A few years after losing $1 billion in the real-estate crash, Jorge Pérez and his Related Group of Florida are planting seeds for new projects near the felled stumps of the old.
In the Journal earlier this week, we profiled Mr. Pérez , the “condo king of Miami” who, despite losing two of his trophy buildings, the Icon Brickell and the Trump Hollywood, could be on the rebound.
During the condo boom of the last decade, Related was Miami’s most prolific developer of condos, putting up more than 15,000 and tallying a few banner sales years, including 2007, when the company hawked more than $1.5 billion in real estate.
via Is the Condo Revival in Miami the Real Thing? – Developments – WSJ.