Medical device CEO snags condo at Residences by Armani/Casa

The sale marks one of the first closings at the new luxury development

Miami /
Feb.February 27, 2020 09:45 AM
Bryan C. Hanson of Zimmer Biomet and the Residences by Armani/Casa

Bryan C. Hanson of Zimmer Biomet and the Residences by Armani/Casa

The CEO of a medical device company snagged a unit at Residences by Armani/Casa in Sunny Isles Beach for $6 million, marking one of the first closings at the new luxury development.

Bryan C. Hanson and his wife Amanda Hanson purchased unit 5400 at the 308-unit condo tower at 18975 Collins Avenue. The development group sold the unit, records show.

Hanson was appointed CEO of Zimmer Biomet in December 2017. The company makes orthopedic reconstruction products and dental implants. Prior to joining Zimmer Biomet, Hanson was the executive vice president and group president of the Minimally Invasive Therapies Group at Medtronic, where he oversaw a $9 billion business.

Residences by Armani/Casa was developed in a joint venture between Dezer Development, the Related Group and the Armani Group. It is the first Armani/Casa-branded building in the United States. In December, the tower scored its temporary certificate of occupancy.

At that time, developer Gil Dezer said the project had presold about 270 units or 87 percent of the units.

The tower was designed by César Pelli, the internationally known architect who created the Adrienne Arsht Center for the Performing Arts in Miami.

Units range in size from 1,350 square feet to 4,700 square feet. Condos are priced from $1.6 million to more than $17 million for the Giorgio Armani-furnished penthouse that comes with a trip to Italy to meet Armani.

The developers broke ground in 2016 and secured a $305 million construction loan from Wells Fargo and the Blackstone Group. That year, the project also opened a $10 million sales center.


Related Articles

arrow_forward_ios
Images of Arte, Ritz-Carlton Residences Miami Beach, Ritz-Carlton Residences Miami Beach and One Thousand Museum (One Thousand Museum via One Sotheby's)
Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
Jorge Perez and Jon Paul Perez with Terminal Island (Getty, iStock)
Related gets height increase needed for Terminal Island office project in Miami Beach
Related gets height increase needed for Terminal Island office project in Miami Beach
Rendering of the Dorsey with Alex Karakhanian, Jon Paul Perez and Tricera’s Scott Sherman and Ben Mandel (iStock)
Related scores $88M construction loan for Dorsey project in Wynwood
Related scores $88M construction loan for Dorsey project in Wynwood
Dan Deitchman and Koby Assaraf with a rendering of Industry | Oakland Park
Oakland Park developer partners with former Link Real Estate exec on new firm
Oakland Park developer partners with former Link Real Estate exec on new firm
 Jeff Blau and One Ocean (Getty)
Related Cos. CEO Jeff Blau sells Miami Beach condo
Related Cos. CEO Jeff Blau sells Miami Beach condo
Jeffrey Soffer and Turnberry Ocean Club (Getty, iStock)
Argentine politico drops $12M on two units at Turnberry Ocean Club
Argentine politico drops $12M on two units at Turnberry Ocean Club
From left: Jon Paul Pérez, Gil Dezer and Matt Allen with an aerial view of 1174-1185 Hillsboro Mile (Google Maps)
Dezer, Related Group team up on waterfront Hillsboro Beach project
Dezer, Related Group team up on waterfront Hillsboro Beach project
Longtime executive Carlos Rosso leaves Related Group (Getty)
Carlos Rosso parts ways with Related Group
Carlos Rosso parts ways with Related Group
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...