Douglas Elliman takes over sales of 100 Las Olas from OneWorld Properties

100 Las Olas & Pietro Belmonte, Marc Brandt, Gigi Giusti

100 Las Olas & Pietro Belmonte, Marc Brandt, Gigi Giusti

Douglas Elliman was hired to take over sales of 100 Las Olas, a luxury mixed-use condo tower in downtown Fort Lauderdale.

Elliman agents Pietro Belmonte, Marc Brandt, Cari Cascio and Gigi Giusti will lead sales of the project at 100 East Las Olas Boulevard, according to a press release.

OneWorld Properties, led by CEO Peggy Olin, previously handled sales and marketing of the Fort Lauderdale development. The high-rise is about 50 percent sold.

Kolter Urban, led by Bob Vail, developed the 46-story, mixed-use tower. It was completed in March, just as the pandemic began to shut business down in South Florida.

Olin wished the new sales team “the best of luck” in a statement provided to The Real Deal.

The 113 residential units range from two to four bedrooms and start in the $900,000s. They range from 1,811 square feet to 5,281 square feet.

The condo component starts on the 16th floor, above the 238-room Hyatt Centric. Amenities for residents include a rooftop pool deck with cabanas, a club lounge with an outdoor plaza, and a fitness center.

Movers & Shakers: Interior designer joins Douglas Elliman team & more

Sofia Joelsson and Lee Ann Edwards

Sofia Joelsson and Lee Ann Edwards

Interior designer Sofia Joelsson joined Douglas Elliman.

Joelsson joined Elliman’s Carmenate/Duchon team, based out of South Beach. Joelsson has worked with developers who include David Martin of Terra, Marcelo Kingston of Multiplan Real Estate Asset Management and One Thousand Museum co-developer Louis Birdman.

Jonathan Eismann, a longtime broker with Lombardi Properties, joined Gridline Properties as a senior associate.

The Altman Companies hired Lee Ann Edwards as president of Altman Management Company, where she will lead business development and strategy. She previously worked at Riverstone Residential, Greystar and RE Carroll Management.

Elandis, a real estate ownership and property management subsidiary of the Libra Group, announced the launch of a joint venture with international asset manager M&G Investments. The joint venture will focus on acquiring and repositioning workforce multifamily communities across the Sunbelt region, particularly in states that include Florida, North Carolina, South Carolina, Georgia, Texas and Nevada.

RKW Residential hired Carlos Vilchez as its new chief operating officer. Prior to joining RKW, Vilchez owned a consulting practice. He was also previously an auditor at the accounting firm PwC before serving as chief financial officer of several companies.

RE/MAX Presidential announced it’s opening a new office at 19790 West Dixie Highway in Aventura. The space is expected to open Thursday, and is across the street from Aventura Mall.

Top-selling Douglas Elliman agent Chad Carroll joins Compass along with his team

Chad Carroll

Chad Carroll

Top-selling Douglas Elliman agent Chad Carroll left the brokerage after more than a decade to join Compass, bringing along his team, The Real Deal has learned.

Carroll, a former “Million Dollar Listing Miami” star, placed his license with Compass as of Thursday, according to Florida’s Department of Business and Professional Regulation. He joined Elliman in January 2009, more than 11 years ago.

Carroll starred in the Bravo show for its only season in 2014.

Carroll and Compass did not respond to requests for comment. A spokesperson for Elliman said the brokerage wished Carroll well in his future endeavors.

Carroll’s The Carroll Group was Elliman’s top-selling team for years. Last year, Devin Kay, an Elliman agent, left his team.

Carroll’s team, which includes himself, Matt Dugow, Camila Canepa, Brett Eaglstein, Eli Faitelson, Lisandra Martinez and Mariana Trentini, all joined Compass, state records show.

Dugow, who was vice president of The Carroll Group, declined to comment.

Carroll and his team are active in both Miami-Dade and Broward. Carroll recently represented the buyer of a $5.2 million unit at Regalia in Sunny Isles Beach, and the seller of an oceanfront home in Fort Lauderdale that traded for $8.8 million.

Movers & Shakers: Cassis Burke team joins Elliman, 2000 Ocean taps sales director & more

Amy Ballon previously handled sales of Sabbia Beach in Pompano

From left: Stephan Burke, Carol Cassis, and Diana Carulla, and Amy Ballon

From left: Stephan Burke, Carol Cassis, and Diana Carulla, and Amy Ballon

Carol Cassis and Stephan Burke have joined Douglas Elliman from Brown Harris Stevens Miami.

The Cassis Burke Collection team, which includes Diana Carulla, Laura Buccellati and marketing director Ted Borges, closed more than $55 million in sales last year, according to a release. The group will be working out of Elliman’s Miami Beach office under managing broker Patricia Rotsztain.

The team recently represented the seller in the $5.5 million sale of a Continuum North unit to Alberto “Beto” Pérez, the founder of Zumba. They’ve also brokered deals involving Bitcoin, including the first known cryptocurrency-only real estate transaction in South Florida in late 2017.

KAR Properties and Fortune Development Sales named Amy Ballon the director of sales for 2000 Ocean, a 64-unit luxury condo development in Hallandale Beach. Ballon previously co-led sales and marketing of Sabbia Beach in Pompano Beach.

Shahab Karmely’s KAR Properties is developing 2000 Ocean. The 38-story building was designed by Enrique Norten of TEN Arquitectos and Kobi Karp. With prices starting at $2.6 million, the building is expected to be completed by 2021.

Sasha Seco was promoted to vice president of Moss Construction in Fort Lauderdale. Seco has worked for Moss for 14 years, most recently as the construction management firm’s director of business applications.

Meike Macgregor, John Nugent and their Coastal Living team joined Compass Florida’s Palm Beach office. The Coastal Living team, which includes Max Olivier and Zachary Schmidt, has closed more than $80 million in sales over the last three years.

Dean Stokes and Brian Fairweather Jr. joined the Agency in South Florida. Stokes previously worked with The Bears Club.

KW Property Management & Consulting promoted Zuly Maribona to senior vice president. Maribona was previously regional vice president, overseeing the company’s portfolio of nearly 20,000 units in Collier, Lee and Hendry counties. As senior vice president, Maribona will help KW expand in Orlando, Tampa and Jacksonville.

Ponzi schemer’s East Hampton home seized by feds to hit the market

Ponzi schemer’s East Hampton home seized by feds to hit the market

The Arc House was owned by the wife of conman Joseph Meli

The Arc House at 50 Green Hollow Road in East Hampton

An unusual East Hampton home that finally found a buyer in 2015 after two years on the market is now poised to list again, albeit under less-than-ideal circumstances.

The Arc House, built in 2010 and designed by Maziar Behrooz, will soon return to the Hamptons’ turbulent luxury home market as the U.S. Department of Justice prepares to list the property as part of its criminal case against admitted felon Joseph Meli, Bloomberg reported.

A federal court filing last week in Manhattan outlines the assets seized from Meli as part of his guilty plea in October 2017 to one count of securities fraud in relation to his involvement in a ticket-reselling scheme involving Broadway plays and other notable events.

At the top of Meli’s asset forfeiture list, which includes items such as a 2017 Porsche 911 Turbo, a Rolex watch and $551,000 in a Citibank account, is a home once owned by his wife, Jessica, at 50 Green Hollow Road in East Hampton. Paul Luciano, a broker at Utopia Real Estate in Flushing named on a U.S. Marshals Service website as handling the sale of the property, did not immediately return a request for comment on the matter, nor did property manager Alexa Hale of Colliers International in Houston.

Known as the Arc House due to its unique architecture, which saw Behrooz draw inspiration from the shape of an airplane hanger, the home first hit the market in 2013 seeking nearly $5 million. Curbed, which at the time noted that the the home looked the “lair of a Bond villain,” subsequently reported on its $3 million sale in 2015 in a deal brokered by Bespoke Real Estate’s James Casale.

A current listing price for the 6,400-square-foot Arc House is not yet publicly available, although Enzo Morabito, a veteran East End broker at Douglas Elliman, told Bloomberg that $3.2 million seemed like a reasonable sum. “Whoever is going to buy it is going to have to be very, very unique,” he said, noting that the new seller, the U.S. government, shouldn’t affect a potential deal.

The Arc House has four bedrooms, three bathrooms, a pool, a flexible layout that has space for an art gallery. It also has a large, 30-by-60-foot living room with 16-foot-high ceilings at its apex. The Marshals Service, which handles the Justice Department’s asset forfeiture program, took control of the Arc House because Jessica Meli used funds from her husband’s ticket-selling scheme to purchase the 2.62-acre property four years ago.

The U.S. Securities and Exchange Commission named Jessica Meli as a relief defendant in a civil case related to the ticket scam. In November, she settled with the regulator and agreed to disgorge $4 million in investor funds as part of the $104 million being sought by the federal government from Meli himself.

Meli was sentenced to six-and-a-half years in prison last year. In April, his accused accomplice, former sports radio personality Craig Carton, was sentenced to 42 months in federal prison after being convicted in November. Earlier this year, Carton reportedly agreed to sell his six-bedroom home in Chester, New Jersey, for roughly $1 million, about half of its initial asking price.

As for Meli, federal prosecutors charged him again in April over his alleged role in another ticket-selling scam involving his cousin.

Federal Bureau of Prisons records show that Meli is currently incarcerated at the Metropolitan Detention Center in Brooklyn and is not scheduled to be released until February 2024.

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Casa Clara relists with Douglas Elliman for $29M, plus yacht and art for $74M

212 West Dilido Drive. Inset: Eloy Carmenate and Mick Duchon
Casa Clara, a spec mansion on the Venetian Islands in Miami Beach, has hit the market again with a new firm and a new approach.
To “accomodate the market” and just in time for Art Basel, the 11,600-square-foot mansion is being offered for $28.5 million, less than the $33 million it was listed for in April and the nearly $36 million before that. Julian Johnston of Calibre International Realty had the listing before Douglas Elliman brokers Eloy Carmenate and Mick Duchon took it over last week, Carmenate told The Real Deal.
The seven-bedroom, nine-bathroom home was designed by architect Ralph Choeff with interiors by Charlotte Dunagan Design Group. It includes natural finishes, custom Henge furniture, a Boffi kitchen, Kreon lighting, floor-to-ceiling glass doors, a private guest wing, home theater, den, two-story fireplace, infinity edge pool and a glass-enclosed wine room.
The property also has a 7.5-foot seawall and 120 feet of waterfront dockage, which could house the $15 million Sanlorenzo SD112 yacht. And the yacht is decked out with about $30 million worth of art. Altogether, the house, yacht and art could be purchased for $73.5 million, Carmenate told TRD.
He said the listing is a “different approach and priced differently to accommodate this market.”
Carmenate and Duchon will have a private event with Sanlorenzo’s clients to showcase the property during Art Basel. “These are people who can afford the art,” Carmenate said. “It’s a very interesting offering.”
Ahmad Lee Khamsi, who owns the Venezuelan cable company SuperCable, owns and developed Casa Clara. He paid $962,500 for the 22,000-square-foot lot in 2011. Earlier this year, Khamsi sued a buyer for failing to pay the deposit for the waterfront home. That suit is still open, according to Miami-Dade County records.
Check out more photos of the mansion here:

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Source: The Real Deal Miami

Miami now ranks as 12th top city for super-rich: Knight Frank

The downtown Miami skyline (Credit: Lonny Paul)
Miami hasn’t lost all its allure among the super-rich. It has resurfaced in the No. 12 slot, Knight Frank told The Real Deal on Tuesday.
After ranking as the sixth most important city for the ultra-wealthy in 2015, Miami had fallen off the list of the top 10 cities in the latest Knight Frank Wealth Report released in London last week. Only the top 10 were included in the report.
But Liam Bailey, global head of research for Knight Frank, asked his researchers to look further, and told TRD that they found that Tokyo comes in at No. 11 and Miami at No. 12 in 2016.
Wealth Report panel
Miami’s fall is the result of weakened currencies in Latin American countries, he said. “The critical issue is currency and the demand from Latin America,” he sad. “I suspect it is a blip.”
He added via email: “Bear in mind [that] at [No.] 12 Miami comes out second in the U.S.”
Last year, Miami followed London, New York, Singapore and Shanghai in Knight Frank’s Global Survey, which looks at the most important cities globally in terms of where the world’s wealthy live, invest, educate their children, grown their businesses and spend their leisure time. Paris, Dubai, Beijing and Zurich followed Miami. Knight Frank defines the ultra high net worth individuals as those with more than $30 million.
This year, London again tops the list for the ultra-wealthy, followed by New York, Singapore, Hong Kong, Dubai, Shanghai, Paris, Sydney, Beijing and Geneva.
Knight Frank and Douglas Elliman presented the latest Wealth Report at 1 Hotel & Homes on Tuesday morning. The Miami event followed similar presentations in New York and London last week. In all, Knight Frank will be hosting events in 36 cities this year, up from 22 last year.
Real estate is the “most comfortable asset class,” for investing, Douglas Elliman Chairman Howard Lorber, told audience member during a panel discussion. Terra Group President David Martin, also a panelist, cited Miami Beach and Coconut Grove as among the top neighborhood markets in the Miami area for investors.
The FinCEN rule that requires title insurance companies to disclose the names of foreign buyers who pay $1 million and up for homes in Miami-Dade County, which went into effect on March 1, has not had any effect on the market, Lorber said during the panel. “It’s been a big nothing…. I think the whole thing is nonsensical.”

Source: The Real Deal Miami

Five agents leave Elliman for ONE Sotheby’s, including one boomerang hire

Joelle Oiknine, Oliver Ruiz, Betsy Lee Turner, Avidan Edelsberg and Sandra Osorio
Competitors Douglas Elliman and ONE Sotheby’s International Realty have been hiring each other’s agents and executives for months, with the latest round leaving Elliman.
ONE Sotheby’s brought back Joelle Oiknine as a global real estate adviser and agent. Oiknine told The Real Deal she left the Miami-based firm after about five years for Elliman in January, only to return last week. Betsy Lee Turner, Sandra Osorio, Avidan Edelsberg and Oliver Ruiz also joined ONE Sotheby’s.
Oiknine declined to disclose why she left Elliman, but said it wasn’t the right fit for her. “I felt comfortable [at ONE Sotheby’s]. I’d been a top 10 agent with them and they treated me like a top 10 agent,” she said.
Turnover is common in the industry, where about two weeks ago Elliman announced it hired seven former ONE Sotheby’s agents to join the company’s new Coconut Grove office. Those agents told TRD that Douglas Elliman will provide them with the support to grow.
ONE Sotheby’s President Daniel de la Vega said that the recent hires are a net gain for the company based on sales production. While ONE Sotheby’s brought on fewer hires in recent months than Elliman, those agents have a higher sales production, he said.
Avidan Edelsberg was brought on to expand the firm’s commercial division. He was a commercial adviser at Douglas Elliman and is now a senior commercial adviser at the Miami-based firm. Edelsberg told TRD he felt stagnant in his previous role, where he completed $80 million worth of transactions in 2015. At ONE Sotheby’s, he is focusing on creating momentum within the commercial division, especially with the multifamily and office sectors of the market.
Sandra Osorio was a producer at Elliman, where she closed about $10 million in sales last year. She is now a sales associate at ONE Sotheby’s, according to a company bio.
Oliver Ruiz, now a senior global real estate adviser at ONE Sotheby’s, was a managing broker at Elliman, and opened the firm’s Brickell, Fort Lauderdale and Boca Raton offices. He has also worked at Fortune International Realty and Engel & Voelkers, where he expanded both brokerages.

Source: The Real Deal Miami