AVENTURA, Fl—Fontainebleau Development has named veteran real estate executive Bruce Weiner as COO of residential development. In his new role, Weiner will oversee all residential business at Fontainebleau Development, a locally-based real estate development and hospitality firm.
"We are delighted to welcome back such a talented leader to Fontainebleau Development's team. After achieving unparalleled success on prior projects, we are confident that Bruce's industry knowledge, strong leadership skills and connections will greatly enhance all our residential developments," says Jeffery Soffer, chairman and CEO of Fontainebleau Development. "Bruce's 40 years of international real estate success is unparalleled in the industry and we know our partners are eager to work with him."
Weiner is a recognized leader in the "for sale" real estate development industry. Through the course of his career, Weiner has been a driving force behind the development and ultimate sale of 19,000 luxury condominiums and condominium-hotel residences valued in excess of $20 billion.
"Fontainebleau Development is one of the most respected companies in the country. I am excited to work with Jeff Soffer once again as we build and expand a professional executive development organization. Our group is looking forward to tremendous successes ahead with many incredible plans for future developments," said Bruce Weiner, Chief Operating Office of Fontainebleau Development.
Weiner is a principal of real estate development and management firm Weiner, Volrath & Partners of Fort Lauderdale. From 1997 until mid-2004, Weiner held senior positions with various Turnberry-related entities where he supervised major developments under the Turnberry brand. Beginning in August 2004 and continuing through May 2010, he oversaw all condominium developments undertaken by Turnberry's residential division. During this period, Weiner was involved in the development of 18 luxury residential towers developed by Turnberry, resulting in sales of more than $4 billion.
Fontainebleau Development's current assets include the Fontainebleau Miami Beach, JW Marriott Turnberry Resort & Spa, JW Marriott Nashville, Hilton Downtown Nashville, SoLeMia Miami, and numerous residential properties such as Turnberry Ocean Club, Turnberry Ocean Colony, Porto Vita, the Tresor and Sorrento towers at Fontainebleau Miami Beach.
The firm's luxury services division includes Fontainebleau Aviation, Turnberry Marina, Turnberry Isle Country Club, as well as of the highest grossing and well-known food, beverage, and wellness destinations in the world.
Last week, Fontainebleau Development secured a $460-million floating rate loan for the refinance of its 54-story Turnberry Ocean Club condominium tower in Sunny Isles, FL.
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