Today Current Real Estate Advisors announced the appointment of Stefano Santoro as managing partner of their new office in Miami to lead Current’s South Florida expansion. Founded by Brandon Charnas and Adam Henick, Current Real Estate Advisors is a tech-focused commercial real estate firm based in New York that utilizes social media to find leasing opportunities for clients seeking retail and office space in prime, strategic locations and leverages its platform to creatively market available property. Current’s disruptive value-add via its social footprint means clients have unique data to inform their real estate decisions and real-time access to Current’s following via ongoing marketing, polling, and visibility on the Current platform. Charnas and Henick will be instrumental in overseeing strategy while Mr. Santoro will be tasked with extending the company’s reach via innovative leasing and investment sale opportunities throughout Wynwood, Miami Beach, Coconut Grove, Coral Gables, and beyond.
Mr. Santoro was formerly an investment advisor at Apex Capital Realty and Dwntwn Realty Advisors, where his sales and lease transactions totaled over $75 million in transactional volume. Past deals include the Urbanica Beach Hotel, a 1-acre plot located at 6747 Collins Avenue priced at $40 million, and an international fashion school in the Miami Design District priced at $1,000 per square foot. Santoro was also involved in the three-acre assemblage on Northwest 29th Street and First Avenue, the former Rubell Family Collection. Plans include a mixed-use development of 800,000 square feet set to close in 2021.
“We are thrilled to introduce our newest Current team member, Stefano Santoro, as managing partner of our Miami office,” said Adam Henick, co-founder of the company. “We have been exploring Miami opportunities for a while and upon meeting Stefano, we felt the timing was right. Many of our NY clients have expressed interest in growing their brands in this multifaceted live/work community with a renowned art scene, restaurants, new office spaces, and more. We are confident that our innovative approach paired with our robust social media platform will resonate in the South Florida market. It was a natural next step for our expansion and the time is now.”
Current Real Estate Advisors represents some of the most forward-thinking brands including Bandier, Stoney Clover Lane, and Something Navy, which recently opened its first brick and mortar store on Bleecker Street in New York. Stefano will be tasked with sourcing new business opportunities and expanding the footprint for some of the hottest and most influential brands in the country.
“Stefano has the entrepreneurial spirit and dedication that cannot be taught. He is very in tune with the market and not afraid to take risks,” remarked Brandon Charnas, co-founder of Current Real Estate Advisors. “We are in an unprecedented market where in order to succeed, you need someone who understands complex deal structures, isn’t afraid to get creative, and disrupt an industry with so many traditional players.”
“I have been following the Current platform for years and admire their unique approach combining physical real estate and digital property marketing,” says Stefano Santoro. “I couldn’t be more excited to work with Brandon and Adam and be part of Current’s expansion to South Florida.”
About Current Real Estate:
Current Real Estate Advisors is a tech-focused commercial real estate firm in New York and Miami that leverages social media insights to find incredible leasing opportunities for clients seeking retail and office space in prime, strategic locations and utilizes the platform to creatively showcase available property. The rapidly-growing firm was co-founded by Brandon Charnas and Adam Henick. Current serves as a partner long after a transaction is complete by continually producing social content to benefit its clients and providing analytics to inform brand strategy. Current Real Estate has advised companies including Charlotte Tilbury, Museum of Ice Cream, Stoney Clover Lane, Bandier, Something Navy, Dagne Dover, JaJa, and Zero Bond.
About Stefano Santoro:
Stefano Santoro recently joined Current Real Estate Advisors as managing partner of the firm’s South Florida division. Stefano has over six years of experience working within different facets of commercial real estate including investment sales and property leasing in Miami’s Urban Core. Stefano ensures clients ranging from institutional investors to retailers receive exemplary guidance in the acquisition and disposition of their real estate investments. With a laser focus on Wynwood, Miami Beach, Coral Gables, and Coconut Grove, Stefano keeps clients educated on the rapidly shifting real estate climate and is poised to take advantage of opportunities for companies of all sizes. He will also serve as an advisor to a roster of buzz-worthy brands who’ve worked with Current Real Estate in New York City and will be looking to establish a South Florida presence in the years to come.
Prior to Current, Stefano worked as an investment advisor at Apex Capital Realty and Dwntwn Realty Advisors where his sales and lease transactions totaled over $75 million in transactional volume. Before entering commercial real estate, Stefano worked in several analyst roles where he underwrote CMBS bonds and managed an investment banking capital markets trading desk. Stefano is a graduate of Fordham University with a Master’s in Business Administration. He is a member of the Greater Miami and Fort Lauderdale Chambers of Commerce.