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  5. Flag Luxury Group
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Flag Luxury Group

11–50 employees 4 principals

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Last updated 3mo ago

About Flag Luxury Group

Flag Luxury Group is a real estate operator. Flag Luxury Group operates in Las Vegas, Nevada, Miami - Ft. Lauderdale - West Palm Beach - South Florida and New York City, New York. Its investment focus is on Condominiums, Golf Courses and Historic Tax Credits.

Flag Luxury Group is a privately held real estate development company headquartered in New York City, formed in 1997 by Dayssi and Paul Kanavos. The heritage of the business traces back to the Flag Group of Companies, founded in 1946 by Peter J. Kanavos Sr., which before Flag Luxury had developed over US$4 billion in assets. To date, Flag Luxury has completed more than US$6 billion in developed projects, and currently holds an additional US$3 billion in its development pipeline. The firm concentrates on luxury hotels and high-end residences, as well as land-based entertainment and retail developments.

Principals at Flag Luxury Group

Principal details are a Pro feature

4 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Flag Luxury Group

1 recent signal from the real estate trade press · latest 3mo ago

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Fund closes, leadership changes, partnerships, and new development — captured from the real estate trade press the day they happen.

Flag Luxury Group's project portfolio

5 projects on file · Retail (2), Hospitality (2), Residential (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Flag Luxury Group operates in

  • Las Vegas, Nevada
  • Miami - Ft. Lauderdale - West Palm Beach - South Florida
  • New York City, New York
  • Orlando, Florida

Investment themes at Flag Luxury Group

  • Condominiums
  • Golf Courses
  • Historic Tax Credits
  • Hospitality
  • Membership Clubs
  • Standalone Retail

Capabilities

  • Construction Management
  • Custom Homes
  • Economic Development
  • High-Rise
  • Luxury
  • Private Equity
  • RETCON Attendee
  • Sustainability
  • Technology-forward
  • Urban infill

Operators similar to Flag Luxury Group

  • Witkoff
    Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaLas Vegas, Nevada+1 more marketHistoric Tax CreditsGolf Courses+3 more themes
  • The Sports Facilities Companies
    Established tierLas Vegas, NevadaNew York City, New York+2 more marketsHospitalityStandalone Retail
  • The Ferber Company
    Established tierOrlando, FloridaMiami - Ft. Lauderdale - West Palm Beach - South Florida+1 more marketHospitalityStandalone Retail+1 more theme
  • PEBB Enterprises
    Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaLas Vegas, Nevada+1 more marketHospitalityStandalone Retail+1 more theme
  • Asana Partners
    Established tierOrlando, FloridaMiami - Ft. Lauderdale - West Palm Beach - South Florida+1 more marketHospitalityStandalone Retail
  • WMG Development
    Established tierOrlando, FloridaMiami - Ft. Lauderdale - West Palm Beach - South Florida+2 more marketsStandalone Retail
  • Patrinely Group
    Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaLas Vegas, Nevada+1 more marketHospitalityCondominiums
  • ABS Partners
    Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New YorkHospitalityStandalone Retail+1 more theme
  • Buligo Capital
    Established tierOrlando, FloridaNew York City, New YorkStandalone RetailCondominiums+1 more theme
  • Halstatt LLC
    Established tierOrlando, FloridaMiami - Ft. Lauderdale - West Palm Beach - South FloridaHospitalityStandalone Retail+1 more theme

Frequently asked questions about Flag Luxury Group

What does Flag Luxury Group do?
Flag Luxury Group is a privately held real estate development company headquartered in New York City, formed in 1997 by Dayssi and Paul Kanavos.
What markets does Flag Luxury Group operate in?
Flag Luxury Group is active in Las Vegas, Nevada, Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York, and Orlando, Florida.
How many employees does Flag Luxury Group have?
Flag Luxury Group has 11–50 employees.
Flag Luxury Group cover image

Flag Luxury Group at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
4
Principals
4

Contact Flag Luxury Group

70 E 55th Street 23rd Floor New York, NY 10022
flagluxury.com