National real estate firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. The financing package includes a record-setting $235 million C-PACE loan from Nuveen Green Capital and a $230 million traditional construction loan from Bank Hapoalim (BHI). The 67-story luxury tower is rising in the heart of the Miami Worldcenter urban core.

Designed by Arquitectonica with interiors by Rockwell Group, JEM will feature 259 residences starting on the 43rd floor, including exclusive Sky Villas with Interiors by FENDI Casa. The project broke ground in April 2024 and is already rising past its sixth level, remaining on track for completion in Q4 2027. Strong sales momentum, including a recent $8 million Sky Villa sale, underscores the demand for the high-quality product.

Naftali Group emphasized that JEM Private Residences offers unparalleled quality in one of Miami's only truly walkable destinations, positioned centrally within Miami Worldcenter near major transportation hubs like Brightline and Metrorail. The development is designed to bring a new level of quality and detail to the Miami skyline, standing the test of time.

The 50th-floor amenity suite offers resort-style living, crowned by a 60-foot outdoor pool featuring a sculpture by Lorenzo Quinn. Wellness and social offerings include an indoor Sky Lounge, a state-of-the-art fitness center with a boxing arena and yoga patio, and a dedicated spa suite with steam, salt, and sauna rooms.