For years, Miami has served as the entry point for investments flowing into Latin America. Now, a new wave of developers is sourcing capital from even more distant corners of the globe, truly globalizing South Florida’s real estate landscape.
Among these forward-thinking developers are Michael Shvo, Gil Dezer, and Isaac Toledano, who are at the helm of some of the region’s most ambitious and creatively funded ventures.
Shvo, for instance, is driving forward with three ongoing projects on Miami Beach, partnering with Deutsche Finance and a consortium of German institutional pension funds to transform the Raleigh, South Seas, and Richmond hotels at 1751, 1757, and 1775 Collins Avenue into a 60-key hotel and a 42-unit condominium complex.
Meanwhile, Dezer is the driving force behind some of Miami’s most iconic undertakings, including the Porsche Design Tower. He’s gained a reputation for attracting buyers from all corners of the globe, funneling European investments into Miami well before it became a popular trend.
On the other hand, Toledano’s BH Group has made a splash on the South Florida scene with an array of significant projects and strategic partnerships, including collaborations with the esteemed Related Group. By securing financing from Israeli billionaire Teddy Sagi, Toledano’s group has been able to kickstart endeavors such as the redevelopment of North Miami’s long-shuttered White House Inn and the Transit Village mixed-use development in West Palm Beach.
