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

$100M lawsuit over Bahamas chopper crash dismissed

The wrongful death lawsuit filed against real estate mogul Jeffrey Soffer by the widow of attorney Lance Valdez was dismissed last week by a Miami-Dade County judge. A previous federal lawsuit was withdrawn. Soffer owns the Fontainebleau Hotel in Miami ...
Posted: September 1, 2014, 12:13 am

Court Dismisses Helicopter Accident Lawsuit Against Billionaire Jeffrey Soffer

On Monday, the 11th Judicial Circuit Court in Florida dismissed the lawsuit filed against Turnberry Associates chairman and Fontainebleau owner Jeffrey Soffer and others, over a helicopter accident in 2012 in the Bahamas. The case was filed earlier this ...
Posted: August 26, 2014, 6:15 am

Judge dismisses lawsuit over U.S. businessman's Bahamas copter crash

MIAMI (Reuters) - A U.S. judge dismissed a federal lawsuit on Monday that was filed against Florida businessman Jeffrey Soffer over a 2012 helicopter accident in the Bahamas that killed an American lawyer and injured four people. Soffer, husband of ...
Posted: August 25, 2014, 8:01 pm
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