Related’s Jorge Perez among business delegates visiting Cuba

Miami /
Mar.March 22, 2016 11:15 AM

President Obama’s diplomatic visit to Cuba this week has captured the minds of many Miamians, whose ties to the island nation are arguably stronger than those of any other city in the United States.

But while most of the trip so far has been handshakes, photo ops and speeches, a delegation of U.S. business magnates reportedly landed on the island to meet with their Cuban counterparts on Monday.

Among them: South Florida’s own billionaire condo king Jorge Perez, CEO of the Related Group, and Cuban-born billionaire Mike Fernandez, founder of private equity giant MBF Healthcare Partners.

Several business talks were held at a brewery/restaurant in Havana where U.S. executives, Cuban entrepreneurs and government officials from both nations mingled and networked, according to a Miami Herald report.

President Obama also made an appearance and called for an embargo lift, along with reforms in Cuba like a dual-currency system and allowing professionals to start their own business, according to the report.

Perez, once an adviser of Bill Clinton’s on Cuban policy, has long stood for the relaxing of ties between the U.S. and the island. His parents are Cuban and though he was born in Argentina, he lived on the island nation as a child before his family fled during the revolution in 1959.

He’s even mentioned in past interviews with the Herald that he’d love to have a hand in redeveloping the island if possible. Foreign ownership of property in Cuba is still a tricky business, however, and only in 2011 did the government allow for its citizens to sell and buy property.

“There’s a lot of change happening in Cuba,” said Fernandez, according to the Herald report. “There’s been a quiet revolution over the last few years that some in our hometown don’t want to see it.” [Miami Herald] — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Jorge, Jon Paul and Nick Pérez (Photos by Studio Scrivo)
Related Group’s condo kings expand their realm
Related Group’s condo kings expand their realm
Robert Rivani of Black Lion Investment Group and Wynwood Arcade. (LinkedIn, Cushman & Wakefield)
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Daniel Sundheim and 2850 Tigertail Ave (Getty/Patrick McMullan, Related)
Daniel Sundheim’s D1 Capital Partners inks 10-year Miami office lease
Daniel Sundheim’s D1 Capital Partners inks 10-year Miami office lease
Related's Jorge Perez, Metro's Daniel Hughes and Terra's David Martin with Two Park Grove
Commercial brokerage chief buys PH at Two Park Grove for $10M
Commercial brokerage chief buys PH at Two Park Grove for $10M
The complex at 10900 Town Circle with (from left) Group chair and CEO Jorge Pérez and President Jon Paul Pérez and Pantzer Properties co-CEOs Jason and Jordan Pantzer (The Point at Wellington, Related, Pantzer)
Related Group sells Royal Palm Beach apartments for $119M
Related Group sells Royal Palm Beach apartments for $119M
Shari Neissani with The Collective Wynwood and Jorge Perez with Paseo del Rio. (Getty, LinkedIn via Neissani, The Collective, Paseo del Rio)
Miami board approves projects in Wynwood and Little Havana
Miami board approves projects in Wynwood and Little Havana
Don Peebles, Jorge Perez and Barry Sternlicht with the Clevelander hotel (Getty, iStock)
Alcohol rollback on Ocean Drive pits developers against business owners
Alcohol rollback on Ocean Drive pits developers against business owners
Related Group’s Jorge Pérez and his Apogee Beach penthouse. (Related, Douglas Elliman)
Jorge Pérez sells Hollywood penthouse for $6M
Jorge Pérez sells Hollywood penthouse for $6M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...