Pordes Residential
- Company typePrivate
- Founded2009
- HeadquartersAventura, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Pordes Residential firmographics
Firmographics- Name
- Pordes Residential
- Website
- https://pordesresidential.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Pordes Residential industry classification
Industry- Product category
- Luxury Residential Real Estate Sales & Marketing
- akta.pro primary industry
- New Development / Declarant Transition Management (BPAJAHAK)
- akta.pro secondary industry
- Condominium Association Management (BPAJAHAA)
Keywords
Where Pordes Residential is headquartered
LocationHeadquarters
- HQ city
- Aventura
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Pordes Residential business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Development Sales & Marketing Services: The firm earns commissions for representing developers in the sale of luxury condominiums, condo hotels, and residential projects. Services span pre-development through close-out phases.
- Acquisition & Repositioning: Pordes identifies undervalued and distressed condo units, acquires them, rebrands and remarkets to maximize resale value. The firm has generated IRR averaging 28% to 39% for capital partners within 1-4 year timelines.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Luxury branded residences ranging from entry-level to ultra-luxury penthouses |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Pordes Residential product offering
Product offeringCore offering
Pordes Residential provides full-service development sales and marketing for luxury and branded condominium projects, from pre-development market research and product positioning through launch, sales center operations, and close-out. It separately acquires, rebrands, and resells undervalued or distressed condominium units for capital partners, generating IRRs averaging 28% to 39% within 1–4 year timelines. Its current portfolio includes St. Regis, Bentley, Waldorf Astoria, Ritz-Carlton, and other branded residences in Florida and Las Vegas.
Product overview
Pordes Residential is a luxury real estate sales and marketing firm specializing in the pre-construction, branding, and sellout of high-end residential projects. The company operates a portfolio of luxury branded condominiums including St. Regis Residences (Sunny Isles and Miami), Bentley Residences, Five Park, Waldorf Astoria Residences, The Ritz-Carlton Residences Tampa, The Elser Hotel & Residences, and One Park Tower. Beyond new development sales, the firm offers Pordes Acquisitions services for identifying and repositioning undervalued condo assets, and provides comprehensive Development Sales & Marketing services spanning pre-development through close-out. With over 30 years of experience and over $3 billion in residential units sold, the company serves developers, lenders, and private equity firms across Florida, Las Vegas, and the Caribbean.
Differentiator
Problem solved
Functional benefit
Products and services
- St. Regis Residences, Sunny Isles A luxury branded condominium development along 435 linear feet of pristine beach in Sunny Isles Beach, Miami, featuring signature St. Regis service and rituals, with residences priced from $4.2M to $38M.
- St. Regis Residences, Miami Elegant branded residences along South Brickell in Downtown Miami targeting buyers driven by connoisseurship and individuality, priced from $1.5M to $25M.
- Bentley Residences The first residential offering by Bentley, located in the tallest residential tower on the U.S. coastline in Sunny Isles Beach, Florida, with residences priced from $8.3M to $14.6M.
- Five Park Miami Beach's tallest residential building paired with an expansive three-acre public park and retail inclusion, priced from $3M to $20M.
- Waldorf Astoria Residences, Downtown Miami Exclusive branded residences within the Waldorf Astoria legacy in Downtown Miami, with views and extraordinary architecture, priced from $3.7M to $9.4M.
- The Ritz-Carlton Residences, Tampa Sophisticated bayfront branded residences soaring above Bayshore Boulevard in Tampa, offering exemplar design and access to Ritz-Carlton services, priced from $1.5M to $6.6M.
- The Elser Hotel & Residences A hotel and residence combination in Downtown Miami designed for travelers seeking authentic experiences with engaging design and flexible food and beverage models, priced from $730K to $1.5M.
- One Park Tower A 32-story luxury condominium within the 184-acre SoLé Mia master-planned community in Aventura, FL, featuring 303 residences overlooking a seven-acre Crystal Lagoon, priced from $730K to $1.9M.
- Pordes Acquisitions Acquisition and repositioning service for undervalued and distressed off-market condo units; the firm rebrands and remarkets them to maximize resale value, delivering IRRs averaging 28% to 39% within 1–4 year timelines for capital partners.
- Development Sales & Marketing Services Full-service development sales and marketing covering pre-development (site acquisitions, zoning, market research, product positioning), launch (pricing, sales center operations, marketing, PR), and close-out (customer service, walkthroughs, closings).
Quantifiable outcome
- IRR averaging 28% to 39% within 1 to 4 year timeline for capital partners
- +3 more outcomes
Companies that use Pordes Residential
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Pordes Residential technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pordes Residential partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Milborne GroupcoreStrategic partnership between Pordes Residential and Milborne Group (Toronto) to market Florida luxury real estate to Canadian condo buyers. Milborne Group is Canada's largest new condominium broker with over 100,000 units sold in 40+ years.
- Château GroupminorDeveloper partner for luxury projects including Fendi Chateau Residences in Miami.
- Fortune International GroupminorDeveloper partner for luxury Ritz-Carlton and Fendi projects in Miami.
- Simply VegasminorJim Navarro of Simply Vegas represented the joint venture in the Veer Towers transaction.
- Forbes Global PropertiesminorPordes Residential connects clients with Forbes Global Properties partners for properties outside of Florida.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Pordes Residential competitors and assessment
Company assessmentDirect peers
- Compass Development Marketing Group: Compass's development marketing group provides new-condo sales and marketing services for branded luxury projects nationally, including South Florida; it pursues the same developer mandates, marketing budgets, and on-site sales gallery engagements as Pordes.
- Fortune International Group: Fortune International is a Miami-based luxury condo developer and broker actively delivering Ritz-Carlton and Fendi-branded projects; though listed as a Pordes partner, it is also a competitor in selling its own and competing South Florida luxury inventory.
- The Agency: The Agency is a luxury-focused global real estate brokerage with new-development sales capabilities and a strong South Florida presence; it targets the same UHNW buyer base and branded-residence developers that Pordes serves.
- Premier Estate Properties: Premier Estate is a Florida-focused luxury real estate firm handling high-end resale and new-construction sales; its marketing-led approach to ultra-luxury South Florida properties overlaps with Pordes' mandate scope and buyer pool.
- Douglas Elliman Development Marketing: Douglas Elliman's development marketing division is the largest dedicated new-condo sales & marketing operation in the U.S., with deep South Florida and Manhattan exposure; it competes head-to-head with Pordes for branded-residence sellout mandates from St. Regis, Ritz-Carlton, and Waldorf Astoria developers.
- ONE Sotheby's International Realty: ONE Sotheby's is a Florida-affiliated luxury brokerage (majority-owned by a Related Group affiliate) that handles both resale and new-development sales of branded South Florida condos, directly competing for the same Ritz-Carlton/St. Regis class of projects.
- Cervera Real Estate: Cervera is a Miami-based brokerage specializing in pre-construction and new luxury condo sales with a similar ultra-luxury focus; it is one of the most direct Florida-headquartered competitors for branded-residence sellouts alongside Pordes.
Broad incumbents
- Related Group: Related Group is the largest luxury condo developer in South Florida; while primarily a developer, it operates in-house sales arms and partner brokerages that compete with Pordes for sellout opportunities and buyer relationships.
- Coldwell Banker Realty: Coldwell Banker is a large national brokerage with a Florida franchise system covering luxury and new-construction sales; it represents a broad incumbent competing on scale, agent count, and developer relationships across the same South Florida market.
- Sotheby's International Realty: Sotheby's International Realty is the global luxury real estate brand with affiliated brokerages handling new-condo sales; it is a broader brand-and-network incumbent that competes with Pordes for UHNW luxury mandates across multiple geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Pordes Residential social profiles
Digital presencePordes Residential financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pordes Residential leadership team
Management profileNumber of profiles
Profiles2 records
Pordes Residential funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pordes Residential M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pordes Residential
What does Pordes Residential do?
Pordes Residential provides full-service development sales and marketing for luxury and branded condominium projects, from pre-development market research and product positioning through launch, sales center operations, and close-out. It separately acquires, rebrands, and resells undervalued or distressed condominium units for capital partners, generating IRRs averaging 28% to 39% within 1–4 year timelines. Its current portfolio includes St. Regis, Bentley, Waldorf Astoria, Ritz-Carlton, and other branded residences in Florida and Las Vegas.
Is Pordes Residential a public or private company?
Pordes Residential is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Pordes Residential founded?
Pordes Residential was founded in 2009. It employs 11 to 50 people.
Where is Pordes Residential based?
Pordes Residential is headquartered in Aventura, United States, in the North America region.
How does Pordes Residential make money?
Two revenue lines are on record. Development Sales & Marketing Services are the primary driver. The others are acquisition & Repositioning.
Who are Pordes Residential's main competitors?
Direct peers on record are Compass Development Marketing Group, Fortune International Group, The Agency, Premier Estate Properties, Douglas Elliman Development Marketing, ONE Sotheby's International Realty and Cervera Real Estate. Broad incumbents are Related Group, Coldwell Banker Realty and Sotheby's International Realty.
Does Pordes Residential have an API?
No public API is recorded for Pordes Residential.
What industry is Pordes Residential in?
Pordes Residential's product category is Luxury Residential Real Estate Sales & Marketing. Its primary akta.pro industry code is BPAJAHAK, New Development / Declarant Transition Management, with a secondary code of BPAJAHAA, Condominium Association Management.