Related Group has bought into Wynwood 25, a residential rental project in Wynwood, a neighborhood in which Jorge Perez has previously called "very hot." Wynwood 25 will now be a joint venture between Related Group and East End Capital, a New York based real estate developer. Wynwood 25 will feature 289 micro-units which will range from 400 SF to 1,200 SF and prices starting at $1,400 per month. 80% of the units will be priced under $2,000. The building will be designed by Kobi Karp and will also feature 31,000 SF of ground floor retail and 340 parking spaces. Groundbreaking is expected for summer 2017.