Constellation Group
Constellation Group is a South Florida-based private real estate investment and development firm founded in 2019 that acquires, finances, develops, and markets luxury residential and Class A commercial assets in high-barrier-to-entry U.S. markets, managing $1B+ AUM across 2,000+ units in Florida, Texas, and Georgia.
- Company typePrivate
- Founded2019
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Constellation Group does
Constellation Group is a South Florida-based private real estate investment and development firm founded in 2019 by Eduardo Otaola. The firm acquires, finances, develops, and markets residential and commercial assets in high-barrier-to-entry markets, operating through a vertically integrated platform that spans acquisitions, deal sourcing, capitalization, entitlements, development management, construction management, asset management, financial reporting, and strategic advisory. Constellation reports over $1 billion in assets under management and more than $250 million in equity invested across a portfolio of 2,000+ units developed, delivered, or in pipeline, with geographic reach across Florida (Miami MSA, Florida Keys), Texas (San Antonio, Austin/Leander), and Georgia (Oakwood/Atlanta MSA).
The firm's product surface is diversified across luxury residential condominiums (CORA Merrick Park, HQ Residences Miami, ELLA Miami Beach, 299 Minorca), oceanfront single-family residences (SeaGlass Cove), Class A multifamily communities (The Conley, The Flats at 53 West, The Exchange at 53 West, 120 Ninth Street, 3000 SW 28th Lane, Bahama House), and Class A office buildings (4225 Ponce, Town Center One at Dadeland, 1674 Meridian). A defining differentiator is wellness-oriented design integration, including pursuit of IWBI WELL certification at CORA Merrick Park and a programming partnership with Lamarca Well, positioning the firm in the high-growth segment of wellness-integrated real estate.
Revenue is generated primarily through one-time real estate development and sales of luxury residential units ($850,000 to over $4 million) and Class A office or multifamily assets, supplemented by professional services asset management and project-level financing arrangements with banking partners such as Centennial Bank and Berkadia. Go-to-market combines direct enterprise sales for commercial leasing (e.g., UBS Wealth Management as anchor tenant at 4225 Ponce), project-specific sales galleries and websites for residential buyers, branded-partnership marketing (HQ brand with Sam Nazarian and Marc Anthony), and earned media in outlets such as Miami Herald, Forbes, and The Real Deal. Customer segments span HNW individual luxury buyers, Millennial/Gen Z and Latino/Hispanic branded-residential buyers, and institutional/commercial tenants.
Constellation Group firmographics
Firmographics- Name
- Constellation Group
- Legal name
- Constellation Group
- Website
- https://groupconstellation.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Constellation Group is a South Florida-based private real estate investment and development firm founded in 2019 that acquires, finances, develops, and markets luxury residential and Class A commercial assets in high-barrier-to-entry U.S. markets, managing $1B+ AUM across 2,000+ units in Florida, Texas, and Georgia.
- Ownership category
- akta.pro rank
Constellation Group industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
Keywords
Where Constellation Group is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Constellation Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development and Sales: The firm acquires, develops, and sells residential and commercial real estate assets. Revenue is generated through the sale of developed properties including luxury condominiums, single-family homes, and Class A office buildings. The firm has completed multiple developments and has projects in various stages of development across South Florida and select other U.S. markets.
- Asset Management: Provides asset management services for investment portfolios including financial reporting, strategic advisory, and portfolio optimization across residential and commercial assets.
- Construction and Permanent Financing: Secures construction financing and permanent loans from banking partners like Centennial Bank to fund development projects, with financing structured as project-level capital.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | HQ Residences Miami - Standard Units |
| One time/ perpetual license | Multi-year contract | CORA Merrick Park - Luxury Condominiums |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Constellation Group product offering
Product offeringCore offering
Constellation Group is a South Florida-based real estate investment and development firm that acquires, finances, develops, and markets residential and commercial assets in high-barrier-to-entry markets. The firm operates a vertically integrated platform delivering luxury condominiums, multifamily communities, Class A office buildings, and oceanfront residences, with an emphasis on wellness-oriented design integrating health, bio-hacking, longevity and lifestyle features across its portfolio.
Product overview
Constellation Group is a South Florida real estate investment and development firm offering a diversified portfolio of residential and commercial real estate products across high-barrier-to-entry markets. The company operates as a unified platform spanning multiple product lines: luxury residential condominiums (CORA Merrick Park, HQ Residences Miami, ELLA Miami Beach), oceanfront single-family homes (SeaGlass Cove), multifamily garden-style and high-rise apartments (The Conley, The Flats at 53 West, The Exchange at 53 West, 120 Ninth Street), Class A office buildings (4225 Ponce, Town Center One at Dadeland, 1674 Meridian), and boutique multifamily communities (Bahama House). The portfolio emphasizes wellness-oriented design across residential products, integrating health, bio-hacking, longevity, and lifestyle-focused features.
Differentiator
Problem solved
Functional benefit
Products and services
- CORA Merrick Park 74-residence wellness-focused luxury condominium in Coral Gables, Florida, featuring biohacking amenities, rooftop pool, and Coral Gables' first rooftop padel court, seeking IWBI WELL certification for residential use.
- HQ Residences Miami 35-story, 229-unit luxury branded residential condominium in Edgewater, Miami, developed in partnership with Sam Nazarian and Marc Anthony's HQ brand, with focus on wellness features.
- ELLA Miami Beach Boutique 103-unit luxury condo development in Miami Beach with ground-floor retail, rooftop pickleball court, resort-style amenities, and private beach club access. Designed by Arquitectonica with interiors by Steven G.
- SeaGlass Cove Exclusive 14-home oceanfront community in Grassy Key, Florida Keys, featuring private beach, resort-style pool, pickleball court and private resort-style setting.
- 4225 Ponce Class A office building with ground floor retail in Merrick Park, Coral Gables. Anchor tenants include UBS Wealth Management and ENNE Furniture. Completed in 2026.
- 120 Ninth Street 220-unit Class A multifamily community located on the historic River Walk in Downtown San Antonio, steps from the Pearl District.
- The Conley 259-unit Class A multifamily community located in Leander, Texas, a high-growth suburb of Austin.
- The Flats at 53 West 266-unit Class A multifamily community located in Oakwood, Georgia, outside Gainesville and Atlanta. Completed 2019.
- The Exchange at 53 West 194-unit Class A multifamily community located in Oakwood, Georgia. Completed 2021.
- 299 Minorca 45-unit residential condominium development in downtown Coral Gables with ground floor retail. Successfully exited.
- Town Center One at Dadeland Class A office building located in downtown Dadeland, Miami, Florida. Completed 2011.
- 1674 Meridian 33,000 square foot renovated office building with retail in Miami Beach, repositioned to Class A in 2021.
- Bahama House Boutique garden-style multifamily community located in the coveted residential district of Key Biscayne.
Quantifiable outcome
- Over 2,000 units developed, delivered, and in pipeline across South Florida, Texas, and Georgia markets.
- +2 more outcomes
Companies that use Constellation Group
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Constellation Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Constellation Group partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and flagship.
- Winmar ConstructioncoreGeneral contractor for CORA Merrick Park development. Handles construction execution and project delivery for the 74-residence wellness-focused luxury condominium in Coral Gables.
- Ironwood Venture GroupcoreJoint development partner with Constellation Group on SeaGlass Cove, a 14-residence oceanfront community in Marathon, Florida Keys. Both firms completed the development and transitioned it from active development to fully completed residential community.
- Black SalmoncoreDevelopment partner with Constellation Group, The Boschetti Group on HQ Residences Miami, a 35-story, 229-unit branded condo tower in Miami's Edgewater neighborhood. Black Salmon is co-developer on the project.
- The Boschetti GroupcoreOngoing development partner with Constellation Group on multiple projects including CORA Merrick Park, HQ Residences Miami, and ELLA Miami Beach. The Boschetti Group brings development expertise to joint ventures across South Florida residential market.
- Sam NazarianflagshipHospitality mogul partnering with Constellation Group, Black Salmon, and The Boschetti Group to brand HQ Residences Miami under Sam Nazarian and Marc Anthony's HQ brand. Provides hospitality branding and operational expertise to the residential project.
- Marc AnthonyflagshipGrammy-winning artist partnering with Constellation Group, Black Salmon, and The Boschetti Group to brand HQ Residences Miami under the HQ brand. Provides celebrity endorsement and cultural connection targeting Latino/Hispanic buyers.
- ArquitectonicacoreInternationally recognized architecture firm providing architectural design services for multiple Constellation Group projects including CORA Merrick Park, ELLA Miami Beach, and HQ Residences Miami. Delivers thoughtful residential and commercial environments defined by superior design.
- Lamarca WellcoreWellness programming partner for CORA Merrick Park, overseeing wellness programming including biohacking amenities, rooftop pool, and rooftop padel court. Specializes in wellness-integrated residential development.
- Steven GcoreInterior design firm for ELLA Miami Beach luxury condo development. Provides interior design services for the boutique 103-unit luxury condominium in Miami Beach.
- Urban RobotcoreInterior design partner for CORA Merrick Park, providing interior design services for the 74-residence wellness-focused luxury condominium in Coral Gables.
- UBS Wealth ManagementcoreAnchor tenant at 4225 Ponce, the Class A office building completed in 2026 in Merrick Park, Coral Gables. Leasing significant office space as primary anchor tenant.
- ENNE FurniturecoreAnchor tenant at 4225 Ponce, the Class A office building completed in 2026 in Merrick Park, Coral Gables. Leasing ground floor retail space as anchor tenant.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Constellation Group competitors and assessment
Company assessmentDirect peers
- Related Group: Largest luxury and condominium developer in South Florida with decades-long track record across Miami, Brickell, and Sunny Isles. Direct peer because both firms develop branded and luxury for-sale residential product in the same Miami MSA submarkets.
- Terra Group: Miami-based luxury residential and mixed-use developer led by David Martin. Direct peer given overlapping focus on South Florida luxury condominium development and high-profile project branding in the same submarkets as Coral Gables and Edgewater.
- Aria Development Group: Miami-based developer focused on luxury boutique condominium and multifamily projects in South Florida. Direct peer given comparable size, Miami focus, and luxury residential pipeline overlap with projects like ELLA Miami Beach.
- Tricera Capital: Miami-based real estate investment and management firm of comparable size to Constellation, focused on multifamily and value-add South Florida assets. Direct peer because multiple Constellation team members previously worked at Tricera and operate in the same sub-market.
- Integra Investments: Miami-based real estate investment firm where Constellation's founder Eduardo Otaola worked prior to founding Constellation. Direct peer given similar South Florida focus, mixed residential/multifamily strategy, and overlapping team lineage.
- Crescent Heights: National luxury high-rise residential developer with significant South Florida presence including Miami and Fort Lauderdale. Direct peer because both firms build branded luxury residential towers targeting similar end buyers.
- 13th Floor Investments: South Florida real estate investment and development firm where Constellation's CFO Alex Peters served as Asset Manager. Direct peer because of comparable scale, multifamily and Class A residential development focus, and shared talent pipeline.
- The Allen Morris Company: Miami-based commercial and residential real estate developer with a long Florida track record. Direct peer given overlapping South Florida market, commercial office and multifamily product overlap, and shared team lineage.
- PPM (Property Markets Group): Miami-headquartered real estate developer focused on luxury condominium and multifamily projects in South Florida. Direct peer given the same luxury buyer segment, Miami MSA focus, and branded-residence marketing approach.
- Fortune International Group: Miami-headquartered luxury condo developer with multiple South Florida waterfront towers. Direct peer because both firms target HNW buyers in Miami luxury for-sale product, often using project-specific branding and amenities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Constellation Group social profiles
Digital presenceConstellation Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Constellation Group leadership team
Management profileNumber of profiles
Profiles7 records
Constellation Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Constellation Group 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 Constellation Group
What does Constellation Group do?
Constellation Group is a South Florida-based real estate investment and development firm that acquires, finances, develops, and markets residential and commercial assets in high-barrier-to-entry markets. The firm operates a vertically integrated platform delivering luxury condominiums, multifamily communities, Class A office buildings, and oceanfront residences, with an emphasis on wellness-oriented design integrating health, bio-hacking, longevity and lifestyle features across its portfolio.
Is Constellation Group a public or private company?
Constellation Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Constellation Group founded?
Constellation Group was founded in 2019. It employs 1 to 10 people.
Where is Constellation Group based?
Constellation Group is headquartered in Miami, United States, in the North America region.
How does Constellation Group make money?
Three revenue lines are on record. Real Estate Development and Sales are the primary driver. The others are asset Management and construction and Permanent Financing.
Who are Constellation Group's main competitors?
Direct peers on record are Related Group, Terra Group, Aria Development Group, Tricera Capital, Integra Investments, Crescent Heights, 13th Floor Investments, The Allen Morris Company, PPM (Property Markets Group) and Fortune International Group.
Does Constellation Group have an API?
No public API is recorded for Constellation Group.
What industry is Constellation Group in?
Constellation Group's product category is Real Estate Development. Its primary akta.pro industry code is FSAAADAH, Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest). Its NAICS code is 523940 and its SIC code is 6552.