The Astor Companies

What The Astor Companies does

The Astor Companies is a private, founder-owned full-service real estate development firm established in 2002 by Henry Torres and headquartered at 21 Almeria Avenue, Suite A in Coral Gables, Florida. The firm develops luxury condominiums, attainable rental housing, workforce housing, and commercial build-to-suit projects across Florida, Georgia, and Louisiana, with a delivered portfolio of more than 1,100 condominiums and approximately 500 rental apartments. Project work spans Miami-Dade submarkets including Coral Gables, The Roads, South Miami, Little Havana, and Coconut Grove, and more recently has extended to Fort Myers through a partnership with JAXI Builders on the ONE Fort Myers project.

The company's business model centers on identifying infill or neighborhood-pioneering sites in South Florida, securing entitlements, developing the project under a "one project at a time" boutique operating philosophy, and operating stabilized rental assets through an in-house property management division. The product mix spans for-sale luxury condos (Merrick Manor, Nordica, Valencia, Brickell Vista), attainable and workforce rental housing under the Enclave brand (Douglas Enclave, Havana Enclave), and selective commercial build-to-suit work (including a project for Navarro Discount Pharmacy). Revenue is generated from condominium sell-through, rental NOI from the stabilized apartment portfolio, and commercial tenant build-to-suit fees. The firm is private and does not disclose financials, headcount, or capital structure.

Name

The Astor Companies

Legal name

The Astor Companies

Website

https://astorcompanies.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

The Astor Companies is a Coral Gables-based, founder-owned real estate developer founded in 2002 that builds luxury condominiums, attainable and workforce rental housing, and commercial build-to-suit projects across Florida, Georgia, and Louisiana, with in-house property management.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

Keywords

• Real estate development
• Luxury condominiums
• Rental apartments
• Workforce housing
• South Florida properties

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Condominium Sales: The company develops and sells luxury and attainable condominiums in South Florida neighborhoods. Projects include Merrick Manor (227 residences), Nordica (128 residences), Valencia (301 residences), InTown (312 units), Gateway to the Grove (60 residences), Brickell Vista, and ONE Fort Myers (34 units).
2. Rental Apartments: The company develops and manages rental apartment complexes. Portfolio includes nearly 500 rental apartments developed across Florida, Georgia, and Louisiana. Current projects include Havana Enclave (179-unit attainable rental) and Douglas Enclave (199-unit affordable/workforce housing).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

The Astor Companies is a full-service real estate developer founded in 2002 by Henry Torres and headquartered in Coral Gables, Florida. The company develops, sells, and rents residential real estate, including luxury condominiums, attainable rental housing, and workforce housing, with a primary focus on South Florida neighborhoods. Its portfolio spans more than 1,100 condominiums and nearly 500 rental apartments across Florida, Georgia, and Louisiana.

Product overview

The Astor Companies is a full-service real estate development firm that operates a portfolio of residential projects across Florida, Georgia, and Louisiana. The company develops various property types including luxury condominiums, attainable rental housing, workforce housing, and commercial build-to-suit projects. Their portfolio includes luxury buildings such as Merrick Manor (227 residences) and Nordica (128 residences), attainable housing projects like Douglas Enclave (199 units) and Havana Enclave (179 units), boutique condominiums such as Brickell Vista, and mixed-use properties like Gateway to the Grove. The company has developed more than 1,100 condominiums and nearly 500 rental apartments in total, with projects spanning from South Florida neighborhoods like Little Havana, Coconut Grove, and Coral Gables to Florida's West Coast (Fort Myers).

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Condominiums

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• JAXI BuilderscoreStrategic or Co-development PartnerJAXI Builders is partnered with Astor for the development of ONE Fort Myers, a luxurious 34-unit boutique condominium project in the Downtown River District of Fort Myers, Florida. JAXI Builders serves as the construction/development partner for this waterfront building project.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Related Group: Related Group is one of the largest luxury condominium developers in South Florida, with projects in Miami neighborhoods including Brickell, Edgewater, and Sunny Isles Beach. It directly competes with Astor's luxury residential focus and serves the same affluent buyer demographic in similar geographies.
• Terra Group: Terra Group is a Miami-based real estate developer with luxury residential and mixed-use projects including Brickell Flatiron and Park Grove. It is directly comparable to Astor's South Florida luxury condo and high-end residential focus.
• Fortune International Group: Fortune International Group is a Miami-based luxury condo developer with projects in Brickell, Edgewater, and Sunny Isles, including Jade Signature and The Ritz-Carlton Residences. It is directly comparable to Astor's luxury South Florida residential portfolio and target buyer.
• Mast Capital: Mast Capital is a Miami-based real estate investment and development firm focused on luxury residential and mixed-use projects in South Florida, including Slattery Street and SoLē Mia. It is directly comparable to Astor's luxury condo and mixed-use portfolio.
• Two Roads Development: Two Roads Development is a Miami-based real estate developer with residential and mixed-use projects in South Florida, comparable in scale and neighborhood focus to Astor's residential development approach.
• The NRP Group: The NRP Group is a national multifamily developer with a strong Florida presence, including workforce and affordable housing projects. It is directly comparable to Astor's attainable and workforce rental segment (Havana Enclave, Douglas Enclave).
• Property Markets Group: Property Markets Group (PMG) is a Miami-based developer of luxury condominium and multifamily properties, including projects in Miami's Design District and South Beach. It is directly comparable to Astor's residential development focus and South Florida geographic footprint.

Broad incumbents

• Lennar Corporation: Lennar is one of the largest US homebuilders with significant Florida operations, including multifamily and condo development. While broader in scope and much larger, it is a major competitor in the South Florida residential market and a benchmark for capital scale.
• Swire Properties: Swire Properties is a Hong Kong-based developer with major Miami presence including Brickell City Centre and luxury residential projects. Its Miami luxury residential and mixed-use projects overlap with Astor's South Florida focus.
• LMC: LMC is a Lennar Company focused on multifamily rental development across the US, with multiple Florida projects. Comparable to Astor's rental apartment segment at significantly larger scale with institutional capital backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/astorcompanies
• Facebookfacebook.com/theastorcompanies
• LinkedInlinkedin.com/company/astor-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Astor Companies