{"id":3773153,"date":"2021-03-23T12:44:30","date_gmt":"2021-03-23T16:44:30","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3773153"},"modified":"2021-03-23T13:15:57","modified_gmt":"2021-03-23T17:15:57","slug":"one-thousand-museum-secures-inventory-loan-record-breaking-sales","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/one-thousand-museum-secures-inventory-loan-record-breaking-sales\/","title":{"rendered":"One Thousand Museum Secures Inventory Loan Following Record-Breaking Sales"},"content":{"rendered":"<p>The developers of the award-winning <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/one-thousand-museum-debuts-12-5-million-turn-key-residence\/\">One Thousand Museum by Zaha Hadid Architects<\/a><\/span> secured a $90 million loan from Cirrus Real Estate, refinancing its remaining residences. 1000 Biscayne Tower, LLC, is using the funds to pay off its construction lender and is moving onto the next phase of selling its last set of exclusive residences.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3773160\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/1-18.jpeg\" alt=\"\" width=\"1600\" height=\"1067\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/1-18.jpeg 1600w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/1-18-300x200.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/1-18-768x512.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/1-18-1024x683.jpeg 1024w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<p>In 2020, the iconic, exoskeleton tower had a record-breaking year of sales, with over $100 million in total. Buyers included star athletes and celebrities like <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/david-beckham-penthouse-one-thousand-museum-by-zaha-hadid-architects\/\">David Beckham<\/a><\/span> and <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/paul-pogba-purchases-miami-residence-one-thousand-museum\/\">Paul Pogba<\/a><\/span>, as well as affluent purchasers from the Northeast and California that have been migrating to Florida and its prime residential destinations, topped by One Thousand Museum.<\/p>\n<p>\u201cWhile our original timeline for securing an inventory loan was pushed due to travel restrictions that hindered lenders from walking the finished project, we ultimately found the right lender in Cirrus Real Estate Partners,\u201d said <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/one-thousand-museum-louis-birdman-boom-florida\/\">Louis Birdman<\/a><\/span>, co-developer of One Thousand Museum. \u201cWe are pleased to enter this new chapter and confident in the upcoming sellout of our landmark building.\u201d<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3773159\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/2-12.jpeg\" alt=\"\" width=\"1600\" height=\"1067\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/2-12.jpeg 1600w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/2-12-300x200.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/2-12-768x512.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/2-12-1024x683.jpeg 1024w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<p>\u201cDespite the pandemic, South Florida proved to be a thriving spot for new residents who flocked to Florida from within the United States, and One Thousand Museum was a project that shined,\u201d said <strong>Mayi De La Vega<\/strong>, Founder and CEO of One Sotheby\u2019s International Realty, the Exclusive Broker for One Thousand Museum. \u201cThe tower had a record-breaking year with $100 million in sales, and 2021 has already started off with more than $35 million in sales, putting us on pace to exceed our 2020 success.\u201d<\/p>\n<p>The combination of tax benefits and a bustling cosmopolitan city that keeps growing in Miami have continued to bring in new residents from around the world. This year alone, One Thousand Museum has closed $35 million in sales, on track to surpass the milestone reached last year.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3773158\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/3-12.jpeg\" alt=\"\" width=\"3000\" height=\"2001\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/3-12.jpeg 3000w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/3-12-300x200.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/3-12-768x512.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/3-12-1024x683.jpeg 1024w\" sizes=\"(max-width: 3000px) 100vw, 3000px\" \/><\/p>\n<p>\u201cWe look forward to the commercial growth of One Thousand Museum,\u201d said <strong>Tony Tufariello<\/strong> of Cirrus. \u201cWe worked to deliver capital quickly to maintain momentum at the property.\u201d<\/p>\n<p>\u201cWe have the experience to understand the operating complexity that comes with a high-profile luxury tower such as One Thousand Museum,\u201d added <strong>Joseph McDonnell<\/strong> of Cirrus. \u201cWe believe that the capital we provided will help the property fulfill its significant potential.&#8221;<\/p>\n<p>One Thousand Museum \u2013 developed by Louis Birdman, Gilberto Bomeny, Kevin Venger, and partners Gregg Covin and Todd Glaser \u2013 was officially completed in August 2019, as one of the country\u2019s most anticipated masterpieces.<\/p>\n<p>For more on One Thousand Museum, visit\u00a0<a href=\"http:\/\/www.1000museum.com\/\">http:\/\/www.1000museum.com\/<\/a>.<\/p>\n<p>Photos courtesy of One Thousand Museum<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3773157\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/4-7.jpeg\" alt=\"One Thousand Museum loan mar2021\" width=\"3000\" height=\"1685\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/4-7.jpeg 3000w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/4-7-300x169.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/4-7-768x431.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/03\/4-7-1024x575.jpeg 1024w\" sizes=\"(max-width: 3000px) 100vw, 3000px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developers of the award-winning One Thousand Museum by Zaha Hadid Architects secured a $90 million loan from Cirrus Real Estate, refinancing its remaining residences. 1000 Biscayne Tower, LLC, is using the funds to pay off its construction lender and is moving onto the next phase of selling its last set of exclusive residences.<\/p>\n","protected":false},"author":142,"featured_media":3773160,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1582,1],"tags":[1865,1043,22542,22543,486,26229,26230,1170,22175,22458,16087,1264,21141,67,18248,18249,13867,26232,18251,14677,16412,1507,167,32,2983,1747,18811,25689,20043,20032,18250,26231,15502,14767,8503],"class_list":["post-3773153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-developments","category-news","tag-bb-italia","tag-birdman","tag-birdman-one-thousand","tag-birdman-one-thousand-museum","tag-california","tag-cirrus-real-estate","tag-cirrus-real-estate-partners","tag-connecticut","tag-covid","tag-covid-refugees","tag-daniel-de-la-vega","tag-david-beckham","tag-david-beckham-one-thousand-museum","tag-downtown-miami","tag-gilberto-bomeny","tag-gregg-covin","tag-illinois","tag-joseph-mcdonnell","tag-kevin-venger","tag-louis-birdman","tag-luxury-living-group","tag-mayi-de-la-vega","tag-miami","tag-ny","tag-one-sothebys-international-realty","tag-one-thousand-museum","tag-one-thousand-museum-by-zaha-hadid-architects","tag-patricia-aquila","tag-paul-pogba","tag-second-home-buyers","tag-todd-glaser","tag-tony-tufariello","tag-world-cup","tag-zaha-hadid","tag-zaha-hadid-architects"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - 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