Jorge Perez's Related Group has opened an office in Dallas to explore opportunities for developing apartments in the U.S. Southwest, a new direction for the billionaire who's known as Miami's Condo King.The company hired Kevin Wisdom, previously an executive at Austin, Texas-based builder Aspen Heights Partners, to run the office as senior vice president of development. Wisdom will also evaluate investments in Las Vegas, Phoenix, Denver and major Texas markets."It's rental in the beginning, but if there's any condominium opportunities there, we will also exploit those," Perez said in an interview. Continue reading...
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