MIAMI—In today’s competitive real estate market, having a seasoned team of professionals on board is a key for long-term success in investing and developing trophy assets. Miami-based 13th Floor Investments understands that principle and has attracted some of the country’s most experienced professionals to help grow the firm.

Rey Melendi, a former executive of Rialto Capital Management and president of Lennar‘s southeast Florida land division, oversees 13th Floor’s development, construction and operational asset management of the sponsor’s investments. GlobeSt.com caught up with Melendi to get his views on strategies, market conditions and challenges ahead in part one of this exclusive two-part interview.

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