The Real Deal Miami

Posts Tagged ‘jeffrey soffer’

  • Settlement approved in Turnberry’s Fontainebleau Las Vegas bankruptcy

    $27.5M deal resolves litigation against officers and directors
    January 23, 2015 05:47PM
    Jeffrey Soffer

    Jeffrey Soffer

    A Miami bankruptcy judge has approved a settlement in the litigation against former officers and directors of the Fontainebleau Las Vegas, topping off years of legal wrangling related to the failed project spearheaded by Aventura-based Turnberry Associates’ CEO Jeffrey Soffer.

    According to the settlement, approved by U.S. Bankruptcy Court Chief Judge Emeritus A. Jay Cristol, [more]

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  • Judge tosses wrongful death lawsuit against Jeffrey Soffer

    Woman filed $100M complaint over 2012 helicopter accident in the Bahamas
    August 26, 2014 11:15AM
    Jeffrey Soffer

    Jeffrey Soffer

    A judge in Miami dismissed the $100 million wrongful death lawsuit against billionaire developer Jeffrey Soffer over a 2012 helicopter accident in the Bahamas.

    Daria Gogoleva first sued Soffer in federal court in December 2013 on behalf of Lance Valdez, who was killed in the helicopter crash. She withdrew the complaint and refilled the suit in Miami-Dade Circuit Court in January. The Miami-Dade case was tossed on Monday. [more]

  • Soffer tower is 25th proposed in Northeast Miami-Dade

    Market, which includes Sunny Isles, has 10 months of available resale inventory
    April 15, 2014 12:00PM
    Peter Zalewski

    Peter Zalewski

    A 25th new condo tower was proposed for the Aventura and Sunny Isles Beach market in Northeast Miami-Dade County, increasing the total number of planned units for this market to more than 3,525 during the latest cycle.

    The latest developer to get into the mix in Sunny Isles is Jeffrey Soffer, who announced plans on Monday to build a 52-story tower with 154 units on a 2.3-acre site, according to the Miami Herald. Soffer’s company, Turnberry Associates, hopes the proposed tower achieves prices between $3 million and $22 million for units that range between 2,750 square feet to about 10,000 square feet. Presales are expected to launch this fall, according to a corporate statement. [more]

  • Jeffrey Soffer’s Turnberry plans Sunny Isles project

    Company wants to build 52-story, 150-unit Ocean Club tower
    April 14, 2014 09:45AM
    Jeffrey Soffer

    Jeffrey Soffer

    The Jeffrey Soffer-led Turnberry Associates revealed its plan to develop a 52-story condo tower in Sunny Isles Beach, one of the busiest South Florida markets for luxury residential construction.

    Turnberry Ocean Club would be the company’s 13th residential development, according to the Miami Herald, which spoke to both Jeffrey Soffer and his sister Jackie about the state of the company after the economic downturn and Fontainebleau Las Vegas bankruptcy. Carlos Zapata designed the 150-unit unit condo tower. Units would be priced between $3 million and $22 million. [more]

  • Soffer again asks for wrongful death suit dismissal

    Claims plaintiff is not widow of man killed in helicopter crash
    February 28, 2014 10:30AM
    Jeffrey Soffer

    Jeffrey Soffer

    The woman who filed a $100 million wrongful death lawsuit against billionaire Jeffrey Soffer is not the widow of the man killed in the 2012 helicopter accident that spurred the complaint, attorneys for the developer say.

    Soffer filed a second motion to dismiss, this time for lack of subject matter jurisdiction, on Thursday, according to Miami-Dade Circuit Court records. In the filing, Soffer claims Daria Gogoleva is not the widow of Lance Valdez, who was killed in the Bahamas crash. Gogoleva first sued Soffer in federal court in December before withdrawing the complaint and refiling it in Circuit Court last month. [more]

  • Turnberry’s suit against former CEO tossed

    Company went after Bruce Weiner for taking St. Regis job
    February 27, 2014 12:00PM
    Jeffrey Soffer

    Jeffrey Soffer

    The former CEO of Jeffrey Soffer’s Turnberry Residential successfully got the company’s lawsuit against him dismissed.

    Miami-Dade Circuit Judge John W. Thornton tossed Turnberry’s complaint against Bruce Weiner last week, South Florida Business Journal reported. The company had claimed Weiner violated his fiduciary duties by agreeing to manage St. Regis Bal Harbour in the 2010 lawsuit. Turnberry wanted a share of the profits from that arrangement. [more]

  • Soffer, Macpherson get $18M loan for mansion

    Couple obtains JPMorgan mortgage for Indian Creek Drive residence
    February 11, 2014 09:45AM
    Jeffrey Soffer and Elle Macpherson and Indian Creek

    Jeffrey Soffer and Elle Macpherson and Indian Creek

    Billionaire developer Jeffrey Soffer and his supermodel wife Elle Macpherson have obtained an $18 million mortgage for their Indian Creek mansion, The Real Deal has learned. [more]

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  • Soffer wants wrongful death lawsuit tossed

    $100M lawsuit refiled in Miami-Dade Circuit Court this month
    January 31, 2014 12:45PM

    Attorneys for billionaire developer Jeffrey Soffer have asked a Miami-Dade Circuit Court judge to dismiss a $100 million wrongful death lawsuit filed by a former friend.

    Soffer’s attorneys said he “categorically denies” the allegations made by the widow of attorney Lance Valdez, a friend of the developer who was killed in a 2012 helicopter crash, the Miami Herald reported. The lawsuit accuses Soffer of piloting the helicopter during the accident in the Bahamas. Soffer’s legal team noted the widow, Daria Gogoleva, had already agreed to a $2 million insurance settlement before filing the suit. [more]

  • Turnberry resolves lawsuit over $12M loan

    Mortgage secured by large Doral development site
    January 24, 2014 09:45AM

    Jeffrey Soffer’s Turnberry Associates has resolved a lawsuit involving a Doral property located outside of Miami-Dade County’s Urban Development Boundary.

    Turnberry Doral Development had faced litigation over a $12 million mortgage it originally obtained from BankAtlantic for the property, South Florida Business Journal reported. Florida Asset Resolution Group, a company tied to BankAtlantic successor BBX Capital, had filed a non-foreclosure lawsuit against the Turnberry company in June. The lender wanted to compel Turnberry to repay the mortgage. [more]

  • Widow refiles $100M lawsuit against Soffer

    Amended complaint against billionaire filed in Miami
    January 13, 2014 09:45AM

    A $100 million wrongful death lawsuit against billionaire developer Jeffrey Soffer has been refiled in Miami-Dade Circuit Court.

    The widow of Soffer’s friend Lance Valdez filed an amended complaint against Soffer on Friday, the New York Post reported. Daria Gogoleva first sued Soffer in federal court last month but withdrew the complaint a few weeks later. She claims Soffer was improperly flying a helicopter in a 2012 Bahamas crash that killed Valdez, a wealthy tax lawyer. [more]


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