GreyBrook logotype
Investor Login Contact Us

Florida’s First Supertall Tower, Waldorf Astoria Miami Residences, Reaches 72% Sold

Date:
January 13, 2022
Share:

Sales and marketing for the soaring property are led in-house by PMG Residential

Our Waldorf Astoria Miami Residences project with partner PMG, has sold 72% of its residential inventory since launch 9 months ago. Rising 100 stories and 1,049 feet above Biscayne Bay as the tallest residential and hotel building south of New York City, Waldorf Astoria Miami will become a landmark beacon for the city and an architectural wonder in Florida. The development also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.

Buyers at Waldorf Astoria Miami Residences hail from across the globe with 55% of buyers being domestic, specifically from the Northeast, California and South Florida, and 45% of buyers coming from outside of the United States. The top international markets include Mexico, Russia, Colombia and Turkey. The tremendous sales and marketing success has been led in-house by PMG Residential, including Aura Aragon, Alejandra Castillo, Karine Carvalho, Daiana Quiceno and Christian Tupper, in collaboration with Fredrik Eklund, Julia Spillman and John Gomes of Douglas Elliman’s Eklund | Gomes Team.

“We could not have reached this incredible sales milestone without the help of our dedicated sales team and our development partners who have worked together to create a truly unique property that will set the standard for luxury living in South Florida,” said Ryan Shear, Managing Partner at PMG. “This achievement is a testament to the strength of Miami’s real estate market and the demand for the next generation of luxury condominium developments in South Florida. Miami is booming and quickly entering a new development cycle, and we are thrilled to be part of the Waldorf Astoria Miami’s legacy, which will forever transform the city’s skyline.”

Located at 300 Biscayne Boulevard, Waldorf Astoria Miami will feature nine spiraling, offset glass cubes that distinguish the property’s architecture from anything else on the East Coast. The tower’s concept design is led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, who worked in tandem to create an iconic structure in Downtown Miami. Also partnering with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully.

The property will consist of 360 private residences as well as 205 guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center. Waldorf Astoria Hotel & Residences Miami will be managed by Hilton Management Services, offering residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

Waldorf Astoria Hotel & Residences Miami is expected to break ground in Q1 of 2022, with completion slated for 2026.

What this Market is Teaching Investors: Insights from Sasha Cucuz on The Your Life Your Terms Show

Insights
June 8, 2026

In a recent appearance on The Your Life Your Terms Show, Greybrook Securities CEO, Sasha Cucuz shared his perspective on today’s market, discussing everything from housing affordability and development economics to portfolio diversification and the opportunities emerging in U.S. multifamily…

Alex Nisenker, VP Private Capital Markets, Navigates How the Market Is Changing and How to Win on The Well Off Podcast

Insights
May 20, 2026

Alex Nisenker, Vice President of the Private Capital Markets Group at Greybrook, recently appeared on The Well Off Podcast, one of Canada’s go-to shows for real estate investors looking to build and scale their portfolios. Hosted by Ontario investor and…

Boardroom Brief: EP. 14 – New Housing Incentives & Early Signs of GTA Market Response

Insights
May 14, 2026

Governments have introduced a meaningful package of housing incentives — but the real question is whether they are enough to unlock pent-up demand and development, or if the market resets at a new equilibrium. Recent measures, including Ontario’s HST holiday,…

Greybrook’s Château 9: Strong Launch Event Momentum

Portfolio Updates
April 24, 2026

We’re pleased to share the strong market response to Château 9, one of our latest active townhome communities in partnership with Treasure Hill. This past weekend’s launch event brought together prospective homeowners and the broker community for a firsthand look at the…

Boardroom Brief: EP. 13 – What Investors Need to Know About Our New U.S. Multifamily Fund

Insights
March 26, 2026

After more than a decade of investing in and managing multifamily assets across multiple market cycles in Canada and the U.S., our team has built deep in-house expertise and experience spanning ground-up development through to operational management and value creation.…

Boardroom Brief: EP. 12 – Expanding South: Why We Launched a U.S. Multifamily Income & Growth Fund

Insights
March 6, 2026

Markets are evolving, and Greybrook is responding with discipline and focus. In our first Boardroom Brief episode of the year, Alex Nisenker sits down with Greybrook CEOs Sasha Cucuz and Peter Politis to discuss how we are positioning our platform…

Greybrook Launches its New U.S. Multifamily Income & Growth Fund

Company News
March 4, 2026

Greybrook is pleased to announce the launch of its U.S. Multifamily Income & Growth Fund — an open-ended private real estate fund designed to provide investors with exposure to well-located, affordable, and attractively priced Class B multifamily assets across high-growth…

Greybrook Holds Town Hall 2026

Company News
February 18, 2026

Greybrook recently hosted its 2026 town hall event, bringing the entire team together to reflect on the progress we’ve made, celebrate the people driving our success, and share a clear vision for the next phase of growth. This year’s gathering focused on the strength of our foundation…

Celebrating Dedication and Impact: Our 2026 Team Promotions

Company News
February 17, 2026

As we continue to strengthen our foundation and build from a position of discipline and focus, we are proud to recognize the individuals who are helping drive that progress forward. We’re pleased to celebrate well-earned promotions across our team, honoring the dedication,…

The Real State of GTA Development: An Honest Conversation on Today’s Market

Insights
January 23, 2026

With development activity slowing and capital becoming increasingly selective in today’s market, it’s more important than ever to sit down, cut through the noise, and have an honest conversation about what’s really happening on the ground. Last weekend, Greybrook Securities…

Join our newsletter and keep up to date with our news & insights

Contact us