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Dovetail + Co Acquires Iconic Bermuda Resort

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Dovetail + Co will elevate the experience at Cambridge Beaches with updated guest rooms and public spaces, while highlighting the best of its storied history. The property has changed hands only four times since the late 1660s.

Cambridge Beaches Resort & Spa

We want to build on the traditions that guests have come to love while creating a setting that allows them to indulge in Bermuda’s natural beauty, connect with its history, and leave feeling restored.

Hospitality company Dovetail + Co expands into Bermuda with the acquisition of the historic Cambridge Beaches Resort & Spa. Located on a private 20-acre peninsula in Bermuda’s West End, the resort is surrounded by 330 degrees of water views, four private beaches, and sunrise and sunset vistas that highlight Bermuda’s lush natural beauty.

Cambridge Beaches Resort & Spa was established 90 years ago as Bermuda’s first cottage style accommodations. Some buildings date to the 1600s, shortly after the uninhabited island’s discovery in 1609. Today, the property includes 86 suites with private outdoor spaces and select plunge pools; four beaches; and an infinity edge waterfront pool. For outdoor explorations of Bermuda’s flora and fauna, the property features 5 acres of ornamental gardens, tennis courts, a putting green, a croquet lawn, and a marina and watersports hub. Amenities include a dockside historic tavern, beachfront and poolside restaurants and bars, event spaces, and a 10,000 square foot full-service spa with an indoor pool and fitness center.

Located in the middle of the Atlantic Ocean just a 90-minute flight from New York, Boston, Charlotte, Atlanta and Miami, Bermuda is equally renowned for its cultural heritage as its pink sand beaches and world-class golf courses. Visitors can explore dramatic crystal caves, an island-wide recreation trail, and the 400-year-old UNESCO World Heritage Site of St. George’s. From tropical hikes to boundless sea adventures—sailing, snorkeling, and SCUBA diving among shipwrecks—Bermuda is a playground for outdoor adventure. Reef fishing, whale watching, and waterfront rock climbing are lesser-known pursuits that speak to the island’s unique geography. A full calendar of festivals and cultural events including triathlons, film festivals, cricket matches and sailing races underscores the destination’s year-round appeal.

“I first visited ‘The Rock’ to run the Bermuda Triangle Challenge,” said Phil Hospod, Founder and CEO of Dovetail + Co. “Even in the winter months, I was dazzled by the island’s natural beauty, hospitality, and dynamic local culture.”

Dovetail + Co will elevate the experience at Cambridge Beaches with updated guest rooms and public spaces, while highlighting the best of its storied history. The property has changed hands only four times since the late 1660s. A wall with the names of all return guests reveals how beloved the property is: the standing record is 150 lifetime visits.

“Cambridge Beaches is a magical place, steeped in Bermuda’s history,” Hospod said. “We are honored to be the new stewards of this esteemed resort. We want to build on the traditions that guests have come to love, while creating a setting that allows them to indulge in Bermuda’s natural beauty, connect with its history, and leave feeling restored. The property has an established reputation as an authentic island retreat offering gracious hospitality. We want to refine it and let the world in on Bermuda’s best kept secret.”

Cambridge Beaches is located in Bermuda’s West End, home to the shopping and entertainment hub at the Royal Navy Dockyard, world famous Horseshoe Bay Beach, Gibbs Hill Lighthouse, and the National Museum of Bermuda. Situated on the King’s Point peninsula where the Atlantic Ocean, Long Bay, and Mangrove Bay converge, the resort is a secluded respite surrounded by crystalline waters.

Cambridge Beaches will be part of Dovetail + Co’s diverse portfolio of unique properties in storied locations. In the spring of 2020, the company opened Urban Cowboy Lodge in the Catskills and the Wayfinder Hotel in Newport, Rhode Island. Dovetail currently has one project under development on New York City’s historic Bowery, and another hotel in Hawaii, which will become the Wayfinder Waikiki.

About Dovetail + Co:
Dovetail + Co is an owner, developer, and operator of unique hotels. Dovetail’s leadership team combines best-in-class real estate and hospitality disciplines to create spaces that leave an impression. Dovetail’s current portfolio includes The Wayfinder in Newport, Rhode Island, a lifestyle hotel and bar; Urban Cowboy Lodge, a rustic retreat in the Catskill Mountains of New York; an under development luxury capsule hotel on the Bowery in New York City, and a second outpost of the Wayfinder in Waikiki, Hawaii. Dovetail is actively growing, focusing on projects in storied destinations that challenge the imagination and leverage its core capabilities.

Dovetail + Co was founded by Phil Hospod. Previously, Phil was part of Sydell Group’s senior leadership team, where notable achievements include the Freehand NYC and the Line DC, both award-winning and market-defining hospitality developments.

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Source: https://www.prweb.com/releases/dovetail_co_acquires_iconic_bermuda_resort/prweb17901624.htm

Private Equity

Blackstone makes £1.2bn take-private offer for UK real estate developer St Modwen

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Global private equity giant Blackstone Group has made a £1.21bn offer for St Modwen, a UK developer specialising in reg

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Source: https://www.altassets.net/private-equity-news/by-news-type/deal-news/blackstone-makes-1-2bn-take-private-offer-for-uk-real-estate-developer-st-modwen.html

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Blockchain

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

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Arte by Antonio Citterio, a high-end luxury condominium located in Miami,  announced that it will now accept cryptocurrency as a payment method for new residential developments and purchases of exclusive condos.

The Arte, the most exclusive boutique condo in Miami’s Surfside neighbourhood, is also home to many celebrities such as Ivanka Trump and fashion blogger Arielle Charnas. Among the luxury homes offered by the Arte figures the Villa Nove penthouse, which is currently priced at $38 million.

In order to facilitate cryptocurrency payments and sales channels, Arte has also established a cooperation with the blockchain and securities trading platform SolidBlock. The platform will provide customized solutions for buying and selling digital assets, as well as relevant legal and tax advice.

The Co-founder of SolidBlock Yael Tamar said

“We are thrilled to have the opportunity to partner with the developers of one of Miami’s most sought-after buildings. Discerning and tech-savvy buyers both local and international will appreciate having access to a platform that streamlines the process and helps them invest in this amazing opportunity.”

Alex Sapir, chairman of developer Sapir Corp, said that the crypto market has created incredible global wealth, and it is very natural for Arte to enable this payment method in the real estate industry.

As a large number of top high-tech companies use the city of Miami as an operation center and various venture capital companies have emerged within the city, Arte and the Mayor of Miami Francis Suarez are working together to transform the city into a cryptocurrency and technology hub.

Mayor Francis Suarez stated:

“The embrace of cryptocurrency and emerging technologies across all sectors of industry is precisely how Miami will become the city of the century.” 

At the same time, Miami will host the world’s largest Bitcoin conference next month, called the Bitcoin 2021 conference.

However, Miami is not the first city in the world to accept cryptocurrency for real estate transactions. Purchasing real estate property with cryptocurrencies is also becoming more of a reality in Dubai.

Asset Advisors, a Dubai-based real estate company, also provide convenient, safe, and transparent digital currency transactions for customers who want to invest in real estate in Dubai.

In addition to accepting the most popular mainstream digital assets such as Bitcoin and Ethereum, Asset Advisors clients can also use Tether (USDT) as a down payment method for housing.

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Source: https://Blockchain.News/news/luxury-miami-condominium-arte-now-accepts-bitcoin-ethereum-form-payment

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Blockchain

Ivanka Trump’s luxury Miami apartment block accepting crypto for condos

With the cheapest condo listed for more than $10 million, Miami’s Arte Surfside luxury apartments are now aimed at crypto millionaires and billionaires.

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Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million.

The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay in multiple cryptocurrencies, including Bitcoin and Ether.

The region’s “most exclusive” condominium is already home to Ivanka Trump and Jared Kushner, as well as fashion blogger Arielle Charnas from Something Navy. It’s now attempting to appeal towards crypto millionaires and billionaires attracted by Miami’s Bitcoin-friendly reputation. 

According to the announcement, the cheapest condo available starts at $10.3 million with spaces ranging from three to five bedrooms, with access to a 75-foot indoor pool, meditation pond, rooftop tennis court, and private temperature-controlled parking spaces. The highest sale to date was $33M for the penthouse condo — the same one that has just been relisted at $38 million.

Developers Sapir Corp noted that a number of top Silicon Valley companies and venture capital firms had moved to the city and this played a role in the decision to accept cryptocurrencies.

Miami Mayer Francis Suarez has already met with ‘Dogecoin CEO’ Elon Musk, Twitter CEO Jack Dorsey, and Google CEO Eric Schmidt in an effort to convince them to move operation to the sunny state. Cryptofinance firm XBTO Group has a new office there, Scott Minerd from global investment firm Guggenheim Partners and Peter Thiel-associate Keith Rabois have bought property, and VC Delian Asparouhov joked on social media about moving Silicon Valley to Miami. 

Chairman of Sapir Corp Alex Sapir said the company supported Mayor Francis Suarez’s vision to make Miami a cryptocurrency and technology hub.

“As the most exclusive luxury building in the city, we’re positioning ourselves for a future where half the world’s billionaires are crypto billionaires, which will happen once Bitcoin reaches $200,000. With cryptocurrencies already creating incredible worldwide wealth, it’s real estate that will sustain that wealth and provide buyers with a legacy.”

Over the last year, Suarez has made it clear that he wants to landmark Miami as the country’s crypto center and he hailed Arte’s announcement as the first of many.

“The embrace of cryptocurrency and emerging technologies across all sectors of industry is precisely how Miami will become the city of the century,” said Mayor Francis Suarez. “Arte is setting an important precedent and I won’t be surprised to hear similar stories in the near future.”

A resolution for a new cryptocurrency task force passed on May 6, looking at the feasibility of allowing the Miami-Dade county to accept cryptocurrencies as a form of payment for taxes, fees, and services.

Next month, Miami will host the world’s largest Bitcoin conference, Bitcoin 2021 conference.

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Source: https://cointelegraph.com/news/ivanka-trump-s-luxury-miami-apartment-block-accepting-crypto-for-condos

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Real Estate

2021 Houston Modern Home Tour Returns as Virtual Experience

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Photo: Miro Dvoracak

During our virtual events, we explore the homes as a group and discuss the project’s story with the people that created it. The event is NOT prerecorded and it’s 100% interactive live with the architects, so it’s as close to an in-person tour as we could possibly create.

The end of the coronavirus pandemic is in sight for Americans, but the country is still not quite ready for large-scale gatherings, especially in small spaces like private homes. For lovers of architecture and design, however, the Modern Architecture + Design Society (MA+DS) is presenting their signature Modern Home Tour series throughout 2021 in a way that gives everyone, everywhere the opportunity to explore some of the North America’s greatest examples of modern residential architecture.

The 2020 Houston Modern Home Tour was the first virtual event produced by the Texas-based MA+DS group at the end of last year. Now returning in May for the annual event, the 2021 Houston Modern Home Tour will bring tourgoers on another virtual experience through some of Houston’s amazing modern homes. The online event uses a scanned 3D model of each home as the centerpiece, while the MA+DS hosts and a mix of architects, builders, designers, and owners ‘walk through’ each home discussing the project and how it came to life. Tourgoers can watch live and participate via live chat. All segments and models are available to explore after the live event.

“We’re really excited to return to Houston for another virtual tour this spring,” says MA+DS founder, James Leasure. “During our in-person events, most visitors would explore each home on their own, and perhaps ask a question on their way out the door. During our virtual events, we explore the homes as a group and discuss the project’s story with the people that created it. The event is NOT prerecorded and it’s 100% interactive live with the architects, so it’s as close to an in-person tour as we could possibly create.”

Leasure says the 2021 calendar of virtual events is his group’s answer to continuing live events in a safe manner until the world can resume large gatherings in-person: “As a small, live-event-based company, 2020 was obviously a tough year, but we are really excited about our virtual tours. The segments are fun and educational, and anyone, anywhere, can join from the safety of their own homes. Our 2021 Season Pass option will give architecture enthusiasts and design lovers new content to explore all year round.”

Leasure also explains further benefits of the MA+DS virtual Houston tour: each home’s segment will be recorded and made available after the LIVE event. Tourgoers will be able to revisit segments, watch any they missed on tour day, and explore many of the 3D scans on their own.

“The added bonus with doing a virtual event is that tourgoers interested in seeing the homes do not have to block a full day off on their schedule,” says Leasure. “Likewise, those who live far away don’t have to travel. We like to think of this as a LIVE TV show where you have the option to ask the host questions during the show… or watch DVR-style at a later time.”

Confirmed Houston Modern Home Tour participants include:

Gary R. Chandler Architecture & Interiors

Intexure + Boxprefab

Eklektik Interiors

refuGe Design Studio

Origin Architects

How it works:
1)    Tickets can be purchased here: https://mads.media/2021houmod

2)    Tourgoers will receive an access link with unique passcode prior to the event.

3)    Tourgoers can participate LIVE by watching the segments and asking the architects/builders/designers questions, or…

4)    Segments can be watched (or re-watched) at a more convenient time after the event.

The 2021 Houston Modern Home Tour is presented by the Modern Architecture + Design Society and sponsored by BEC Engineers and Consultants and RAM Windows. Segments will run throughout the day on Saturday, May 22, 2021; a full schedule is posted on the event page. Tickets are just $40 per device and grant access to the taped segments after the live event ends. A Seas on Pass is also available that grants access to all virtual tours held in 2021.

About the Modern Architecture + Design Society: Based in Austin, Texas, the Modern Architecture + Design Society was founded was founded by James Leasure in 2010 as Modern Home Tours, to introduce modern architecture and living to people across the nation. Through fun and informative self-guided home tours in dozens of cities across the USA and Canada, the group invites people into some of the most exciting examples of modern architecture and design in the nation. With carefully selected architects, neighborhoods and architecture, the MA+DS Home Tours are unlike anything you’ve ever seen. Not only will you learn about the cutting edge of home design while on our tours, but you might even get an idea or two for your next home project!

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Source: https://www.prweb.com/releases/2021_houston_modern_home_tour_returns_as_virtual_experience/prweb17918611.htm

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