FOUNDER & CEO
Ricardo Dunin is the Founder & CEO of Oak Capital. He has over 35 years of experience in the Miami, Caribbean and Brazilian real estate markets.
Prior to Oak Capital, Dunin was a founding partner of Lionheart Capital and was responsible for the development of two The Ritz-Carlton Residences in Florida, one in Miami Beach and another in Singer Island in Palm Beach, with a collective sellout of nearly a $1 billion. In 2022 Dunin, under Oak Capital, joined forces with Fortune International Group to develop his third Ritz-Carlton Residences, this time in Pompano Beach, which is scheduled to be delivered in 2025 and has a sellout of about $600 million.
Recently, Dunin’s Oak Capital joined forces with Edifica, a Peruvian real estate developer, builder and fund manager, with the mission of developing condo buildings that are short-term rentals friendly nationwide. This new company, North Development Group, has a focus on quality and innovation, aiming to set itself apart in the marketplace and to become a trusted name in the hospitality industry. Utilizing its new brand “Domus FLATS” (Flexible Apartments for Temporary Stays), North Development already launched its first building in the Brickell neighborhood.
Dunin also owns The Flagler Group. Founded in 1996, Flagler is a Miami-based, multi-faceted real estate development company, which developed the Miami Airport Center and became the pioneer of the condo-hotel concept in South Florida in the late 90’s, with The Mutiny and of the Sonesta Bayfront Hotel Coconut Grove (now Arya Hotel).
Other high-profile Dunin projects include: The Meridian, an ultra-modern building of 111 luxury lofts in South Beach and Le Sereno, a beachfront resort designed by Parisian designer Christian Liaigre in St. Barth.
In Brazil, Dunin is a partner of Performance Empreendimentos Imobiliarios, a condo, office, and hotel development company headquartered in Rio de Janeiro. Founded in 2002, Performance has been involved in about one billion dollars of development work.