Trump Hollywood Is Sold Out, Exceeds Sales Expectations
June 28th, 2012
Trump Hollywood Is Sold Out!
Record Sales in 16 months lead to Sell Out
We are very happy to announce that, having experienced record-breaking sales in the first quarter of 2012, Trump Hollywood is now completely sold out. Since our re-launch in January of 2011, Trump Hollywood contracted 179 residences worth $276 Million, in just 16 months. Including prior sales the total reached 200 residences sold for a grand total in excess of $306 Million.
“Congratulations to BH3, the whole development team and everyone working on Trump Hollywood, it’s been an amazing success.” – Donald J. Trump, Owner and CEO of the Trump Organization.
Both U.S. and international buyers alike discovered Trump Hollywood as an ideal real estate opportunity offering key attractions such as location, design, amenities, and above all else, value. In short, Trump Hollywood broke the mold.
Gracing the incredible Hollywood Beach shoreline, Trump Hollywood’s 41-stories captured the essence of luxury living for many international buyers who sought high-end amenities and unique design.
“The numbers achieved in the time-frame of only 16 months are absolutely astonishing and prove that with a great product at an incomparable value, record sales can be achieved in even the toughest economic times,” said Greg Freedman, partner in BH3, the developer of Trump Hollywood.
“We are thrilled that we have been successful in putting Hollywood on the map as an ultra-luxurious residential destination. Trump Hollywood is an outstanding value and a one-of-a-kind property,” added Edgardo Defortuna, President and CEO of Trump Hollywood’s sales partner Fortune Development Sales. “Both the international and local markets have responded incredibly well to these grand, finished residences.”
Our success can also be partly attributed to our financially stability. With an extremely well-funded Homeowner’s Association and zero foreclosures or short sales, Trump Hollywood offers a reassuring future to its residents. Our property also offers exceptional amenities such as a 4,000 square-foot spa and fitness center, a home theater room, wine cellar and tasting salon, lavish cigar lounge with private humidors, breakfast café, private beachfront cabanas, poolside service, tennis courts, 24-hour complimentary valet, full security, and exclusive concierge staff.
The opulent common areas designed by Yabu Pushelberg pair modern warm décor with an exquisite art collection. For the residences, renowned Interiors by Steven G. offered custom-designed homes fitting for each resident, creating an ambiance of subtle elegance blended with an innovative appeal.
“The key in selling a property such as Trump Hollywood has been the astute assessment and qualification of buyers by our team,” commented Michael Neumann, Director of Sales for Trump Hollywood. “We understood the process and dedication needed to attract the most discerning of buyers, and didn’t take any shortcuts when it came time to sell.”
About BH3 & King Street Capital
BH3 is a successful South Florida-based real estate firm, and King Street Capital, is a $20 billion New York-based global alternative investment management firm. Supported by The Related Group and Fortune Development Sales, the team launched a new era at Trump Hollywood during 2011, highlighted by updated pricing on all residences.
For additional information, call (866) 382-2495. Sales by Related Realty in collaboration with Fortune Development Sales. For additional information about BH3, call 954-416-3140 or visit www.bh-3.com.
Trump Hollywood® uses the “Trump” name and mark under a license from Trump Marks Hollywood LLC, which license may be terminated or revoked according to its terms. The property is not owned, developed or sold by Donald J. Trump, the Trump Organization or any of their affiliates.