Miami, Florida has emerged as a hotspot for real estate investment in recent years. Several factors make Miami an attractive market, including a business-friendly environment, no state income tax, tourism growth, and foreign capital inflows. As a result, many real estate investment firms have established a presence in Miami to capitalize on these tailwinds. This article provides an overview of major real estate investment companies actively investing in Miami Florida.
Crescent Heights – Leading High-End Condo Developer
Crescent Heights is one of the top luxury condominium developers in Miami and across the U.S. Founded by Russell Galbut and Bruce Menin, the company has developed over 30,000 high-end condo units since its founding in 1989. In Miami, Crescent Heights is best known for developments like Ten Museum Park, Mirador, and the Bath Club. The company owns a large portfolio of development sites in Miami, signaling continued aggressive growth plans for the market’s high-end, housing sector.
Related Group – Prolific Market-Rate Developer
Founded by Jorge Perez, Related Group is Miami’s largest real estate developer. The company has developed and managed over 100,000 apartments and condominium units in Miami over its 40+ year history. Related Group focuses on developing market-rate condominiums and apartments across Miami, with many projects featuring striking architectural designs. Recent Related Group projects in Miami include Paraiso Bayviews, Paraiso Bay, and Gran Paraiso.
Greystone – Real Estate Investment Firm
Greystone is a leading real estate lending, investment, and advisory company. The firm provides a range of services including lending, investment sales, debt & equity financing, and loan servicing. Greystone has over $800 million of assets under management, including a real estate debt fund focused on Miami multifamily lending. The firm’s strong capital base allows it to fund large real estate transactions in Miami and across the U.S.
Berkadia – Major Commercial Property Lender
Berkadia is one of the largest commercial real estate finance companies in the U.S. Backed by Berkshire Hathaway and Jefferies Financial Group, Berkadia has a lending capacity exceeding $30 billion. The lender has been highly active in Miami, providing acquisition, construction and permanent loans for commercial real estate including office, retail, industrial and multi-family. Berkadia’s scale and access to capital allow it fund large commercial real estate transactions.
East End Capital – Value-Add Investor
East End Capital is a value-add real estate investment firm focused on office and retail assets. Founded by Jonathon Yormak and Jake Crane, the company targets under-managed and thinly-traded properties in growth markets like Miami. East End then executes operational improvements and leasing initiatives to unlock value. Since 2010, East End has acquired over $3 billion of real estate across the U.S.
In summary, major real estate investment players in Miami include developers like Crescent Heights and Related Group, as well as institutional investors such as Greystone and Berkadia. Several factors underpin the surge in investment activity, but Miami’s dynamic, high-growth market is the main draw.