Jeffrey Soffer Net Worth is$1 Billion
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Jeffrey Soffer net worth: Jeffrey Soffer is an American real estate developer who has a net worth of $1 billion. Jeffrey Soffer is the son of Donald Soffer who is the founder of Florida real estate empire Turnberry Associates. The elder Soffer made his first real estate fortune after developing Aventura, which would eventually grow into one of the wealthiest communities in Florida. Today Turnberry associates has real estate projects in cities across the United States including Las Vegas, Orland and Arlington. They also have a project on Paradise Island in the Bahamas. Turnberry builds and manages condos, shopping centers and commercial offices. To date they have developed 20 million square feet of retail space, 1.5 million square feet of office space, 2000 hotel rooms and more than 7000 condos. In total, Turnberry has developed more than $7 billion worth of property worldwide. Jeffrey Soffer currently serves as the company's Chairman and CEO. More recently, Soffer became famous for being engaged to supermodel Elle Macpherson who is actually six years his senior. Jeffrey Soffer made headlines in November 2012 after he narrowly survived a helicopter crash in the Bahamas that claimed the life of his friend. Soffer suffered a fractured vertebrae and a few broken bones.
Fontainebleau Resorts, LLC, is a resort-hotel company started by South Florida real estate developers Turnberry Associates and the Plant family in 2005 after their purchase of the famous Fontainebleau Hotel in Miami Beach, Florida. The two families each hold a 50% stake in the company. The company is based in Las Vegas, Nevada.
The company is headed by Turnberry Principal, Jeffrey Soffer, PLANTworldwide owner Brett Plant,and former Mandalay Resort Group President, Glenn Schaeffer. The company currently has several ongoing hotel and condominium development projects in Miami Beach and Las Vegas, with several more on the way, and Schaeffer has suggested that Fontainebleau will go public in order to raise money for their multi-billion dollar development plans.[citation needed]
On April 17, 2007, Publishing and Broadcasting Limited (now Crown Limited) announced that it had entered into an agreement to acquire 19.6% of Fontainebleau Resorts for US$250 million.[citation needed]
Schaeffer is no longer with the company.

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Jeffrey Soffer Latest News

Brookfield Is in Talks to Sell Florida Resort to Developer Soffer

An Brookfield Asset Management Inc. affiliate is in talks to sell the Diplomat Beach Resort, a 1,000-room hotel in Hollywood, Florida, to real estate developer Jeff Soffer, according to people with ...
Posted: October 7, 2019, 1:20 pm

Jeffrey Soffer in talks to buy 1,000-room Diplomat Beach Resort for under $1B: report

Brookfield Asset Management is in talks to sell its 1,000-room resort in Hollywood to developer Jeffrey Soffer in a deal that would value the property at under $1 billion. Brookfield subsidiary Thayer ...
Posted: October 7, 2019, 2:30 pm

Hurricane Irma won't affect Florida real estate prices, says billionaire developer

The damage by Hurricane Irma in Florida is not as bad as it could have been, billionaire real estate developer Jeff Soffer told CNBC on Monday. These kinds of storms don't happen often and Florida is ...
Posted: September 10, 2019, 5:00 pm

Elle Macpherson Gets Hitched To Jeffrey Soffer!

Congratulations are in order for Elle Macpherson and Jeffrey Soffer! Although not many details have been disclosed as of yet, sources close to the duo have confirmed to US Weekly that the model and ...
Posted: August 4, 2019, 5:00 pm

Brookfield in talks to sell 1,000-room Diplomat Beach Resort to Florida real estate giant

An Brookfield Asset Management Inc. affiliate is in talks to sell the Diplomat Beach Resort, a 1,000-room hotel in Hollywood, Florida, to real estate developer Jeff Soffer, according to people with ...
Posted: October 7, 2019, 5:40 pm
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