Jorge Pérez on how a Trump presidency will affect foreign buyers: VIDEO

Miami /
Nov.November 16, 2016 05:15 PM

In one of the country’s most divisive presidential elections, Related Group CEO and Chairman Jorge Pérez sided with Hillary Clinton. But that doesn’t mean he thinks a Donald Trump presidency will negatively impact Miami’s real estate market.

A self-proclaimed liberal democrat, Pérez said there are plenty of issues he believed in that prevented him from supporting his friend Trump as a candidate: global warming, social welfare, immigration, free trade and public health.

Even so, Pérez wrote to Trump after the president elect’s victory offering his help.

And as for Miami’s real estate market, Pérez main concern is that foreign buyers will feel less protected by changes in visas or immigration policies because of Trump’s campaign rhetoric. Ultimately, he said, Trump — as a businessman — will understand the importance of foreign investment in global cities like Miami and New York.

“His whole campaign has been about jobs and growth,” Pérez. “Disturbing that would be counter to what he’s proposed.” [CNBC]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Placeholder image

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Jon Paul Perez and Russell Galbut with renderings of the projects

Related, Crescent Heights and Melo Group seek approval for Miami projects

Related, Crescent Heights and Melo Group seek approval for Miami projects
Domio Wynwood, Gustavo Miculitzki, and Jon Paul Pérez (Credit: Alberto Tamargo/Getty Images)

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M
From left: Jorge Pérez, Stuart Miller, Craig Robins, Louise Sunshine, and Russell Galbut,(Credit: Patrick McMullan via Getty Images)

Here are the South Florida real estate players who donated to candidates in 2020

Here are the South Florida real estate players who donated to candidates in 2020
Mark M. Rubin & Howard M. Lorber

Movers & Shakers: Related taps Douglas Elliman for condo sales & more

Movers & Shakers: Related taps Douglas Elliman for condo sales & more
Jorge Perez, Mario Procida, and Lewis Swezy (Credit: Sergi Alexander/Getty Images)

Miami-Dade approves three affordable housing redevelopment projects for south Dade

Miami-Dade approves three affordable housing redevelopment projects for south Dade
Matthew B. Gorson and One Park Grove (Google Maps)

Greenberg Traurig chairman pays $7M for One Park Grove condo

Greenberg Traurig chairman pays $7M for One Park Grove condo
Jorge Perez and Apogee Beach

Jorge Pérez lists Apogee Beach penthouse for $7.6M

Jorge Pérez lists Apogee Beach penthouse for $7.6M
arrow_forward_ios

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

Loading...