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 |
Steven Fink joined Fifteen Group to spearhead west coast development operations and opened the 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 |
