Wave Group Developments is a Miami Beach-based real estate development and capital structuring firm founded in 1993 by Alessandro Ferretti. Over more than three decades, Wave Group has created, structured, raised capital for, acquired, developed, and sold numerous South Florida real estate projects, specializing in distressed and ground-up hospitality, condominium, and office assets backed by cross-border capital from Italy, Spain, Latin America, and the U.S. Notable projects include The Sharon/Sharalton/Shoreclub Hotel, The Ambassadors of Miami Condo, The Atlantic Center Office Condo (designed by Arquitectonica), The Traymore Hotel, Artecity Condo (a 202-unit development designed by Arquitectonica), and The Lord Balfour, a 66-room boutique hotel at 350 Ocean Drive developed in partnership with Eidico (Argentina) and Room Mate Hotels (Spain). Wave Group's current focus is Duos Wynwood, an 8-story, 49-unit short-term-rental-friendly condominium at 335 NW 28th Street in Miami's Wynwood neighborhood, developed in partnership with Vitrium Capital (Argentina, Uruguay, Paraguay) and Zambala Luxury Apartments (Milan, Italy). Sales launched April 2026, with construction beginning in early 2027 and completion anticipated in 2028.
| Website | http://www.wavemiami.com |
| Revenue | $7 million |
| Employees | 4 (1 on RocketReach) |
| Founded | 1993 |
| Address | 350 Ocean Dr, Miami Beach, Florida 33139, US |
| Phone | +1 305-673-0401 |
| Technologies |
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| Industry | Real Estate, Hospitality General, Hospitality |
| Keywords | Marketing, Real Estate Development, Sales, Property Development, Construction Management, Project Planning, Design Coordination, Feasibility Studies, Market Analysis, Business Planning, Integrated Design, Project Supervision, New Construction, Real Estate, Property, Development, Construction, Design, Planning |
| Competitors | Urban Pacific Real Estate, Blue Flag Partners, Mercer Partners, Inc. (view competitors) |
| SIC | SIC Code 701 Companies, SIC Code 6531 Companies, SIC Code 65 Companies, SIC Code 70 Companies, SIC Code 653 Companies |
| NAICS | NAICS Code 53 Companies, NAICS Code 531 Companies, NAICS Code 72 Companies, NAICS Code 5312 Companies, NAICS Code 721 Companies |
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Wave Group Developments Questions
The Wave Group Developments annual revenue was $7 million in 2026.
1 people are employed at Wave Group Developments.
Wave Group Developments is based in Miami Beach, Florida.
The NAICS codes for Wave Group Developments are [53, 531, 72, 5312, 721].
The SIC codes for Wave Group Developments are [701, 6531, 65, 70, 653].
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