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]