MIAMI REAL ESTATE IS BACK! Peggy Fucci and Victor Ballestas Story and photos courtesy Ann Briggle   ST Residential Launches South Florida Portfolio at Exclusive Event with Live Performance from Multi Grammy Award Winner. ST Residential, a world-class asset management company with a $4.5 billion real estate portfolio nationwide, launched its South Florida portfolio at an exclusive event at one of its luxury properties, Mint at Riverfront.  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 Award winner Jorge Villamizar of Bacilos.    Jorge Villamizar “The ST event was a success and represents a turning point in the Miami real estate market,” said 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.”  At ST Residential, the goal is to take a fresh look at the real estate market by rethinking everything from the ground up. ST Residential is the managing member of a public-private partnership between the FDIC and a group of esteemed private equity investors, including Starwood Capital, TPG, Perry Capital and WLR LeFrak.       Peggy Fucci, JorgeVillamizar and Wade Hundley 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,” said 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.”   Wade Hundley, Victor Ballestas, Peggy Fucci, and Jon Pertchik
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