RelatedISG acquires South Miami brokerage

Company closed $35M in sales last year

TRD MIAMI /
Jun.June 28, 2018 04:30 PM

Jorge Fernandez and Alberto Carrillo (Credit: PxHere)

RelatedISG International Realty just closed on the acquisition of Caribe Homes Realty, a boutique brokerage in South Miami.

Ten of the firm’s 11 agents are joining RelatedISG, a partnership between the Related Group and International Sales Group. They will work out of RelatedISG’s Coral Gables office at 178 Giralda Avenue.

Albert Carrillo, vice president of RelatedISG, brokered the deal. A spokesperson declined to provide terms.

Caribe, led by broker Jorge Fernandez, closed $35 million in sales last year, the spokesperson said.

Other firms like Compass and the Keyes Company have been on an acquisitions tear as of late. Earlier this month, Compass closed on ICS Realty, a 20-agent brokerage in Aventura. Keyes’ Illustrated Properties also recently bought Palm Beach County Realty Group of Boynton Beach, marking the seventh firm the company has acquired over the past year.


Related Articles

arrow_forward_ios
Compass' Joe Azar (Credit: iStock)

Apartment leasing and sales agent joins Compass in Miami

From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

475 Biltmore Way, Somi Center with Douglas Mandel and Benjamin Silver

California investor searching for higher yield buys medical office building portfolio

La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Construction of downtown Hollywood high-rise may start soon

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein (Credit: Daily Beast | Getty)

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

South Florida firm buys Sunrise apartment complex for $20.2M

South Florida firm buys Sunrise apartment complex for $20.2M

arrow_forward_ios
Loading...