Fuerstman is a graduate of Tufts University, with a Bachelor of Arts in Political Science. Fuerstman as one of its 20 Rising Star Hoteliers all 40 and under. Fuerstman was honored with Boutique Design’s 2018 Up-and-Coming Hoteliers Award and HOTELS magazine recognized Mr. Prior to joining Montage Hotels & Resorts, he was an Assistant Project Manager with The Athens Group, a luxury resort developer, and was the co-founder of one of the web’s first location-based, mobile social networking websites. Fuerstman joined Montage Hotels & Resorts in 2009 as the Residential Sales Operations Manager at Montage Beverly Hills, where he led a team of sales associates in the strategic planning, marketing and sales for Montage Residences Beverly Hills. Client (Borrower): Lender: Financing Proceeds: Key Count: Beverly Hills Luxury Hotel, LLC HSH Nordbanken 225,000,000 201, plus 24 residences. Fuerstman was the Corporate Director, Acquisitions & Development, for Montage Hotels & Resorts, responsible for new business development and acquisition opportunities for the company. Fuerstman oversees the development of the brand and its execution in design, guest experience, programming and new development. Live, which go for approximately $1.3 million to $9.3 million, are almost completely sold out, while the 24-story Carlyle Residences, located on the Wilshire Corridor, are now more than 60 percent sold, with $80 million in sales during 2013.Michael Fuerstman is the Co-Founder & Creative Director of Pendry Hotels & Resorts, the new luxury brand from Montage International. The 224 luxurious high-rise units at Ritz Carlton Residences at L.A. The sellout reflects a broader trend in high-end vertical housing in Los Angeles. Paul Getty, Ariadne Getty, who reportedly purchased a 5,781-square-foot unit on the seventh floor for $14 million in 2012. Residents in the building have included Judge Judy’s Judith Sheindlin, former owner and chairman of the Los Angeles Dodgers Frank McCourt, and philanthropist and granddaughter of J. “This comes with all of the amenities of a five-star hotel and the privacy of a home with separate entrances and parking,” says Frank Symons, executive vice president/CEO, Sotheby’s International Realty, Western Region, which was the exclusive listing agent on all units, and was co-exclusive agent with the developer, ORES, on the last unit. Ranging from 1,900 square feet to 5,700 square feet, the homes, which feature details such as 18-foot-high ceilings, octagonal living rooms, limestone fireplaces and state-of-the-art kitchen appliances, have sold for between $4 and $14 million. The residences occupy the top three floors of the luxury hotel. The 3,800-square-foot, three-bedroom unit, the last of the 20 unique condominiums offered at The Montage, was purchased by an undisclosed buyer, bringing total sales of the residences to more than $176 million. Located at 9200 Wilshire Boulevard, Mandarin Oriental Residences’ prices start at 3.7 million for Residence 304E, a one-bedroom, two-bathroom unit with about 1,260 square feet. Its Downtown Los Angeles location will have 34 suites and 'a sophisticated character.' The hotel will be part of a multi-use development project set to wrap up. The five-star hotel is part of the Hyatt brand. Call it a Golden Triangle milestone: The last condominium on the market at the Montage Residences Beverly Hills has sold. MONTAGE RESIDENCES BEVERLY HILLS BARN LOFTS BARKER BLOCK Acquisitions CONNECT PARK HYATT LOS ANGELES.
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