NR Investments

What NR Investments does

NR Investments (NRI) is a privately held, vertically integrated real estate investment, development, and management firm founded in 2001 by Ron Gottesmann and Nir Shoshani and headquartered in Miami, Florida. The firm specializes in acquiring underperforming buildings in high-visibility, transitioning neighborhoods and repositioning them through renovation, management restructuring, and, in select cases, converting leased commercial space into for-sale condominium product. Its portfolio spans residential condominiums (Canvas Condos), live/work loft communities (Filling Station Lofts), large-scale multi-family apartment communities (Lake Jasmine, Lakeview Pointe, Grandview Pointe), Class A office towers (Museum Plaza, The Office at Hollywood, The BLDG on Biscayne, QUBO, Link Tower), and mixed-use developments (UNI Tower, UNI+DOS, Sky Building, Rockwell District), with operations in Florida, Ohio, and Lima, Peru.

The firm generates revenue through three principal streams: one-time condominium unit sales, recurring rental income from multi-family holdings, and recurring commercial leasing income, supplemented by in-house property management services. NRI operates a direct-to-consumer go-to-market model for condominium sales and an in-house leasing team for residential and commercial tenants, augmented by a distinctive community-building marketing approach in which curated cultural events, public art installations, and district branding generate organic demand and press coverage. Across more than two decades, NRI has deployed over $500 million across approximately 50 investments encompassing close to 5 million square feet of office space and 5,000+ multifamily units, with stated annual acquisition and development volume exceeding $100 million.

The business is founder-controlled, with no disclosed institutional equity or public listing, and project financing is sourced primarily through relationships with lenders such as Bank of the Ozarks and agencies such as Fannie Mae. The leadership team consists of two principals (Gottesmann and Shoshani) supported by a General Counsel/Chief Legal Officer (Kristofor Nelson) who also serves on the executive and investment review committees, with prior experience at GFI Mortgage Bankers, TiS America (a NASDAQ-listed subsidiary), White & Case, and Regions Bank.

Name

NR Investments

Legal name

NR, INVESTMENTS

Website

https://nrinvestments.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

NR Investments is a Miami-based, founder-controlled real estate investment and development firm that acquires and repositions underperforming commercial and residential properties in transitioning neighborhoods across Florida, Ohio, and Peru, generating revenue through condominium sales, multi-family rentals, and commercial leasing.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

Keywords

• Commercial real estate
• Residential development
• Multifamily housing
• Property repositioning
• Mixed-use development

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Condominium Sales: Sale of residential condominium units to individual buyers. Projects include Canvas (513 units completed December 2018) and UNI+DOS (398 residential units with 120 affordable housing units).
2. Multi-family Rental Income: Rental income from multi-family properties including Filling Station Lofts (81 units), Lake Jasmine (336 units), Lakeview Pointe (558 units), Grandview Pointe (768 units), and Sky building (140 residential units).
3. Commercial Leasing: Leasing of office and retail space including Museum Plaza (180K sq.ft., 11 stories), The Office at Hollywood (58,000 sq.ft.), The BLDG on Biscayne (103,000 sq.ft.), Link Tower Peru (420,000 sq.ft.), and QUBO Peru (350,000 sq.ft. Class A office).
4. Property Repositioning and Value-Add Services: Acquisition and rehabilitation of underperforming buildings in high visibility locations, converting leased office space to for-sale condominium product.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

NR Investments is a privately held, vertically integrated real estate investment and development company that acquires underperforming properties in high-visibility, transitioning neighborhoods and rehabilitates them into residential condominiums, multi-family rental communities, Class A office buildings, and mixed-use developments. The firm also provides in-house property management, leasing, and asset management services across its portfolio of properties.

Product overview

NR Investments is a privately held real estate investment company focused on commercial and residential real estate development. The company operates a portfolio of distinct property developments across multiple markets, including residential condominiums (Canvas Condos), live/work loft spaces (Filling Station Lofts), multifamily apartment communities (Lake Jasmine, Lakeview Pointe, Grandview Pointe), office buildings (Museum Plaza, The Office at Hollywood, The BLDG on Biscayne, Link Tower, QUBO), and mixed-use developments (UNI Tower, UNI+DOS, Sky Building, Rockwell District). With current annual acquisition and development volume exceeding $100 million, the company has invested more than $500 million in 50 investments comprising approximately 5 million square feet of office space and 5,000+ multifamily units since 2000.

Differentiator

Problem solved

Functional benefit

Products and services

• Canvas Condos A 513-unit, 37-story condominium tower in Miami's Arts + Entertainment District at 1630 NE 1st Avenue. Units include 1- or 2-bedroom, corner units, or studios; completed December 2018 and sold to individual buyers including investors and primary residence seekers.
• Filling Station Lofts An 81-unit Class-A live/work loft building at 1657 North Miami Avenue on 0.57 acres, designed by Bermello Ajamil & Partners. Targets young creative professionals; completed 2013 and rented for approximately $2.60 per square foot.
• UNI Tower A 252-unit essential worker residence development with 10,000 SF office space and 4,500 SF commercial space at 1642 NE 1st Avenue, Miami. Targeted at essential workers with affordability components.
• UNI+DOS A 398-unit residential development with 120 affordable housing units and 8,500 SF commercial space at 31 NE 14th St, Miami. Includes dedicated affordable housing for lower-income residents.
• Sky Building A mixed-use development in Oakland Park, FL featuring 140 residential units, 16,000 sq ft of commercial space, and a connecting sky bridge. Also houses Oakland Park's new City Hall.
• Rockwell District A three-phase, holistically-integrated neighborhood in Whitehall, OH featuring 1,000 live/work residential units and townhouses, plus 100,000 SF of retail, office, and light industrial space.
• Museum Plaza An 11-story, 180,000 sq.ft. Class A office building in Fort Lauderdale, FL renovated in 2000, featuring a full-service restaurant, retail space, and helipad access. Leased to commercial tenants.
• The Office at Hollywood A 58,000 sq.ft. office condo at 2450 Hollywood Blvd in Downtown Hollywood, FL. Medical-zoned with renovated lobby and upgraded corridors; targeted at medical and professional tenants.
• The BLDG on Biscayne A 9-story, 103,000 sq.ft. medical-zoned building at 12550 Biscayne Blvd, Miami, FL with 2 elevators and covered parking. Designed for medical and office tenants.
• Grandview Pointe A 768-unit multifamily community in Orlando's Millennia area completed in 2008, featuring a fitness center, 5 swimming pools, playgrounds, and on-site daycare. Operates as a rental community.
• Lakeview Pointe A 558-unit apartment community on 28.5 acres in Orlando, FL completed in 2002, with 47 two-story buildings, two clubhouses, and two pools. Operates as a rental community.
• Lake Jasmine Apartments A 336-unit apartment community in Orlando, FL completed in 2004 with one, two, and three-bedroom units across 21 garden-style buildings, clubhouse, sport courts, and two pools.
• QUBO A Class A office tower in Lima, Peru completed in 2010 with 350,000 sq.ft. across 8 floors. Includes conference rooms, gymnasium, cafeteria, and 6 levels of covered parking. Leased to commercial tenants.
• Link Tower A 420,000 sq.ft. commercial tower in Lima, Peru completed in 2012, adjacent to QUBO. Features swimming pool, fitness center, business center, and panoramic views of Santiago de Surco.

Quantifiable outcome

• Canvas Condos sold faster than market expectations
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Terra Group: Miami-based real estate developer focused on luxury condominium, multi-family, and mixed-use projects across South Florida. Directly comparable to NRI in geography, product mix, and target customer base.
• Property Markets Group: New York- and Miami-based condominium and mixed-use developer with a similar focus on neighborhood-redefining condo towers. Comparable in size and product strategy to NRI's Miami developments.
• Two Roads Development: Miami-based condominium and mixed-use developer active in the same urban-infill submarkets as NRI. Similar project size and target buyer profile.
• Crescent Heights: National condominium developer with a strong Miami presence, focused on urban high-rise for-sale residential. Comparable product type, though more geographically diversified than NRI.
• BH Group: South Florida real estate investment and development firm active in luxury condominium, multi-family, and mixed-use projects in Miami and surrounding markets. Closely comparable in scale, product mix, and target submarkets.
• Fortis Property Group: Real estate development and investment firm focused on urban mixed-use and residential projects, including a notable Miami presence. Comparable scale and product orientation.

Broad incumbents

• The Related Group: One of the largest Florida-based residential and condo developers, operating a much broader portfolio across multiple states. Overlaps with NRI's Miami condo and multi-family strategy but at significantly greater scale.
• Lennar Corporation: One of the largest publicly traded US homebuilders, with significant Florida multi-family and condo exposure. Provides a broad public-market benchmark against NRI's private multi-family and condo development business.

Regional players

• Macklowe Properties: New York-focused luxury residential and commercial developer with a similar project-level scale and repositioning playbook. Comparable in product type but not geography.

Others

• GTIS Partners: US real estate investment firm active in residential, multi-family, and commercial strategies including Latin America. Comparable in geographic footprint (US + Peru) and opportunistic approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=T7YCeHbY62o
• Xx.com/NR_Investments
• Facebookfacebook.com/NRInvestments
• LinkedInlinkedin.com/company/nr-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NR Investments