North Development

About North Development

North Development is a real estate operator headquartered in Miami, FL. North Development operates in Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Condominiums, Hospitality and Short-term rental.

North Development is a real estate development firm founded in 2021 and headquartered in Miami, Florida. Formed as a joint venture between Oak Capital and Edifica, the company specializes in residential development with an emphasis on innovative ownership models. Since its inception, North Development has delivered or is actively developing more than 108 projects across the United States, Brazil, and Peru, with cumulative sales exceeding $4 billion. The firm focuses primarily on residential condominium developments and FLATS (Flexible Apartments for Temporary Stays), a housing concept that combines condominium ownership with hospitality-oriented accommodations for short-term stays. Its projects are designed to serve both residential buyers and investors seeking professionally managed rental opportunities. North Development also operates North Management, a hospitality-focused subsidiary that oversees the operation and management of its short-term rental properties. By integrating development, hospitality management, and property operations, the company manages projects from planning and construction through long-term ownership and guest services while continuing to expand its residential portfolio across international markets.

Principals at North Development