Downtown Miami Closing Trends To Be Discussed

April 13, 2010 - PRLog -- Nearly 200 new condominium units were sold every month in 2009 in Greater Downtown Miami and initial research shows that the momentum has carried over to 2010.

CondoVultures.com plans to release the first quarter condo closing report for Greater Downtown Miami the week of April 19.

That same week, Condo Vultures® founder Peter Zalewski will moderate a panel discussion examining the latest trends in Greater Downtown Miami's condo market at the upcoming Condo Vultures® seminar  "Future of Condo Development in South Florida" on April 20 at the Miami Marriott Biscayne Bay Hotel .

Joining Zalewski on the panel  Isos Y. Stamelos-Monroe, who leads the current preconstruction condo sales efforts for the proposed Sky Palace at Mary Brickell Village tower, and Howard Shapiro, one of the developers of the Brickell on the River condominium complex in Greater Downtown Miami.

Stamelos-Monroe has a decade of experience in real estate, including four years as director of acquisitions for veteran developer Evangeline Gouletas´ Skyline Equities Realty. In this role, Stamelos-Monroe is responsible for cultivating and maintaining the company's business relationships with opportunity funds, private investors and various clientele around the globe.

Shapiro and his partners, who built the two-tower Brickell on the River complex with more than 90 floors and 700 units in Greater Downtown Miami, were one of the first developers to slash prices to the $200 per square foot range, triggering a buying frenzy in the South Tower of their project. The move has been well publicized by the New York Times, Miami Herald, and other newspapers.

The program begins at 6.30 pm and is preceded by a one-hour networking session that starts about 5.30 pm.

Contact seminar coordinator John Fakler by phone or text at 561-350-3971 or by email at jfakler@condovultures.com for more information.

# # #

Condo Vultures® LLC is a Bal Harbour, Fla.-based consultancy and publishing company focused on collecting, analyzing, and communicating intelligence on the South Florida real estate market.