Jorge Pérez (left), J.P. Pérez (top right) and Nick Pérez.
Jorge Pérez, J.P. Pérez and Nick Pérez
Founding executive chairman; president and CEO; president of condominium division at Related Group
Last year's rank: 47
Florida’s largest condo builder isn’t slowing down anytime soon.
Related Group, helmed by Jorge Pérez and his sons Jon Paul and Nicholas, secured approximately $2.3 billion in construction financing in the past year alone for its luxury residential developments across the Sunshine State.
In 2024 and 2025, Related launched sales at five new developments, including the St. Regis Resort & Residences Bahia Mar in Fort Lauderdale, the W Pompano Beach Hotel & Residences between Palm Beach and Miami, and the Ritz-Carlton Residences West Palm Beach.
The developer also broke ground on six residential projects now under construction, including the Waldorf Astoria Residences Pompano Beach, the Rosewood Residences Hillsboro Beach and the Andare Residences by Pininfarina in Fort Lauderdale.
The 163-unit Andare is almost 60 percent sold at about $1,300 per square foot, and offers residents easy access to Fort Lauderdale’s Financial District, with shopping, restaurants and nightlife, J.P. Pérez said. “We’re in full active sales mode,” he said. “We have products in all stages. The focus is really on the existing portfolio and buying new sites that we think are good sites. We really just have a lot going on.”
Related also has a lot of ongoing projects on the affordable side. In addition to roughly 2,000 affordable units in the pipeline between Tampa and Miami-Dade County, the firm just completed its 31st affordable project with Miami-Dade County, representing nearly $2 billion in investment.
The latest project is a mixed-income apartment building in Miami’s Brickell neighborhood with 500 units — 60 percent of which are market-rate and 40 percent of which are a range of low-income to workforce housing. “We’re mixing affordable, workforce and market all in one building, and it’s been actually extremely successful as far as the lease-up is going,” J.P. said.
As for who’s buying condos in Florida right now, J.P. said it’s still a relatively even split between international buyers from South America and domestic buyers from the Northeast.
