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Related exec says strong real estate market will surprise many in 2013: VIDEO

December 28, 2012 04:30PM

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Related’s Jorge Perez
While Related Group’s CEO Jeff Blau and its Chairman and Founder Steven Ross handle massive New York projects like Hudson Yards, the developer will also continue to focus on South Florida, as the condo and second home market recovers, the Related’s Group of Florida’s Founder and CEO Jorge Perez told Reuters Impact Players. Despite losing, during the downturn, more than a billion dollars on luxury Miami condo projects like the Icon Brickell — 100 percent sold today — the company head says the market is back. [more]