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Related Companies pays $11M for Equinox retail condo at Brickell Heights

Brickell Heights Inset: Stephen Ross Related Companies just paid $10.9 million for the commercial space leased to Equinox Fitness at Related Group’s Brickell Heights, property records show. New York-based Related Cos., founded by Miami Dolphins’ owner and real estate developer… Continue Reading →

Related, Rockpoint pay off $160M construction loan for Brickell Heights

Brickell Heights and Jorge Perez The Related Group and Rockpoint Group satisfied their $160 million construction loan for Brickell Heights, property records show. Related broke ground on the two-tower, 690-unit condo development in late 2014, secured its $160.5 million mortgage… Continue Reading →

Brickell Heights commercial space sells to Miami Beach investors for $17.5M

Brickell Heights, Jon Paul Perez and Hernan Gleizer The Related Group sold three commercial units at Brickell Heights to a pair of Miami Beach investors for $17.5 million, property records show. Haim Yehezkel and Avi Dishi of 7441 Collins Avenue… Continue Reading →

Sign of the times: Related cancels Auberge Miami as condo market fizzles

Auberge sales center on Wednesday. Inset: Jorge Perez and Jon Paul Perez The Related Group has shut down its Auberge Residences & Spa Miami project and returned buyers’ deposits amid a sluggish condo market, sources told The Real Deal.  Related launched… Continue Reading →

Miami condo legend Jorge Perez to move aside for his sons

Jon Paul Perez, Jorge Perez and Nick Perez They’ve been groomed since they were children, and now the king is planning to leave his throne. Miami’s “Condo King” Jorge Perez, who’s had a prolific decades-long career as a real estate… Continue Reading →

Related’s Jorge Perez wants to flip his One Ocean PH for $20M

Related Group’s Jorge Perez and a rendering of One Ocean Jorge Perez wants to sell his penthouse at One Ocean in Miami Beach’s South-of-Fifth neighborhood for $20 million — more than quadruple his purchase price, The Real Deal has learned. Perez, chairman… Continue Reading →

Jarden co-founder buys unit at Related’s One Ocean: $6.4M

Rendering of One Ocean in Miami Beach The co-founder of the multibillion-dollar consumer products company Jarden has purchased a unit at One Ocean, a newly completed condominium in the South-of-Fifth neighborhood of Miami Beach.  Martin E. Franklin, executive chairman and co-founder… Continue Reading →

Marina portion of waterfront condo project opens

Marina Palms Yacht Club & Residences in North Miami Beach The developer of the Marina Palms Yacht Club & Residences, Related Group, opened the marina portion of the project in North Miami Beach. The Marina Palms Yacht Club at Biscayne… Continue Reading →

Related Group completes One Ocean, its eighth new condo project this cycle

Rendering of One Ocean A 10th new condo project — One Ocean — has been completed in the internationally known barrier island city of Miami Beach during this current South Florida real estate cycle that began in 2011. Developer sales… Continue Reading →

Buyer revealed: Related exec drops $6M on Miami Beach home

6902 Flamingo Drive and Steve Patterson The president and CEO of the Related Group’s development division has a new Miami Beach home. Related’s Steve W. Patterson and his wife, Carly Patterson, paid $6.2 million for the waterfront spec estate at… Continue Reading →

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