Haute Residence member Paola Marulanda is a South Florida real estate expert, the founder, and CEO of Luxury Home Connect, and one of Miami’s top realtors. Using her expertise, passion for real estate, and commitment to outstanding service, she has successfully brokered transactions for a wide array of prominent clients and made record-breaking eight-figure sales. Recently, she talked with Haute Living about the effects of Covid, current market trends, and the secrets to her success.

Haute Residence: How has the market changed since Covid?

Paola Marulanda: In early 2018, new laws came into effect that eliminated the individual state income tax in Florida, making Miami an increasingly attractive home base for America’s wealthiest. Shortly after this migration of affluence ensued, Covid-19 forced every individual and every business to reevaluate their priorities for the long haul. Suddenly, the appreciation for home space — especially horizontal space, versus vertical space in homes and condos — surged at an incredible rate. Although at first condos were at a standstill while the single-family home market experienced a frenzy, the seemingly endless oversupply of condo inventory was absorbed by those drawn to the climate, taxes, and lifestyle South Florida has to offer. Furthermore, affordability compared to other major metropolitan areas and record-low interest rates opened the floodgates. Now, with headquarters and satellite offices opening all over, it makes sense for people of every level of wealth, education, and business to move here.

HR: What are the current trends in your market?

PM: The current trend in Miami is the quintessential example of a supply and demand imbalance. The combination of record-high demand and a finite supply of inventory created the perfect storm for a surge in prices, making it a very strong seller’s market. Miami-Dade County’s total home sales increased 142 percent year-over-year while existing condo sales increased 240 percent. Median prices on single-family homes rose 32 percent, from $380,000 to $500,000, and median prices for condos rose 26 percent year-over-year, from $262,250 to $330,000. The monthly supply of inventory for single-family homes has decreased 54 percent. In September 2021 alone, the total dollar volume for single-family homes in Miami was approximately $1.2 billion, compared with $975 million in September 2020. Active inventory in the same period has fallen to 2,957 homes in September 2021 from 4,039 in September 2020. Adding to the velocity of sales transactions is the expectation of a rising interest rate environment on the heels of a 6.2 percent CPI print, a measure of inflation. Heading into 2021, the Federal Reserve forecasted a CPI figure of 1.8 percent. Why does this matter? Now that inflation is not seemingly transitory, the market is anticipating higher rates. This translates to a potential 16 percent higher cost of borrowing over the life of the mortgage next year as compared to this year.

HR: How do you continue to offer optimal service in the current climate?

PM: It is crucial for buyers to work with a local expert who can match their desires with the reality of the market. This requires tapping into local contacts to obtain off-market properties and educating buyers about the myriad geographical boundaries that now extend into new and upcoming neighborhoods outside of the more popularly known ones, such as Miami Beach and Coral Gables. Now we can talk about areas like Surfside, Pinecrest, and South Miami, which were overlooked and undervalued before. On the seller’s side, the recipe for success was once network, reach, and marketing. Today’s market conditions call for a more extensive set of criteria in order to keep sellers safe from fraudulent buyers and scams. Taking deals from start to close and optimizing deal terms is of the utmost importance. Backed by the most renowned and leading agency in the luxury real estate world, Sotheby’s International Realty, I can ensure that the most extensive and appropriate set of tools is employed to gain maximum exposure, while my own company, Luxury Homes Connect, offers an additional layer of legal support and negotiation expertise.

HR: What are some past successes, and how do you plan to continue to be successful?

PM: My latest successes involve record-breaking eight-figure sales in multiple neighborhoods, such as South of Fifth, Key Biscayne, Coral Gables, and Brickell. I am truly passionate about matching buyers with their dream home and sellers with their dream offer. I am currently closing on my own dream home, which serves as a testament to the strength and positive trajectory of the Miami real estate market!

Paola Marulanda is the exclusive agent representing the Key Biscayne/Miami Beach Islands real estate market as a member of the Haute Residence Real Estate Network. For more information, call 305-496-0359 or email paola@paolamarulanda.com.

The post First-Class Connections – Luxury Realtor Paola Marulanda Talks Real Estate and Her Secrets To Success appeared first on Haute Residence by Haute Living.

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Corcoran Reverie welcomes the Chapman & Williams Team to the high-end, boutique brokerage,
further expanding the broader Corcoran affiliate network of agents in Northwest Florida

Corcoran Reverie, a high-end boutique brokerage and an affiliate of The Corcoran Group, today welcomed the Chapman & Williams Team, led by Bryan Chapman and Hardie Williams, to its portfolio of luxury property specialists in Northwest Florida, creating a unique partnership of two former military contractors.

“We are thrilled to have the Chapman & Williams Team as part of the Corcoran Reverie family,” said broker/owner Hilary Farnum-Fasth. “Both Bryan and Hardie bring a wealth of knowledge to the brokerage, and as locals of the Emerald Coast, they are experts on the areas from Mexico Beach to Pensacola – and have the experience to assist our military clients with relocating to the Emerald
Coast.”

Both Chapman and Williams share similar backgrounds in that they both supported military and
government contracts and served as managers in their respective previous positions, and for a
period worked collaboratively on the same contracts within the same company. Chapman spent the last 15 years of his military career working hand in hand with active-duty military as a government contractor, which included the management of multibillion-dollar contracts and 188 employees, as well as traveling the globe conducting military training operations.

Williams continues to serve as active duty in the USAF Air National Guard in Special Operations
Communications, where he also works with one of the largest government contractors in the industry for one the largest contracts on NSA Panama City. He is also a preferred agent with Veterans United. Because of their military careers, both Chapman and Williams were drawn to real estate through their passion for relationship building and a genuine interest in measurable goal setting.

“We have always enjoyed helping others with identifying and reaching goals for career development and personal growth,” said Chapman. “Becoming realtors was ideal because it gave us the same opportunity to work with people every day to achieve their goals and dreams in real estate.”

“We are very business-minded and goal-oriented, and share the same core values,” said Williams.
“We knew that in working together, there would be no limitations to what we could achieve as a
team, and we hope that our partnership will create a business model strong enough for other teams and agents to adopt.”

The Chapman & Williams Team will be a collaborative partnership within Corcoran Reverie with a
mission to provide the utmost integrity, excellence, and commitment to their clients. Both high
volume top-producing agents formerly of Keller Williams, Chapman and Williams share a combined closed sales volume of approximately $50 million with more than 140 transactions in the last 18 months. Collectively, they work in all aspects of real estate with a primary focus on luxury service for all their clients and working to provide opportunities for other agents to join their team – in which they will provide a strong level of mentorship.

“We chose Corcoran Reverie as our brokerage because it is a human-first real estate company, and
that aligns with our approach to servicing our clients,” states Chapman. “After all, everyone – both
clients and other agents – have their own reverie [daydream] in life, and we want to bring more value to all those that we encounter.”

About Corcoran Reverie
Corcoran Reverie, an affiliate of The Corcoran Group – a leading residential real estate brokerage
firm headquartered in New York City – is a locally owned boutique brokerage specializing in the
luxury home market in Northwest Florida from Destin to Panama City Beach and the coastal
communities along 30A. With a 150+ agent team led by broker and owner Hilary Farnum-Fasth and partner Jacob Watkins and offices in Seagrove and Destin, Corcoran Reverie holds the #1 office ranking in Northwest Florida based on a closed sales volume of over $750 million in its first year as a Corcoran affiliate. Throughout its entire network, Corcoran is home to more than 120 offices and 5,000 agents in key urban, suburban, and resort markets nationwide. For more information on Corcoran Reverie, visit corcoranreverie.com.

The post Corcoran Reverie Welcomes The Chapman & Williams Team To The Corcoran Affiliate Network Of Agents appeared first on Haute Residence by Haute Living.

To celebrate the release of the new 007 movie “No Time To Die,” Aston Martin Residences held a special James Bond-themed party for brokers and VIP guests at the Sales Center in downtown Miami on October 7, complete with a casino-style Roulette table for attendees to play.  Invitees then walked over to the nearby Silverspot Movie Theater that was rented for a special preview and private screening of the film the day before its official public release.

The post Aston Martin Residences Hosts 007 Movie Showing For Real Estate VIPs appeared first on Haute Residence by Haute Living.

It's October 1st, which means Fall is officially here! Our Haute Residence experts share their favorite Fall activities in their realty area!

As Fall is here, what are your favorite seasonal activities to enjoy in your area?

Elise Larrabure Girasole, Westport, CT

During Autumn, being my favorite season, I enjoy bike riding along the beautiful Westport beaches and hiking at Devil's Den in Weston where I can enjoy the spectacular Fall foliage and bird watching while being surrounded by the sounds of nature.

Elliot Bogod, Upper West Side, New York City, NY

New York City in Fall lifts you up when you're down.
It might be rainy, but New Yorkers don't let the drizzle keep them away from seeing every spectacular color on the fall-foliage spectrum. You don't even have to scramble to get Upstate to peep the fiery show that is the end of New York's glorious fall foliage season—New York City foliage usually lasts through the beginning of November—something you can't say for most of the state's northern regions.
Fall time in the northeastern United States is welcoming, cozy, and full of beauty. New York City is no exception, with brilliant weather, beautiful scenery, and a plethora of things to do. And as one of the city’s premiere gems, Central Park is the ideal place to catch some of the fall time fun.
The Central Park Zoo is open year-round, but fall time is one of the best times of the year to go. Not only is the foliage spectacular, but it’s the perfect weather for walking around and seeing more active animals. Whether you’re there with your family or planning an event for your company, the zoo can offer beauty, fun, and some education.
Central Park becomes a fall-time wonderland around Halloween and if you’re looking for the perfect spooky-cool event, try taking advantage of the Halloween Pumpkin Flotilla. A few days before Halloween, you can take part in festivities like pumpkin carving, costume parades and contests, and the Flotilla. People from all over the world come to see the Pumpkin Flotilla, where pumpkin after pumpkin floats across the water and lights up the sky. An ‘Instagram-worthy’ event to attend!

Nancy Tallman, Park City, UT

Fall in the mountains of Park City is spectacular. Nothing beats hiking our trails and seeing the changing colors of the leaves.

Jochen Lucke, Highlands, NC

As the leaves change and the crisp Fall air arrives on the Highlands-Cashiers Plateau the great outdoors offers a wide range of activities. Perfect for hiking, golf, croquet, fishing, or stroll around town for some retail therapy. Enjoying the warmth and sounds of a fire with a blanket for morning coffee or evening cocktails is perfect for creating mountain memories with family and friends.

Fall along the Rio Grande River in northern New Mexico.

Debbi DiMaggio, Piedmont, CA

Fall is such a lovely time of year in the San Francisco Bay Area. Whether for the day, a night, or the weekend, the Napa Valley is a beautiful place to be. The weather is refreshing and the scenery is stunning, from the fall leaves to fewer tourists, as if the Valley were all your own. Hiking beneath the redwoods in Tilden Park or one of the many parks around the Bay is also a family favorite. Apple picking in Watsonville then Carmel for lunch, and last but not least a visit to the pumpkin patch in Half Moon Bay followed by a spa treatment, lunch, or dinner at the Ritz Carlton. The Bay Area is such a beautiful place to live and explore.

Alison Melton, Hilton Head, South Carolina

The Fall is the BEST season in the Lowcountry! Weekends are filled with festivals and oyster roasts with friends. The weather is still perfect for lazy afternoons at the beach on Hilton Head Island! We also have two great charity polo events coming up in the area this year, so everyone is looking forward to that!

Debra Johnston, Atlanta, Georgia

Atlanta is conveniently a quick drive away from so many fall destinations. I love retreating from the city for a quick mountain getaway in the Highlands/ Cashiers, North Carolina area, located atop the Blue Ridge Mountains.

Darlene Streit, New Mexico

Fall is one of my favorite times of the year in Santa Fe. As the sun sinks a bit lower in the sky, we still have warm days and crisp, cool nights. The smell of roasted chiles is in the air, especially at our fabulous Farmers Market. It's the height of the harvest season with fresh corn, squash, peppers, cabbage, apples, and more – and pumpkins on the way. One annual autumn ritual here is going up to the mountains to see the aspens change. The combination of golden leaves shimmering in the sunlight against a deep blue New Mexico sky, along with the soft rustling sound as the wind blows through them, is pure Santa Fe enchantment at its best.

Scott Goshorn, Brentwood, CA

I like to participate in triathlons when time permits. I am currently training for one happening in late October and the cooler air paired with riding and running on along the coast is unbeatable. I start in Santa Monica and head out to Malibu and back and finish with a run along Ocean Blvd. Pair that with a post work out breakfast and it's a good start to a weekend morning!

Cindy Shearin: The Shearin Group, Manhattan Beach/Redondo Beach, California

The fall season is filled with many exciting events that locals look forward to year after year. The Hometown Fair, held this weekend on October 2nd & 3rd, is fun for the whole family; live music, pony rides, bounce houses, carnival games, food, shopping, and a beer and wine garden for adults. There is also a 5K race for all ages.

Next up is the world-famous Pumpkin Race, sponsored by the local business, Skechers. This race is for kids of all ages, where they engineer a pumpkin racecar to compete in an exciting downhill race at the food of Manhattan Beach Boulevard for prizes.

Following the fall festivities is the Holiday Tree Lighting in November, located downtown. As shoppers sip-n-shop, while the kids meet Santa and pet his reindeer, music, and magic are in the air. The ultimate event that every resident looks forward to is the Holiday Fireworks Show. Excited crowds fill the streets, and nearby homeowners host festive parties to ring in the holidays during the spectacular show.

Manhattan Beach is home to many regularly scheduled local events both weekly and monthly. See www.TheShearinGroup.com for more information.

Philip Weiser - Carlton International, French Riviera, France

Why Fall Is The Perfect Time Of Year To Experience The French Riviera

Every year thousands of tourists flock to the French Riviera. Travelers from all over the world come here to enjoy the sunshine, beaches, and sea. The arrival of fall means that the busy months of events, festivals, and holidaymakers come to an end. The weather begins to cool down, and the tourists return home. This article is dedicated to explaining why Fall is the best time of year to experience the French Riviera.

Temperate and Climate

The French Riviera is famous for having glorious sunshine 300 days of the year. During the summer it can be extremely hot, between 82 °F to 93 °F. Making the beautiful beaches a popular destination! The weather starts to cool down during the Fall months, becoming much more comfortable. Often the summer months feel too hot to explore, and the beaches can become crowded. In the Fall the weather temperatures fall to between 71 °F and 80 °F. The cooler weather makes exploring the historic towns and villages more enjoyable. However, the sun is still shining almost every day!

Beaches

On warmer days, many locals still visit the beaches and some even brave swimming in the sea! From 'La Plage de la Garoupe' (a beautiful beach in Cap d'Antibes) you can swim in the sea whilst enjoying the beautiful view of the snow-capped French Alps. If you don't fancy a swim, you can relax and enjoy a picnic on the beach. Many people enjoy sailing and windsurfing during the Fall and Winter months. Making the port towns a year-round hotspot!

Hiking

The French Riviera has some of the most beautiful hiking spots in France! From the Esterel Mountains, you can look down over the bay of Cannes and the bay of Saint Tropez. If you would prefer to explore the Provencal countryside, you can travel to The Var. An inland region within the Côte d'Azur - famous for its vineyards!

Food & Drink

The south of France has tons of beautiful restaurants! You can dine in a chic beach bar, or a cozy cafe - hidden up a side street. The French are famous for their delicious food! Antibes is a year-round city, meaning its cafés, and restaurants are open all year. You can explore the winding streets and find delicious places to eat on every corner. Antibes hosts a market every morning where you can browse the stalls and buy local produce. Whether you are enjoying a glass of rosé in a wine bar, or share a pizza at an Italian café. Antibes is the perfect place to experience local life on the French Riviera.

Sunsets

The French Riviera is famous for its sensational sunsets! Every evening the sky turns to candyfloss colors throughout the region. However, during fall and winter, the sunsets become much more dramatic! As the days get shorter, the light across the region changes. Everything from the color of the sky, to the color of the trees and vegetation, becomes vibrant. As the sun slowly sets behind the sea and Esterel Mountains the skyline appears to be ablaze. It is a truly breathtaking experience.

Gina Duncan, O’ahu, HI

Even though the weather may still feel like summer through October in Hawaii we have many fall traditions here on Oahu and on the other islands. My favorite is the Aloha Week Festival (dates for 2021 to be determined). The festival is ongoing for an entire week and starts off with the glorious Parade of Flowers, pa`u riders wearing long flowing gowns astride horses decked out in the finest ribbon and flowers. The Festival has been in existence since 1946 and celebrates all things Hawaiian. It is also celebrated on all islands so wherever you are there will be celebrations. My other favorite is the Hawaii Food & Wine Festival. This is over a month-long series of events with 67 top chefs from Hawaii and the mainland coming together in this top epicurean festival. The festival travels from island to island starting on the Big Island in October, then to Maui, and ending on Oahu in November. This year's theme is "Taste our love for the land". For the young and young at heart, you may love the Waimanalo Country Farm Pumpkin Patch with Sunflower Field. This farm has a drive-through tour this year with opportunities to pick your own pumpkin and enjoy the farm animal visit and sunflower fields. Their Pumpkin Patch farm stand will also be open. Whether fall is an apple cider on the beach or enjoying one of these wonderful events I hope you enjoy our islands this fall safely and with Aloha.

Amy Land-de Wilde, St. Croix, U.S. Virgin Islands

Our weather stays pretty perfect all year long – sunshine with 70-85 degree weather throughout every season. Our outdoor lifestyle from dining alfresco at one of our open-air restaurants to hiking up to the top of a hill enjoying panoramic views and cooling breezes or swimming laps in the sea is enjoyed through the fall months (and into winter!) while our stateside friends are pulling out their scarves and ordering pumpkin-spiced lattes. Even though our weather, which impacts our daily lifestyle, doesn’t change much season-to-season we have other things that signify a change of season as we transition from summer to fall.
With fall comes the start of the holiday season, and with that comes visitors! Our island welcomes our seasonal residents and visitors alike, adding a little extra energy to our fall season. Our streets in Christiansted and Frederiksted come alive and our restaurants fill up. Many of our musicians come back for the season, and you can hear the strums of their guitars and the beat of their drums as you stroll along our cobblestone streets, adding so much liveliness to our fall season. Our winds pick up, cooling off our summer heat, and the flora and fauna change just slightly.
For those of us who live here, we take notice that fall is here and that soon we will be welcoming our winter friends to St. Croix.

Richard Salter - Salter Group, Fort Lauderdale, FL

We are now approaching the end of the summer months and it is very exciting that the heat and humidity will soon be toning down. This gives everyone in S Florida the opportunity to enjoy the outdoors more without the overwhelming intensity given off by the summer sun.

Our climate here cannot be beaten between the end of October all the way thru to the end of May. This is 7 months of bliss when the snowbirds come to town to enjoy all the outdoor activities the area has to offer.

You will see a lot more people exercising outdoors, strolling along the beach, or playing games in the many local parks.

What I enjoy most once the fall weather is upon us is the opportunity to dine outside in the multitude of outstanding local restaurants. I love to sit in the open air and basque in the gorgeous views offered by the ocean or Intracoastal front establishments. There is always something to see and it is so much fun to watch the parade of boats up and down the inland waterways around town.

To endure a few months with 92-degree heat and 80% humidity is certainly worth it to be rewarded with the perfect climate we are blessed with once fall arrives.

Nick Salter - Salter Group, Atlantic Beach, FL

I'll attend any Oktoberfest events that go on locally. Trying fall-flavored beverages and enjoying music is a must. My spouse and I also look out for "Halloween" themed drive-in movies where we'll bring pizza and our favorite snacks.

The post Off The Clock: Haute Residence Members Talk About Their Favorite Fall Activities appeared first on Haute Residence by Haute Living.

Hotchandani and Semilof welcomed and thanked de la Vega for being the first of what will be a continuous string of insightful interviews with real estate industry leaders on the current market.

“You have been my friends for many years. I’m honored to be the first guest in this series that you are doing with great speakers,” said de la Vega.

What the full video in the link below

They spoke about the current real estate market in the South Florida area during current times, how it has seen the effects of COVID-19 and more.

The real estate world of Miami abuzz with excitement last week as the announcement was made that David Beckham purchased a penthouse at One Thousand Museum by Zaha Hadid Architects, handled by de la Vega himself. Semilof asked de la Vega on how it took place and its significance.

“It was a very exciting sale for us, and for the market,” he said. “In this very difficult time, it’s very positive. Representing developments like One Thousand Museum and David Beckham is a pleasure. The building has just come out amazing and I think it’s beyond people’s expectations. Everybody has been in awe after they walk in and see the finishes, common areas, pools and amenities. We have two other buyers looking to write up contracts.”

The interview continued in a Q&A format that included questions sent in by live viewers.

Daniel de la Vega

Photo Credit: Courtesy of Daniel de la Vega

What are you telling your agents in today’s market on how to be successful in today’s environment?

Always think outside the box. Our virtual sales meetings, coaching, power sessions where we roll out new tools. Stay positive. I encourage our agents to learn new tools, get more knowledge, work on your CRM systems; read a new book. This is the time to take that step back and learn something new. We will look back in 30 days and say “I wish I could have read that book, or sent that note. Keep up the positivity and the learning process.

Have you been doing virtual reality tours?

Yes, we are doing a lot of virtual showings, using 3D visuals of properties; showing and closing properties on Facetime. Things are very robust. We closed $800 million in the first quarter. The 2^nd quarter may be slower, but we’re trying to average. I’m telling our agents to look for a very strong 3^rd and 4^th quarter. If you’re down 20% at the end of the year, you’ll have had a good year.

Everybody is looking for different things. We are handling things virtually, and things are happening very seamlessly. The participation from our agents has been remarkable. Melbourne, FL is a bit farther up for me to get to, so to be able to connect with our agents with technology to its highest point is very exciting.

We have invested millions of dollars in technologies that we are now using. As our agents use these tools, it gives us ROI on the investments we’ve made. We are trying to build technology that enhances real estate agents. The fundamentals of our business are relationships.

Have you noticed a lot of New Yorkers inquiring about real estate in Florida?

There’s a lot of New Yorkers renting and calling. A lot of our demand has come from New York and I expect it to continue. If you’re in Chicago or Manhattan, you want to get out and breathe fresh air. As people see that they are spending quarantine in a 1,000 square foot home and look at a property online in South Florida of 5,000 square feet, they’ll consider that. The amount of pent-up demand for real estate in South Florida will be big. And then there are the tax incentives. I think we will see a second Great Migration because of the pandemic.

Can you comment on how properties are appraising in the current market?

Prices haven’t necessarily gone down too much. New listings are down. I don’t think prices will go down drastically because we’re not in a debt crisis like in 2008. The biggest issue right now is job losses. The majority of those are furloughs. If we’re socially responsible, in 60 days those jobs will be back. Deals will be closed once again.

You are strong on social media. What do you recommend to your agents?

We have two main themes on social media: support our agents and our community. For example, one of our agents in the Fort Lauderdale office is giving food to shelters and people in need. We’re supporting her to buy meals.

If this is a recession, it will be the shortest one because we are all in this together. Working as a unit will get us through this. When we all follow this uniformity, we will get through it quicker.

We have our foot on the gas in marketing. We’re pushing out through social media. Focus on the sales that are happening.

Find the opportunity, listen and it’s always important to be communicative. Find out what kind of investment your client is looking to make. Be a listener, learn, and be at the forefront of what’s going on in your community. Clients will find value in you if you become a source of knowledge.

A question submitted by Haute Residence member Elena Bluntzer: Are developers lowering their prices recently?

Developers have not come off their pricing, but prices have gone down the last two years. In some markets there is more supply than others. If you want something right now, you have to pay for it. I’m not seeing a drastic price reduction in real estate. The price point that gets hit the most is the $1-5 million range.

Have you seen any troubles with loan closings due to new bank processes within the past two weeks?

Yes. The capital markets, in general, have not shut down, but unless the property is solid, and income in place that has been proven in the last 45 days, it’s hard to get financing. It’s not as easy as before, primarily because banks are working on their own balance sheets. They have been working tirelessly on getting out the Small Business Administration (SBA) programs.

Will there be a new era in residential sales after COVID-19?

Yes. The adoption rate is changing the way we see real estate from all points of view. What will not change is the relationship component of our business.

The post Webinar: ONE Sotheby’s International Realty’s Daniel De La Vega On Real Estate Industry In The Age Of COVID-19 appeared first on Haute Residence by Haute Living.

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.

The post Miami Real Estate Summit Closes With Local Brokers Panel appeared first on Haute Residence by Haute Living.

Photo Credit: Courtesy of Dezer Platinum Realty LLC

Realtors, brokers, developers, and industry insiders will gather for a busy day filled with talks and panels on how the luxury real estate market throughout the country is shaping up for the new decade. The Haute Residence 2020 Miami Real Estate Summit connects buyers with access to the minds behind some of the most exquisite properties in the world, as well as leaders in the real estate market.

The unmistakable South Florida landscape once again welcomes luxury real estate investors and members of the real estate industry to the Haute Residence 2020 Luxury Miami Real Estate Summit.

To purchase tickets to the event, click HERE.

Schedule of Events:

11:00am – 11:30am: Welcome and Registration

11:45am – 1:15pm: Titans of Miami - "East Coast Kings"

Masters of the Miami skyline sound off on where they see the luxury market heading and its evolution.

Developer Panelists: Gil Dezer, Louis Birdman, Dan Kodsi, Shahab Karmely, Marcelo Kingston, Edgardo Defortuna, Ricardo Tabet

1:30pm – 2:30pm: Lunch – Residences by Armani/Casa

Network with the greatest minds of development and brokerage in the luxury real estate market.

2:45pm – 3:45pm: International Power Brokers Panel

Top broker/agents from key international real estate meccas such as Miami Beach, Los Angeles, New York City and Cayman Islands sound off on the latest in market conditions and development.

Panelists: Dolly Lenz and Jenny Lenz (NYC), Mary Ann Osborn (LA), Richard Steinberg (NYC), Cody Vichinsky (NYC) Olivia Hsu Decker (San Francisco) Jay Parker (Miami), Ben Bacal (Hollywood Hills), Michael Goldstein (Miami), Sue Nickason (Cayman Islands)

4:00pm – 5:00pm: Miami Power Brokers

Top South Florida brokers share their knowledge on the evolution and direction of the luxury market today.

Panelists: Maria Eugenia Alvarez Vitale, Jeff Miller, Lourdes Alatriste, Steve Solomon, Crista Ryan, Sebastian Tettamanti, Christian Martinez

5:00pm: Summit Closing Remarks

Photo Credit: Courtesy of Dezer Platinum Realty LLC

The post Attend The Real Estate Event Of The Season: The Haute Residence 2020 Luxury Miami Real Estate Summit appeared first on Haute Residence by Haute Living.

Developer Marcelo Kingston with Troy Aikman – learning about the project

Photo Credit: Romain Maurice

The three-time Super Bowl champion was joined by top brokers, real estate agents, and designers for an intimate dinner inside 57 Ocean's Sales Gallery in Miami Beach, which showcases the magnificent building and its units' grand features. The best deserves the best, so a toast of event sponsor Louis XIII Cognac's started the evening's festivities.

Louis XIII Brand Ambassador Francois Surcin, with Troy Aikman at 57 Ocean Sales Gallery

Photo Credit: Romain Maurice

Aikman took the microphone and addressed all attendees, lauding the development of 57 Ocean. After dinner, event sponsor FYI Yachts' CEO Ralph Navarro gave remarks at the end of the dinner as he acknowledged Aikman's NFL career. 

Kamal Hotchandani, Carmen Casidella, Nirka Burns, Marcelo Kingston

Photo Credit: Romain Maurice

Upon its completion on the famous Millionaires Row in Miami Beach, 57 Ocean house 71 beachfront residences ranging from 1,200 to 3,600+ square feet with spectacular South Florida views and featuring resort-style amenities. The $35 million penthouse atop 57 Ocean may among the most coveted residences on the U.S.' eastern coast. 

Photo Credit: Romain Maurice

57 Ocean is being developed by Multiplan Real Estate Asset Management and its founder Dr.José Isaac Peres, who is at the helm of the project. The building is designed by Arquitectonica, with interiors by architect Patricia Anastassiadis. The absolutely stunning project is slated for delivery in 2021.

Power attorney Robert Zarco with Nirka Burns 57 Ocean

Photo Credit: Romain Maurice

For more on 57 Ocean: 305.417.7679; Sales Gallery: 5775 Collins Ave., Miami Beach; www.57ocean.com

Photo Credit: Romain Maurice

Photo Credit: Romain Maurice

Black Jaguar White Tiger, Marcelo Kingston, Seth Semilof, Troy Aikman

Photo Credit: Romain Maurice

Fox Sports/NFL on Fox Avis Roper with Troy Aikman

Photo Credit: Romain Maurice

Photo Credit: Romain Maurice

Photo Credit: Romain Maurice

The post 57 Ocean Hosts Troy Aikman’s Haute Living Super Bowl Issue Cover Dinner appeared first on Haute Residence by Haute Living.

Guests enjoyed mingling with one another as they sipped glasses of Bertaud Belieu Rosé and specialty cocktails from Marion. The drinks were perfectly complemented by delectable canapés highlighting the restaurant’s exquisite cuisine including a refreshing Bruschetta topped with fresh prosciutto; Asian spring rolls; rich Truffle Pizza; crispy Beef Empanadas; Chicken Satay Skewers and more.

Photo Credit: Romain Maurice

The French hot spot served as the perfect location to enjoy a night of networking within a lively atmosphere. The Haute Residence network is actively growing, with its original broker network blossoming with realtors in key markets throughout the country, and has recently expanded to include Haute Design—an exclusive network of the nation’s top interior designers—and the Haute 50 Developers—inviting only 50 of the premier developers in the country to join the network. Here, members of all platforms came together to discuss the real estate market, current and future projects and potential collaborations with one another.

Photo Credit: Romain Maurice

For more information on becoming a member of Haute Residence, please visit http://dev.hauteresidence.com/become-a-partner/.

Photo Credit: Romain Maurice

The post Inside Haute Residence’s Exclusive Cocktail Party At Marion Miami appeared first on Haute Residence by Haute Living.