Cervera Real Estate Hosts Preview Party To Celebrate Art Basel

The champagne, art and real estate flowed throughout Miami Art Week, with some developers hosting eye-popping exhibits and blowout parties to celebrate Art Basel.

At the start of the week, Faena Miami Beach released a public art installation on the beach, including a "sinking Taj Majal" with giant chandeliers, a 2-ton concrete elephant and pieces of the abandoned Atlantic City Casino.

Other events included an opening preview of Red Dot Miami and Spectrum Miami, two sister shows in Miami's Arts & Entertainment District. Cervera Real Estate hosted the party with Redwood Media Group, marking the brokerage's first affiliation with a major art show during Miami Art Week.

Elliman also sponsored the gallery space within the Collectors Lounge at Art Basel, an area reserved for VIP guests at the Miami Beach Convention Center, for the fifth year in a row.

On Tuesday, Property Markets Group and JDS Development Group hosted an event with Cuban artist Antuan at the recently completed Echo Brickell, at 1451 Brickell Avenue.

Later in the week, KAR Properties and RBC Wealth Management held a dinner at the Setai to showcase KAR's One River Point and 2000 Ocean projects. Guests included Howard Lorber, Shanjie Li and Shahab Karmely.

On Thursday, Goldman Properties unveiled its annual Wynwood Walls exhibit, a series of 12 new murals with the theme of "human kind."

And on Friday, Elliman closed out the week's festivities with the launch of Elliman Magazine's fourth annual art issue at Delano South Beach. Lorber, Dottie Herman, Scott Durkin, Dana DeVito, Susan de França, Jay Parker and other top executives attended the party, which showcased artists from cities where Elliman is active ' Carlos Betencourt, Vanessa Prager, Luke Choice, Dawn Kasper and Stephanie Hirsch ' with music by former Ellen DeGeneres Show DJ Tony Okungbowa.

Residential brokers were also quick to jump on the Art Basel train, hosting intimate cocktail parties to lure buyers to their listings.

Amanda Rabines contributed reporting.

This article originally appeared in The Real Deal