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FIRC Group Asheville History Top
About FIRC Group

Honesty, Integrity, Respect, and Service

Family-owned and operated since 1979, FIRC Group, Inc. is a commercial real estate development and hospitality company. We have acquired a distinguished reputation for hotel and restaurant development, retail development, residential development, office leasing and property management.
Before Antonio Fraga founded the Fraga International Realty Company (FIRC), he spent ten years working with IBM. Since then, Mr. Fraga has led FIRC Group through phenomenal growth for over 42 years. Alex Fraga, son of Antonio Fraga, has been an integral part of FIRC Group's success, holding various positions since 1995 and becoming a partner in 2002.
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History of FIRC Group Asheville
How FIRC Group Asheville Started

How It All Started

After working at IBM for ten years, Antonio O. Fraga, Sr. moved to Miami (1972) and started his own business. Primarily, his idea was to create a computer business. But Fraga quickly decided to become a real estate developer once he noticed the real estate boom in the area.
The Success Beginning of FIRC Group Asheville

The Beginning of Success

In 1975, due to the oil crisis, Fraga lost his investments and started over from scratch. With an old friend, Fraga again started investing in real estate and the business soon flourished. He purchased his first shopping center (17,05,000 sq. ft.) in Homestead, Florida. FIRC Group has been a successful enterprise ever since, with numerous developments in Florida and North Carolina.

America’s Future

"Mixed-use developments are America's best option if we're going to declare our independence from foreign sources of energy. We need to live in places where we can walk to work, to shop, and to recreate. This means designing true urban villages and building up in existing city centers."
Tony Fraga