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Local construction firms pack fastest-growing companies list

Sep 3, 2007, 12:00am EDT

“Other construction companies that appeared on last year’s list have experienced steady growth. Prestige Builders Partners, a real estate developer based in Miami Lakes, moved up one slot – from 20 to 19 – with 66.6 percent growth for 2005-06” .

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Sep 3, 2007, 12:00am EDT “Other construction companies that appeared on last year's list have experienced steady growth. Prestige Builders Partners, a real estate developer based in Miami Lakes, moved up one slot - from 20 to 19 - with 66.6 percent growth for 2005-06” . READ MORE

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Prestige Builders Partners Seals the Largest Multi-Family Purchase in Florida

MIAMI LAKES, Fla., Aug. 12 /PRNewswire/ — Prestige Builders Partners proudly announces it has closed on the acquisition of six properties totaling more than 1,500 units in South Florida. The properties are in Broward and Palm Beach counties and are some of the most prized complexes in the flourishing South Florida cities of Coconut Creek, Plantation, and Delray Beach. “This is the largest multi-family complex purchase in Florida to be acquired and to close,” said Larry Baum, managing director of acquisitions for Prestige Builders Partners. Jose Boschetti, Martin Caparros, and Arthur Falcone, as principals of Prestige Builders Partners, are pleased to continue the tradition of acquiring quality and exquisite properties.

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MIAMI LAKES, Fla., Aug. 12 /PRNewswire/ -- Prestige Builders Partners proudly announces it has closed on the acquisition of six properties totaling more than 1,500 units in South Florida. The properties are in Broward and Palm Beach counties and are some of the most prized complexes in the flourishing South Florida cities of Coconut Creek, Plantation, and Delray Beach. "This [...]

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Condo-Conversion Kings

GULF COAST BUSINESS REVIEW

October 07, 2005

By Sean Roth

Real Estate Editor

Palmer Ranch is going condo. The upscale 5,200-acre community in Central Sarasota County went from five apartment compelexes to four to three to two. Two weeks ago, a major condo converter purchased one of the remaining apartment complexes, and all signs point to the fifth being purchased by another converter in the coming months.

At the center of this activity is Miami Lakes-based Prestige Builders Partners, which owns three of the five Palmer Ranch apartments. It is the largest converter of condominium units statewide.

On Aug. 12, the company set a record for the largest multifamily complex purchase closed in Florida when it acquired more than 1,500 units in Broward and Palm Beach counties for $315 million. The company is also attempting the largest individual property condo conversion in the state with the 969-unit, 17 building Las Vistas at Doral.

So far this year, Prestige Builders Partners, ranked as the 32nd largest private company by gross revenues in South Florida by the South Florida Business Journal, acquired more than 12,000 units in Florida. The company projects sales from its current inventory of properties will pass the $1 billion mark by the second quarter of 2006. On the Gulf Coast, Prestige Builders Partners owns almost 6,000 condominium/apartment units in 18 communities from Tampa to Naples (See Properties chart).

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GULF COAST BUSINESS REVIEW October 07, 2005 By Sean Roth Real Estate Editor Palmer Ranch is going condo. The upscale 5,200-acre community in Central Sarasota County went from five apartment compelexes to four to three to two. Two weeks ago, a major condo converter purchased one of the remaining apartment complexes, and all signs point [...]

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YOUTH GROUPS WIN AS PRESTIGE, CITY BECOME PARTNERS TOP ATHLETES TO BE RECOGNIZED

The Miami Herald – February 2, 2003 – 5NW Neighbors NW

Prestige Builders Group has joined the city of Hialeah to enhance athletic programs for children ages 6-18. The one-year partnership, with a special emphasis on education, names Prestige the Official Youth Athletic Program Sponsor of Hialeah’s Recreation and Community Services Department. Highlights of the partnership include: * $16,000 from Prestige for additional and improved athletics awards, equipment and supplies * A Prestige Builders Group “MVP of the Week” award:..

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The Miami Herald - February 2, 2003 - 5NW Neighbors NW Prestige Builders Group has joined the city of Hialeah to enhance athletic programs for children ages 6-18. The one-year partnership, with a special emphasis on education, names Prestige the Official Youth Athletic Program Sponsor of Hialeah's Recreation and Community Services Department. Highlights of the [...]

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COLLEGE AID PLAN UNVEILED

The Miami Herald – March 18, 2004 – 12NC Neighbors NC

A Hialeah native who grew up in the city’s parks and recreation program, became an employee and now, as a businessman, is a sponsor of its youth athletics program, has announced a new scholarship initiative. Marty Caparros Jr., chief executive officer of Prestige Builders Group, said he will start a college scholarship fund in which his company will join with the city of Hialeah by matching charitable contributions from the local business community dollar for dollar for a maximum of…

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The Miami Herald - March 18, 2004 - 12NC Neighbors NC A Hialeah native who grew up in the city's parks and recreation program, became an employee and now, as a businessman, is a sponsor of its youth athletics program, has announced a new scholarship initiative. Marty Caparros Jr., chief executive officer of Prestige Builders [...]

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SCHOLAR-ATHLETE

Miami Herald – May 27, 2004 – 4NW Neighbors NW

Dominique Alarcon won the Prestige Builders Group Scholar Athlete Award presented by Hialeah Department of Recreation and Community Affairs. With her are her mother, Ileana Aquilera, and Jeffrey Lagomacini, a Prestige Builders company representative. In addition to a plaque, Dominique received a $250 U.S. Savings Bond.

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Miami Herald - May 27, 2004 - 4NW Neighbors NW Dominique Alarcon won the Prestige Builders Group Scholar Athlete Award presented by Hialeah Department of Recreation and Community Affairs. With her are her mother, Ileana Aquilera, and Jeffrey Lagomacini, a Prestige Builders company representative. In addition to a plaque, Dominique received a $250 U.S. Savings [...]

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COMPLEX CHANGING TO CONDOS

Miami Herald – May 12, 2005 – 2DO

A popular Doral rental community is officially a thing of the past. Fairways at Doral, a complex of 969 apartments, was sold in March for $116 million to Miami Lakes developer Prestige Builders Group. The community, which is located west of Northwest 79th Avenue between Northwest 48th and 52nd streets, is being converted into condominiums. It has been renamed Las Vistas at Doral. The condo conversion project is the largest in Florida this year, according to McCabe Research &…

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Miami Herald - May 12, 2005 - 2DO A popular Doral rental community is officially a thing of the past. Fairways at Doral, a complex of 969 apartments, was sold in March for $116 million to Miami Lakes developer Prestige Builders Group. The community, which is located west of Northwest 79th Avenue between Northwest 48th [...]

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DEVELOPMENT START

Miami Herald – July 31, 2005 – 2WE Neighbors

In the latest home development project under construction in West Kendall, trucks filled with debris move in and out of the area. The 160-acre Kendall Commons property will soon give way to a “traditional neighborhood” that includes a town square, neighborhood parks, a church, school and lake in addition to single-family homes. The project is near Kendall Drive just east of Krome Avenue. “The TND or traditional neighborhood district promotes the interaction of people by creating…

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Miami Herald - July 31, 2005 - 2WE Neighbors In the latest home development project under construction in West Kendall, trucks filled with debris move in and out of the area. The 160-acre Kendall Commons property will soon give way to a ``traditional neighborhood'' that includes a town square, neighborhood parks, a church, school and [...]

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GOLFING FOR A GOOD CAUSE

Miami Herald – July 16, 2006 – 3NW Neighbors

Hialeah recently held its 20th annual Employee Sponsorship Golf Outing benefiting the Special Olympics of Miami-Dade County. Twenty-eight teams made up of city employees and corporate sponsors competed in the one-day tournament at the Country Club of Miami. Yamil Velez, of Prestige Builders Group, an event sponsor, takes a swing at far left, and volunteers for the city’s Special Population Program are seen at left…

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Miami Herald - July 16, 2006 - 3NW Neighbors Hialeah recently held its 20th annual Employee Sponsorship Golf Outing benefiting the Special Olympics of Miami-Dade County. Twenty-eight teams made up of city employees and corporate sponsors competed in the one-day tournament at the Country Club of Miami. Yamil Velez, of Prestige Builders Group, an event [...]

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Miami Herald – August 25, 2005 – 3ML Neighbors

Marty Caparros Jr. came of age at Hialeah’s parks. He played flag football during the summers and baseball as a youngster. “Those memories were so special for me,” said Caparros, chief executive officer of Prestige Builders Group. ” They were just the greatest years.” After high school, he got a job with the then Parks and Recreation Department, where he stayed for about a decade. Years later, Caparros, now 41, is a prominent businessman who credits much of his success to…

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Marty Caparros Jr. came of age at Hialeah's parks. He played flag football during the summers and baseball as a youngster. "Those memories were so special for me,'' said Caparros, chief executive officer of Prestige Builders Group. " They were just the greatest years.'' After high school, he got a job with the then Parks [...]

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