The Real Deal Miami

Posts Tagged ‘related group’

  • Related’s Jorge Perez wants to flip his One Ocean PH for $20M

    Perez bought unit for $4.23 million, or $1,200 psf, is asking $5,669 psf
    June 21, 2016 04:30PM
    Related Group's Jorge Perez and a rendering of One Ocean

    Related Group’s Jorge Perez and a rendering of One Ocean

    UPDATED June 29, 1:30 p.m. Jorge Perez wants to sell his penthouse at One Ocean in Miami Beach’s South-of-Fifth neighborhood for $20 million — more than quadruple his purchase price, The Real Deal has learned. [more]

  • Randy Frankel buys penthouse at Related’s One Ocean: $6.4M

    The minority owner of the Tampa Bay Rays also owns at the W South Beach
    June 15, 2016 11:20AM
    Rendering of One Ocean in South Beach

    Rendering of One Ocean in South Beach

    Financier Randy Frankel closed on his purchase of a penthouse at the newly completed One Ocean in South Beach. [more]

  • Lauderdale-by-the-Sea condo sues Related, contractors over alleged shoddy construction

    Suit alleges defective fire sprinkler system is causing extensive damage to 96-unit condo
    May 26, 2016 11:15AM
    Aquazul in Lauderdale-by-the-Sea

    Aquazul in Lauderdale-by-the-Sea

    For the third time in five months, another condo project developed by the Related Group is facing accusations of shoddy construction work likely to cost millions to repair. [more]

  • Related, partners secure $74M in long-term debt for Doral apartments

    Retail portions of project on track to open end-year 2016
    May 19, 2016 01:30PM
    Manor at CityPlace Doral

    Manor at CityPlace Doral

    Related Group, Shoma Group and PGIM Real Estate Investors have just secured $74 million worth of long-term debt for the first multifamily piece of their massive CityPlace Doral project. [more]

  • Auberge Miami debuts new sales center: PHOTOS

    $2M sales gallery includes a model kitchen and bath, a wine room and a scale model
    May 12, 2016 11:15AM
    AubergeFrom left: Carlos Rosso, Raimundo Onetto, Henry Pino and Rodrigo Gana (Credit: World Red Eye)

    The Related Group celebrated the opening of the sales center for Auberge Residences & Spa recently. … [more]

  • Jorge Perez brings a condo project to his hometown

    His Related Group is co-developing a two-tower project in Buenos Aires, Argentina
    May 07, 2016 11:00AM
    Rendering of Puerto Madero in Buenos Aires

    Rendering of Puerto Madero in Buenos Aires

    Jorge M. Perez, chairman and CEO of Miami-based Related Group, is getting a good reception for a condo project in his hometown: Buenos Aires, Argentina.

    Related Group and hospitality company sbe have presold more than half the units in their joint development of a condominium in Buenos Aires called SLS LUX Puerto Madero.

    The two-tower development in the Argentine capital city’s upscale Puerto Madero [more]

  • Jarden co-founder buys unit at Related’s One Ocean: $6.4M

    SoFi project has 49 units in two eight-story buildings
    May 06, 2016 04:30PM
    One Ocean in Miami Beach

    Rendering of One Ocean in Miami Beach

    The co-founder of the multibillion-dollar consumer products company Jarden has purchased a unit at One Ocean, a newly completed condominium in the South-of-Fifth neighborhood of Miami Beach.  [more]

  • Experts on why they think Broward’s real estate market is the place to be: VIDEO

    Panelists offered their views on Broward's hottest neighborhoods
    May 04, 2016 12:45PM
    South Florida Markets panel

    From left: Harvey Hernandez, Jean Francois Roy, Patrick Campbell and Jaime Sturgis

    Newgard Development Group, Metro 1 and the Related Group are all names heavily affiliated with some of Miami’s hottest neighborhoods. But the trio have something else in common: they all have a soft spot for Broward County and are spearheading a new wave of development and investment there.

    Harvey Hernandez of Newgard, Jaime Sturgis of Metro 1, Patrick Campbell of Related and their colleague Jean Francois Roy of Ocean Land Investments all weighed in on why Broward County is a hot market to be in right now during The Real Deal’s Broward Real Estate Showcase & Forum last month.

    Click here to check out watch these four heavyweights break down their thoughts on the Broward County real estate market at TRD’s Broward event. … [more]

  • Patrick Campbell gives Related’s view of Broward County: VIDEO

    Developer still feeling out market for its Icon Las Olas project
    May 02, 2016 10:30AM
    Patrick Campbell and Ina Cordle

    Patrick Campbell and Ina Cordle

    The Related Group has cranked out more luxury condo buildings this cycle than any other developer, and when a company like that starts paying attention to lesser-developed neighborhoods, the competition takes note. Related is in the midst of building several residential projects in Fort Lauderdale and is testing out the market to see what kind of demand the city can muster.

    Patrick Campbell, the firm’s vice president, sat down with The Real Deal South Florida’s Managing Editor Ina Cordle to talk about Related’s views on Fort Lauderdale, and what the company’s plans are for its future there.

    Click here to check out this one-on-one interview at TRD’s Broward event last month. … [more]

  • Marina portion of waterfront condo project opens

    It is part of the Marina Palms Yacht Club & Residences in North Miami Beach
    April 30, 2016 10:30AM
    Marina Palms Yacht Club & Residences in North Miami Beach

    Marina Palms Yacht Club & Residences

    The developers of the Marina Palms Yacht Club & Residences opened the marina portion of the project in North Miami Beach.

    The Marina Palms Yacht Club at Biscayne Boulevard and 172 Street has 112 wet slips  for vessels 40 feet to 100 feet long.

    “Premium dock space is very hard to find in South Florida. There hasn’t been a new marina like this built in over 20 years,” Jim Bronstien of US Marinas, the manager of the newly built marina, told the Miami Herald in a prepared statement.

    The new marina is located in Maule Lake along the Intracoastal Waterway, a 15-minute boat ride from the Atlantic Ocean. [more]