On Florida’s sun-drenched coastline, a sleek high-rise in Hallandale Beach is fast becoming one of the most talked-about stories in the real estate world.
I first caught wind of the project at a real estate networking event. A seasoned developer clinked his glass and said offhandedly, “They’re turning Slate into a Mondrian.” He said it like it was nothing. But I knew better. When a brand like Mondrian steps away from hotels and into pure residential, it's not just branding—it’s a shift in the playbook.
Slate is a 26-story, 250-unit tower completed in 2022. I’ve toured it several times with clients. Honestly, the quality and location are outstanding—close to the beach, surrounded by amenities, nestled in a growing but already mature neighborhood. The residents? Mostly high-income professionals, young retirees, and snowbirds seeking comfort without compromise.
So when Ari Pearl’s PPG Development and BH3 Management announced their plan to convert the building into Mondrian Hallandale Beach Residences, it didn’t just make sense—it felt inevitable.
They’ve started by sending notices to existing tenants, offering them the first shot at ownership. One of my clients who’s been renting there for nearly two years called me immediately: “They’re offering me the unit. Should I buy it?” I checked the numbers—units start in the $900,000s, ranging from around 859 to over 3,200 square feet. And yes, there are penthouses—though pricing for those is still under wraps.
But this isn’t just about floor plans or price per square foot. It’s about instant gratification in a market where buyers are tired of waiting years for new construction. Mondrian Hallandale Beach is move-in ready—a turnkey product for those who want luxury now, not in 2028.
It reminds me of a client from New York who almost bought pre-construction in Brickell. After two years of delays and a developer pullout, he backed out. Slate offers something rare in South Florida: luxury inventory you can see, touch, and move into immediately.
Sales are being handled by Edgardo Defortuna’s Fortune Development Sales—one of the best in the game. Even better, buyers will be enrolled in Accor’s One Living program, unlocking benefits at other high-end Accor properties worldwide. It’s a strong pull for jet-setting buyers who want their home purchase to come with VIP perks from Paris to the Maldives.
Of course, luxury isn’t just in the square footage—it’s in the lifestyle. The building features more than 30,000 square feet of amenities: a resort-style pool with cabanas, a fire pit, a golf simulator, sports courts, a high-end fitness center, and a spa. It’s like living in a five-star resort without the revolving door of hotel guests.
Earlier this year, the owners secured $225 million in refinancing from JPMorgan Chase and Monroe Capital. BH3 acquired a 50% stake after the tower was completed, while the original developers, Premium Capital, still hold a share. That kind of partnership structure speaks volumes about long-term confidence in the project.
“We’re not building hype—we’re meeting demand,” said Dan Lebensohn of BH3. “Many buyers just don’t want to wait three to four years. This is different. It’s ready.”
And that, truly, is the story here. In a market flooded with future promises, Mondrian Hallandale Beach Residences delivers something real—now.
In real estate, opportunity doesn’t always lie in the ground. Sometimes, it’s about reimagining what’s already standing. This time, it’s Slate—reinvented, rebranded, and reborn as something much bigger than the sum of its floors.