Thomson Reuters CEO snags Jade Signature condo in Sunny Isles Beach

Jim Smith and his wife bought the unit for $1,788 psf

TRD MIAMI /
Feb.February 21, 2019 12:30 PM

Jim Smith CEO of Thomson Reuters and Jade Signature (Credit: Curbed)

The CEO of Thomson Reuters bought a condo at Jade Signature in Sunny Isles Beach for $7.8 million.

Jim Smith and his wife, Pam Kushmerick, bought the 4,361-square-foot unit at ‎16901 Collins Avenue for about $1,788 per square foot, records show. The condo, unit 5001, has five bedrooms and six-and-a-half bathrooms.

Smith has been the CEO and president of the Toronto-based news and data service company Thomson Reuters since 2012. The company owns Reuters, which is one of the largest news outlets in the world. His permanent residence is in Toronto, where he lives with his family, according to published reports.

Jade Signature was designed by Herzog & de Meuron and developed by Fortune International. Sales launched in 2013 and the 57-story, 192-unit tower was completed in 2018.

Amenities include a beachfront deck with two pools and cabanas, a fitness center, a library, wine and reading lounges, and a full-service spa.

Buyers include the CEO of UnitedHealth Group in Brazil, Brazilian soccer star Douglas Costa and John Finnegan, the former CEO of Chubb Corp.


Related Articles

arrow_forward_ios
From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

CAPTION: Rendering of Residences by Armani/Casa, Jorge Pérez and Gil Dezer

Gil Dezer, Related complete Residences by Armani/Casa

From left: Gil Dezer, Lionel Mess and Porsche Design Tower

Soccer superstar Lionel Messi scores Porsche Design condo

Sunny Isles Beach skyline (Credit: Getty Images)

Sunny Isles Beach imposes one-year development moratorium west of Collins Avenue

Rendering of Turnberry Ocean Club and Jeffrey Soffer

Under-construction Turnberry Ocean Club condo tower scores $460M refi

Sunny Isles Beach skyline (Credit: Getty Images)

Sunny Isles Beach gives initial approval to moratorium on west-side development

Anuel AA and Porsche Design Tower (Credit: Getty Images, Wikipedia)

Puerto Rican rapper buys Porsche Design Tower unit

Regalia and one of its developers, Gilberto Bomeny (Credit: Getty Images)

Inside the saga that led Regalia’s developers to lose ownership of their most prized units

arrow_forward_ios