Episode 405: 02-02-17
On this week’s show, Gil Dezer discusses what the next big thing in Super Luxe condo development will be; Neil Freeman, Principal of Conlon Capital and CEO of Aries Capital, talks new, creative solutions for commercial real estate financing, and Jim gives us an update on Vivian.
Super Luxe Condo Development
One of the youngest developers of luxury high-rise residential and condo-hotel properties in the United States, Gil Dezer has been instrumental in changing the face and value of the South Florida real estate industry through the introduction of brand partnerships.
In collaboration with President Donald J. Trump, Dezer led the Trump Organization’s first foray into the South Florida real estate market through the successful development of Trump Grande Ocean Resort and Residences and Trump Towers in Sunny Isles Beach.
In 2012, Dezer announced a master licensing agreement with Germany-based Porsche Design Group to expand the iconic brand’s reach into the residential real estate market. The venture’s first project is a 60-story ultra-luxury tower showcasing a one-of-a-kind patented robotic parking system, the “Dezervator”, which will allow owners to park their vehicles in “sky garages” directly next to their units.
On the heels of Porsche Design Tower Miami’s success, Dezer announced that Dezer Development and The Related Group had partnered with the iconic fashion and furnishings designer, Giorgio Armani, to launch his first-ever residential tower, Residences by Armani/Casa.
Gil and Jim discuss what the next big thing in Super Luxe condo development will be.
Creative Solutions for Commercial Real Estate Financing
Neil Freeman is Principal of Conlon Capital, Chairman and CEO of Aries Capital, President of Urban Development Fund (UDF) and a lifelong entrepreneur. Throughout his 40-year career in finance and commercial real estate, he has closed over $5.5 billion in debt, equity, mezzanine and tax credit financing for hotel, multifamily and commercial properties across the United States and in the Caribbean.
As one of the most successful New Markets Tax Credit Community Development Entities with the United States Treasury, UDF has received over $700 million in federal and state New Markets Tax Credits allocations, translating to $1 billion in transactions. UDF focuses on the rehabilitation of hotels, mixed-use properties, retail developments, theaters and medical facilities in highly-distressed census tracts nationwide.
Freeman’s entities also hold equity interests in real estate worth more than $250 million, including apartments, hotels, shopping centers and land developments such as the 1,000-acre Three Oaks mixed-use development in Fort Myers, Florida, and the beachfront residences at Tranquility Beach on Anguilla’s Meads Bay in the British West Indies.
Jim and Neil discuss new creative financing solutions for commercial real estate.
Vivian Fried Kidney Transplant Update
Vivian Fried still needs a kidney donor. She is staying strong and upbeat! Please help!!
For an update on Vivian and her search for a kidney transplant, watch her interview on WPLGTV10 in Miami: http://bit.ly/Viv10
For information on kidney donation, email R1125@renewal.org
THANK YOU!
Episode 405: 02-02-17
