Closings underway at Fort Partners’ Seaway at the Surf Club luxury condo project

Among purchases, one buyer acquired four units at oceanfront Surfside development for $51M

<p>From left: Jeff and Shari Aronson, Nadim Ashi and Blackstone&#8217;s David Foley along with a rendering of Fort Partners’ Seaway at the Surf Club in Surfside (Getty, Fort Partners, LinkedIn)</p>

From left: Jeff and Shari Aronson, Nadim Ashi and Blackstone’s David Foley along with a rendering of Fort Partners’ Seaway at the Surf Club in Surfside (Getty, Fort Partners, LinkedIn)

Fort Partners completed a boutique condo project next to its record-setting Four Seasons Hotel and Residences at the Surf Club in Surfside, newly recorded closings show. 

An affiliate of Fort Lauderdale-based Fort Partners, led by Nadim Ashi, has so far sold 13 luxury condos at Seaway at the Surf Club, a 34-unit, two-building development at 9149 Collins Avenue. The oceanfront project was built on the site of the former Seaway Villas condominium complex. 

Thirteen deeds were recorded this week in Miami-Dade County. One buyer acquired four units for $50.9 million. Here’s a look at who purchased units: 

  • Jeff and Shari Aronson paid about $12.3 million for unit 803. Jeff is co-founder and managing principal of Centerbridge Partners, a New York-based investment firm. He and his wife are also well-known philanthropists who run their own foundation. Centerbridge has an office in Miami’s Coconut Grove, according to the firm’s website. 
  • GTW Florida LLC, led by David Foley, paid $24.5 million for unit 702. Foley is a senior managing director in Blackstone’s private equity group and global head of Blackstone Energy Transition Partners.
  • SLB Management, a Florida LLC that’s managed by Timothy Barakett, paid a combined $18.5 million for unit 801 and unit 407. Barakett is chairman and CEO of TRB Advisors, a private investment firm and family office based in New York. 
  • Ninth Cloud LLC, a hidden Delaware entity, acquired four units for $50.9 million, including three on the ninth floor and a unit on the third floor. 
  • Marie Trust paid $31.9 million for units 502 and 504.
  • Lane Family 2012 Trust paid $19.5 million for units 406 and 401.
  • JAR 2021 LLC, another Delaware LLC, paid $23.2 million for unit 802.

Fort Partners’ Seaway project connects to Four Seasons Residences immediately south, and buyers can access those amenities, according to the developer’s website. Such amenities include four swimming pools, a private club and a restaurant by chef Thomas Keller.

The Seaway condos were designed by Joseph Dirand. Fort Partners did not respond to requests for comment. 

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On the opposite side of the Four Seasons complex, Fort Partners is also building the 17-unit Surf House at 8955 Collins Avenue. Developer Jason Halpern sold the oceanfront site and a small parcel across the street for $60 million earlier this year. 

A Who’s Who of buyers purchased units at Four Seasons Residences at the Surf Club, setting Miami-Dade County price-per-square-foot records. In July, financier Bippy Siegal and his wife Jaqueline sold their nearly 4,000-square-foot condo at Four Seasons Residences for $18.5 million. They paid $8.7 million for the unit in 2019.

Their resale closed months after an entity linked to Apple sold a penthouse for $44 million. The penthouse had last sold for $29.1 million in 2018.

Other buyers and sellers have included Miami Heat President Pat Riley and his wife, Chris; “Wonder Woman” Lynda Carter; and longtime Bottega Veneta designer Tomas Maier. 

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South of Fort Partners’ properties, Dubai-based Damac Properties hired Douglas Elliman to sell the luxury condominium planned for the site of the Surfside condo collapse, where 98 people died in 2021. Damac was the sole bidder for the site at 8777 Collins Avenue. The firm plans a 52-unit condo project.  

Also in Surfside, Multiplan Real Estate Asset Management launched sales with broker Phil Gutman for the planned 12-story, 25-unit building called Ocean House at 9317 Collins Avenue. Prices start at $5 million. 

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