# Rilea Group

Rilea Group is a Miami condo developer with 3 buildings on own.miami in Brickell, Midtown, delivered 1981–2016. Developer Score: — (—).

## Key facts

| | |
|---|---|
| own.miami Developer Score | Not scored yet |
| Buildings | 3 (+1 in the pipeline) |
| Residences delivered | 426 |
| Years | 1981–2016 |
| Median asking $/sqft | $661/sqft (Miami: $694/sqft) |
| Median sold $/sqft (12 mo) | $591/sqft (Miami: $618/sqft) |
| Verified records | 1 of 2 delivered buildings have no adverse verified public record; 2 verified clean in a recent records check. |
| Financeability | Mean Financeability Index 69/100; 2 of 2 buildings with recorded lending rated strong or good. |


## Score axes

- **Building quality: 63** — Not scored: 2 of the 3 delivered buildings with a Building Score that the score needs.
- **Health record: 82** — 77% of the portfolio (by size) has no adverse verified record; 1 of 2 buildings verified clean in public records.
- **Financeability: 70** — Mean Financeability Index across 2 buildings with recorded lending data: 70/100.
- **Market performance: 9** — Median 12-month appreciation -3.7% and turnover 2.7% of units a year, ranked against other developers.
- **Track record: 26** — 2 delivered buildings between 1981 and 2016, 1 in the pipeline, ranked against other developers.
- **Consistency: 50** — Too few scored buildings to measure — counted as neutral.

## Portfolio

| Building | Neighborhood | Years | own.miami Building Score | Median asking $/sqft | Credit |
|---|---|---|---|---|---|
| [Bond on Brickell](https://own.miami/buildings/bond-on-brickell) | Brickell | 2016 | 65 (B+) | $760/sqft | lead |
| [Brickell Park](https://own.miami/buildings/brickell-park) | Brickell | 1981 | 58 (B) | $563/sqft | lead |
| [The Rider Residences](https://own.miami/buildings/the-rider-residences) | Midtown | 2027 | pre-delivery | $1,193/sqft | lead |

## Frequently asked questions

**Who is Rilea Group?**

Rilea Group is a Miami condo developer with 3 buildings on own.miami across Brickell and Midtown, delivered between 1981 and 2016. 1 more are in the pipeline.

**Which is Rilea Group's best-scoring building?**

Bond on Brickell is the highest-scoring Rilea Group building on own.miami, with a Building Score of 65/100.

**Do Rilea Group's buildings have known issues?**

1 of the 2 delivered Rilea Group buildings tracked by own.miami have no adverse verified public record (liens, lawsuits, recertification or regulatory complaints).

**How much do Rilea Group condos cost?**

The median asking price across Rilea Group buildings is $661/sqft, in line with the Miami median of $694/sqft.

## Developers in the same neighborhoods

- [Alta Developers](https://own.miami/developers/alta-developers) (67)
- [Related Group](https://own.miami/developers/related-group) (64)
- [Terra](https://own.miami/developers/terra) (73)
- [Aria Development Group](https://own.miami/developers/aria-development-group) (66)

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Source: Own.Miami — https://own.miami
Canonical page: https://own.miami/developers/rilea-group
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
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