The WPJ

Trump Hollywood Continues Sales Success

Residential News » Residential Real Estate Edition | By Michael Gerrity | October 27, 2011 9:00 AM ET



(HOLLYWOOD, FL) -- Building upon its remarkable success, Trump Hollywood, one of the newest luxury oceanfront condominium in Hollywood Beach, surpassed a significant milestone in August as more than half of the tower's 200 residences now have been sold.  Since its January re-launch, sales at Trump Hollywood have reached 97 units and $128 million, with overall sales since the project's inception now at 117 residences.

In addition, Greg Freedman, partner in BH3, the property's new owner and developer, said 92 Trump Hollywood residences have already closed, with several more closings scheduled throughout the fall.

BH3 is particularly impressed with the overwhelming response from purchasers to Trump Hollywood's custom-designed model residences from Interiors by Steven G.  In fact, the designer is debuting three new model residences this month alone, as all the previously created models were sold within a few weeks of their completion.  Freedman said a Trump Hollywood Sky Residence designed by Steven G sold less than a week after its June debut and has already closed.  Two additional models that were completed in the last two weeks have also been contracted.

"Steven G and his team truly understand Trump Hollywood's high-caliber purchasers and the desires and expectations they have for their residences," said Freedman.  He added that Steven G recently opened a Design Center within the tower to enable purchasers to "touch and feel" the myriad options available when finishing their units.

"The design team continues to provide us with a wonderful showcase," said Fortune International President Edgardo Defortuna.  "We look forward to sharing the new models with prospective Trump Hollywood buyers."

Trump Hollywood is ideally located between Miami and Fort Lauderdale, just minutes from such renowned destinations as Bal Harbour Shops, Aventura Mall, Las Olas Boulevard and South Beach and a short stroll from the Hollywood Broadwalk.

Designed by celebrated architect Robert M. Swedroe, the 41-story contemporary glass tower fronts 240 feet of pristine beachfront and features 200 expansive residences, each with private elevator access and floor-to-ceiling windows providing spectacular Atlantic Ocean, Intracoastal and city views.  Two-, three-, and five-bedroom residences range in size from 2,100 to more than 5,000 square feet, plus expansive terraces. 

A modern twist on classic Miami, Trump Hollywood's interiors were created by world-renowned design firm Yabu Pushelberg.  Amenities include a wine cellar and tasting salon; cigar room; interactive club room; library/private dining area ideal for board meetings, conferences and private dinners; elevated pool deck overlooking the Atlantic Ocean; and 4,000-square-foot, state-of-the-art spa and fitness center featuring a yoga studio and treatment rooms.

Trump Hollywood was acquired in late 2010 by BH3, a successful South Florida-based real estate firm, and King Street Capital, a $20 billion New York-based global alternative investment management firm. 




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