Turnberry Associates
Turnberry Associates is a real estate development and management company in the United States. The company has developed over $10 billion worth of properties during the course of its history. Current holdings in its portfolio include the Aventura Mall, the JW Marriott Nashville Marriott, and SoLé Mia. Jackie Soffer is Chairman and Chief Executive Officer. The company was founded in 1967 by Donald Soffer. History In 1967, along with partner Edward J. Lewis of Oxford Development, Donald Soffer purchased of submerged and undeveloped swamp and marshland facing the Intracoastal Waterway in North Dade County. The company then acquired Aventura Club and changed its name to Turnberry Isle Resort & Club in 1970. Expansion and development continued in the City of Aventura throughout the 80s with the company opening Turnberry Yacht & Racquet Club and developing the Aventura Mall. In the 1990s and early 2000s, the company developed Turnberry Place Las Vegas and undertook a large-sc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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News Channel 5 Nashville
News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media. Common topics for news reports include war, government, politics, education, health, the environment, economy, business, fashion, entertainment, and sport, as well as quirky or unusual events. Government proclamations, concerning royal ceremonies, laws, taxes, public health, and criminals, have been dubbed news since ancient times. Technological and social developments, often driven by government communication and espionage networks, have increased the speed with which news can spread, as well as influenced its content. Throughout history, people have transported new information through oral means. Having developed in China over centuries, newspapers became esta ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MGM Resorts International
MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Signature At MGM Grand
The Signature at MGM Grand is a condo-hotel at the MGM Grand resort in Paradise, Nevada, near the Las Vegas Strip. It consists of three towers, each 38 stories in height, with a total of 1,728 units. MGM Mirage and Turnberry Associates partnered to develop the project, which was announced in 2002. Construction was underway in 2004, and the first tower opened in May 2006. The project was built on land previously used by the MGM Grand Adventures Theme Park. Individual buyers in the project had the option of renting out their unit and splitting the profit with MGM. Starting in 2007, hundreds of buyers filed suit against the property, alleging misleading sales pitches and income that was lower than expected. History Part of the property was previously occupied by the MGM Grand Adventures Theme Park, which was built just northeast of the MGM Grand resort; both opened in 1993. On December 5, 2002, MGM Mirage announced that it had partnered with Turnberry Associates to build a condo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Turnberry Towers
Turnberry Towers is a 45-story twin tower condominium complex in Winchester, Nevada, near the Las Vegas Strip. Initially, plans were announced in 1998 for Great Masters, a $300 million condominium project consisting of 56-story twin towers. The land was sold in 2000 to Turnberry Associates, which announced plans to build Madison Towers on the property. The $250 million condominium project would include 25-story twin towers, but the start of construction was delayed due to poor economic conditions as a result of the September 11 attacks. Conditions improved and the project was redesigned to be larger, with the new name of Turnberry Towers. Construction of the first tower began in June 2005, and was finished in 2007, followed by the completion of the second tower a year later. History Initial plans In November 1998, high-rise developer Bruce Stark and his Hawaii-based company, Stark Properties, announced plans to build Great Masters, a 56-story twin-tower condominium project with ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carsten Höller
Carsten Höller (born December 1961) is a German artist. He lives and works in Stockholm, Sweden.Alice Rawsthorn (January 2012)"Cliff Hanger - The Ghanaian home of artists Carsten Höller and Marcel Odenbach goes above—and beyond" ''W Magazine''. Early life and education Born to German parents working for the European Economic Community, Höller grew up in Brussels. He holds a doctorate in agricultural science, specializing in the area of insects' olfactory communication strategies, from University of Kiel; the title of his dissertation is "Efficiency Analysis of the Parasitoids of Cereal Aphids". Only during the late 1980s, did he first begin making art. However, he worked as a research entomologist until 1994. Work Höller came to prominence in the 1990s, alongside a group of artists including Maurizio Cattelan, Douglas Gordon, Pierre Huyghe, Philippe Parreno, Rirkrit Tiravanija, and Andrea Zittel who worked across disciplines to reimagine the experience and the space of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Curbed
''Curbed'' is an American real estate and urban design website founded as a blog by Lockhart Steele in 2006. The full website, founded in 2010, featured sub-pages dedicated to specific real estate markets and metropolitan areas across the United States. Steele once described ''Curbed.com'' as an "Architectural Digest after a three-martini lunch.” The site hosted an annual contest, the Curbed Cup, to pick the best neighborhood in each city. In November 2013, Vox Media purchased the Curbed Network, which, apart from ''Curbed'', also included dining website ''Eater'' and fashion website ''Racked''. The paper reported that the cash-and-stock deal was worth between $20 million and $30 million. , as a part of a downward trend of layoffs and restructuring of many venture capital-funded sites, and the effects of the COVID-19 pandemic, many of Curbed's area-specific sites closed, leaving New York City as the sole remaining metropolitan focus. In October 2020, ''Curbed'' was integrate ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Miami Herald
The ''Miami Herald'' is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a List of communities in Miami-Dade County, Florida, city in western Miami-Dade County, Florida, Miami-Dade County and the Miami metropolitan area, several miles west of Greater Downtown Miami, Downtown Miami.Contact Us " ''Miami Herald''. Retrieved January 24, 2014. "The Miami Herald 3511 NW 91 Ave. Miami, FL 33172" - While the address says "Miami, FL", the location is actually in Doral. Se this map of Miami-Dade County municipalities an [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Turnberry Isle Miami
JW Marriott Miami Turnberry Resort & Spa is a luxury resort in the city of Aventura, Florida. It features golf courses designed by Robert Trent Jones, a spa, tennis facilities, and restaurants. History The resort was developed by Donald Soffer, Mark E. Mason, Eugene Lebowitz, and Edward J. Lewis of Oxford Development. In 1988, Donald Soffer sold a 50% interest in the property to Rafael Hotels for $20 million. In 1996, the property underwent a renovation and expansion. The remaining interest was later sold to Rafael Hotels. The property was managed by the Mandarin Oriental Hotel group after Mandarin acquired the Rafael Group. Soffer's Turnberry Associates reacquired the property in 2005. In August 2011, Turnberry ousted hotel manager Fairmont Hotels and Resorts. In May 2012, the property became part of the Autograph Collection Hotels. In 2017, Turnberry announced plans for the expansion of the property, including a re-branding into a JW Marriott JW Marriott is a luxury hotel br ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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South Florida Business Journal
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |