Luxury Rental Community Under Way in Coral Gables
CFH Group and All-Go Construction Systems Partner to Build Riviera Waterway Villas.
- Miami, FL (1888PressRelease) August 29, 2013 - Tom Cabrerizo, CEO of CFH Group, a Miami-based, full-service real estate development and management company, and builder Jose Garcia, CEO of All-Go Construction Systems, have partnered to build Riviera Waterway Villas, a contemporary, three-story rental-apartment community along the waterfront on Riviera Drive in Coral Gables.
"We are delighted to partner with All-Go Construction to build this unique property, which will be the only rental-apartment community on Riviera Drive with direct waterway access, and to include it in our growing portfolio of managed properties," said Cabrerizo. "The property offers residents the best of South Florida living, including waterfront views and luxurious amenities, in the vibrant and lush city of Coral Gables."
The property is conveniently located at 5100 Riviera Drive, the southeast corner of U.S. 1 and Riviera Drive. The new complex will consist of 14 modern units and offer two- and three-bedroom floor plans ranging in size from 1,100 to 1,400 square feet. Each unit will feature wood cabinetry, stainless steel appliances, quartz countertops, porcelain tile floors, impact-resistant windows and sliding glass doors, private balconies and water views.
Nestled in a prime Coral Gables location, Riviera Waterway Villas is conveniently located near schools for grades K-12 and various shopping centers, and is within walking distance of the University of Miami. Residents will also enjoy community amenities, including rental dock space, a pool area with sundeck and barbecue grills and covered parking.
Pre-leasing will begin in January 2014 and completion is slated for the end of the first quarter. Prices start at $2,900. The project is being financed by BankUnited and will be managed by CFH Group. For more information, please visit www.cfhgroup.com.
About CFH Group:
A privately-held corporation, CFH Group, under the leadership of CEO Tom Cabrerizo, acquires under-valued, under-managed, or physically distressed apartment communities and/or commercial properties in superior locations throughout Florida. Specializing primarily in the rental and multi-family housing arenas, the Miami-based company provides a turn-key approach to property management that services investors and lenders. Through CFH Group's in-house renovation program and affiliates, Paramount Depot and Paramount Nursery, major suppliers of quality building materials and plants and trees, the company successfully remodels, re-brands and repositions properties, maximizing value for the assets. Since its inception in 1998, CFH Group has acquired and operated over 18,000 multi-family units and over two million square feet of commercial property throughout the Southeast. CFH Group is headquartered at 3850 Bird Road, 8th Floor, Miami, Florida 33146. For more information, visit www.cfhgroup.com.
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