What does it take to build real conviction when nothing is handed to you?
In this episode of Common Denominator, I sit down with Jay Roberts, founder of Prosper Group, for a conversation that starts with adoption, adversity, and identity—and expands into ambition, resilience, and the future of Miami real estate. Jay shares how being born in South Korea, adopted into a modest American household, and growing up feeling like an outsider shaped the work ethic and entrepreneurial drive behind his success.
We get into the mindset behind betting on yourself, leaving the comfort of a strong career, raising capital, building in Miami, and why Jay believes waterfront real estate—and neighborhoods like North Bay Village—still hold major upside. We also talk interest rates, global capital, Miami’s evolution, and what separates long-term winners from everyone else chasing the moment.
This is a conversation about drive, timing, belief, and building something bigger than yourself.
Timestamps:
00:00 The Rise of Miami's Real Estate Market
01:44 Jay Roberts: A Journey from Adoption to Success
07:38 Transitioning to Real Estate: The Entrepreneurial Spirit
10:43 The North Bay Village Development
12:37 Miami's Real Estate Landscape: Supply and Demand
14:07 The Future of Miami: A Global Market
18:26 Construction Challenges and Opportunities
20:06 Property Taxes and Government Policies
22:07 Interest Rates and Their Impact on Real Estate
24:49 Miami's Growth: A Bright Future Ahead
27:39 International Investment in Miami's Real Estate
29:39 Debt Market Dynamics in Miami
31:07 Buyer Protections and Market Stability
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