A Pioneering Growth Story Since 1991
Founded in 1991 by Kevin P. Maloney, Property Markets Group began as a boutique real estate developer in New York City and has grown into one of the most active and respected vertically integrated development firms in the United States. The company’s expertise spans land acquisition, design, construction, financing, marketing, and sales. PMG is known for its forward-thinking approach, taking on transformative urban projects that redefine how people live, work, and experience the built environment.
Diversified Portfolio Across Asset Classes
PMG has a broad portfolio of projects across key markets including New York, Miami, Denver, Orlando, Atlanta, and Nashville. The company develops luxury high-rise condominiums, multifamily rentals, branded residences, and affordable housing communities. With more than 16 million square feet developed and over 8,500 residential units delivered, PMG has positioned itself as a leader in high-density residential development. Its diverse asset strategies allow it to serve a wide range of buyers and renters—from ultra-luxury clientele to young professionals seeking attainable, high-quality housing.
Flagship and Record-Breaking Projects
The company is responsible for some of the most recognized buildings in the U.S. real estate landscape. In Miami, PMG developed Echo Brickell, a luxury condominium tower known for its contemporary glass façade and smart-home features. Other major projects include Echo Aventura and the Waldorf Astoria Hotel & Residences in both Miami and Denver, which blend five-star hospitality with elite residential living. In New York, PMG co-developed 111 West 57th Street, one of the city’s tallest residential towers, and Walker Tower, a successful conversion of a historic Art Deco building into luxury condos.
Strategic Leadership and Market Reach
PMG’s leadership team, including Managing Partners Ryan Shear and Dan Kaplan, has played a vital role in scaling the company’s national presence. Ryan Shear focuses on high-rise condo and multifamily development in Florida and other major cities, while Dan Kaplan oversees capital markets, investor relations, and corporate strategy. Together, they manage a development pipeline worth over $6 billion, positioning PMG as a key player in both the luxury and multifamily segments of the market.
Operating Philosophy and Innovation
PMG’s model is driven by identifying underutilized or stalled sites with high potential for transformation. The firm often enters early or mid-stage developments, restructures capital, and executes construction and marketing strategies to realize maximum value. PMG tends to exit projects post-stabilization, often selling to institutional buyers or REITs. Their commitment to innovative design, sustainability, and experiential living makes them a forward-thinking developer with a modern sensibility.
Why Prime Palaces Real Estate Recommends PMG
At Prime Palaces Real Estate, we showcase Property Markets Group as a proven and dynamic developer with an unmatched ability to deliver across asset classes. Whether it’s iconic luxury towers like Echo Brickell or mixed-use communities under the Society brand, PMG’s developments demonstrate strong market understanding, executional excellence, and enduring investment value. For clients seeking U.S. real estate with long-term growth potential and premium living standards, PMG is a top-tier choice.