Black Lion has successfully acquired the trophy waterfront restaurant building Amara at Paraiso from the seller, Related Group. Related Group is a world-renowned commercial real estate company that has completed many skyscraper condo projects and is known for creative ventures with Equinox, Soul Cycle, and other leading luxury brands. Robert Rivani, President of Black Lion Investment Group, stated, “We are thrilled to be a part of the vibrant retail and fine dining experiences that are making Miami the go-to destination in a post-COVID-19 world. We believe this is the first step in a multi-faceted approach to creating new experiences within the Miami community.”
Black Lion Investment Group will utilize a modern approach to one of the fastest-growing markets in the US food and beverage industry. James Beard Award-winning chef Michael Schwartz is at the helm of the popular indoor-outdoor dining space that was voted Miami Eatery’s 2018 restaurant of the year. Amara at Paraiso is a breathtaking 12,300 square foot picture-perfect property and is one of the only free-standing restaurants in Miami located directly on the bay. This unique Class A experiential retail and dining facility is part of a larger project that involves the residential complex Paraiso Bay containing 1,300 residential units that are home to Alex Rodriguez, David Guetta, Gael Monfils, Arantxa Sanchez, and many others.
Fabio Faerman and Sebastian Faerman of FA Commercial represented both Black Lion and Related Group in the acquisition of the $12,100,000 property. This new edition builds upon Black Lion’s impressive portfolio of properties in Florida including the recently renovated Crystal Cove Commons and Brickell Bay Boardwalk. This development advances Black Lion’s strategy to bring world-renowned brands to the booming Miami area. President Robert Rivinani is aggressively searching for more opportunities in the South Florida market to add to the rapidly expanding commercial real estate companies portfolio. In order to fulfill this creative vision, the Los Angeles-based firm recently acquired the Tucson luxury retail center Oracle Wetmore for a purchase price of $38 million. For more information on Black Lion Investment Group’s upcoming acquisitions and President Robert Rivani please go to their official website and Instagram.