What Rilea Group does

Rilea Group is a Miami-based, privately held real estate development company founded in 1981 that develops, owns, and manages residential, office, and retail properties across South Florida. The company operates two business lines: (1) proprietary development of owned projects spanning multifamily rental and condominium towers (e.g., One Broadway, The Bond, Monte Carlo, Mohawk at Wynwood), single-family communities (Dawn, Medici Estates), Class A office buildings (1450 Brickell, Sabadell Financial Center, Santander Tower under development), and retained retail shopping centers; and (2) third-party fee development, project management, and full-service property management for institutional clients, investors, and property owners. Revenue is generated primarily through development fees (calculated as a percentage of total project expenses) and sales fees (percentage of project revenue) on third-party mandates, supplemented by property management fees and rental income from retained assets.

The company differentiates itself through 45+ years of continuous South Florida operating history, deep institutional relationships with lenders (Nuveen Green Capital, ABANCA USA), contractors (Coastal Construction across six high-rise projects), and capital partners (Euroamerican Group, Key International, Santander Bank). Operational technology is limited to Yardi Systems cloud-based accounting software enabling real-time financial transparency for property owners during development and management. The company holds certifications including the first LEED Gold office building in South Florida (1450 Brickell, 2010) and targets LEED Platinum on Santander Tower. Go-to-market is enterprise field sales led by President Diego Ojeda, targeting real estate investors, sponsors, banks, and property owners seeking South Florida execution capabilities. The firm employs 51–100 people and operates a single headquarter office at 1200 Brickell Avenue, Miami.

Name

Rilea Group

Legal name

Rilea Group

Website

https://www.rileagroup.com/

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

Rilea Group specialized in Real Estate Development, Property Management, Leasing, and Marketing and Sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fee Development & Project Management Services: Rilea Group acts as project manager and fee developer for third-party investors and sponsors, managing the entire development process from land acquisition through construction and exit, in exchange for a development fee calculated as a percentage of total project expenses and a sales fee based on project revenue.
2. Property Management Services: Rilea Property Management provides full-service, turnkey property management solutions, supervising day-to-day operations including maintenance, leasing, accounting, and reporting for third-party property owners.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Rilea Group develops, owns, and manages residential, office, and retail real estate in South Florida. In parallel, the firm provides fee-based development oversight and property management services to third-party investors, sponsors, and lenders, charging a percentage of project expenses during construction and a percentage of project revenues upon sell-out.

Product overview

Rilea Group is a Miami-based real estate development company operating since 1981 with a diverse portfolio of residential, office, and retail properties across South Florida. The company operates through two primary divisions: proprietary development of owned projects and fee development/project management services for third-party clients. The residential portfolio spans multi-family rental apartments (including luxury towers like One Broadway, Monte Carlo, and The Bond; garden-style communities like Vista Verde; and planned developments like Mohawk at Wynwood and Mangrove at Dania Beach), single-family home communities (Dawn, Medici Estates), and future projects (Santa Luciaville, Atlantic Voyager). The office portfolio includes Class A buildings (1450 Brickell, Sabadell Financial Center, IFB Headquarters, Forum Aventura) and the upcoming Santander Tower. The retail portfolio includes three shopping centers (University, Rainbow, Latin American Plaza). The company's third-party services include fee development/project management and full-service property management.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Delivered the first LEED Gold certified office building in South Florida (1450 Brickell)
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered notable, core and minor.

• Pitbull (Armando Christian Pérez) / Mr. 305notableStrategic or Co-development Partner · 8 March 2026Rilea Group was selected by Pitbull to develop an eight-story, 11,200 SF headquarters for his Mr. 305 music company at 25 NE 28th Street in Wynwood. This is a co-development partnership where Rilea handles the real estate development while Pitbull provides the project vision and brand. Diego Ojeda of Rilea Group is the development partner.
• Coastal ConstructioncoreImplementation/ SI/ Consulting Partner · 3 January 2026Coastal Construction serves as the general contractor for Mohawk at Wynwood, marking Rilea Group's sixth high-rise project with the firm. Coastal Construction has been Rilea's primary construction partner across multiple projects including 1450 Brickell, Monte Carlo, The Bond, and others.
• Santander Bank / Services and Promotions LLCcoreStrategic or Co-development Partner · 17 April 2025Rilea Group serves as project coordinator for the Santander Tower development at 1401 Brickell Ave — a 41-story, approximately 1.6 million SF Class A office tower being developed for Santander Bank. The project involves demolition of an existing 14-story building and construction of a new tower targeting LEED Platinum certification.
• CiprésminorStrategic or Co-development Partner · 22 January 2025Ciprés is developing Santa Luciaville, a 324-unit garden-style multifamily rental community in Port St. Lucie, Florida, with advisory services provided by Rilea Group. Construction is planned to start Q2 2026.
• Euroamerican GroupcoreStrategic or Co-development PartnerEuroamerican Group has commissioned Rilea Group for multiple projects including Monte Carlo (Miami Beach) and co-develops The Line (Dadeland) and other projects. This is a longstanding partnership where Euroamerican serves as the commissioning party/developer and Rilea as the fee developer.
• Key InternationalnotableStrategic or Co-development PartnerKey International co-developed Green Key (Pembroke Pines) with Rilea Group — a 250-unit multifamily rental community that has since been sold.
• MDR Toledo, LLCnotableStrategic or Co-development PartnerMDR Toledo, LLC co-developed The Bond (328-unit condo tower at 1080 Brickell Ave) with Rilea Group. The project was sold.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Related Group: Major Miami-based real estate developer with a multifamily, mixed-use, and condo focus across South Florida. Directly comparable to Rilea Group for ground-up residential and mixed-use development in the same geographic market, including Miami-Dade and Broward submarkets.
• Mast Capital: Miami-based real estate investment and development firm focused on luxury multifamily and mixed-use projects in South Florida. Directly comparable to Rilea Group in product type (urban infill luxury multifamily), target submarkets (Brickell, Wynwood, Edgewater), and sponsor-driven co-development model.
• Terra (Terra Group): Miami-based real estate developer with deep South Florida multifamily, office, and hospitality experience. Directly comparable to Rilea Group for Class A office and luxury residential ground-up development across Miami-Dade, including major Brickell-area projects.
• Property Markets Group (PMG): Miami-based real estate developer focused on luxury multifamily and mixed-use product. Directly comparable to Rilea Group for ground-up urban multifamily development in South Florida, frequently targeting the same Brickell and Edgewater submarkets with similar unit counts and amenity profiles.
• Tricera Holdings: Florida-focused real estate developer and investor active in multifamily and mixed-use projects across the state. Comparable to Rilea Group for similar product mix (garden-style and mid-rise multifamily) and adjacency into emerging Florida MSAs beyond Miami-Dade, including Port St. Lucie and Tampa.
• Key International: South Florida real estate developer and investor with multifamily and mixed-use focus. Directly comparable to Rilea Group as a co-development partner (e.g., Green Key) and as a competing Florida-based ground-up developer in similar submarkets and price points.

Broad incumbents

• The Related Companies: Nationally diversified real estate developer of multifamily, mixed-use, and office at far larger scale. Comparable as a broader incumbent operating in South Florida with overlapping Class A office and large-format multifamily capabilities, though portfolio spans additional geographies and asset classes beyond Rilea's footprint.
• Swire Properties: Hong Kong-based developer with a major U.S. presence centered on Brickell City Centre and surrounding Brickell projects. Comparable to Rilea Group for Class A office and high-rise multifamily in the same Brickell submarket, though Swire operates at meaningfully larger scale and across additional U.S. markets.
• Lennar Multifamily Communities (LMC): Division of Lennar Corporation focused on multifamily rental development nationally. Comparable to Rilea Group for institutional multifamily rental product and developer-led sponsor relationships, though LMC operates at national scale with programmatic capital access Rilea lacks.

Others

• Coastal Construction: South Florida general contractor that serves as Rilea's primary construction partner across multiple projects. Comparable not as a competitor but as the dominant implementation counterpart enabling Rilea's high-rise execution, making their relationship a critical ecosystem dependency for Rilea's pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rilea-group/about

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors2 records

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 Rilea Group