From left: George Helmstetter, Neil
Fairman
and Anthony Burns
Miami, FL – Developers behind the highly successful
Marina Palms Yacht Club & Residences condominium project in North Miami
Beach—The Plaza Group and the DevStar Group—have merged to create Plaza Equity
Partners.
The new firm delivers
market-leading, full-spectrum real estate related services including
development, sales, property management and lending. The company consists of a veteran team of
talented professionals including architects, accountants, engineers, brokers,
bankers and developers.
 |
| Marina Palms Yacht Club & Residences, North Miami Beach, FL |
“This union combines the
best of two unique organizations ideally suited and positioned to deliver
unparalleled service and quality to domestic and international partners and
investors,” said Neil Fairman,
chairman of the new company and former president of The Plaza Group.
In addition to Marina Palms, The Plaza Group
developed the luxurious Palms in Fort Lauderdale and Ocean Palms in Hollywood
Beach, as well as other major commercial developments in South Florida and
Canada.
“We are capable of
executing on complex transactions in a very short period of time given our wide
range of real estate development, sales and financing acumen,” said Anthony Burns, who, along with George Helmstetter, will be
co-presidents of the new company.
The two formed DevStar as
they started development of Marina Palms. Their prior successes included the
redevelopment of Paramount Bay in Miami’s Edgewater District and Ocean House in
Miami Beach’s South of Fifth Neighborhood.
“During the planning,
construction and sales of Marina Palms, we accomplished more than just
delivering Miami’s first luxury condominium and marina destination in over two
decades,” Helmstetter added. “We realized our synergies would lead to a
formidable, ongoing partnership allowing us to capitalize on a wide array of
new investment opportunities.”
 |
| Ocean House Condos, South Miami Beach |
Plaza Equity Partners
provides full-service development, sales and project management services
featuring planning and development, construction management and in-house sales
and marketing.
In addition, its lending
platform is designed to originate bridge loans for borrowers who are in need of
innovative capital.
Located in the SunTrust
International Center in downtown Miami, Plaza Equity Partners is pursuing
several new opportunities, including a mixed-use commercial project in Aventura
and in Miami.
Meanwhile, Marina Palms
Yacht Club & Residences completed construction on its second and final
tower branded The Reserve at Marina Palms. The Reserve takes the very best of
South Florida living by enriching every moment with greater rewards – most
coveted views, premium finishes, upgraded amenities and enhanced personal
services. The building has a few select
residences available for sale.
The 112-slip, full-service
marina accommodating yachts up to 100 feet has a full time Yacht Club Concierge
and features an exclusive boat club for residents.
For a complete copy of the company’s news release,
please contact:
Ashley Fierman
Senior Account Executive,
BoardroomPR
O 954-370-8999
C 954-330-1554
Bank of America Plaza |
1776 N. Pine Island Road
Suite 320 | Plantation, FL
33322
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