Photo Credit: Courtesy of The Estates at Acqualina

The online event will feature Craig Studnicky, Co-founder and CEO of International Sales Group and RelatedISG, and will be moderated by Alex Vidal of RelatedISG International Realty. They will be talking extensively about the current state of the Miami and South Florida real estate market.

To make it as engaging as the in-person AcquaTalks of past months, viewers can submit their questions when they register.

Photo Credit: ARX Solutions

“To stay connected with our all-important and valued broker community, we felt it was necessary during these uncertain times to bring our popular AcquaTalks series to them virtually,” said Michael Goldstein, president of sales for The Estates at Acqualina. “AcquaTalks keeps growing and is available to everyone in the real estate industry. We look forward to sharing our online series of discussions and important topics for this time.”

Photo Credit: ARX Solutions

The $1.8 million development is coming off its recent announcement of AcquaFit, the health and fitness sanctuary inside Villa Acqualina, the five-story, 45,000-square-foot amenity complex at The Estates.

Residences at The Estates at Acqualina are priced from $6.2 – $17 billion, Penthouses from $25-32 million. Visit the Sales Gallery at 17895 Collins Avenue, Sunny Isles Beach, Florida, call 305.933.6666, or visit the website at www.EstatesAtAcqualina.com.

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The Summit had already featured two other, separate panels with a “who’s who” in the real estate market: developers, and international brokers. The local brokers brought it home to a successful and informative talk.

Phil Gutman, Lourdes Alatriste, Crista Ryan, Christian Martinez, Sebastian Tettamanti, Maria Eugenia Alvarez Vitale, Steve Solomon

The panelists joined Moderator Alex Vidal, President of RelatedISG International Realty in a capacity-filled event space within the luxurious Residences by Armani/Casa (18975 Collins Avenue, Sunny Isles Beach, Florida), developed by Dezer Development.

They spoke about the current state of the real estate market in Miami-Dade and close communities in Broward and Palm Beach counties that are a quick drive up I-95 and enjoy the same South Florida weather yearlong. Other topics included: What makes Miami and South Florida such an active destination for many around the country and the world, contrasts between the renting and buying markets, the ins and outs of searching and asking for proof of funds from potential buyers, the impact of brand names on a project, and more.

When asked about the state of the market, Maria Eugenia Alvarez Vitale, Head of Sales of G&G Business Developments, said, “The market is good.” She is currently focused on sales of Aston Martin Residences in Downtown Miami, an area that she has gotten to know even more through her involvement with the British carmaker’s namesake building. "We are over 50% sold in Aston Martin Residences. The downtown area is booming," she added.

Photo Credit: Romain Maurice

Phil Gutman, President of Brown Harris Miami, opined from the brokerage point of view, comparing the high- and middle-priced homes in the luxury market. “The upper part of the market has been doing well; the middle not so much.”

Palm Beach County real estate expert Steve Solomon, Senior Director of Luxury Sales at Douglas Elliman Real Estate based in Boca Raton, said, "In Boca Raton and Delray Beach, the market is very good. There are many buyers in the market. It's an active season for the $1-3 million range."

Vidal asked, “Besides the weather and tax incentives, what drives people to move to Miami?” Crista Ryan answered, "The wonderful security. We ride our bicycles and feel safe in our communities." She is based in Palm Beach County, where she acts as President of Tina Fanjul Associates. New York native Gutman added, “The quality of life. I grew up walking NY's streets, hearing taxis screech on the road. Here it's more laid back, but we have a lot of companies' headquarters in the area."

Participating as part of the “home team”, Senior Vice President of Dezer Development Sebastian Tettamanti spoke about renting versus buying. "The rental market is very active. The buyer is taking a bit longer,” he said. “Now that there is so much product, agents take clients to more locations. However, the product is moving and we are making sales."

Christian Martinez, Regional Vice President of Florida at Compass, said, "Higher listings take longer, but we see them moving. It also depends on the market. Certainly in Miami, Coral Gables and Coconut Grove have an active market” as he remarked on famous sections of the Greater Miami Area. He added, “Overall, New York money continues to flow into Broward and Palm Beach counties."

Partner and Private Office Advisor of Engel & Völkers Miami Lourdes Alatriste emphasized how members of the luxury real estate market need to research potential buyers for proof of funds. “At that level of luxury properties, you should know who they are."

April Donelson, Cheryl Casone

Photo Credit: Romain Maurice

Fox Business Network Anchor Cheryl Casone was present with her FBN:AM film crew to cover the Summit.

Once the panel ended, Haute Living’s Seth Semilof closed the day by thanking all panelists, Vidal, those in attendance and Residences by Armani/Casa for what was the real estate event of the season.

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Louis Birdman, Shahab S. Karmely, Edgardo Defortuna, Daniel Kodsi, Gil Dezer, Eric Fordin, Ricardo Tabet, Marcelo Kingston

Photo Credit: Romain Maurice

The panelists spoke extensively about the past, present and future of development growth in Miami, South Florida, on national, and international levels. Their developments in Miami have generated worldwide headlines and were rightfully highlighted in their answers. As well-known names in the real estate and development community, they were the perfect start to the full day's worth of panels at the Summit.

Gil Dezer, Kamal Hotchandani, Sebastian Tettamanti

Photo Credit: Romain Maurice

Residences by Armani/Casa developer Gil Dezer, President of Dezer Development remarked on the boom that the real estate industry in Miami is experiencing. "(To) people trying to time the market and be financial analysts, stop," he said. "If you think it's expensive now, just wait, because it's not going to get any cheaper," answering about why people should buy properties now.

Shahab S. Karmely speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Shahab S. Karmely, Founder of KAR Properties LLC and a staple in the development world of Miami having developed marvels like One River Point, once again participated in the exclusive panel at Haute Residence's annual real estate summit.

Daniel Kodsi speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Daniel Kodsi, CEO of Royal Palm Companies, spoke about PARAMOUNT Miami Worldcenter, a project that is taking downtown Miami and South Florida by storm as the most amenitized building in the U.S., situated 90 feet above the ground. "When we started talking about it, we said 'let's do one great building. It has got to survive probably through a couple of markets from the day you launch it to the day you finish it,'" he said, helping to grasp the longevity of time and "developments" that can happen throughout the building of a project the size of PARAMOUNT.

Louis Birdman speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Louis Birdman echoed that and added, "Miami is a relative bargain compared to other global cities". The South Florida cosmopolitan city has attracted hundreds, if not thousands, of residents from high-profile areas like New York. As co-developer of the recently-completed One Thousand Museum by Zaha Hadid Architects, designed by the architecture genius, he said, "We wanted someone that had no preconception about Miami" as he remembered how Hadid ended up as the one for the job.

Ricardo Tabet speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Ricardo Tabet, Co-founder and CEO of Optimum Development USA was present less than a week since the groundbreaking ceremony of Monaco Yacht Club & Residences, the boutique luxury residential building that will house its own marina in the MiMo district of Miami Beach.

Edgardo Defortuna speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Co-founder and CEO of Fortune International Group and Miami expert Edgardo Defortuna said, "Miami attracts the best crowds of everyone throughout the world," as he spoke fondly of the Magic City and its surroundings, where he has been responsible for billions of dollars in real estate transactions.

Eric Fordin speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Eric Fordin, Vice President at The Related Group, joined Haute Residence's real estate summit for the first time. Fordin oversees land acquisition, partnership agreements, development budget creation, project fiscal responsibility at Related, which he joined in 2004.

Marcelo Kingston speaking at "Titans of Miami" panel

Photo Credit: Romain Maurice

Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management (REAM) said, "The connectivity to the beach, to the boardwalk and the natural landscape of Miami will make your life at 57 Ocean unique and special," as he described the highly-anticipated project's, which recently hosted a special dinner for the Haute Living Dallas issue featuring NFL Hall of Famer Troy Aikman during Super Bowl week.

Moderator Alex Vidal with "Titans of Miami" panelists

Photo Credit: Romain Maurice

President of RelatedISG International Realty Alex Vidal served as Moderator for the panel, asking questions of the Titans that produced answers which engaged and did not let go of the audience for over an hour. A successful start to the real estate summit that was just getting started.

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Haute Living’s “Luxe And Leisure Weekend” was a weekend where guests were able to indulge in a weekend of luxury as Haute Living and Brickell City Centre partner together to present a series of curated events featuring some of the world's greatest luxury brands in the watch, automobile, fashion, and culinary industries. One of the many highlights from the weekend was a special real estate panel for Haute Residence about the future of downtown Miami that took place at Rise tower at Brickell City Centre.

The panel was moderated by Related ISG’s Alex Vidal and included powerhouses in the real estate area such as Douglas Elliman’s Cecilia Hinojosa, Related ISG’s Craig Studnicky, ONE Sotheby’s Harvey Daniels, Engel & Völkers’ Magnus Jennemyr, and Compass’ Andres Larin.

During the discussion, many interesting points were brought up about the downtown Miami area. Those in attendance who are downtown residents may have agreed with many of the observations and predictions that were brought up.

One point that came up in the talk was downtown becoming more connected than ever before. Harvey Daniels states "there's always been a break.. and now there's connectivity, a flow of retail and restaurants." If you’ve been in the downtown Miami area lately, you’ve seen the scooters that downtown residents and visitors are utilizing to maneuver from various downtown establishments that are short distances. With new buildings and restaurants being built, residents are living feet away from downtown museums and restaurants that bring the community closer than ever.

Many real estate professionals noted that 10 years ago, no one wanted to live in the downtown Miami area. Andres Larkin spoke about how he's been in Miami for about 10 years and feels "we have now reached that work, play lifestyle." An appealing quality developers are taking note of is creating working spaces in their buildings. With spaces to work and live, buyers feel more inclined to lease or buy because they have no commute time and they are getting a space to live and work in one building.

Panelists noted how downtown Miami is becoming more metropolitan like New York City. Like New York City, downtown Miami is creating more public spaces where people can partake in outdoor yoga along with various entertainment shows happening that appeal to everyone. With places like Brickell City Centre hosting farmer’s markets and other community activities, downtown residents are able to feel more connected to their neighbors like never before.

The discussion ended with giving Miami an age if it were a person. Many said Miami was a mature woman in her 30s while Cecilia Hinojosa believes Miami is "ageless." Miami, especially the downtown area, is maturing. It’s no longer just a place to go out during the weekend and leave. Downtown Miami is providing something for everyone. For the entrepreneur who wants to live close to his business to the family who wants to ditch their car to live in a more pedestrian-friendly environment to be in the mix of things. There’s a neighborhood in Miami for everyone. More and more buyers are seeing the growth that has happened in downtown over the last few years and want to be a part of it. For those looking to buy in the downtown Miami area, it is definitely the best time to do so. Downtown Miami is becoming the hub for all things and with developers taking note of what buyers are wanting as they look in the downtown area, more and more people will see that there’s a place for them downtown.

The evening ended with a cocktail hour in one of Rise towers' penthouses where attendees were able to take in the breathtaking view of downtown Miami's Brickell neighborhood. Here, guests were able to experience firsthand all that living downtown is about. With residential buildings like Brickell City Centre's Reach and Rise towers, buyers are able to be in the midst of everything like proximity to amazing retailers, restaurants and have amenities that give them the luxurious Miami lifestyle.

Photos courtesy of Romain Maurice

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