TRD insider interview: George Mato talks Ritz-Carlton Miami Beach

Newest development is 60-percent sold

TRD MIAMI /
May.May 11, 2015 10:30 AM

George Mato, vice president of sales for Ritz-Carlton Residences Miami Beach, met up with The Real Deal’s Managing Editor Ina Cordle during the magazine’s Broward Real Estate Forum & Showcase to talk about his latest project in Miami Beach.

Ritz-Carlton Residences Miami Beach, a luxury residential development, will offer all the amenities of a Ritz-Carlton hotel, which Mato describes as “lock and leave” convenience. More than 60 percent of the project’s planned 111 residences and 15 stand-alone villas have been sold.

Mato said the project’s Mid Beach location — on the site of the former Miami Heart Institute — is “next to nothing, but close to everything.” As far as who’s buying into the project, he said a lot of local homeowners from areas like North Bay Road are giving up houses in favor of the convenience of a condo.

The forum was held at the Design Center of the Americas in Dania on April 23. It featured two panels: a discussion about foreign investors’ role in the future of South Florida’s real estate market, and the evolution of Broward County as a development and housing hot spot.

Watch the behind-the-scenes interview here:

— Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Ritz Carlton Residences Miami Beach and Petra Levin

Petra Levin snags condo at Ritz-Carlton Residences Miami Beach

Long-delayed Ritz-Carlton Residences in Miami Beach now expects TCO in April

Long-delayed Ritz-Carlton Residences in Miami Beach now expects TCO in April

Carolyn Block Ellert buys out partner at Premier Sales Group

Carolyn Block Ellert buys out partner at Premier Sales Group

Ritz-Carlton Residences Miami Beach developer hit by another lawsuit over construction delays

Ritz-Carlton Residences Miami Beach developer hit by another lawsuit over construction delays

Healthy amenity: Ritz Residences Miami Beach offers medical concierge service for buyers

Healthy amenity: Ritz Residences Miami Beach offers medical concierge service for buyers

Shelved condo projects shrink pipeline of new construction in Miami, Fort Lauderdale: report

Shelved condo projects shrink pipeline of new construction in Miami, Fort Lauderdale: report

Movers & Shakers: Ritz-Carlton Residences in Miami Beach hires GM & more

Movers & Shakers: Ritz-Carlton Residences in Miami Beach hires GM & more

Wayne and Emeline Boich pick up a penthouse at the Ritz Miami Beach

Wayne and Emeline Boich pick up a penthouse at the Ritz Miami Beach

arrow_forward_ios
Loading...