Inside the Daily Routine of Miami Real Estate Mogul Erik Rutter

Erik Rutter, co-founder of Oak Row Equities, is developing six mixed-use projects in Miami, including a 41-story office and multifamily building. His firm is adding 950 units to Miami's rental market through its various projects.

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Aqsa Younas Rana
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Inside the Daily Routine of Miami Real Estate Mogul Erik Rutter

Inside the Daily Routine of Miami Real Estate Mogul Erik Rutter

Count Erik Rutter, the 31-year-old co-founder of Oak Row Equities, is making waves in Miami's real estate scene. His firm, formerly known as Carpe Real Estate, is developing six mixed-use projects in the city, including a 41-story office and multifamily building at 2600 Biscayne Boulevard after securing a $181 million construction loan from Bank OZK.

Rutter, who splits his time between New York and Miami, aims to "sleep where he builds" in Edgewater, where Oak Row is developing two luxury rental properties. The firm, founded by Rutter and his partner David Weitz in 2018, is adding 950 units to Miami's rental market through its various projects.

"I have a very precious morning routine," Rutter shares. "It's definitely a ritual." He wakes up at 5:45 a.m. every weekday, starting his morning with a double espresso while reviewing his inbox and calendar.

After an hour at the gym focusing on strength training or running, Rutter plays padel with his partners David Weitz, Perry Weitz, and a rotating fourth person. "Winning in the morning sets your day up for success," he notes, referring to the competitive racquet sport matches.

Arriving at the office in Wynwood around 9:15 a.m., Rutter spends 45 minutes reviewing his inbox before diving into an internal acquisitions and asset management pipeline meeting. His afternoons are filled with meetings and calls related to Oak Row's projects, including discussions with lenders, interior designers, architects, and the development team.

Rutter's day often concludes with networking and relationship-building activities. He meets with other developers for drinks and dinner with investors, providing market insights and discussing potential opportunities. The young real estate mogul's favorite spot for lunch is Pastis in the Wynwood neighborhood. "The bread at Pastis is the best in Miami," he raves.

With a disciplined routine and a keen eye for opportunity, Erik Rutter is making a significant impact on Miami's real estate landscape. As Oak Row Equities continues to develop mixed-use projects across the city, Rutter's influence and success in the industry are poised to grow even further.

Key Takeaways

  • Erik Rutter, 31, co-founded Oak Row Equities, developing 6 mixed-use projects in Miami.
  • Oak Row secured a $181 million construction loan for a 41-story office and multifamily building.
  • Rutter aims to "sleep where he builds" in Edgewater, where Oak Row is developing 2 luxury rentals.
  • Oak Row is adding 950 units to Miami's rental market through its various projects.
  • Rutter's disciplined routine includes morning exercise, padel, and meetings to drive his real estate success.