Jesse Ottley, Alicia Cervera, Keith Menin, Ali Cervera, Jared Galbut

Photo Credit: Courtesy of Natiivo Miami

Keith Menin, Founder of Menin Hospitality and developer of Natiivo Miami, spoke to the brokers, family, and friends in attendance about the latest milestone in the Downtown Miami multi-use project. Alicia Cervera, Managing Partner of Cervera Real Estate, the exclusive sales team for the project, and Jesse Ottley, President of Development Sales at Cervera, joined Menin to welcome the selective guest list to the evening, which followed safety guidelines with a temperature-taking station at the entrance of Dolce Italian's terrace where the cocktail was held. Menin also made the announcement that Dolce Mercato and Bodega Taqueria will open locations at Natiivo.

Photo Credit: Courtesy of Natiivo Miami

“Tonight we are launching our penthouses, from floors 48 to 51," said Menin. "We have a partnership with Sub-Zero Wolf for a complete appliance package with all state of the art appliances and highest end products. The penthouses will also feature furniture and accessories by RH, enhancing the vibe that everyone loves at Natiivo Miami.”

Added Cervera, “We’re so excited to launch our penthouse collection furnished by RH  in our magnificent Natiivo in the heart of Downtown Miami that you all have helped make happen with your incredible support and unwavering tenacity through thick and thin.”

Photo Credit: Courtesy of Natiivo Miami

“I’m personally very excited and proud to sell the penthouses," says Claudia Llanes, exclusive in-house sales agent at Natiivo and member of the Haute Residence network. They will be spacious and have a very earthy, modern, and chic feel, plus a touch of Miami’s quintessential character. I have no doubt they will be the most sought after spaces in town.”

Designed by Arquitectonica with interiors by Urban Robot Associates, Natiivo Miami will be 51 stories high with 448 condominium residences, 140 condominium-hotel residences, and a 100-unit hotel. The project is slated to open in Summer 2023.

Photo Credit: Courtesy of Natiivo Miami

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Haute Living hosted Real Estate Summit Miami 2013, successfully bringing all the biggest names in Miami real estate together under one roof. The lux event took place in the ballroom of the W South Beach and brought out star developers and brokers for interactive round-table discussions before an audience of ticketed attendees who were treated to breakfast and lunch. Expert lobbyist and strategist Seth Gordon posed questions to mega-developers Edgardo Defortuna, David Martin, Don Peebles, Ugo Colombo, Gil Dezer and Carlos Rosso, who gave their take on Miami’s red-hot real estate market.

David Martin, Edgardo Defortuna, Gil Dezer, Ugo Colombo, R. Donahue Peebles and Carlos Rosso

One subject on everybody's mind? The influx of celebrity-architect designed new buildings. Edgardo Defortuna, famous for the Jade buildings, explained, “It’s not about how much money I’m going to get because I’m hiring Herzog and de Meuron, it’s about the experience of the buyer when they live there. I don’t think we have yet lived that. When those buildings are completed people are going to realize how different it is to use great firms with great minds.”

“The market has matured," added David Martin whose firm Terra Group is working on unique property Grove at Grand Bay with Bjarke Ingels. "Now everybody has different “starchitects” and designers and now we’re seeing unique properties where we almost can’t compare one to another and that’s making it an interesting market. Now the buyers really have a lot to look at, a lot to learn and a lot to study before they buy.”

Don Peebles, who is committing to new projects in Miami, emphasized the need to bring talent and finance corporations from New York, while surprising topics were discussed such as improving the cities green space, public transportation and even required parking specs per unit. “The parking of 500 Brickell is 8 stories high,” said Carlos Rosso. “This is real estate that has been given away to the car. The city doesn’t make a dime in taxes and we have to build it. It’s not the best approach. I think it’s going to be more about car storage than parking.” To which Gil Dezer, developer of the ground-breaking Porsche Design Tower commented, “If everybody just parked in their apartment, we wouldn’t have this problem,” making the room erupt with laughter.

Jorge Perez and Kamal Hotchandani

Haute Living Publisher and CEO Kamal Hotchandani flew in from New York to present Jorge Perez of The Related Group with the magazine's first Tony Goldman Lifetime Visionary Award. Perez pointed out that Goldman was a dear friend and that he was honored to accept an award bearing his name. He also had some words of wisdom for the developers, brokers and realtors in the room, "We are in the throws of another great upturn. Florida has been known for great booms and busts and we need to moderate that. How do we not get so enthusiastic again and then three years from now think, 'Why did I do this?' and [have to] reach for the Alka-Seltzer."

Haute Magazine Real Estate Summit at the W Hotel South Beach

After a sumptuous lunch with the attendees, brokers and developers, the room reconvened for a quick presentation of Beach House 8 by Daniella Bonetti and then the broker’s panel. It was comprised of big name Miami brokers Oliver Ruiz, of Engel Völkers, Jill Eber and Jill Hertzberg of The Jills, Diane Lieberman of SBI, Alicia Cervera of Cervera Realty, Dora Puig of PuigWerner Craig Studnicky of ISG and Jorge Uribe of Sotheby's International Realty. On the docket? Hot tips on undervalued areas like the Bay Harbour Islands, Marketing Miami, how to improve appraisals and justify new pricing. “Things are lending a more ethical way and that allows them to go into a building and know it’s not all speculators and pay those dollars because they feel that it’s warranted. You have to give them the knowledge to understand why they are paying a premium over the last five comps,” explained Jill Eber during the discussion.  Each panelist received a private day charter on Ferretti Yacht from sponsor Ferretti Group.

Photo by Alexander Tamargo/Getty Images for Haute Living Media Group

The post Haute Living’s Real Estate Summit Miami 2013 appeared first on Haute Residence by Haute Living.