The real estate sector was deemed an essential business during the pandemic. Executives also proved to be resourceful and resilient. Countless new projects in single-family, rental apartment and condominium residential, as well as warehouse, distribution and logistics developments, are dotting the map from Miami through greater Fort Lauderdale and north to the Palm Beaches.
The flood has been fueled by workers and executives fleeing higher-cost, lower-quality-of-life regions such as the Northeast, Midwest and even California. They’re seeking a more amenable and less expensive remote work or corporate relocation destination.
This search, in one form or another, is nothing new. It has driven development statewide since before Henry Flagler brought his railway south. Today, it’s spurring billions of dollars in development and cementing the region’s role for more than 1,000 newcomers daily as the nation’s place to live, work and play.
Beyond resourceful, resilient or even essential, these Power Leaders – and those featured in our new Power Brokers subsection – have proven the real estate sector vital to the region’s health and future.
For commercial Power Brokers, we reached out to the area’s largest brokerages to identify their biggest producers in 2020 and spotlight the Top 25. To select our residential Power Brokers, we reviewed RealTrends brokerage rankings and queried the region’s largest brokerages on their most prolific dealmakers last year.
Michael A. Comras
President and CEO, Comras Co.
Miami Beach
Throughout his career, Comras has helped transform commercial destinations, with recent projects involving Miami Beach’s Washington Avenue and Lincoln Road, Miami’s Coconut Grove and Miami Worldcenter, and East Las Olas Boulevard in Fort Lauderdale.
Birthplace: Long Island, New Yorkhttps://fabe4f0b07b23dc4d93826380988b55d.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html
Education: B.A., University of Miami; MBA, Pace University
Why I went into real estate: I saw it as a career that would allow me to create transformative projects.
Favorite local getaway spot: Little Palm Island in the Florida Keys
Favorite vacation spot: In the U.S., Colorado
I could spend an afternoon at: RH’s gallery concept
Favorite show growing up: “Get Smart”
My hidden talent: Woodcrafts and craft modeling
www.comrascompany.com, michael@comrascompany.com, 305-532-0433
Jeff Zbar, South Florida Business Journal
Read more here: bizjournals.com/
