashion house’s first branded residential tower with units from $600,000, OKO’s sales team booked about $18 million."

24 February 2021 Why Vlad Doronin and Jonathan Goldstein are betting billions on Miami How quickly things change.Nine months ago, most Miami offices remained shuttered. The luxury condo market was stalled, reeling from the double-whammy of a pre-pandemic glut and a collective case of mid-pandemic hi...

02/25/2021

Nova Southeastern University | Fellows Society Spotlight: Vanessa Grout

In June 2020, she was named CEO of the OKO Real Estate, a new venture to expand the sales and marketing capability of the OKO Group. In this new role, Vanessa will oversee projects in South Florida, New York, and other major U.S. cities.

Virtuous Art Cycle Vanessa Grout CEO, OKO Real Estate Fellows Society member Vanessa Grout is a native Floridian, real estate CEO, and art enthusiast and collector. Through a donation to NSU Art Museum Fort Lauderdale,[...]

01/14/2021

"The Miami Beach Historical Preservation Board approved the Aman Miami development by OKO Group’s plan for the restoration of the historic Versailles Hotel. This a big step forward for the art deco building in Miami Beach’s Faena District. Aman Miami will consists of 56 hotel rooms within the restored Versailles Hotel along with 23 boutique residences located in a new tower next door. The residences in the new tower will be designed by Kengo Kuma with the HP board vote of the proposed residential tower design coming up in February. Once the design is approved OKO Group can proceed with permits and construction."

Read the full from Profile miami here:

The Miami Beach Historical Preservation Board approved the Aman Miami development by OKO Group’s plan for the restoration of the historic Versailles Hotel. This a big step forward for the art deco building in Miami Beach’s Faena District. Aman Miami will consists of 56 hotel rooms within the res...

01/05/2021

Low Taxes and High Temperatures Lure Finance Firms to Miami.
"This city has long pitched itself as an attractive location for finance and tech firms, with its tax advantages, flight connections to New York and cosmopolitan flair. Its efforts appear to be paying off."

Read the full The Wall Street Journal story here: https://okogroup.com/news/low-taxes-and-high-temperatures-lure-finance-firms-to-miami

5 January 2021 Low Taxes and High Temperatures Lure Finance Firms to MiamiMIAMI—This city has long pitched itself as an attractive location for finance and tech firms, with its tax advantages, flight connections to New York and cosmopolitan flair. Its efforts appear to be paying off.Private-equity...