“My father almost lost the company”: Nick Pérez, David Martin on offsetting risks

Diversification and relationships with lenders and the public sector are more important than ever, amid the risks and challenges of South Florida’s real estate market, executives from Related Group and Terra say. “We got caught with all of our eggs in one basket in 2008, where we were 100 percent condos,” Nick Pérez said. “My father almost lost the company.” Pérez said the family business bounced back by expanding into multifamily and affordable housing. He spoke during a panel with Terra’s David Martin at The Real Deal’s Miami Real Estate Forum, moderated by TRD’s CEO and Editor-in-Chief Stuart Elliott. From […]

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