What CMC Group does

CMC Group is a Miami-based, privately held real estate development company founded in 1986 by Ugo Colombo. The company focuses on luxury residential development in South Florida's most desirable waterfront submarkets, currently operating two primary projects: Vita at Grove Isle (65 waterfront condominium residences, over 70% pre-sold, expected completion late 2025) and Four Seasons Private Residences Coconut Grove (70 residences in a 20-story tower, groundbreaking October 2025, expected completion mid-2028). The Four Seasons project is co-developed with Fort Partners and represents Florida's first standalone Four Seasons-branded residential property, designed by Luis Revuelta with interiors by Michele Bönan.

CMC Group's business model centers on developing and selling luxury branded residences to high-net-worth individuals, including wealthy New Yorkers relocating to Miami, seeking trophy waterfront property combined with hotel-brand services and prestige. Pricing is not publicly disclosed but is quote-based, with residences ranging from 2,025 to 3,975 square feet and penthouses up to 9,690 square feet. Branded residences in the segment command 30-50% premiums over market comparables according to industry data, and CMC Group achieves 70%+ pre-sales prior to construction completion. The company sells directly through its own sales arm (CMC Real Estate) and, for the Four Seasons project, jointly with Fort Realty.

CMC Group funds its developments through construction loans rather than equity investment rounds, having secured $239 million from Bank OZK in January 2024 for Vita at Grove Isle and $323.8 million from Bank OZK in 2025 for Four Seasons Private Residences Coconut Grove — cumulative lender commitment exceeding $560 million across two deals. The company is privately held with no disclosed parent company or institutional investor, operates with 51-100 employees, and maintains its headquarters in Miami, Florida.

Name

CMC Group

Website

https://cmcgroupmiami.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

51–100 employees

Short description

CMC Group is a Miami-based luxury real estate developer founded in 1986, specializing in branded and waterfront condominium residences for high-net-worth buyers in South Florida, with active projects at Grove Isle and Coconut Grove.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Luxury Residential Development Sales: CMC Group generates revenue through the development and sale of luxury residential units. The company develops branded residential properties (condominiums and residences), sells units to buyers at premium prices, and collects full payment upon closing. Projects are typically pre-sold before or during construction.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

CMC Group is a Miami-based real estate development company that develops and sells luxury residential properties in South Florida. The company builds branded waterfront condominium projects, including partnerships with luxury hotel brands such as Four Seasons, and sells individual residential units directly to high-net-worth buyers, typically on a pre-sale basis before or during construction.

Product overview

CMC Group is a Miami-based real estate developer specializing in luxury residential properties. The company operates two primary product lines: (1) branded residential developments in partnership with luxury hotel brands, including the Four Seasons Private Residences Coconut Grove, and (2) independent luxury condominium projects such as Vita at Grove Isle. Both offerings target high-net-worth buyers seeking premium waterfront living in South Florida.

Differentiator

Problem solved

Functional benefit

Products and services

• Four Seasons Private Residences Coconut Grove
• Vita at Grove Isle

Quantifiable outcome

• Branded residences command 30-50% premium over market comparables
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Fort PartnerscoreStrategic or Co-development PartnerCMC Group and Fort Partners are co-developers of Four Seasons Private Residences Coconut Grove, Florida's first standalone Four Seasons-branded residential property. Fort Partners brings extensive experience in luxury hospitality and residential development in South Florida. CMC Real Estate and Fort Realty jointly manage sales for the project.
• Four Seasons Hotels and ResortscoreStrategic or Co-development PartnerFour Seasons is the hotel brand partner for CMC Group's Four Seasons Private Residences Coconut Grove project, marking Florida's first standalone Four Seasons-branded residences without an accompanying hotel. Four Seasons provides brand prestige, hospitality standards, and services to the residential property.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Fort Partners: Co-developer with CMC Group on the Four Seasons Private Residences Coconut Grove. Fort Partners is a South Florida luxury hospitality and residential developer with direct overlap in product type, buyer segment, and submarket.
• Related Group: One of the largest Miami-based luxury condominium developers with comparable high-rise branded and ultra-luxury product in South Florida. Same target buyer (HNW), same geography, and overlapping brand-partner strategy.
• Swire Properties: Developer of luxury Brickell residential towers (e.g., Brickell City Centre, Mr. C residences). Directly comparable in Miami waterfront/high-rise luxury product and in targeting HNW international and domestic buyers.
• Terra Group: Miami-based developer focused on luxury and ultra-luxury residential condominiums (e.g., Missoni Baia, Porsche Design Tower). Comparable product type, price points, and buyer segment in the same South Florida market.
• Crescent Heights: Long-standing Miami luxury condominium developer (e.g., Panorama Tower, Brickell Flatiron). Direct competitor in Miami high-rise luxury product targeting similar HNW buyer profiles.
• Property Markets Group: Miami-focused luxury and ultra-luxury condominium developer (e.g., Aston Martin Residences, The Residences at 1428 Brickell). Directly comparable in branded luxury product and waterfront Miami pipeline.
• Witkoff Group: Developer of luxury Miami condominiums (e.g., The Residences at the Miami Beach EDITION) and other branded ultra-luxury product. Comparable in luxury branded residences targeting HNW buyers in South Florida.

Broad incumbents

• The Related Companies: National luxury real estate developer with extensive high-rise and branded residence experience (e.g., Hudson Yards, The Point). Comparable in luxury product type and brand-partner approach, but operates at a much broader national scale.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cmcgroup2
• LinkedInlinkedin.com/company/cmcgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CMC Group