Jon Paul Perez on Auberge delay, where Related is looking for buyers: VIDEO

Miami /
Oct.October 27, 2016 12:00 PM

Video by Alistair Gardiner

Jon Paul Perez, son of Related Group Chairman and CEO Jorge Perez, is being groomed to ascend the throne when his father steps down in the coming years. It’s only fitting then that The Real Deal pulled him aside for an interview at our biggest-ever South Florida Showcase & Forum last week.

Perez updated TRD South Florida Managing Editor Ina Cordle on Related’s major projects currently underway, gave some insight into why the company paused construction for the Auberge Residences & Spa Miami, and explained where Related is looking for its next batch of buyers.

Turkey has been particularly fruitful in the past, he said, and the company plans to continue marketing there. Related also managed to draw in a small batch of Chinese buyers for the W Fort Lauderdale.

He said Auberge is still taking reservations despite delaying groundbreaking, and Related hopes to start construction by late 2017 or early 2018.

Perez was among more than a dozen expert panelists assembled by TRD at Wynwood’s Soho Studios last week to dish on the biggest trends and issues in real estate.


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...