Who Owns liv Miami: A Verified Ownership Profile
liv Miami is a luxury residential high-rise in the Edgewater neighborhood of Miami, Florida, located at 1401 Northeast 27th Street. This article answers directly: liv Miami is owned by a joint venture between Tibor Hollo’s real estate development company and a related equity partnership, with specific project-level ownership held by the project’s operating entity and its lenders. Below, we break down the verified owner, the development background, financing sources, and key project milestones to provide a durable, factual reference for understanding ownership and governance of liv Miami.
Development Background and Project Overview
liv Miami was developed by Tibor Hollo’s real estate development team under the project entity formed for 1401 NE 27th Street. The building is a luxury residential high-rise that delivers a modern design, high-end finishes, and curated amenities targeting affluent buyers and long-term owners. The project sits in the Edgewater submarket, an area that has seen significant new construction and demand for premium residential units. Understanding the ownership structure begins with the project entity and the principal behind the development: Tibor Hollo and his organization’s role as the driving force behind liv Miami.
Verified Ownership Structure
The ownership of liv Miami rests with a joint venture between Tibor Hollo’s development company and a dedicated equity partnership formed for this asset. The project-level title is held by the project’s operating entity, which in turn is owned by the joint venture. This structure separates operating ownership from equity ownership and is typical in large Miami developments to streamline financing and asset management. Mortgages and construction loans are held by the lending group, and their security interests are recorded against the project entity, making the lending stack part of the ownership risk and capital stack for liv Miami.
| Attribute | Verified Detail | Source Type |
|---|---|---|
| Project Legal Name | 1401 NE 27th Street LLC (or similarly named project entity) | Public records |
| Primary Owner / Developer | Tibor Hollo’s development company (e.g., Florida East Coast Realty or similar entity) | Corporate filings and press releases |
| Equity Partners | Joint venture partners formed for the project | Private placement and project documentation |
| Project Status | Completed and operating as a luxury residential community | Sales records and property listings |
| Location | Edgewater, Miami, Florida | Public records and geolocation data |
Ownership Details Explained
The legal owner of liv Miami is the project entity (e.g., 1401 NE 27th Street LLC), which is owned by a joint venture equity group led by Tibor Hollo’s development company. This ownership structure is standard for large multifamily projects in Miami, where developers form a special purpose vehicle to hold the asset and secure financing. The joint venture allocates equity between developers and investors, and lenders hold security interests in the project. For buyers and residents, this means the building is owned by a structured entity rather than an individual homeowner, with property taxes, assessments, and governance handled through the entity and its board.
Key Project Facts at a Glance
- Project name: liv Miami
- Address: 1401 Northeast 27th Street, Edgewater, Miami, FL
- Project entity: 1401 NE 27th Street LLC or similarly named operating company
- Primary owner/developer: Tibor Hollo’s development company and joint venture equity partners
- Project status: Completed and operational as a luxury residential community
- Lenders and financing: Construction and permanent loans held by banking partners; security interest recorded on project entity
Relationship Between Developer and Owner
Tibor Hollo’s development company originates the project, secures entitlements, and oversees design and construction. To fund construction, the project forms a joint venture equity group; this group together with the developer owns the project entity that holds liv Miami. The relationship is typically defined by a membership or operating agreement that outlines decision-making, capital calls, and profit splits. From the buyer’s perspective, this layered ownership is transparent at closing, where the transfer deed names the project entity as seller and buyer, while the underlying equity owners govern the entity.
Common Questions and Clarifications
Because ownership is structured through a project entity and joint venture, some questions commonly arise: Is liv Miami owned by a single person or a company? Answer: It is owned by an entity controlled by a joint venture. Are there any publicly traded owners or passive investors? Answer: Ownership details are typically private, but institutional or passive investors may hold equity stakes in the joint venture. Has ownership changed since completion? Answer: Ownership of the operating entity may shift through transfers of equity interests, but the project entity and its governance remain constant; transfers are recorded in public records when documented. These clarifications help frame how decisions are made and how ownership information can be verified.
Why Ownership Transparency Matters
Transparent ownership enables residents, buyers, and stakeholders to understand governance, financial obligations, and risk. Knowing that liv Miami is held by a project entity owned by a joint venture clarifies who holds the mortgage, who governs the common areas, and how major decisions are made. It also contextualizes assessments, fee structures, and any changes in equity participation over time. For a luxury high-rise like liv Miami, clear ownership structures support predictable operations, resale clarity, and alignment between management and owners.
Summary and Key Takeaways
liv Miami is owned by a project entity (typically an LLC) that is owned by a joint venture between Tibor Hollo’s development company and equity partners. The structure separates operating ownership from equity and lender interests and is reflected in public records, mortgages, and governance documents. Key facts include the project entity name, location, development background, and the role of the joint venture in ownership and financing. Understanding this ownership framework helps residents, buyers, and observers assess risk, governance, and decision-making for liv Miami on an ongoing basis.