Continuum Company, a New York City-based boutique real estate development firm focusing on ground-up developments that create value for both the consumer and investor, announced today that Cullen Mahoney is joining the company as the Senior Development & Acquisitions Officer for Florida.
“Continuum Company is thrilled to welcome Cullen to the team,” Alexandra Eichner, President of Continuum Company, said. “We believe he is the perfect addition as we begin to hone in on the South Florida real estate market.”
For the past two decades, Continuum has eyed South Florida as an up-and-coming real estate enclave. In 2000, Continuum launched its first South Florida-based high-rise project, now known as the Continuum, which boasts a 42-floor north tower and a 37-floor south tower for a total of 527 units. Continuum has recently emphasized further expanding its projects into the South Florida market. Spearheaded by Alexandra Eichner and Phil Gutman, President of PGutman, Continuum has commenced construction on La Baia South, which is 100% sold, and launched sales on La Baia North. Additionally, Continuum just announced that it acquired a 1.34-acre site in North Bay Village for a brand-new luxury condominium building.
Enter Mahoney – with over a decade of experience in real estate and development in South Florida, he will serve as a tremendous asset to Continuum as the firm continues to expand into the Florida market. Prior to joining Continuum, Mahoney worked as a Development Manager for Miami-based Related Group. In this role, he worked on several Miami-based development projects in both the luxury condominium division and the market-rate apartment division, most notably his involvement with Residences by Armani/Casa. His collective real estate projects portfolio is valued at over $1 billion.
Prior to joining Related Group Mahoney graduated from University of Miami School of Law with a Masters of Law in Real Property Development.
“Since the pandemic, South Florida has seen unprecedented growth. While inflation impacts construction costs and higher interest rates cool demand, we are continuing to see a steady wave of sophisticated buyers transacting in our market,” Mahoney said. “Continuum is carefully curating development sites and providing a high-quality product that continues to be prosperous regardless of market conditions. I am excited to join the team,” he adds.