Privé at Island Estates Reaches 50% Sold in December 2014

Privé Island – December 15, 2014

Final Quarter of 2014 Yields Strongest Sales Period to Date on Heels of Accelerated Momentum & Critical Acclaim

Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, today announced that 50% of the residences at Privé at Island Estates – located on South Florida’s last buildable private island – are currently under contract. The overwhelmingly successful close to 2014 included sales totaling $75 million within the past 75 days for the ultra-luxury development, which was recently ranked “#1 Residential Real Estate Development in South Florida” by Elite Traveler.

“The exceptionally strong fourth quarter we’ve experienced thus far has not only propelled us to a major milestone achievement, it also set a new sales record for the project. We look forward to carrying over this momentum into the New Year.”

– Greg Freedman, BH3

Upon completion, Privé at Island Estates will be comprised of twin 16-story towers designed by renowned architects Sieger Suarez, including a total of 160 ultra-luxury Miami condominiums ranging in size from 2,585 square feet to more than 9,000 square feet in select penthouse units. Each residence will feature private elevator entry, flow-through floor plans with 10-foot ceiling heights (Penthouses have 15-foot ceiling heights), 10-foot deep balconies, expansive east/west water views throughout, European kitchens and bathrooms, as well as outdoor summer kitchens.

First-class, resort-style amenities and services include a 10,000 square-foot gym and spa in each tower, private dining and social rooms, pool-side café, wine and cigar rooms, kids rooms, tennis court, two pools, marina, private pier, nature trail, private beach, jogging path, full-time concierge, and 24-hour gated and roving security for the privately bridged island. All public spaces will be designed by Interiors by Steven G.

For more information, or to plan a visit to our new sales center, please contact the sales team below, or call 866-260-1961.

SCHEDULE A TOUR

About Privé at Island Estates

Privé® is located on an 8-acre private island set between Williams Island and Sunny Isles Beach. The twin iconic 16-story towers designed by renowned architects Sieger Suarez, will be comprised of a total of 160 ultra-luxury Aventura waterfront condos ranging in size from 2,585 square feet to more than 9,000 square feet for select penthouse units– the pinnacle of Miami luxury real estate.

Every Privé residence will feature private elevator entry, flow-through floor plans with 10-foot glass on both eastern and western exposures, full 10-foot-deep balconies, expansive east/west water views throughout, European kitchens and bathrooms, as well as outdoor summer kitchens. First-class, resort-style amenities and services include a 10,000-square-foot gym and spa in each tower, private dining and social rooms, poolside café, wine and cigar rooms, kids’ rooms, tennis court, two pools and jacuzzis, marina, private pier, nature trail*, private beach, jogging path*, 24-hour gated entry and roving security, and full-time concierge.

*Subject to DERM approval and all other applicable government agencies.