Socius Development Group, LLC

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Continuum South Beach, Miami, Florida

​$225 million

Financing by GMAC Commercial Mortgage Corporation

The Continuum Company purchased the southernmost 12 acres of beachfront property on Miami’s South Beach in 1999. The first of two 40 story towers was completed in December 2003. The first Tower contains 318 luxury condominiums, including 18 townhouses surrounding its base. It features a 20,000 sf luxury spa, two acres of lagoon and swimming pools placed throughout lush tropical gardens, a world class clay court tennis center and beach pavilion. The tower is 100% sold out and occupied. The building’s apartments were sold for the highest price per square foot in South Beach.