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March 25, 2013

Related Group, partners get $55M financing for Doral apartments

South Florida Business Journal by Oscar Pedro Musibay –  A Regions Bank-led group of lenders has provided more than $55 million in construction financing to a partnership that includes The Related Group for the 398-unit apartment community Park Square at Doral. Jorge Perez’s The Related Group in partnership with Prudential Real Estate Investors and Shoma…

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March 21, 2013

Staking a Claim in South America

New York Times By ALEXEI BARRIONUEVO – Related Brasil and a partner are building a mixed-use complex in the upscale Morumbi neighborhood of São Paulo. THE BUZZ IS LOUD these days about South Americans buying Miami and New York condos at a furious pace, helping to stoke high-end residential boomlets in those cities. But back home,…

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March 6, 2013

Will Venezuelan investment in S. Fla. change with Chávez's death?

South Florida Business Journal – by Oscar Pedro Musibay Hugo Chávez’s death Tuesday, coupled with the recent devaluation of the bolívar, could undermine the significant contribution Venezuelan investment has made to South Florida’s real estate market, according to one expert. Chávez’s death is a catalyst that could drive relocated Venezuelans to return home to help…