Ohana Real Estate Investors

Montage Residences Deer Valley Reports $88 Million In Sales

ohanare — Mon, 05 Nov 2012 20:51:56 +0000

Montage Residences Deer Valley has reported more than $88 million in sales in the past 23 months, with 23 residences sold and continued momentum heading into the winter season. The brisk activity has redefined the Park City real estate market and further positions Montage Residences Deer Valley as the market leader. This summer and fall, Montage Residences Deer Valley closed six residences, totaling close to $20 million in transactions, prompting a strong forecast for the remainder of the year and moving into 2013. “Our recent sales activity provides validation that Park City is a true four-season destination and our owners are attracted to the distinctive Montage lifestyle,” said Ed Rehill, Director of Sales for Montage Residences Deer Valley. “Year-round interest in our residential offering speaks to the desirable components of the property, as well as easy accessibility from many cities throughout the country,” said Mr. Rehill.

Positioned at the top of Empire Pass in Deer Valley, the spectacular location of Montage Residences Deer Valley offers breathtaking panorama mountain valley views and unparalleled ski-in/ski-out access. Owners of the Residences have access to dedicated concierge services, as well as the programming, culinary arts, spa, and world class amenities that elevate Deer Valley’s reputation amongst ski resorts. Montage Deer Valley offers residents a selection of four distinctive dining venues, including a gourmet gastropub with a four-lane regulation bowling alley; Spa Montage, with 29 treatment rooms and mosaic indoor pool, is Utah’s largest and most impressive retreat at 35,000 square feet; and Compass Sports, the resort’s high-tech recreation center featuring an assembly of iPad-equipped ski valets who make getting on the slopes a snap with three adjacent chairlifts just steps from their door.

Montage Residences Deer Valley has select homes available for purchase, ranging in size from 1,850 to 5,380 square feet, priced from the high $2M’s up to $10M, including fully furnished and unfurnished options. The high quality craftsmanship is reminiscent of an elegant mountain lodge design – all residences are appointed with estate-quality finishes, gourmet kitchens, multiple gas fireplaces, five-fixture stone bathrooms, rustic cherry millwork, and hand scraped walnut plank flooring. Additionally, some floor plans include a guestroom lock-off with a private entrance, making it easy to share the ski-in/ski-out condominium with family and friends, while maintaining a level of comfort and privacy.

This winter, various designer residences will be showcased, including an exceptional unit by nationally recognized and Utah local designer, Alder & Tweed. Weaving chic with eclectic, the exceptional 2,683 square foot, three bedroom, four bath condominium takes mountain living to new heights. Overlooking the sparkling alpine pool and hot tubs, the plush and contemporary design pops with amiable colors, prints, and accessories; adding warmth to neutral oatmeal, blonde and brown tones. This home is outfitted for the entire family, with deluxe furnishings from the fourposter bed to the four-bed bunkroom, expressing a sense of elegance, fun, and comfort for all ages.

About Montage Residences Deer Valley
A total of eighty-one private residences sit atop the beautiful Montage Deer Valley, in the yearround community of Park City, Utah. This is the ideal “base camp” for homeowners who wish to enjoy an active outdoor lifestyle in North America’s premier mountain resort destination. A dedicated residential concierge team is on-hand to assist with any household matter, from grocery stocking or housekeeping to travel plans or entertaining; a private owner’s lounge provides a comfortable space to gather before or after the day’s activities. Residence owners have access to the resort’s extensive 24-hour services, amenities, and engaging all-season recreational programs that make the most of its location amidst thousands of acres of wooded forest, with ski-in, ski-out access to Deer Valley Resort. www.montageresidencesdeervalley.com

About Montage Hotels & Resorts
Montage Hotels & Resorts is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company’s flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company’s second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED certified hotel and residences in Southern California. The newest property is Montage Deer Valley® in Park City, Utah, that opened in December 2010 with true ski-in, ski-out access to Deer Valley, repeatedly named North American’s #1 ski resort by the readers of Ski magazine. www.montagehotels.com

Montage Residences Beverly Hills Announces Two New Closings; Four In The Last Three Months

ohanare — Tue, 31 Jul 2012 19:21:33 +0000

Summer sales are heating up at Montage Beverly Hills! Two more of their luxurious private Residences sold within a three week time span, leaving only a few of the original 20 “homes within a grand hotel” available for purchase. A four bedroom, six and-a-half bath 5,761 square foot Penthouse was purchased for $14,025,000, and a three bedroom, three and-a-half bath home sold for $6,000,000. With four closings in the past three months, sales continue to set new marks in the Beverly Hills real estate market.

“The uniqueness of our property… the uncompromising service and amenities… coupled with their limited number, remain a huge draw for our residents,” said John Mansour, representative for owner, Beverly Hills Luxury Hotel LLC.

Situated in the heart of Beverly Hills’ famed Golden Triangle, the residential collection crowns the top two and-a-half floors of the multi-awarding winning nine-story hotel. Enjoying the signature service that has become a Montage trademark, residents are afforded all the special features associated with a luxury hotel, including access to the 20,000 square foot Spa Montage, fitness center and rooftop pool as well as critically acclaimed restaurants featuring award-winning celebrity chef Scott Conant’s Scarpetta, in addition to The Macallan’s newest bar, £10. A dedicated concierge staff, as well as the largest ratio of hotel staff to residents further complement the myriad residential amenities.

The remaining Residences range in size from 2,800 square feet to 4,950 square feet and are priced from $6.2 million to $12.5 million. For further information, visit www.montageresidencesBH.com or phone (310) 860-7899.

About Montage Hotels & Resorts

Montage Hotels & Resorts is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company’s flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company’s second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED® certified hotel and residences in Southern California. Montage Deer Valley, located in Park City, Utah, is the company’s third property, which opened in December 2010. www.montagehotels.com

About Beverly Hills Luxury Hotel LLC

Montage Beverly Hills is owned by affiliates of Ohana Real Estate Investors (OREI), The Athens Group and Montage Hotels & Resorts. In addition to Montage Beverly Hills, OREI also owns a portfolio of luxury hospitality assets including Montage Deer Valley, Montage Laguna Beach and real estate parcels in Los Cabos, Mexico; Kauai, Hawaii; and Northern California. www.ohanare.com

Montage Residences Deer Valley Sales Peak in Summer

ohanare — Fri, 02 Mar 2012 20:29:10 +0000

Montage Residences Deer Valley continues to report strong sales into the summer with more than $67 million in transactions over the past 18 months. Setting a brisk sales pace from the start, a little more than a year ago, 17 of the highly anticipated ski-in, ski-out residences that crown the resort have sold. Recent buyers have been motivated to make their home purchases in time to take full advantage of the many activities and amenities offered at the four-season resort during the beautiful summer season.

The recently opened Montage Deer Valley adds to the sophistication and understated luxury of Utah’s premiere mountain destination. Known for being North America’s #1 Ski Resort, Deer Valley comes into bloom in summer when a bounty of outdoor and cultural activities makes it the ideal playground.

Owners of the Montage Residences have access to all of the thoughtful programming and amenities at the resort and in the surrounding area, from adventurous, adrenaline-pumping pursuits like river rafting, fly fishing, and mountain biking, to sweetly nostalgic traditions such as old-fashioned games of horseshoes or archery and storytelling, s’mores and stargazing around the campfire. Montage Deer Valley offers a rich schedule of activities and culinary options throughout the summer months and encourages guests to wander the mountain trails, from spotting wildflowers to finding a special place to read a book with a spectacular view of the Wasatch Mountains.

“This summer, we are meeting families who want to be a part of the Deer Valley lifestyle immediately,” said Ed Rehill, Director of Sales for Montage Residences Deer Valley. “Because of the distinctive quality the Montage name conjures, the singular mid-mountain location, and the elevated design and lifestyle, the decision to purchase a home at the resort is an exceptional choice. We are encouraged the market remains strong and continues to grow.”

Montage Residences is currently offering a select eight private homes for sale, from two to four bedrooms, ranging in size from 1,889 to 4,367 square feet, priced from $3.2M to $7.8M. Owners can select from fully furnished or unfurnished homes, all appointed with estate-quality finishes, gas fireplaces, five-fixture stone bathrooms, state-of-the-art technology and expansive windows that bring the pristine outdoors in. Of the eight available residences, two select floor plans include a guestroom lock-off with a private entrance, making it easy to share the ski-in/ski-out condominium with family and friends while maintaining a level of comfort and privacy.

In October 2011, a spacious three-bedroom home curated by New York designer Philip Gorrivan and One Kings Lane co-founder Alison Pincus was introduced and was swiftly sold in 30 days for $4.4 million. Adding additional design inspiration this summer, local designers Alder & Tweed give their unique perspective to modern mountain design in a model home, while design legend Barclay Buttera, with outposts in Los Angeles, Newport Beach and Park City, lends his elevated traditionalism to a three-bedroom home. As with all of the entities that bear the Montage name, a tremendous amount of thought and expertise goes into creating environments of exceptional design and style.

“There is so much to entice people to be extremely interested in Montage Residences Deer Valley,” said Rehill. “For each family there is a different motivation that compels them to purchase. For some it is access to Spa Montage, the chic-Mountain Craftsman design, or the private bowling lanes at Daly’s Pub & Rec. For others it’s the convenience of leaving home from almost anywhere in the U.S. in the morning and being on the top-rated ski resort in the country after lunch, thanks to the proximity of Salt Lake International Airport. That’s the beauty of Montage Deer Valley – it’s appealing to many, as a smart vacation home decision, and that has led to our brisk sales pace.”

About Montage Residences Deer Valley
A total of eighty-one private residences sit atop the beautiful Montage Deer Valley, in the year-round community of Park City, Utah. This is the ideal “base camp” for homeowners who wish to enjoy an active outdoor lifestyle in North America’s premier mountain resort destination. A private residential concierge team is on-hand to assist with any household matter, from grocery stocking or housekeeping to travel plans or entertaining; a private owner’s lounge provides a comfortable space to gather before or after the day’s activities. Residence owners have access to the resort’s extensive 24-hour services, amenities, and engaging all-season recreational programs that make the most of its location amidst thousands of acres of wooded forest, with ski-in, ski-out access to Deer Valley Resort. http://www.montageresidencesdeervalley.com

About Montage Hotels & Resorts
Montage Hotels & Resorts is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company’s flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company’s second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED certified hotel and residences in Southern California. The newest property is Montage Deer Valley® in Park City, Utah, that opened in December 2010 with true ski-in, ski-out access to Deer Valley, repeatedly named North American’s #1 ski resort by the readers of Ski magazine. http://www.montagehotels.com

Montage Beverly Hills Kicks Off the New Year with Another Closing

ohanare — Mon, 06 Feb 2012 16:43:08 +0000

Montage Residences Beverly Hills, the 20 luxurious “homes within a hotel” that crown the top three floors of Montage Beverly Hills, the 201-room Forbes Five Star & AAA Five Diamond certified hotel in the heart of the city’s Golden Triangle, has announced closing on another Residence. The 1,900 square foot, two bedroom, two bathroom home sold for $4.4 million, and continues to set new marks in the Beverly Hills real estate market. Montage Residences Beverly Hills offer residents a unique living experience punctuated by an unmatched location, unparalleled amenities and the highest ratio of staff-to-resident available.

“We continue to be encouraged by the response we’ve received to these very special properties,” said John Mansour, representative for owner, Beverly Hills Luxury Hotel LLC. “Our buyers recognize that they are purchasing far more than an extraordinary home, but also a lifestyle that simply cannot be duplicated.”

Montage Residences Beverly Hills afford owners all of the services and special features associated with the luxury hotel, including access to the 20,000 square foot Spa Montage, fitness center and restaurants, featuring award-winning celebrity chef Scott Conant’s Scarpetta, in addition to The Macallan’s newest bar £10. Residents also enjoy the services of their own dedicated concierge staff, as well as a full complement of hotel staff. The seven remaining Residences range in size from three- to five-bedrooms, 2,700 to 5,700 square feet and are priced from $6.3 to $16.5 million. For further information, visit www.montageresidencesBH.com or phone (310) 860-7899.