(Apr 21, 2021) Gil Dezer, president of Dezer Development, is one of the largest oceanfront like Armani, Porsche and Trump (Dezer has six Trump-branded towers). Attracting High Net Worth Clients: Women and Wealth Management Miami Developer on Why Beachfront is Hard to Beat. Dezer Flex; Contact Us; Tenant Login. General Inquiries. If you have a question about our company and want to learn more. (212) 929-1285 Email. Tour Available Space. If you would like to set up a tour of available spaces or have any general questions on spaces. (212) 929-1285 Ext.
Gil Dezer
President
Dezer Development
One of the youngest developers of luxury high-rise residential and condo-hotel properties in the United States, Dezer has been instrumental in changing the face and value of the South Florida real estate industry through the introduction of brand partnerships.
In collaboration with real estate mogul Donald J. Trump, Gil led the Trump Organization’s first foray into the South Florida real estate market through the successful development of Trump Grande Ocean Resort and Residences and Trump Towers in Sunny Isles Beach. Despite the downturn of South Florida’s residential real estate market, and the ongoing recession, Gil managed two remarkable achievements between 2009 and 2010 – securing sufficient sales to pay-off Trump Royale’s $210 million construction loan and the $265 million pay-off of Trump Tower II and III’s mortgage, a combined $475 million.
Gil Dezer is a popular Israeli-born American real estate developer and investor. He is the son of the popular real-estate developer, Michael Dezer. View Gil Dezer’s profile on LinkedIn, the world’s largest professional community. Gil has 1 job listed on their profile. See the complete profile on LinkedIn and discover Gil’s connections. If you would like to set up a tour of available spaces or have any general questions on spaces. (212) 929-1285 Ext.
With a track record of success in leveraging luxury brand partnerships within the real estate arena, in 2012, Gil announced a master licensing agreement with Germany-based Porsche Design Group to expand the iconic brand’s reach into the residential real estate market. The venture’s first project is a 60-story ultra-luxury tower showcasing a one-of-a-kind Patented robotic parking system, the Dezervator, which will allow owners to park their vehicles in ‘sky garages’ directly next to their units. Gil had the foresight to envision the need for this type of building. He believes that the innovative parking technology will serve as a catalyst for future luxury real estate developments around the world, especially in urban cities where parking is a premium.
As testament to how the project has been received by buyers, as well as the lending community, Dezer Development received a $214 million construction loan from Wells Fargo in September 2013, at the time marking the largest loan for a single construction project in the Southeast in the post-recession era. It was a true stamp of approval for Porsche Design Tower.
On the heels of Porsche Design Tower Miami’s success, Gil announced that Dezer Development and The Related Group had partnered with the iconic fashion and furnishings designer, Giorgio Armani, to launch his first-ever residential Tower, Residences by Armani/Casa.
Having earned wide recognition as the developer at the forefront of the luxury branded real estate trend, Gil continues to actively look for other major brands with which he can partner and further define South Florida’s spotlight on the world stage.
Gil’s professional achievements have led him in several areas. Specifically, Gil holds a Florida Real Estate license and is the Past President and Chairman Emeritus of the Developers & Builders Alliance (DBA), one of the world’s largest development and construction organizations. Gil received the 2012 Greater Miami Chamber of Commerce’s R.E.A.L. Award for Residential Real Estate – Condominiums and has taken home the Platinum Personal Achievement Award for Sales Director of the Year for Trump Grande Ocean Resort & Residences for three years in a row at the annual Florida’s BEST Awards sponsored by the Builders Association of South Florida (BASF), Miami Herald and el Nuevo Herald.
Active in the community, Gil holds several positions which include: one of the Founders of the Mount Sinai Medical Center Foundation; a Young President of the Miami Heart Institute; member of the Florida Friends of Israeli Defense Forces (FFIDF); member of Project Cradle in Miami; member of WIZO Florida and the One Family Fund Organization.
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This past March 23, singer Alicia Keys headlined the grand-opening party for the Porsche Design Tower, an ultraluxury condominium complex in Sunny Isles Beach built by father-and-son Miami developers (and former Trump business partners) Michael and Gil Dezer. The event was a spectacular display of wealth at the Porsche Tower, a massive steel-gray building filled with spartan German decor, billionaire investors, and elevators that lift whole cars right into residents' condo units.
Just a few months later, the developers have been tied to an international money-laundering probe in Brazil looking into whether a Brazilian contractor funneled millions into the United States to avoid taxes.
This past May 9, the Brazilian Federal Police announced they'd launched 'Operation Connection Miami,' a hunt for a potential money-laundering ring that stretched from the Brazilian state of Santa Catarina to South Florida. A second project, Porsche Design Tower Brava, was proposed in Brazil after a group called Carelli Properties licensed the name from the Dezers. Those licensing payments are now at the center of the Brazilian probe, according to a release from the Brazilian feds.
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Two calls to Dezer Development, the family's firm in Sunny Isles Beach, were not returned yesterday, but in a statement to the Daily Business Review, the company confirmed it's aware of the probe and ready to cooperate. 'The company and its principals are aware Brazilian authorities have questions about these transactions and are prepared to fully cooperate with the investigation,' a Dezer representative told the paper. (Indeed, there is no indication the Dezers committed a crime or are themselves under investigation for wrongdoing in the United States.)
Gil Dezer Mayra Veronica
The probe stems from alleged payments a Brazilian construction company made to a shell company in the United States to obtain the Dezer trademark. The Brazilian feds allege the shell company paid the 'trademark licensor in the United States under a fraudulent foreign exchange contract so that it could then pay the German company.' (That's based on a rough translation of the Portuguese-language news release.) The police allege this was done in order to 'avoid higher costs' and Brazilian taxes.
'The Federal Police this morning (9/5) started Operation Connection Miami to dismantle a criminal organization responsible for practicing foreign exchange evasion through fraud in exchange for contracts and money laundering, including abroad,' the Brazilian police wrote. 'The total amount of fraudulently traded amounts for the U.S. alone may amount to R$ 13 million' in Brazilian reais, which is roughly $4 million in U.S. dollars.
The Brazilians announced they have sent requests abroad to interrogate 'three foreign businessmen' — two American and one German. (It's unclear from the Brazilian news release whether the inquiry involves the Dezers.) The Brazilian group is charged with varying counts of fraud, 'criminal association,' and money laundering, and some members of the alleged ring could face more than a decade in prison.
The Dezer group tells the Daily Business Review it has no idea what Carelli might or might not have been doing with its money. 'Dezer Development.. satisfied its obligations under the master license by paying royalties and fees to the owner of the trademark in Germany,' the company said. 'However, Dezer Development has absolutely no knowledge of the process Carelli used to transfer license fee money from Brazil to banks in the United States.'
Dezer Development has been one of the most prominent Miami-area luxury developers for more than a decade. A 2004 New Times profile painted Gil Dezer, Michael's son, as a brash rich kid with an abiding love for all things Trump. Melody assistant. The Dezers partnered with Donald Trump to build Sunny Isles' Trump Grande Ocean Resort & Residences more than a decade ago — at the time, Gil admitted to having written a book report about Trump's Art of the Deal and said he'd modeled his business practices after the then-developer.
Gil Dezer in 2004 faced a string of sexual harassment and verbal abuse allegations from former colleagues, which the then-ponytailed Dezer denied. 'I yell and scream, and 15 minutes later it's like nothing happened,' Dezer told New Times in 2004. 'My close circle gets it. They say, 'Oops, I fucked up!'
Presciently, Gil's then-fiancée joked 13 years ago that he ought to run for president.
Roughly a year ago, the U.S. government announced it would begin monitoring all-cash real-estate transactions in Miami-Dade County out of concern that money laundered from Russian, Eastern European, or Latin American criminals is flooding the South Florida real-estate market. Dezer has long maintained that his companies thoroughly scope out any shell companies buying at his properties.
Dezer Development
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