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.A Day in Miami Website:https://adayinmiami.com/Manny Alfonso:Instagram: https://www.instagram.com/mannyalfonso8/Kiko Suarez:Instagram: https://www.instagram.com/querikoconkiko/Eduardo Moya:Instagram: https://www.instagram.com/mr_moya/Follow Us! - A Day in Miami:Instagram: https://www.instagram.com/adayinmiami/Listen on Spotify:https://open.spotify.com/show/20WEys6jxiliBCLoo9iSID________________________Produced by: Ben SchwedeInstagram: https://www.instagram.com/benthecreatorrr/0:00 Intro2:13 Henry’s Seafood Business 6:04 Selling His Business for Almost 9-Figures11:42 Figuring Out What to Do After the Exit13:25 Getting Into Development18:04 Surviving the Financial Crisis19:25 How He Picks Locations for the Buildings21:44 Affordability Issue23:08 Havana Enclave25:59 Amenities30:48 Available Units and Layout33:28 Which Areas Have Potential38:10 Is Miami Growth Slowing Down?39:40 Why More People from NY and California Will Keep Coming to Miami42:55 How COVID Impacted Miami Real Estate45:57 High Interest in Their New Project47:12 Flagler Enclave48:10 Biggest Challenge He Faced and Gratitude for Mentors50:08 Advice for Young Entrepreneurs52:45 Top 3 Restaurants55:59 Outro