F
ort Partners has completed its boutique condo project, Seaway at the Surf Club, adjacent to its record-breaking Four Seasons Hotel and Residences in Surfside. The 34-unit development at 9149 Collins Avenue has sold 13 luxury condos, with one buyer acquiring four units for $50.9 million.
The buyers include Jeff Aronson, co-founder of Centerbridge Partners, who paid $12.3 million for unit 803; GTW Florida LLC's David Foley, who paid $24.5 million for unit 702; and Timothy Barakett's SLB Management, which paid a combined $18.5 million for units 801 and 407.
Ninth Cloud LLC acquired four units for $50.9 million, while Marie Trust paid $31.9 million for units 502 and 504. Lane Family 2012 Trust paid $19.5 million for units 406 and 401, and JAR 2021 LLC paid $23.2 million for unit 802.
The Seaway condos offer access to Four Seasons Residences amenities, including four swimming pools and a private club with a restaurant by chef Thomas Keller. The project was designed by Joseph Dirand. Fort Partners is also building the 17-unit Surf House at 8955 Collins Avenue, adjacent to its Four Seasons complex.
In related news, Damac Properties has hired Douglas Elliman to sell a luxury condominium planned for the site of the Surfside condo collapse, where 98 people died in 2021. The project will feature 52 units and is expected to be developed by Damac.
realestate
Seaway at the Surf Club Luxury Condo Project Reaches Completion Phase
Fort Partners completes boutique condo project near Four Seasons Surf Club in Surfside.
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Rockford Housing Market Gains Momentum with New Hispanic Real Estate Partnership
City leaders expect NAHREP to boost Hispanic homeownership rates.
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Commercial Real Estate Forum Held by Southeastern Association
Sandoval Economic Alliance holds partner luncheon at Quezada's Comedy Club, focusing on commercial real estate.
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KingSett freezes withdrawals from $1.9 billion flagship private equity fund.
Investors locked into the fund for at least one year due to no cash distributions or redemptions allowed.