Witkoff
Witkoff Group is a privately held, global real estate investment and development firm with offices in New York City, Miami and Los Angeles to bring inventive thinking to a traditional industry. Founded by Steven Witkoff in 1997, the firm is a market leader in the ownership and development of premier residential, hospitality, office, retail and mixed-use projects in major cities both in the United States and abroad. Witkoff specializes in identifying and acquiring undervalued properties in key central business district locations as well as assets with strong repositioning potential in gateway markets to establish a new typology that adds value and creates trailblazing products for incredible returns. Leveraging a vertically integrated, operationally focused approach to project development, with in-house teams focused on acquisitions, financing, design, development, construction, sales and marketing, and asset and property management, Witkoff has consistently executed creative strategies across diverse asset classes.
Executives:
CEO: Alex Witkoff
Founder: Steve Wiktoff
Current Projects
The Shore Club Resort & Residences, Auberge Resorts Collection (Miami Beach)
Past Portfolio / Completed Projects:
Coming Soon…
Recent Developer and Project Updates by PROFILEmiami
Witkoff Group and PPG Development announced that The Residences at Shell Bay, a new Auberge-branded condominium inside the private 150-acre, Mediterranean-inspired Miami enclave, has gone vertical, with the first few levels of the 20-story tower now complete.
On the heels of securing a $273 million construction loan, Witkoff Group and PPG Development have officially broken ground on The Residences at Shell Bay, a new condominium set within a 150-acre Mediterranean-inspired enclave.
Access Real Estate and Witkoff have opened The Belgrove Resort & Spa, Autograph Collection in West Palm Beach as part of Marriott International. Opening on December 18, The Belgrove Resort & Spa is located along Lake Mangonia just 10 minutes from the heart of Palm Beach.
Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.
Witkoff, in collaboration with Access Industries, and Pyramid Global Hospitality, has signed an agreement with Marriott International to open The Belgrove, Autograph Collection in Palm Beach complete with a renovation of the Dutchman’s Pipe golf course.
Shell Bay, an exclusive 150-acre golf destination in South Florida first catapulted onto the world stage with its eye-popping $1 million+ club membership invitation fee, has revealed The Shell Bay Yacht Club, a private 48-slip marina, featuring two 55-foot houseboats available for charters.
Auberge Resorts Collection, an award-winning portfolio of one of-a-kind luxury hotels, resorts and residences, has been appointed by the Miami-based developer Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach.
The Residences at Shell Bay, the world-class, 150-acre enclave in the Miami region, has seen over $100 million in sales at the 20-story, 108-residence condominium tower, following the opening of the ultra-private Shell Bay Club in October. The Shell Bay Club is South Florida's first and only new golf club in over 25 years.
Witkoff has revealed ‘Beach House at The Shore Club Private Collection’, a one-of-a-kind oceanfront Robert A.M. Stern-designed home within The Shore Club Private Collection five star resort. The $37.5 million Beach House spans 8,237 SF spread over 4 bedrooms, 4 bathrooms, 3 powder rooms and staff quarters.
Witkoff Group, a Miami-based development and investment firm, and Monroe Capital, a premier asset management firm, have closed on a $430 million construction loan for Shore Club Private Collection, which is on track to be one of the fastest-selling luxury developments in Miami Beach’s history. Financed by J.P. Morgan, the loan is believed to be the largest for a residential construction project in South Florida.
Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years.
For decades the Shore Club hotel has been an iconic presence on Miami Beach, a three-acre playground in the sand known all over the world. Now the Shore Club’s exciting future as a centerpiece of South Beach for the next century takes a major step forward with the launch of the Shore Club Private Collection, 49 residences designed by Robert A.M. Stern Architects.
The iconic real estate investment and development firm, Witkoff, who recently announced Auberge Shore Club and is planning three mixed-use towers in Miami Worldcenter, has listed a waterfront lot on North Bay Road for $19.95 million. The property comes with approved permitted plans by star architect Kobi Karp, whose vision calls for seven beds, nine baths on the lot with 100 linear feet of west facing waters to indulge in Miami’s famous sunsets.
Witkoff and Monroe Capital have announced a partnership with world renowned Robert A.M. Stern Architects to restore and redevelop the iconic Shore Club Hotel at 1901 Collins Avenue in Miami Beach. On November 15th, 2021, Witkoff and Monroe Capital filed an application with the City of Miami Beach for approval by the Historic Preservation Board.
The New York City-based real estate investment group Witkoff and the Chicago-based Monroe Capital have acquired the site of the now cancelled Marriott Marquis Miami Worldcenter from MDM Group for $94 million. The 4.7 acre site is located at 700 North Miami Ave.
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Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach.