March 28, 2025 - 21:12

In a surprising move, billionaire Jorge Pérez made a bold decision regarding his son Jon Paul’s career path. Rather than immediately welcoming him into the family real estate business, Pérez insisted that Jon Paul gain valuable experience by working for another company. This unconventional approach was designed to teach his son the importance of hard work and independence before stepping into a leadership role.
Years later, this strategy proved to be a wise investment in Jon Paul's future. After accumulating experience and expertise in the industry, he has now ascended to the position of CEO of the family-owned firm. Pérez's decision to delay Jon Paul's entry into the business allowed him to develop a broader understanding of the real estate market and build essential skills that would benefit the company in the long run.
This father-son dynamic highlights the significance of mentorship and the value of learning from diverse experiences in preparing the next generation for leadership.
December 14, 2025 - 21:21
Babson College Unveils New Institute Focused on Real Estate and EntrepreneurshipWELLESLEY, Mass.—This fall, Babson College has introduced a groundbreaking Institute for Real Estate and Entrepreneurship, marking a significant step forward in its commitment to merging business...
December 13, 2025 - 08:05
Archena Alagappan Joins Neuberger Berman as Associate Portfolio ManagerNeuberger Berman Real Estate Securities Income Fund Inc. has appointed Archena Alagappan as the new Associate Portfolio Manager. In her role, Alagappan will contribute to the management of the Fund...
December 12, 2025 - 20:24
Recent Real Estate Transactions on Shelter IslandIn the latest real estate updates from Shelter Island, several notable transactions have taken place, reflecting the ongoing activity in this picturesque community. John Sieni has sold a property...
December 12, 2025 - 07:29
The Future of Real Estate: Embracing Transparency for ChangeThe real estate industry has long been characterized by its complexity, often resulting in hidden costs that can surprise both buyers and sellers. As the market evolves, there is a growing...