Related Group of Florida Named Southeast's 2015 Owner of the Year

In the wake of the Great Recession, Miami's still-hot condominium construction sector was one of the first few markets in the country to boom. When this second wave of luxury condo projects began taking off a few years ago, it took many people by surprise, who thought that the city's multifamily sector was still overbuilt from the previous boom.

Of course, not everyone was caught off-guard, including several South Florida residential developers, and especially Related Group of Florida. Long considered the region's most prominent condo developer—the company calls itself the "nation's leading builder of luxury condominiums"—Related is widely credited with leading this second wave of high-rise residential development, despite the fact that few construction loans were being provided for South Florida condo projects at the time.