The Real Deal New York

Jorge Perez plans to hand over Related Group in SoFla to his sons

Firm is Miami's most prolific condo developer
Jon Paul Perez, Jorge Perez, Nick Perez

From left: Jon Paul Perez, Jorge Perez and Nick Perez

From the South Florida website: Jorge Perez, who’s had a prolific decades-long career as a real estate developer, is reportedly gearing up to move aside in the hopes that his two sons will take control of the Related Group, a South Florida-based developer that is minority-owned by New York-based Related Companies.

At 66, Perez said he wants to leave his role as head of Related Group in a few years so he can focus on leisures like traveling and curating his extensive art collection, Bloomberg reported. In his stead, he hopes 31-year-old Jon Paul and 28-year-old Nicholas will take over and guide the company he founded into the future. He would stay on as chairman. [more]