Miami has become one of the hottest real estate markets in the US, attracting investors worldwide. As a major city in Florida, Miami is an international hub known for its vibrant culture, beautiful beaches, and growing industries. Investing in Miami real estate can generate high returns due to strong demand and price appreciation. This article explores the top real estate companies actively investing in Miami real estate across various sectors like residential, commercial, hospitality, and mixed-use developments.
The Fontainebleau Miami Beach – Turnberry Associates transformed an iconic hotel
Turnberry Associates is a leading real estate development company in Miami. Their landmark project is the Fontainebleau Miami Beach, a legendary hotel originally built in 1954. Turnberry acquired the property in 2005 and spent $1 billion transforming it into one of Miami Beach’s most high-end resorts. The renovated Fontainebleau has over 1500 rooms and suites, 12 restaurants and bars, over 300,000 square feet of meeting space, spas, pools, boutiques, and other luxury amenities. Turnberry has continued expanding the Fontainebleau with new towers, restaurants, and the renovation of the Chateau building. The Fontainebleau is a testament to Turnberry’s capabilities in hospitality and transforming iconic real estate.
Crescent Heights – High-end condos reshaping Miami’s skyline
Crescent Heights has made its mark across Miami’s skyline with luxury residential towers. Founded by Russell Galbut and Bruce Menin, it focuses on developing high-end condominiums and apartments. Crescent Heights’ projects include the glass-facaded Ten Museum Park, the 57-story Marina Blue, and iconic Paramount Miami Worldcenter. The company owns over $2 billion of property in Miami and has another $4 billion in development. Crescent Heights collaborates with world-renowned architects like Zaha Hadid, keeping its buildings at the forefront of design. For investors and residents seeking luxury living, Crescent Heights has redefined Miami’s condo market.
The Related Group – Miami’s leading condo developer
Founded by Jorge Pérez, The Related Group is Miami’s preeminent developer of condominiums and apartments. Related has delivered over 100,000 residences across South Florida since 1979. The company focuses on developing condos across a wide range of price points, from affordable rents to ultra-luxury towers. Related’s impressive portfolio includes Icon Brickell, My Brickell, Park Grove, and Auberge Residences & Spa. The company also collaborates with celebrity designers and brands to create unique living spaces. Related continues dominating South Florida’s residential market while contributing iconic landmarks like the Paramount Miami Worldcenter.
Miami’s sizzling real estate market has attracted copious investment from developers. Turnberry Associates, Crescent Heights, and The Related Group are leaders in transforming Miami’s skyline and neighborhoods through their residential, hospitality, and mixed-use projects. For both investors and end-users, these companies are delivering some of the most luxurious and sought-after properties in the region, backed by strong demand fundamentals.