We are guided by integrity in all that we do, consistently reinforcing the trust our clients, partners, and colleagues put in one another to lay the foundation for honesty and long-term success.
About Us
PMG has spent over three decades passionately transforming skylines with purpose.
Our team is driven daily by the idea of fostering transcendent developments, leading to the creation of iconic structures and meaningful developments throughout the country.
Since its founding in 1991 by Kevin Maloney, Property Markets Group (PMG) has evolved from a local real estate operator in New York City into a highly acclaimed national investment, development, and asset management firm. Led by Managing Partners Ryan Shear and Dan Kaplan, the firm has garnered acclaim for its expertise in crafting new construction developments across major markets such as Florida, New York, Colorado, South Carolina, Tennessee, and Georgia. It currently holds an extensive portfolio of 175 projects, with more than 10,000 residential units and over 18 million square feet of development in total across the country. PMG’s Society Living multi-family brand pipeline additionally extends nationwide to Atlanta, Brooklyn, Denver, Fort Lauderdale, Miami, Orlando, and Nashville, with more locations to be announced.
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With an in-house team trained to manage the full development life-cycle, including land use and acquisitions, financing and accounting, design and construction, asset management, marketing, sales and leasing, and legal oversight, the firm is well equipped to take on large-scale developmental visions, seamlessly and efficiently bringing them to fruition. Additionally, PMG’s Affordable Housing and commercial divisions are expanding nationally to deliver more housing options to neighborhoods with the greatest need.
Founded in 2021, PMG Residential was formed as PMG’s in-house brokerage division with a primary mission of managing PMG’s diverse portfolio of for-sale residential developments. PMG Residential is responsible for a total sales solution and adapting to market changes to provide immediate return for each development.
Our Capabilities
Acquisitions
We have a firm knowledge of the best practices for acquiring deals. We move quickly and work hard to close on and secure good deals.
Re-Positioning
In today’s ever-changing real estate climate, we are keen to improve asset performance to create more competitive projects.
Construction Management
Our skilled and experienced team ensures we deliver developments, on time, and on budget.
Asset Management
Expedience should not end for residents upon a project’s completion. We ensure all projects operate efficiently and deliver world-class service.
Sales and Leasing
It is our philosophy that we fill our buildings with happy residents. We strive to pair residents with their dream homes.
Our History
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Propertymarkets group
Kevin Maloney
establishes PMGFirst Manhattan
Headquarters
64th & Central Park W
81 Riverside Drive
Capital Improvement
ProgramCitylife Hotel Group
The Habitat
& On The AveHotel 57
Pre-War Residential
ConversionsThe Concession
MEI
PMG Asset Relief
Group
PMG Opens Miami Office
111 West 57th Street
Walker Tower
Stella Tower
Queens Plaza South
Sage Beach
Echo Aventura
Echo Brickell
X Miami
Muse
Society Las Olas
Sage Longboat
Key Residences
E11EVEN®
Hotel & ResidencesWaldorf Astoria Hotel
& Residences Miami
E11EVEN®
Residences Miami BeyondOne Park Sarasota
West Eleventh
Residences MiamiSage Residences
Fort Lauderdale
One Twenty Brickell
ResidencesOne Park West
Sarasota
One West Twelve
ResidencesSociety Orlando
Society Wynwood
- 1991INFOINFO
Kevin Maloney
establishes PMGKevin Maloney leaves Head of Real Estate position at a savings and loan to start development company. The name Property Markets Group was chosen by surveying his colleagues from a list of industry terms.
- 1991INFOINFO
First Manhattan
HeadquartersThree initial partners establish an office at 42nd St and 2nd Ave, working off card tables with computers networked by wiring built in a neighboring garage.
- 1992INFOINFO
64th & Central Park W
PMG acquires it’s first condominium project from foreclosure and successfully re-positions for sale.
- 1993INFOINFO
81 Riverside Drive
A member of the British rock band Cream dispossessed the residential asset to PMG for renovation and profitable resale.
- 1996INFOINFO
Capital Improvement
ProgramDuring the late 90s, PMG executed over 25 residential projects leveraging J-51 tax abatement programs for major capital improvements.
- 1999INFOINFO
Citylife Hotel Group
The Martha Washington SRO is converted to Hotel Thirty Thirty, establishing PMG’s strategy to provide budget-conscious travelers with stylish accommodations in historic locations.
- 2000INFOINFO
The Habitat
& On The AveContinuing to reposition outdated Manhattan hotels, The Broadway American Hotel is reconstructed to become On The Ave, and the Allerton Hotel becomes the Habitat.
- 2001INFOINFO
Hotel 57
With over 1,000 hotel units comprised vitalized hotel residences from the early 1900’s, PMG opens Hotel 57, which remains a top hotel in midtown Manhattan.
- 2003INFOINFO
Pre-War Residential
ConversionsA series of residential pre-war condominium conversion projects includes The Belnard, The Kingsley, The Briarcliffe, Herald Towers, 190 Riverside Drive and The Hermitage.
- 2005INFOINFO
The Concession
The Concession country club and private residential community in Bradenton, Florida sells out 255 homesites with a Jack Nicklaus Signature Golf Course on the Gulf Coast.
- 2007INFOINFO
MEI
PMG’s expansion into Florida continues to the East Coast with an architecturally stunning new construction luxury condominium tower on Miami Beach.
- 2010INFOINFO
PMG Asset Relief
GroupThe PMG Asset Relief Group affiliated acquires, improves and sells over fifty distressed residential properties in suburban Chicago and South Florida.
- 2012INFOINFO
PMG Opens Miami Office
PMG established a permanent presence in the South Florida market under the leadership of Managing Partner, Ryan Shear.
- 2013INFOINFO
111 West 57th Street
In 2013 the next great chapter in Steinway Hall’s famous history was written. Property Markets Group and co-developer acquire the landmark building and adjacent lot to build a one-of-a-kind, bold yet slender skyscraper in custom-cast terra cotta, bronze, and glass, designed by SHoP architects with interiors by Studio Sofield.
- 2014INFOINFO
Walker Tower
Originally designed by famed architect Ralph Walker and completed in 1929, PMG transformed the prestigious 24-story Chelsea building into 47 luxury residences.
- 2015INFOINFO
Stella Tower
As with Walker Tower, PMG kept Ralph Walker’s modernist vision for the facade and Art Deco ornamentation when converting this Hell’s Kitchen masterpiece to impeccable residences.
- 2015INFOINFO
Queens Plaza South
Minutes from Manhattan rises Long Island City’s premier luxury apartment community.
- 2016INFOINFO
Sage Beach
In the first of many collaborations with famed architect Carlos Ott, the boutique Saga Beach residences opens on a pristine stretch of Hollywood Beach (FL) sand.
- 2016INFOINFO
Echo Aventura
The wave-like architecture of Echo Aventura inhabits a modern waterfront Oasis, solidifying PMG’s reputation as South Florida’s premier luxury condominium developer.
- 2017INFOINFO
Echo Brickell
Miami’s most exciting neighborhood gets a timeless architectural gem in Echo Brickell’s soaring curvature.
- 2018INFOINFO
X Miami
PMG makes a grand entry to the co-living market with a winning combination of attainable rents, oversized amenities and resident event programming.
- 2019INFOINFO
Muse
Joining Sage Beach, Echo Brickell and Echo Aventura, the twisting spire of Muse Sunny Isles marries the architectural genius of Carlos Ott with exclusive waterfront luxury.
- 2020INFOINFO
Society Las Olas
The showpiece of the Society Living multifamily portfolio shines over Downtown Fort Lauderdale with stunning finishes, rent-by-bedroom options, convenient technology and industry-topping amenity spaces.
- 2020INFOINFO
Sage Longboat
Key ResidencesPMG launches the 16-unit boutique beachfront condo community with design focused on wellness along 260 feet of pristine white sand.
- 2021INFOINFO
E11EVEN®
Hotel & ResidencesE11even partners with PMG to create a premier hotel and residences in Downtown Miami. The property will feature a spa by Deepak Chopra, day club, sports lounge and several fine dining restaurants.
- 2021INFOINFO
Waldorf Astoria Hotel
& Residences MiamiPMG launches this iconic 100-story tower designed by world renowned architect Carlos Ott. Once complete, Waldorf Astoria Miami will be the tallest residential tower south of Manhattan and will feature panoramic views of Biscayne Bay.
- 2022INFOINFO
E11EVEN®
Residences Miami BeyondPMG and E11EVEN Partners launch E11EVEN Residences beyond in response to incredibly high demand and record-breaking sales success on E11EVEN Hotel & Residences. In addition to the first tower’s amenities, owners will have access to private facilities including a helipad, culinary concepts by Riviera Dining Group, and a dual-level pool deck with terrace bar & lounge.
- 2022INFOINFO
One Park Sarasota
PMG launches One Park Sarasota within Downtown Sarasota’s Quay waterfront district. One Park offers an idyllic location across a 53-acre park and over 63,000 square feet of resort-style amenities.
- 2023INFOINFO
West Eleventh
Residences MiamiWest Eleventh launches as the first centrally managed luxury condo residences to grant owners the option to host 365 days on Airbnb. The tower will feature a tri-level experiential entertainment venue with a signature supper club and a vibrant amenity level with a resort style pool.
- 2023INFOINFO
Sage Residences
Fort LauderdaleNestled along 200 linear feet of Fort Lauderdale’s intracoastal waterway, each residence offers panoramic, unobstructed views- seamlessly blending the city’s dynamic skyline with the boundless beauty of the ocean- all while protected on the land side by the tropical Bonnet House Museum & Gardens.
- 2024INFOINFO
One Twenty Brickell
ResidencesInspired by the dynamic neighborhood it calls home, One Twenty Brickell Residences are designed with Brickell’s vibrant atmosphere at its core. As a first-of-its-kind offering, each luxury residence will be accompanied by a dedicated office suite.
- 2024
- 2024
- 2024
- 2024
- INFO
Kevin Maloney
establishes PMGKevin Maloney leaves Head of Real Estate position at a savings and loan to start development company. The name Property Markets Group was chosen by surveying his colleagues from a list of industry terms.
- INFO
First Manhattan
HeadquartersThree initial partners establish an office at 42nd St and 2nd Ave, working off card tables with computers networked by wiring built in a neighboring garage.
- INFO
64th & Central Park W
PMG acquires it’s first condominium project from foreclosure and successfully re-positions for sale.
- INFO
81 Riverside Drive
A member of the British rock band Cream dispossessed the residential asset to PMG for renovation and profitable resale.
- INFO
Capital Improvement
ProgramDuring the late 90s, PMG executed over 25 residential projects leveraging J-51 tax abatement programs for major capital improvements.
- INFO
Citylife Hotel Group
The Martha Washington SRO is converted to Hotel Thirty Thirty, establishing PMG’s strategy to provide budget-conscious travelers with stylish accommodations in historic locations.
- INFO
The Habitat
& On The AveContinuing to reposition outdated Manhattan hotels, The Broadway American Hotel is reconstructed to become On The Ave, and the Allerton Hotel becomes the Habitat.
- INFO
Hotel 57
With over 1,000 hotel units comprised vitalized hotel residences from the early 1900’s, PMG opens Hotel 57, which remains a top hotel in midtown Manhattan.
- INFO
Pre-War Residential
ConversionsA series of residential pre-war condominium conversion projects includes The Belnard, The Kingsley, The Briarcliffe, Herald Towers, 190 Riverside Drive and The Hermitage.
- INFO
The Concession
The Concession country club and private residential community in Bradenton, Florida sells out 255 homesites with a Jack Nicklaus Signature Golf Course on the Gulf Coast.
- INFO
MEI
PMG’s expansion into Florida continues to the East Coast with an architecturally stunning new construction luxury condominium tower on Miami Beach.
- INFO
PMG Asset Relief
GroupThe PMG Asset Relief Group affiliated acquires, improves and sells over fifty distressed residential properties in suburban Chicago and South Florida.
- INFO
PMG Opens Miami Office
PMG established a permanent presence in the South Florida market under the leadership of Managing Partner, Ryan Shear.
- INFO
111 West 57th Street
In 2013 the next great chapter in Steinway Hall’s famous history was written. Property Markets Group and co-developer acquire the landmark building and adjacent lot to build a one-of-a-kind, bold yet slender skyscraper in custom-cast terra cotta, bronze, and glass, designed by SHoP architects with interiors by Studio Sofield.
- INFO
Walker Tower
Originally designed by famed architect Ralph Walker and completed in 1929, PMG transformed the prestigious 24-story Chelsea building into 47 luxury residences.
- INFO
Stella Tower
As with Walker Tower, PMG kept Ralph Walker’s modernist vision for the facade and Art Deco ornamentation when converting this Hell’s Kitchen masterpiece to impeccable residences.
- INFO
Queens Plaza South
Minutes from Manhattan rises Long Island City’s premier luxury apartment community.
- INFO
Sage Beach
In the first of many collaborations with famed architect Carlos Ott, the boutique Saga Beach residences opens on a pristine stretch of Hollywood Beach (FL) sand.
- INFO
Echo Aventura
The wave-like architecture of Echo Aventura inhabits a modern waterfront Oasis, solidifying PMG’s reputation as South Florida’s premier luxury condominium developer.
- INFO
Echo Brickell
Miami’s most exciting neighborhood gets a timeless architectural gem in Echo Brickell’s soaring curvature.
- INFO
X Miami
PMG makes a grand entry to the co-living market with a winning combination of attainable rents, oversized amenities and resident event programming.
- INFO
Muse
Joining Sage Beach, Echo Brickell and Echo Aventura, the twisting spire of Muse Sunny Isles marries the architectural genius of Carlos Ott with exclusive waterfront luxury.
- INFO
Society Las Olas
The showpiece of the Society Living multifamily portfolio shines over Downtown Fort Lauderdale with stunning finishes, rent-by-bedroom options, convenient technology and industry-topping amenity spaces.
- INFO
Sage Longboat
Key ResidencesPMG launches the 16-unit boutique beachfront condo community with design focused on wellness along 260 feet of pristine white sand.
- INFO
E11EVEN®
Hotel & ResidencesE11even partners with PMG to create a premier hotel and residences in Downtown Miami. The property will feature a spa by Deepak Chopra, day club, sports lounge and several fine dining restaurants.
- INFO
Waldorf Astoria Hotel
& Residences MiamiPMG launches this iconic 100-story tower designed by world renowned architect Carlos Ott. Once complete, Waldorf Astoria Miami will be the tallest residential tower south of Manhattan and will feature panoramic views of Biscayne Bay.
- INFO
E11EVEN®
Residences Miami BeyondPMG and E11EVEN Partners launch E11EVEN Residences beyond in response to incredibly high demand and record-breaking sales success on E11EVEN Hotel & Residences. In addition to the first tower’s amenities, owners will have access to private facilities including a helipad, culinary concepts by Riviera Dining Group, and a dual-level pool deck with terrace bar & lounge.
- INFO
One Park Sarasota
PMG launches One Park Sarasota within Downtown Sarasota’s Quay waterfront district. One Park offers an idyllic location across a 53-acre park and over 63,000 square feet of resort-style amenities.
- INFO
West Eleventh
Residences MiamiWest Eleventh launches as the first centrally managed luxury condo residences to grant owners the option to host 365 days on Airbnb. The tower will feature a tri-level experiential entertainment venue with a signature supper club and a vibrant amenity level with a resort style pool.
- INFO
Sage Residences
Fort LauderdaleNestled along 200 linear feet of Fort Lauderdale’s intracoastal waterway, each residence offers panoramic, unobstructed views- seamlessly blending the city’s dynamic skyline with the boundless beauty of the ocean- all while protected on the land side by the tropical Bonnet House Museum & Gardens.
- INFO
One Twenty Brickell
ResidencesInspired by the dynamic neighborhood it calls home, One Twenty Brickell Residences are designed with Brickell’s vibrant atmosphere at its core. As a first-of-its-kind offering, each luxury residence will be accompanied by a dedicated office suite.
Kevin Maloney
Founder and Chief Executive Officer
Ryan Shear
Managing Partner
Dan Kaplan
Managing Partner
Kevin Maloney
Founder and Chief Executive Officer
Kevin Maloney has thirty years of direct experience in all aspects of managing over 175+ residential and commercial real estate partnerships. He advises on all facets of the company’s wide-spanning operations, including general strategy, contract negotiations, investment vetting, and procurement of capital resources. Under Kevin’s direction, PMG has grown to a premier national development firm. He has successfully transformed over 80 residential buildings in Manhattan alone from underutilized assets to highly profitable operating properties. Kevin has recently overseen the development of many renowned residential projects, including Walker Tower, Stella Tower, 10 Sullivan, 111 Leroy, 1 Queens Plaza South and 111 W 57th St.
Ryan Shear
Managing Partner
Ryan manages the development of a growing real estate portfolio with over $10B in assets, including all acquisitions, financing, construction, design, marketing, sales and operations. He began his career joining PMG in 2007. Ryan primarily focuses on new construction condo and multifamily high rises in urban cores, including Miami, New York, Orlando, Denver, Atlanta and more. Recent condo projects he’s spearheaded include Echo Aventura, Echo Brickell, Muse Sunny Isles, Sage Longboat Key Residences, E11EVEN@ Hotel & Residences, and the Waldorf Astoria Hotel & Residences Miami. Recent multifamily projects include X Miami, Society Las Olas, Society Biscayne, Society Orlando, and Society Wynwood. Ryan graduated with a BA in Business Administration from the Goizueta School of Business at Emory University in Atlanta.
Dan Kaplan
Managing Partner
Dan primarily oversees capital markets activities and corporate operations, as well as being one of three seats approving all new acquisitions. Since 2012, Dan has been instrumental in institutionalizing PMG’s development platform and team structure to scale operations for managing an approximately $7B pipeline of new construction residential assets.
Dan began his career in the investment banking division of JPMorgan working on large structured financings for institutional clients. While there, Dan executed many take-privates of public retail, office, multifamily, lodging and gaming companies. Following JPMorgan, Dan worked at Lehman Brothers post-bankruptcy on behalf of Alvarez and Marsal, largely responsible for restructuring and working out a portfolio of distressed debt and equity investments across real estate product types.
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