MIAMI, FL - Mast Capital, one of Florida’s most active real estate development and investment firms, and AEW, a global real estate investment firm, today announced the sale of Remi on the River, a luxury apartment community in the vibrant Miami River District, to Valeris Capital. Delivered in 2024, the 342-unit property at 999 NW 7th St. is strategically positioned minutes from Miami’s Brickell Financial District, the Miami Health District, and Downtown Miami.
“The sale of Remi on the River underscores the property’s exceptional lease-up performance, the quality of its design and amenities, and the growing appeal of the Miami River District as a premier destination for waterfront living,” said Camilo Miguel Jr., CEO and Founder of Mast Capital. “This project reflects our commitment to investing in the continued revitalization of this vibrant neighborhood.”
CBRE, led by Robert Given, Troy Ballard and Michael Mulkern, advised on the sale of the property.
Spanning over 400 feet of unobstructed water frontage along the Miami River, Remi on the River offers a variety of thoughtfully designed floor plans, including studios, one-, two-, and three-bedroom apartments ranging from 465 to 1,334 square feet. Residences feature modern European-style kitchens with stainless-steel appliances, built-in wine refrigeration, and front-control ranges in select units, complemented by sweeping views of the Miami River and skyline.
Designed by Corwil Architects, the community provides a comprehensive suite of amenities, including a resort-style swimming pool, aqua lounge, state-of-the-art fitness center, and a resident lounge with coworking spaces. Additional highlights include a clubroom and private, access-controlled parking.
Remi on the River is ideally situated near Miami’s finest dining and chef-driven restaurants, designer shopping, and premier entertainment destinations. The community is also within close proximity to cultural landmarks such as the HistoryMiami Museum, the Miami Children’s Museum, and the Museum of Graffiti. Residents enjoy convenient access to vibrant neighborhoods including Downtown Miami, Brickell, Wynwood, Midtown Miami, and Miami Beach. Stretching 5.5 miles through the city, the Miami River is a lively corridor for commercial cargo, leisure boating, and water sports, offering a dynamic waterfront backdrop to everyday life.
About Mast Capital: Founded in 2006, Mast Capital is a leading, vertically integrated real estate investment and development firm, driven by a global vision to transform communities and reshape the real estate landscape. By seamlessly blending innovative investment strategies with visionary design, Mast Capital has cultivated a diverse portfolio exceeding $4 billion in total project capitalization. As one of Florida’s most dynamic development firms, Mast Capital currently manages twelve active developments with a substantial future pipeline, spanning residential condominiums, multifamily developments, luxury hotels, commercial properties, operating businesses, and land designated for development. In nearly two decades, Mast Capital’s profound expertise and value-driven approach has uniquely positioned the firm to adeptly navigate market complexities and identify untapped investment opportunities. The firm's unwavering commitment to excellence and crafting timeless icons, has solidified its reputation as an industry pioneer, devoted to maximizing investment returns and ensuring the long-term success of each venture. For more information on Mast Capital’s portfolio, visit www.MastCapital.com
About AEW: For over 40 years, AEW Capital Management, L.P. (AEW) has provided real estate investment management services to investors worldwide. As one of the world’s largest real estate investment advisors¹, AEW and its affiliates manage $87.0 billion in private real estate equity, debt and listed securities across North America, Europe and Asia (as of June 30, 2025). Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum. AEW and its affiliates have offices in Boston, Los Angeles, Denver, London, Paris, Hong Kong, Seoul, Singapore, Sydney and Tokyo, as well as additional offices in eight European cities. For more information, please visit www.aew.com