Florida East Coast Realty

What Florida East Coast Realty does

Florida East Coast Realty (FECR) is a privately held, family-owned real estate development, ownership, and management company headquartered in Miami's Brickell financial district. Founded in 1972 by Tibor Hollo, the company has developed, owned, and managed more than 60 million square feet of construction across residential, commercial, retail, hospitality, marina, government, and data-center asset classes. Its current operating portfolio includes landmark Miami towers such as Panorama Tower (821 units, 85 stories, currently Florida's tallest building at 868 feet), Opera Tower (635 units), Bay Parc Plaza (471 units), The Club at Brickell Bay (643 units), and the Class A 1101 Brickell office complex, with active expansion into Coral Gables, Hallandale Beach, Delray Beach, and Westchester County, NY (The Summit Club).

FECR operates as a full-cycle real estate business with revenue generated through one-time residential condominium and land lot sales, recurring rental income from stabilized residential and commercial properties, managed data-center services via the SOC 1 Type 2 certified Miami Data Vault, and land brokerage through a wholly owned subsidiary holding 7,000+ buildable lots across 57 Florida counties. The company sells and leases properties through internal leasing teams augmented by external commercial brokers including Colliers, CBRE, Savills, and Avison Young. It also has an active development pipeline featuring One Bayfront Plaza, a 1,049-foot Foster + Partners-designed mixed-use supertall, and a pivot toward build-to-rent multifamily product.

Leadership is concentrated in the Hollo family across three generations: Jerome Hollo as CEO, Wayne Hollo as President, and Austin Hollo as COO, following founder Tibor Hollo's death in May 2024. The company maintains no external institutional shareholders, no public listing, and operates with a lean corporate headcount while managing extensive assets through a subsidiary structure (TWJ 1101, Brickell Bay Plaza, 2020 Ponce, Northwestern Capital Corporation, Florida Land Brokerage).

Name

Florida East Coast Realty

Legal name

Florida East Coast Realty, LLC

Website

https://fecr.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Florida East Coast Realty (FECR) is a family-owned Miami-based real estate developer, owner, and manager founded in 1972, with 60M+ SF developed across luxury residential towers, Class A office, hospitality, marinas, and a Florida land bank of 7,000+ lots, serving high-net-worth residents, commercial tenants, and institutional buyers.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Real Estate (5311), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (53121), Rental and Leasing Services (532)

SIC

Real Estate (6500), Lessors Of Real Property, Nec (6519), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industry

Special Purpose & Alternative Asset Brokerage (BPAJABAH)

Keywords

• Real estate development
• Commercial property leasing
• Residential property management
• Mixed-use developments
• Land brokerage

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Property Sales: Sale of residential condominiums and commercial units developed by the company. Revenue recognized upon closing of sales transactions.
2. Property Leasing/Rental: Leasing of residential apartments and commercial office/retail space. Revenue recognized through rental income from tenants.
3. Data Center Services: Collocation and disaster recovery services through Miami Data Vault, providing technical infrastructure to clients.
4. Land Brokerage: Sale of land lots through Florida Land Brokerage, LLC, which holds one of the largest land banks in Florida with over 7,000 lots across 57 counties.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Florida East Coast Realty (FECR) develops, owns, and manages a diverse real estate portfolio encompassing luxury residential high-rises, Class AAA commercial office properties, mixed-use developments, hospitality assets, marinas, data center services, and land brokerage. The company sells and leases condominiums, apartments, office, and retail space across South Florida with additional holdings in New York and Las Vegas, and operates Florida Land Brokerage holding 7,000+ buildable lots across 57 Florida counties.

Product overview

Florida East Coast Realty (FECR) operates as a comprehensive real estate development and property management company with a diverse portfolio spanning residential towers, commercial office properties, mixed-use developments, hospitality, data center services, and land brokerage. The company's product portfolio includes luxury residential towers (Panorama Tower, Opera Tower, Bay Parc Plaza, Villa Majorca), commercial office properties (1101 Brickell, 2020 Ponce, Colonnade Plaza), mixed-use developments (One Bayfront Plaza under construction), hospitality properties (Biscayne Bay Marriott, Sea Isle Marina), specialized services (Miami Data Vault colocation, Florida Land Brokerage), and upcoming developments (Mikado, 44 Zamora, Gulfstream Point, 301 Delray). FECR's properties are primarily concentrated in South Florida (Miami, Coral Gables, Hallandale Beach, Delray Beach) with additional holdings in New York (The Summit Club, The Element, 20 East End) and Las Vegas (The Lennox, Rainbow Sunset Pavilion, Red Rock Business Center).

Differentiator

Problem solved

Functional benefit

Products and services

• 1101 Brickell Two glass-walled office towers in Miami's Brickell financial district offering approximately 300,000 square feet of flexible office space with state-of-the-art telecommunications as Brickell's first 'Smart Building.' Leased to corporate and government tenants.
• Panorama Tower 85-story, 821-unit luxury residential tower standing as the tallest building in Florida at 868 feet, featuring a 208-room hotel, high-end office/retail space, and a 2,000-car parking garage in its 19-story pedestal.
• Opera Tower 56-story, 635-unit luxury residential tower in Miami's Arts & Entertainment District with panoramic ocean-to-city views, dining/retail amenities, and resort-style pool and fitness facilities.
• One Bayfront Plaza Mixed-use development encompassing over three million square feet of premier Class AAA office space, luxury convention hotel, high-end residences, upscale retail mall, and parking garage, reaching 1,049 feet as Miami's tallest building.
• Colonnade Plaza Eight-story elegant office and residential building on Brickell Avenue featuring recently renovated common areas, floor-to-ceiling glass, nine-foot ceilings, and 96 corporate apartments managed by Sonder.
• 2020 Ponce 130,000 square foot premier office condominium in Coral Gables featuring state-of-the-art technology, 360-degree wraparound terraces, column-less floor plates, and prime retail/restaurant space.
• Villa Majorca Boutique 36-residence upscale residential community in Coral Gables with spacious two- and three-bedroom units, on-site management, private parking, and proximity to Miracle Mile.
• Mikado New residential tower in Miami's Arts & Entertainment District, the final phase of FECR's over 50-year development plan completing a land assemblage that began in 1968.
• 44 Zamora Seven-story apartment complex in Coral Gables featuring 96 one- and two-bedroom luxury rental units in approximately 100,000 square feet, with pool deck, fitness center, and social room.
• Gulfstream Point

Quantifiable outcome

• 60+ million square feet of construction completed over 60 years
• +2 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• CollierscoreChannel Partner/ Reseller/ Distributor · 1 January 2026Colliers was appointed to lead commercial leasing at Colonnade Plaza and The Club at Brickell Bay in January 2026. Colliers previously handled leasing at Panorama Tower.
• SavillscoreChannel Partner/ Reseller/ Distributor · 1 September 2024Savills was appointed as the sales team for 2020 Ponce in Coral Gables in September 2024.
• CBREcoreChannel Partner/ Reseller/ Distributor · 1 April 2022CBRE was hired to represent FECR's office towers starting in April 2022.
• Miami HeatcoreGTM or Marketing Partner · 1 February 2020Panorama Tower entered into a multi-year partnership with the Miami Heat in February 2020, providing visibility and brand association with Miami's NBA team.
• Foster + PartnersflagshipStrategic or Co-development Partner · 1 November 2016FECR partnered with internationally renowned architecture firm Foster + Partners for the design of One Bayfront Plaza, Miami's future tallest building. The partnership was announced in November 2016 to create a global landmark development of contemporary modern design encompassing over three million square feet.
• Avison YoungminorChannel Partner/ Reseller/ Distributor · 1 September 2015Avison Young was previously appointed for sales and leasing at Colonnade Plaza in 2015.
• Frank McCourt / MG Properties / Corigin Real Estate GroupflagshipStrategic or Co-development Partner · 1 November 2014In November 2014, FECR partnered with Frank McCourt, MG Properties, and Corigin Real Estate Group for the development of major Miami projects including the former Grand Avenue project and other developments.
• Florida International University (FIU)flagshipStrategic or Co-development Partner · 1 September 2012In 2012, the Tibor & Sheila Hollo Foundation partnered with FIU to create the Tibor and Sheila Hollo School of Real Estate in the College of Business, which has become the leading graduate degree program of its kind in the nation.
• HealthCorpscoreStrategic or Co-development Partner · 1 January 2011The Tibor & Sheila Hollo Charitable Foundation has donated $75,000 annually for six consecutive years to bring the HealthCorps program to Miami-Dade County high schools. HealthCorps is a non-profit founded by Dr. Mehmet Oz to educate high school students on nutrition, fitness, and mental resilience.
• Miami Data Vault Technology PartnerscoreTechnology or IntegrationMiami Data Vault is home to some of the nation's most renowned providers of technical services, providing collocation and disaster recovery to various technology firms.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Related Group: One of the largest Miami-focused condominium and luxury residential developers, with deep Brickell and South Florida exposure. Closest direct competitor to FECR in luxury high-rise condo development in Miami's urban core.
• Swire Properties: Developer of Brickell City Centre and other major Miami mixed-use projects. Competes head-to-head with FECR for premium Brickell real estate and large-scale mixed-use development opportunities.
• Terra Group: Long-standing Miami-based developer of luxury residential, commercial, and mixed-use properties including projects in Brickell and Coconut Grove. Direct competitor in the same Miami submarkets as FECR.
• Fortune International Group: Miami-based luxury condominium developer operating in Brickell, Sunny Isles Beach, and surrounding markets. Direct peer in the Miami luxury high-rise residential category.
• PMG (Property Markets Group): Miami-focused luxury condominium developer active in Brickell, Edgewater, and downtown Miami. Closely comparable in scale, target customer (luxury high-rise buyers), and submarket focus.
• Crescent Heights: National luxury residential high-rise developer with a strong Miami portfolio. Direct peer in luxury urban high-rise condominium development, particularly in South Florida markets.
• Adler Group: Miami-based real estate developer with multi-family and mixed-use projects in South Florida. Comparable in operating geography, asset class mix, and mid-to-large scale development focus.

Broad incumbents

• Lennar Corporation: One of the largest U.S. homebuilders with substantial South Florida operations spanning single-family, townhomes, and condos. Overlaps with FECR on Florida residential development but at much greater scale and broader geographic reach.
• Toll Brothers: National luxury homebuilder with active Florida presence. Comparable on luxury residential end-market positioning but operates a national, publicly-traded platform versus FECR's regional, private, vertically-integrated approach.
• Starwood Capital Group: Miami-headquartered global real estate investment firm active across development, debt, and equity. Adjacent incumbent that competes for major South Florida real estate opportunities and could be a partner, buyer, or seller to FECR.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/florida-east-coast-realty

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries5 records

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 Florida East Coast Realty