MIAMI—In today's competitive real estate market, having aseasoned team of professionals on board is a key for long-termsuccess in investing and developing trophy assets. Miami-based 13thFloor Investments understands that principle and has attracted someof the country's most experienced professionals to help grow thefirm.

Rey Melendi, a former executive ofRialto Capital Management and president ofLennar's southeast Florida land division, oversees13th Floor's development, construction and operational assetmanagement of the sponsor's investments. GlobeSt.com caught up withMelendi to get his views on strategies, market conditions andchallenges ahead in part one of this exclusive two-partinterview.

GlobeSt.com: How many projects does 13th FloorInvestments have under construction at this time?

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