Date: 08.21.2023

Published In: South Florida Business Journal

Power Leaders in Real Estate, along with our Power Brokers in Commercial and Residential, recognize the region’s top individuals across the real estate ownership, development, and sales sectors.

The volume of land deals, new development and other commercial and residential real estate transactions across the tri-county area has made the number of individuals suitable for inclusion in this package an abundance of riches, so to speak. That doesn’t mean selecting honorees is easy, and every year we hear from people inquiring why one agent might have been included, but another, seemingly higher performing agent, was not.

In the interest of clarity, here’s our methodology:

Power Brokers in Residential relies on figures voluntarily provided to Real Trends by residential agents and brokers. For those who do not participate in Real Trends, but we know historically have been suitable for inclusion based on their history of high value deals, we reach out directly.

For Power Brokers in Commercial, we rely on our list of largest commercial brokers from the South Florida Business Journal’s Book of Lists, as well as our own reporting. Again, we will reach out to the leading brokerages and ask who their top performers are. Whether residential or commercial, we seek to limit the list to two agents or brokers per company.

We try our best to be empirical in our reporting to create a product that both recognizes the industry’s top professionals and becomes a resource for our readers. We hope this explanation answers any questions you may have. And here’s to all the professionals who made this year’s Power Leaders and Power Brokers lists. Because of you, South Florida continues to shine with our own abundance of real estate riches.

Thomas P. Murphy Jr.
Founder, chairman and CEO, Coastal Construction Group Miami

Murphy started his construction business at 19. Its most recent project is The Plaza Coral Gables, a 7-acre mixed-use development. Coastal Construction is also involved in construction solutions providers Renco USA, Togal.ai and Hoyst.

Birthplace: Washington, D.C.
Education: Attended the University of Miami
Region’s next hot market: Affordable housing that integrates new construction technology
Tip for proteges: Maintain a strong work ethic and good attitude.
One lasting business lesson: You cannot make a bad deal with a good person. Conversely, you cannot make a good deal with a bad person.
I define success as: Seeing your children grow up to be principled, hardworking, caring for others and always doing the right thing.
To unwind: I boat in the Bahamas.

www.coastalconstruction.com, spatino@coastalconstruction.com, 305-559-4900