1992

Company predecessor Fifteen Southeast Realty, Inc. was founded with an office in a warehouse in Ft. Lauderdale, FL

1993

Moved to first Miami Beach office and began asset management and consulting assignment on a portfolio of commercial and resort properties in New York, Bahamas, and British Virgin Islands

1996

Acquired first apartment complex — a property still owned by Fifteen Group

1998

Purchased Wyvernwood Apartments – a 1,175 unit multi-family housing complex in Los Angeles, representing the company’s third acquisition in California

1999

After acquiring nearly 16,000 apartments with Mark working from New York and Ian from Florida, the brothers opened a new Miami Beach office and the company became commonly known as Fifteen Group

1999

Acquired an institutionally-owned 1,520 unit Florida apartment portfolio

1999

Acquired and rehabilitated first South Beach property

2000

Launched an unsuccessful attempt to privatize Sweden’s largest publicly traded multifamily housing company

2001

Completed buyout of an institutional partner on a 13,185 unit portfolio

2002

Through its property management affiliate, Fifteen Asset Management, Fifteen Group brought property management in-house and instantly grew from 6 employees to nearly 400

2004

Fifteen Group began a strategic disposition plan

2005

Opened Los Angeles office

2006

Despite market turmoil caused by a shortage of windstorm insurance, Fifteen Group acquired two apartment communities in South Florida

2006

Decided to strategically diversify the scope of target investment opportunities and exit the property management business

2007

The Fifteen Group Foundation was established to help empower youth through athletics, education, and the arts

2010

At the height of the downturn, Fifteen Group completed the first of many investments in the emerging Midtown / Edgewater area of Miami, acquiring an existing office building that has become Fifteen Group's national headquarters and an adjacent acre of land

2011

Justin Toal joined Fifteen Group as Senior Principal and Chief Investment Officer

2011

Purchased the note secured by a mortgage on a six-acre site along Second Avenue, and followed up within the next two months with purchases of nearly 5 acres of bay front land ripe for post-downturn condominium development

2011

Entered the urban infill for-sale housing market in Los Angeles by acquiring two land sites, one in Echo Park and the other in Silver Lake

2012

Completed Fifteen Group's first Miami Design District purchase with the acquisition of 3925 N. Miami Avenue

2013

Acquired an approximate two-acre site along NE 29th Street in Midtown, representing Fifteen Group's first ground-up, high-rise multifamily rental development

2013

Made Fifteen Group's largest commercial investment to date, acquiring the nearly 650,000 square feet suburban office complex Sawgrass Technology Park in Sunrise, FL, and also completed Fifteen Group's first logistics investment, acquiring the FedEx distribution facility in downtown Miami

 

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