This week in Miami Real Estate: Management hires, average homeowner age and more

by Zachary Wright

miami-association-realtor-real-estate-single-family-condo-sales-inventory-price-November

South Florida real estate firms shook up their management teams, bringing in faces new and old into their offices, as reported by The Real Deal.

Dianne Regalado Kammerer was named director of sales for Coldwell Banker’s Coral Gables office. Kammerer joins Charlette Seidel in managing over 200 agents. Kammerer is replacing Francisco Angulo, the new vice president of global development firm Realogy. Michael Suarez is also receiving a promotion, assuming Kammerer’s previous role of managing broker of Coldwell Banker’s Brickell-Key Biscayne office.

Rosi Borroto returned to One Sotheby’s International Realty after joining Douglas Elliman in 2016. Borroto will be working in the Coral Gables office as global real estate adviser.

Alexander J. Rose joined One Real Estate Investment as chief investment officer. Rose previously managed acquisitions at Capitas in Los Angeles and Dubai. He has also managed investments totaling more than $700 million in the southwestern U.S.

In addition, Compass Florida hired Carlos Gutierrez as its new sales manager. The former residential president of Miami Association of Realtors will manage over 125 agents at Compass’ Miami Beach office.

In other real estate news:

  • The average age of homeowners in three Florida areas is the oldest in the country, according to a report released by LendingTree. Analysts from LendingTree examined the 100 largest metropolitan areas in the country, finding that the average age of homeowners nationwide is 54 years old. Florida had seven metros on the top 10 list, with North Port near Sarasota having the highest average age of 63 years old. Miami came in No.8, having an average age of 52-years-old. For renters, the average age is 44-years-old. Five Florida metros rounded out the top five – those being North Port, Cape Coral, Deltona, Palm Bay and Lakeland.
  • Habitat Group is launching sales of the second tower at Smart Brickell, a condo, hotel and rental complex. The three-building project sold out the first tower, split between 50 hotel rooms and 50 condos. The developers plan to break ground on the next 25-story building in March 2019. Sales from the condo closed out around $19 million for the first tower and the estimated second, also split 50/50 like the first, is $19.5 million. Prices for units range from $300,000 to $600,000. Developer Santiago Vanegas said about 70 percent of buyers are investors and 30 percent are end users. Amenities will include a terrace, resort-style pools, a fitness center, a ground-floor café, a rooftop lounge bar and business center. Architects Hernando Carillo and Gensler are designing the project and Arquitectonica is designing fully finished units. Inside, apartments will feature smart home features, Bosch appliances and more.
  • Eighty Seven Park by Renzo Piano Building Workshop is revealing its penthouse. For $68 million, making it the most expensive home in Miami, the penthouse is located on top of the 18-story building. The penthouse includes 25,000-square-feet with 360 degree views of the park, city and ocean views. The penthouse is loaded with amenities like a home gym, two private elevators, vertical gardens, two summer kitchens and more. The project is developed by Terra, along with Bizzi & Partners Development, New Valley and Pacific Eagle. Douglas Elliman is handling the sale of the luxury penthouse.
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