Tag Archive: Related Group

Related Group Goes Into Contraction Mode

Perez (This story, in slightly different form, originally appeared in ALM’s Daily Business Review.)MIAMI-In the latest sign of Jorge Perez’s downsizing, his Related Group is no longer a partner in the Trump Towers luxury condo in Sunny Isles Beach. “We have no comment other than to confirm we have satisfied The Related Group’s lender obligations, and…

Banks circling Miami’s ICON Brickell condos – Real Estate News – MiamiHerald.com

The fate of the $1 billion ICON Brickell will be settled in about 30 days. Who will ultimately become the owner is still to be decided. BY MONICA HATCHER MHATCHER@MIAMIHERALD.COM Speculation is intensifying about the fate of the ICON Brickell condominium, the $1 billion crown jewel of Miami condo developer Jorge Perez. Perez, chairman and…