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The Real Deal Miami

Jorge Perez boasts low prices at his new projects

October 27, 2011 04:53PM

Related Group CEO Jorge Perez and a rendering of Apogee Beach

Bullish on the real estate market, Related Group CEO Jorge Perez is pricing units in his two major forthcoming condominium projects to sell quickly, according to the South Florida Business Journal. Perhaps it’s part of an effort to move on to more developments.

While making the rounds promoting his 49-unit Apogee Beach project in Hallandale, which will start construction next month, and the launch of sales at his 192-unit My Brickell, he said he was fixated on ensuring both projects were successes by letting buyers know the units are good investments.

To that end, prices in Apogee Beach will be in the low $400 per square-foot range, a $150 discount off the Trump Towers, and $300 per square-foot for My Brickell, more than $50 less than the area average. [SFBJ]