ST Residential, a world-class asset management company with a $4.5 billion real estate portfolio nationwide, recently launched its South Florida portfolio at an exclusive event sponsored by Ocean Drive Magazine. The event was held at one of their luxury properties, Mint at Riverfront.

ST Residential Miami Executive Team

The 730 guests gathered to celebrate the official launch on Mint’s pool deck and enjoyed cocktails courtesy of Grey Goose vodka. To kick off the celebration, the night began with three red-caped entertainers repelling 16 floors down to the pool deck, who joined belly dancers to entertain the crowd. The spectacle was followed by a surprise performance from multi Grammy winner Jorge Villamizar of Bacilos.

“The ST event was a success and represents a turning point in the Miami real estate market,” says Wade Hundley, CEO. “We wanted to officially introduce ST Residential to South Florida, our largest market nationwide, with a memorable night symbolic of our company’s strength.”

ST Residential’s South Florida portfolio includes a mix of six owned or financed condominium communities, each with its own unique offering, totaling 23% of the total inventory in the region. The portfolio of high-end condo communities includes: Tao, a luxury high-rise in suburban Sunrise; Infinity (loan), active living in the heart of Brickell; Artech (loan), where design meets luxury in Aventura; Mint (loan), high-end residences in Downtown Miami; Paramount Bay (loan; coming soon); and Jade Ocean (loan).

“ST Residential is excited to bring a new way of thinking to real estate,” says Victor Ballestas, regional managing director. “We look forward to bringing confidence to the South Florida market and to be such a big part of its rebound.”