Each of us has a past—and something that makes us unique. We have all had dreams or ambitions—and any of us can reach those goals with some determination and dedication.
Raanan Katz always wanted to be a professional basketball player. He achieved that dream when he came to the United States in the 1960’s. He was chosen to train with the Boston Celtics, but then ended up playing with the U.S. All Star team, instead, for a year. He achieved his first dream, so he moved on.
After playing with the All Stars, Raanan Katz decided to reside in the Boston area. With the money in his pocket, Mr. Katz made his first real estate purchase and shortly thereafter had more than 2,000 apartment units in the Boston area.
Raanan Katz Miami Real Estate:
In 1979, Raanan decided to expand his operations to Miami—where he had a home since 1974—and make the switch to commercial real estate. He purchased a block of retail stores basically as a hobby investment, but soon enough, he had such a great portfolio in commercial real estate in the South Florida area. He already had an office in the Boston area, but decided that—in 1991—that he would like to open a Miami office and manage his local properties more effectively.
While Raanan Katz was pushing forward in the commercial real estate industry, he was also re-establishing his professional relationship with basketball. In fact, in 1986 he became a partner in the Miami Heat expansion. He has also been a Limited Partner of the Heat since 1988 with a goal to continuously develop the team. So he has continued to stay true to his roots in basketball, supporting the sport in every way possible—all while growing his company.
Today RK Associates or RK Centers is one of the top commercial real estate companies in the industry, with over 6 million square feet of acquired commercial real estate properties. Not only that, the company is strong and continues to grow because of its conservative borrowing practices, borrowing practices that have ensured that RK Associates remain one of the more stable shopping center operators in the industry.
This blog is dedicated to the bustling real estate market of the Miami, Fort Lauderdale area. The website will focus on commercial real estate with aspects of other sectors of the industry added when felt needed.