Early Life
Jeffrey Soffer was born in Miami Beach, Florida, in 1968. He is one of seven children of Donald Soffer, who developed the city of Aventura, Florida. Soffer attended the University of Miami but dropped out to pursue business ventures. He began working for his father at a young age, gaining experience in the real estate industry.
Rise to Success
Soffer's career took off when he joined his father's real estate firm, Turnberry Associates, in 1987. He quickly advanced within the company and was put in charge of new condo developments. In 2019, Jeffrey and his sister Jackie Soffer split the company, with Jeffrey founding Fontainebleau Development LLC. This move allowed him to focus on expanding the Fontainebleau brand.
Key Business Strategies
Soffer is known for his strategic vision and ability to identify and capitalize on opportunities in the real estate market. His key business strategies include:
- Luxury Focus: Developing high-end residential, hospitality, and retail properties, such as Fontainebleau Miami Beach.
- Brand Expansion: Expanding the Fontainebleau brand to new markets, leveraging its strong recognition.
- Strategic Investments: Investing in other businesses, including the Miami Dolphins, to diversify his portfolio.
Philanthropy
Soffer is involved in various philanthropic causes, showing a commitment to the Miami Beach community. His philanthropic efforts include support for the arts and culture, education, and social services. He has also supported groups battling cancer, like the Miami chapter of Susan G. Komen and the Sylvester Comprehensive Cancer Center at the University of Miami Health System. Soffer and his family donated approximately 15 million USD towards the construction of an indoor football practice facility for the University of Miami.