montage Archives - Haute Residence by Haute Living https://dev.hauteresidence.com Thu, 10 Mar 2022 18:33:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 Montage International Reports A Record Year In 2021 With $850M Sold And New Developments On The Horizon https://dev.hauteresidence.com/montage-international-reports-a-record-year-in-2021-with-850m-sold-and-new-developments-on-the-horizon/ Thu, 10 Mar 2022 17:12:28 +0000 https://dev.hauteresidence.com/?p=3793606 After a sales boom resulting in a record year of $850 million in sales, Montage Residences and Pendry Residences are setting their sights on South Florida.

The post Montage International Reports A Record Year In 2021 With $850M Sold And New Developments On The Horizon appeared first on Haute Residence by Haute Living.

]]> Photo Credit: Pendry Residences West Hollywood

Montage Residences, founded by Alan J. Fuerstman in 2002, is an ultra-luxury residential community under the Montage Hotels & Resorts umbrella intended to help affluent homeowners find desirable properties. A newer luxury brand within Montage international, Pendry Residences shares a similar goal, revealing residential offerings at the Pendry Hotel and Resorts to buyers. Pendry Residences are currently located in West Hollywood, California and Park City, Utah, with three more developments underway.

Their image revolves around providing residents with an authentic and customizable experience. On their website Montage boasts, “each Montage Residence has been designed and artfully constructed to create a sophisticated yet relaxed sanctuary catering to each Resident’s personal desires and distinctive tastes.”

After a sales boom resulting in a record year of $850 million in branded residential sales, Montage Residences and Pendry Residences are setting their sights on South Florida to target the area’s growing demand. The brand opened its South Florida Flagship Residential Sales Gallery, located on Las Olas Boulevard, in October of 2021 to help facilitate both domestic and international real estate sales. Florida isn’t the only area Montage is honing in on; they have announced many upcoming and newly opened projects across the country and beyond.

Photo Credit: Pendry Residences West Hollywood

“We recognized remarkable growth of our branded residential business within all key metrics. Included within these 190 real estate transactions, we also recognized significant premiums with our average sales price in excess of $4.5 million at over $1,500 per square foot. Records were shattered around metrics not only in a pre-sale and developer environment but staggering appreciation within the resale sector within our respective markets,” said Tina Necrason, executive vice president of residential, Montage International. “We are continuing to see demand trends for branded residences as buyers are seeking a fully-serviced lifestyle, amenities, privacy, and security within some of the most sought-after destinations for their families to enjoy for generations”.

Montage and Pendry Residence’s sizeable growth has opened up more development opportunities, so they have a lot of unique properties in the works to continue to add to their portfolio. One of Montage’s most prominent projects is their Bahamas property, The Residences at Montage Cay. This development is set to debut in 2024 and will be the brand’s first private island and Caribbean development.

Other properties currently under development include the Pendry Residences of Tampa, located in the bustling downtown Riverwalk area, and The Pendry Residence in Natirar, located just an hour outside of New York City and is nearly sold out of Phase I. The Tampa location has received a considerable amount of attention as well. Despite being the brand’s newest edition, they amassed over $25 million in presales within the first 30 days of announcing the development.

The post Montage International Reports A Record Year In 2021 With $850M Sold And New Developments On The Horizon appeared first on Haute Residence by Haute Living.

]]> Los Cabos Gets A New Residential Community https://dev.hauteresidence.com/los-cabos-maravilla/ Fri, 13 Oct 2017 20:29:24 +0000 http://dev.hauteresidence.com/?p=3717006 Los Cabos has become the go-to destination for year-round travel—with the latest local addition being the residences at Maravilla.

The post Los Cabos Gets A New Residential Community appeared first on Haute Residence by Haute Living.

]]> As the winter months creep closer, daydreaming about fleeing to that vacation home on some tropical island or beachfront happens more and more. With buyers looking to find a new home abroad, Los Cabos has become the go-to destination for year-round travel—with the residences at Maravilla.
 1
Maravilla offers a wide campus of home sites still to be built, villas with several units to develop spacious homes with outstanding views, and larger homes atop the bluffs perfect for looking out over the neighborhood without being directly on the waterfront. Two story townhomes are also available on the property with expansive open floor plans perfect for entertaining and embracing the fresh air any time of year. The property is part of Twin Dolphin, the region’s newest premier, master planned community, named both for the namesake luxury hotel that once stood on the grounds and for the duality of the two sections of residences, Maravilla and Montage Los Cabos’ residences. The property is also just a short drive from Cabo San Lucas and San Jose Del Cabos.
 3
Beyond the residences, the neighborhood also is full of amenities perfect for families and travelers. The community features men’s and women’s spas, a culinary market full of fresh produce, fish, and meat. For programming and events, there is a full teen and children program schedule, a rock-climbing wall, hiking trails, and group sponsored snorkeling, swimming, and paddle boarding excursions.

The post Los Cabos Gets A New Residential Community appeared first on Haute Residence by Haute Living.

]]>