Fort Partners Closes on $158.9 Million in Sales at Seaway at the Surf Club, Featuring Buyers from Business and Entertainment

October 11, 2024

Fort Partners has successfully closed the first 12 sales at its new Seaway at the Surf Club condominium in Surfside, Florida, totaling an impressive $158.9 million. Located at 9149 Collins Avenue along the oceanfront, Seaway was built on the site of a former condo that Fort Partners acquired and terminated in 2015. Adjacent to the developer’s ultra-luxurious Four Seasons Residences at the Surf Club, Seaway offers 34 high-end condos and a rooftop pool. Residents also enjoy access to the extensive amenities at the neighboring Four Seasons.

Prominent buyers in this wave of sales include entities linked to business executives and a renowned TV show host. All transactions were handled by SCR Residences LLC, a subsidiary of Fort Partners, with unit sizes and prices drawn from the developer’s official filings.

Notable Sales:

  • The Marie Trust: Managed by Jeff Refold, COO and CFO of Ryan Seacrest Enterprises, purchased a 5,267-square-foot Unit 502 for $22.4 million and a 2,298-square-foot Unit 504 for $9.46 million.
  • GTW Florida LLC: Linked to David I. Foley, senior managing director at Blackstone, paid $22.46 million for the 7,018-square-foot Unit 702.
  • The Lane Family 2012 Trust: Mark Neporent, COO and senior legal officer of Cerberus Capital Management, bought Unit 401 (5,953 square feet) for $18.29 million and a 290-square-foot staff unit for $1.2 million.
  • SLB Management: Managed by Timothy R. Barakett, CEO of TRB Advisors, purchased Unit 801 (4,526 square feet) for $16.96 million and a staff unit for $1.53 million.
  • Ninth Cloud LLC: Acquired four units, including Unit 901, for $23.58 million and three others for a combined $27.29 million. The company is registered in Delaware and tied to Miguel Angel Gonzalez Pestellini Laparelli.
  • JAR 2021 LLC: Based in Garden City, New York, paid $23.19 million for the 7,095-square-foot Unit 802.

Fort Partners is also planning another luxury development at 8995 Collins Avenue following its site purchase in April.

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