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The Eichner family’s Continuum Company completed its bulk purchase of a waterfront condo building in North Miami where the firm plans a luxury condo tower.
The New York and North Bay Village-based development firm, led by Ian Bruce Eichner, paid $48.5 million for the four-story, 46-unit condo building at 12000 North Bayshore Drive, a spokesperson said. The developer previously secured approval to build a 22-story, 267-unit condo building.
Continuum plans to reveal project details and launch sales early next year, according to a press release.
Eichner, chairman and CEO of Continuum, said in a statement that the firm “worked closely with the owners at Mariners Bay to consolidate the property through the condominium termination process.” A termination of the association is a required legal step so a developer can eventually knock down the former condo building.
In October, CW Investment Advisers sued Continuum over the financing backing the buyout of Mariners Bay. CW alleges it’s owed more than half a million dollars in fees tied to the sale, which was expected to close earlier this year.
The developer began negotiating with unit owners about three years ago and secured a rezoning of the property to allow for a 217-foot residential tower earlier this year. The association was facing “mounting long-term deferred maintenance obligations and substantial special assessments,” according to the release, which totaled $6.5 million in repairs, the South Florida Business Journal previously reported.
About 1.5 acres of the property are submerged land in Biscayne Bay. The new project will have about 150,000 square feet of amenities, including a marina, water sports, golf and a health, wellness and social club. Kobi Karp Architecture and Interior Design is the project architect, Paul Duesing Partners will handle the interior design, and Martha Schwartz Partners is designing the landscaping.
Continuum has a $3 billion, 1,000-unit condo portfolio in South Florida that includes planned projects in North Bay Village and Bay Harbor Islands.
In August, Continuum secured a $67 million construction loan for the second phase of its Bay Harbor Islands condo project. The developer received the financing for La Baia North from S3 Capital Partners, a New York-based alternative lender that provides middle-market construction loans and bridge loans.
This summer, the development firm secured unanimous approval from the North Bay Village Commission for a special area plan, site plan and development agreement for the Continuum Waterfront District. The district is planned to have two Continuum condo towers, a 200-key Continuum hotel and a marina. One tower can now be up to 440 feet tall. The site includes the former Shuckers Waterfront Bar & Grill, now called the Palm Tree Club.
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Ian Bruce Eichner proposes 267-unit condo project in North Miami
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var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDo5OTg0Njc=”,”databaseId”:998467,”title”:”Continuum completes $49M bulk condo buyout in North Miami”,”status”:”publish”,”slug”:”eichners-continuum-completes-north-miami-condo-buyout”,”uri”:”/miami/2025/11/04/eichners-continuum-completes-north-miami-condo-buyout/”,”link”:”https://therealdeal.com/miami/2025/11/04/eichners-continuum-completes-north-miami-condo-buyout/”,”dateGmt”:”2025-11-04T19:30:00″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eThe Eichner family’s Continuum Company completed its bulk purchase of a waterfront condo building in North Miami where the firm plans a luxury condo tower. u003c/pu003enu003cpu003eThe New York and North Bay Village-based development firm, led by Ian Bruce Eichner, paid $48.5 million for the four-story, 46-unit condo building at 12000 North Bayshore Drive, a spokesperson said. The developer previously secured approval to build a u003ca href=”/miami/2023/12/07/continuums-bruce-eichner-plans-north-miami-condo-project/”u003e22-story, 267-unit condo buildingu003c/au003e.u0026nbsp;u003c/pu003enu003cpu003eContinuum plans to reveal project details and launch sales early next year, according to a press release.u0026nbsp;u003c/pu003enu003cpu003eEichner, chairman and CEO of Continuum, said in a statement that the firm “worked closely with the owners at Mariners Bay to consolidate the property through the condominium termination process.” A termination of the association is a required legal step so a developer can eventually knock down the former condo building.u003c/pu003enu003cpu003eIn October, CW Investment Advisers u003ca href=”/miami/2025/10/28/eichners-firm-sued-over-loan-for-north-miami-condo-buyout/”u003esued Continuumu003c/au003e over the financing backing the buyout of Mariners Bay. CW alleges it’s owed more than half a million dollars in fees tied to the sale, which was expected to close earlier this year.u0026nbsp;u003c/pu003enu003cpu003eThe developer began negotiating with unit owners about three years ago and secured a rezoning of the property to allow for a 217-foot residential tower earlier this year. The association was facing “mounting long-term deferred maintenance obligations and substantial special assessments,” according to the release, which totaled $6.5 million in repairs, the South Florida Business Journal previously u003ca href=”https://www.bizjournals.com/southflorida/news/2025/04/09/mariners-bay-condo-north-miami-replaced-new-tower.html”u003ereportedu003c/au003e.u0026nbsp;u003c/pu003enu003cpu003eAbout 1.5 acres of the property are submerged land in Biscayne Bay. The new project will have about 150,000 square feet of amenities, including a marina, water sports, golf and a health, wellness and social club. Kobi Karp Architecture and Interior Design is the project architect, Paul Duesing Partners will handle the interior design, and Martha Schwartz Partners is designing the landscaping.u003c/pu003enu003cpu003eContinuum has a $3 billion, 1,000-unit condo portfolio in South Florida that includes planned projects in North Bay Village and Bay Harbor Islands.u0026nbsp;u003c/pu003enu003cpu003eIn August, Continuum secured a u003ca href=”/miami/2025/08/26/eichners-continuum-gets-construction-loan-for-la-baia-north/”u003e$67 million construction loanu003c/au003e for the second phase of its Bay Harbor Islands condo project. The developer received the financing for La Baia North from S3 Capital Partners, a New York-based alternative lender that provides middle-market construction loans and bridge loans.u003c/pu003enu003cpu003eThis summer, the development firm secured unanimous u003ca href=”/miami/2025/06/23/north-bay-village-approves-eichners-mixed-use-project/”u003eapprovalu003c/au003e from the North Bay Village Commission for a special area plan, site plan and development agreement for the Continuum Waterfront District. The district is planned to have two Continuum condo towers, a 200-key Continuum hotel and a marina. One tower can now be up to 440 feet tall. The site includes the former Shuckers Waterfront Bar u0026amp; Grill, now called the Palm Tree Club.u003c/pu003enu003csection class=”ReadMoreSection_root”u003entu003ch4 class=”ReadMoreSection_title”u003eRead moreu003c/h4u003enttttttttu003ca class=”BlogrollPost” href=”/magazine/august-2025/the-eichner-continuum/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/08/Allie-Eichner-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eMeet Alexandra Eichner, next in line at the Continuum Companyu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/miami/2025/10/28/eichners-firm-sued-over-loan-for-north-miami-condo-buyout/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/10/Eichners-Firm-Sued-Over-Loan-For-North-Miami-Condo-Buyout-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”Bruce Eichner and a rendering of the Mariners Bay at 12000 North Bayshore Drive in North Miami” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eEichner’s Continuum sued over financing for North Miami condo buyout dealu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/miami/2023/12/07/continuums-bruce-eichner-plans-north-miami-condo-project/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”150″ height=”106″ src=”https://static.therealdeal.com/wp-content/uploads/2023/12/ft_MIA_New-Eichner-Project-Proposal-150×106.jpg” class=”FeaturedImage_image wp-post-image” alt=”Continuum’s Bruce Eichner Plans North Miami Condo Project” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eIan Bruce Eichner proposes 267-unit condo project in North Miamiu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttu003c/sectionu003enntt”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Bruce Eichner’s firm plans waterfront condo tower on the Mariners Bay site”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-04T19:37:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003cpu003eu003c!– wp:list –u003eu003c/pu003ernu003cul class=”wp-block-list”u003eu003c!– wp:list-item –u003ernu003cliu003eThe Eichner family’s Continuum Company completed a $48.5 million bulk purchase of the four-story, 46-unit Mariners Bay condo building at 12000 North Bayshore Drive in North Miami.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe firm plans to build a new 22-story, 267-unit luxury condo tower on the waterfront site, which includes 1.5 acres of submerged land. It will feature amenities like a marina and a social club.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe Mariners Bay association was facing substantial special assessments and deferred maintenance obligations. u003c/liu003ernu003c!– /wp:list-item –u003eu003c/ulu003ernu003cpu003eu003c!– /wp:list –u003eu003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/kPw6euFryOE4nvsnYlgj/kPw6euFryOE4nvsnYlgj.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1400×933.jpg”,”srcSet”:”/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1400×933.jpg 1400w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-300×200.jpg 300w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-700×467.jpg 700w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-200×133.jpg 200w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-768×512.jpg 768w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1024×683.jpg 1024w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-50×33.jpg 50w, /wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eAlexandra Eichner and Bruce Eichner with a rendering of the project at 12000 North Bayshore Drive (Cu0026#8230;u003c/pu003en”,”altText”:”Alexandra Eichner and Bruce Eichner with a rendering of the project at 12000 North Bayshore Drive (Continuum, Getty)”,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”Alexandra Eichner and Bruce Eichner with a rendering of the project at 12000 North Bayshore Drive (Continuum, Getty)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1400×933.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout-50×33.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eAlexandra Eichner and Bruce Eichner with a rendering of the project at 12000 North Bayshore Drive (Cu0026#8230;u003c/pu003en”,”altText”:”Alexandra Eichner and Bruce Eichner with a rendering of the project at 12000 North Bayshore Drive (Continuum, 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/u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Continuum completes $49M bulk condo buyout in North Miami” /u003enu003cmeta property=”og:description” content=”The Eichner family’s Continuum Company completed its bulk purchase of a waterfront condo building in North Miami.” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/04/eichners-continuum-completes-north-miami-condo-buyout/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-04T19:30:00+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Continuum-Completes-North-Miami-Condo-Buyout.jpg” /u003entu003cmeta property=”og:image:width” content=”1500″ /u003entu003cmeta property=”og:image:height” content=”1000″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”Katherine Kallergis” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”The Eichner family’s Continuum Company completed its bulk purchase of a waterfront condo building in North Miami where the firm plans a luxury condo tower. The New York and North Bay Village-based development firm, led by Ian Bruce Eichner, paid $48.5 million for the four-story, 46-unit condo building at 12000 North Bayshore Drive, a spokesperson said. The developer previously secured approval to build a 22-story, 267-unit condo building.u0026nbsp; Continuum plans to reveal project details and launch sales early next year, according to a press release.u0026nbsp; Eichner, chairman and CEO of Continuum, said in a statement that the firm “worked closely [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Shea Monahan” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”3 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/04/eichners-continuum-completes-north-miami-condo-buyout/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/04/eichners-continuum-completes-north-miami-condo-buyout/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/2ec87f8cf2214bd77d8b7913c476cf43″,”name”:”Katherine Kallergis”,”image”:{“@type”:”ImageObject”,”url”:”https://secure.gravatar.com/avatar/c2c25fd6c44919923b90a57ca205e61f043ea5fe246acf98f17af994b2103337?s=96u0026#038;d=mmu0026#038;r=g”},”description”:”Katherine Kallergis is residential bureau chief and a senior reporter at The Real Deal. Katherine, who has won awards from NAREE and the Society of Professional Journalists, reports on the South Florida market, with a focus on residential real estate and new development. She also works with reporters across TRD’s markets covering the resi beat, and writes The Weekly Dirt newsletter. 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Miami market relevance
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Eichners Continuum Completes North: What to Plan Before You Start
Eichners Continuum Completes North: Practical Checklist
- Confirm scope and audience
- Define the content goal and CTA
- Use clear headings and examples
- Add supporting internal links
- Review before publishing
Most quality issues come from unclear scope and rushed publishing. A simple checklist improves consistency and readability.
Review your introduction, headings, and conclusion to ensure the article matches search intent and provides practical next steps for the reader.
FAQ: Eichners Continuum Completes North
What should be planned first?
Start with the goal, audience, and deliverables so the final content and media support the same outcome.
Need help implementing this workflow? Contact Miami Real Estate Insights & Market Trends to plan a practical content and media process.