From $88 Million Seafood Biz Exit to Developing Miami's Future | Henry Torres

Affordable housing in Miami feels impossible — but Henry Torres of Astor Companies is doing something about it. In this episode the developer and former seafood mogul breaks down his two flagship projects, Havana Enclave and Flagler Enclave, and why he's committed to building homes Miami residents can actually afford in neighborhoods they actually want to live in.

He also covers his $88 million seafood company exit, what led him to development, how he survived the 2008 financial crisis, where Miami's real estate market is headed, and whether the city's growth is finally starting to slow down. Plus advice for young entrepreneurs and his top 3 Miami restaurants.

Miami needs more developers like this — and this episode shows you why.

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Produced by: Ben Schwede
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0:00 Intro
2:13 Henry’s Seafood Business
6:04 Selling His Business for Almost 9-Figures
11:42 Figuring Out What to Do After the Exit
13:25 Getting Into Development
18:04 Surviving the Financial Crisis
19:25 How He Picks Locations for the Buildings
21:44 Affordability Issue
23:08 Havana Enclave
25:59 Amenities
30:48 Available Units and Layout
33:28 Which Areas Have Potential
38:10 Is Miami Growth Slowing Down?
39:40 Why More People from NY and California Will Keep Coming to Miami
42:55 How COVID Impacted Miami Real Estate
45:57 High Interest in Their New Project
47:12 Flagler Enclave
48:10 Biggest Challenge He Faced and Gratitude for Mentors
50:08 Advice for Young Entrepreneurs
52:45 Top 3 Restaurants
55:59 Outro