Hyatt’s Previous President Ed Rabin Sells Apogee Rental For $8M

The previous president of Hyatt Hotels Corp. marketed his South Seashore condo for $7.5 million.

Edward “Ed” W. Rabin, individually and as trustee of a have faith in in his title, and Jacquelyn “Jackie” Tyler Rabin bought device 1103 at Apogee, at 800 South Pointe Push in Miami Seaside, to Donald Gaiter and Gloria M. Gutierrez, in accordance to data.

Ed Rabin served as president of Hyatt Inns Corp. until finally 2006. He had worked there because 1969. Following retiring from Hyatt, he joined the board of administrators of Sally Natural beauty Holdings, in accordance to its site.

Gloria Gutierrez is govt vice president and company counsel of Burlington, Massachusetts-based mostly business real estate organization The Gutierrez Enterprise. She joined the corporation in 1999 and has held her latest position considering that 2006, in accordance to the company’s internet site.

The Rabins bought the apartment in 2008 for $3.8 million, information clearly show. The device was shown in January for $7.9 million.

The device marketed for $2,721 for each square foot, marking the most high priced apartment sale of the week in Miami-Dade County, in accordance to condos.com.

Stacy Robins of Stacy Robins Firms represented the sellers, and Dan Hechtkopf with Douglas Elliman represented the buyers.

House records display the three-bed room, a few-and-a-fifty percent-rest room device spans 2,756 square ft with ocean sights. According to the listing, it has been converted into a two-bed room device. The rental also has a terrace with an outside kitchen and will come with two-and-a-50 percent parking areas.

Designed by Sieger-Suarez, Apogee was built by the Related Team in 2007. The apartment developing has 68 models during 22 tales.

Previous thirty day period, Jim Pulaski, a former hedge fund manager, acquired a unit at Apogee for $12.2 million. In 2019, a have confidence in tied to Chicago’s Crown family bought a device for $11.3 million.

Speak to Jordan Pandy