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Miami developer plans to build 8,000 apartment units a year

August 2, 2022


Ernesto Lopes has ambitious plans.

Lopes, the president and CEO of Miami-based developer Resia (formerly known as AHS Residential), wants to deliver 8,000 new apartments in the Sun Belt annually by 2025. If the company had built that many apartments in 2021, it would have ranked No. 3 on the National Multifamily Housing Council’s Top 25 developers.

Resia, which entered the Dallas metro with the 336-unit Resia Dallas West, aims to provide moderately priced new housing without government subsidy. “We are solving one of the major issues that the country faces, which is housing affordability,” Lopes told Multifamily “There is a huge need for what we’re doing. So we’re very bullish on the demand for our product.”

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