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The Related Group
Jorge M. Pérez founded The Related Group in 1979, building over $50B in real estate projects across luxury condos, rentals, and affordable housing.
The Related Group
Jorge M. Pérez started The Related Group in Miami in 1979 after a career in public housing finance. The firm has since built more than 100,000 residences and says its developments total over $50 billion in value (per firm website). Pérez and his sons Jon Paul and Nick hold executive roles, while Adolfo Henriques serves as Vice Chairman. The firm pursues real estate development across five segments: luxury condominiums, market-rate rentals, affordable housing, mixed-use projects, and international ventures. Related Group partners with architects and designers including Philippe Starck, Karim Rashid, and Rem Koolhaas (per firm website). It operates through divisions including Related Development (multifamily rentals led by Steve Patterson), Related Urban Development Group (affordable housing led by Alberto Milo Jr.), and its condominium group led by Nick Pérez. The company also provides construction management via Fortune Construction and property management through TRG Management. Related Group maintains offices in over a dozen US cities including New York, Chicago, Santa Monica, and Dallas, plus an office in Richardson, Texas. The firm claims a development pipeline of 100,000 residential units. In early 2025, Related Group completed the largest concrete pour in its history at Baccarat Residences Miami, a joint venture with GTIS Partners (per firm website, 2025). The Pérez family also runs the Related Philanthropic Foundation and the Perez Family Philanthropic Foundation, which have collectively distributed more than $300 million since 2015 (per firm website). Unlike pure-play real estate investment firms, Related Group is an operating developer that controls the full development lifecycle — from land acquisition and design through construction, sales, and property management. The firm is structured around the Pérez family, with Jorge's sons Jon Paul and Nick taking increasingly public roles in day-to-day operations, signaling a planned succession.
General information
Firm type
Single Family Office
Year founded
1979
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Miami
Corporate office
Miami, FL, United States
Additional offices
Richardson · New York · Miami Beach · Arlington · Chicago · Santa Monica · Palo Alto · Conshohocken
Principals
Jorge M. Pérez
Founder, Chairman and CEO
Jon Paul 'JP' Pérez
President
Nick Pérez
President of Condominium Development
Adolfo Henriques
Vice Chairman
Matt Allen
Chief Operating Officer
Steve Patterson
President, Related Development
Alberto Milo Jr.
President, Related Urban Development Group
Sector focus
Frequently asked questions
Who runs investment decisions at The Related Group?
Jorge M. Pérez serves as Founder, Chairman, and CEO, overseeing all strategic direction. His sons Jon Paul Pérez (President) and Nick Pérez (President of Condominium Development) handle day-to-day development operations. Adolfo Henriques acts as Vice Chairman, and Matt Allen runs corporate finance and operations as COO.
Is The Related Group structured as a single family office or a real estate operating company?
The Related Group is primarily a real estate development operating company owned and controlled by the Pérez family. It has a family office structure in that the family holds equity in the firm and its projects, but it does not operate a separate investment vehicle; instead, the firm deploys family and partner capital directly into its development pipeline.
What investment stages does The Related Group typically target?
The Related Group focuses on the development stage: land acquisition, entitlements, design, construction, and sales of residential real estate. It does not typically act as a passive LP or equity investor in third-party funds; its activity is project-level development, often in joint ventures with capital partners.
Which sectors does The Related Group explicitly avoid?
The Related Group does not invest in public equities, fixed income, hedge funds, venture capital, or private credit. Its activity is concentrated entirely on residential real estate development — luxury condos, market-rate rentals, mixed-use, and affordable housing.
How is The Related Group related to Related Companies of New York?
They are separate entities with a shared founding history — both were co-founded by Stephen Ross (Related Companies) and Jorge M. Pérez (Related Group). The Related Group is a privately held, family-owned firm based in Miami; Related Companies of New York is a separate firm. However, Jon Paul Pérez and Nick Pérez both worked at Related Companies earlier in their careers (per firm website).
Does The Related Group maintain philanthropic structures, and how are they separated?
Yes. The Related Group operates the Related Philanthropic Foundation and the Pérez family runs the Perez Family Philanthropic Foundation. According to the firm, the foundations have disbursed over $300 million since 2015, including to arts institutions like the Pérez Art Museum Miami and to social services like Big Brothers Big Sisters of Miami.
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