What Dezer Development does

Dezer Development is a family-owned luxury real estate developer founded in 1970 by Michael Dezer and currently led by his son, Gil Dezer, as President. The company specializes in branded residential condominiums and mixed-use developments concentrated in South Florida, with additional holdings in New York (more than 20 properties totaling over 1 million square feet) and Las Vegas. Its portfolio encompasses nine luxury high-rises, over 27 developable oceanfront acres in Florida, and a cumulative 2,700+ units sold generating more than $3.6 billion in lifetime sales. Revenue is generated primarily through one-time luxury condominium sales, supplemented by hotel and resort operations (including the Forbes Four-Star Trump International Beach Resort) and construction financing arrangements.

Dezer's signature product innovation is the patented Dezervator, a hydraulic vehicle elevator system that transports cars via RFID recognition directly to residents' floors, enabling private in-unit sky garages adjacent to each unit. This technology is deployed in the Porsche Design Tower and Bentley Residences and is paired with secondary amenities such as private heated balcony pools, hurricane-proof in-unit garages, and EV charging. The company monetizes the technology premium through exclusive brand co-development and licensing partnerships with globally recognized names — Bentley Motors, Porsche Design Group, Armani/Casa, Rosewood Hotels & Resorts, the Trump Organization, and sbe — across projects such as Bentley Residences, Porsche Design Tower, Residences by Armani/Casa, Rosewood Residences Hillsboro Beach, Trump Grande, Trump Towers, and Hyde Midtown Suites & Residences. Joint-venture development partner The Related Group co-develops multiple projects including Ocean Two, Ocean Four, Hyde Midtown, and the new 62-story Sunny Isles Beach tower with BH Group.

The go-to-market motion is enterprise-style direct field sales targeting ultra-high-net-worth individuals, executed through dedicated sales galleries at project sites and supplemented by international buyer outreach into Latin America, Europe, and major U.S. cities. Pricing is quote-based and not publicly disclosed. Construction is funded through institutional lenders — most recently a $630 million loan from Madison Realty Capital in November 2025 for Bentley Residences — while ongoing operations are supported by a small core team (11–50 employees). Customers are predominantly individual ultra-high-net-worth buyers purchasing single residences for personal use or investment; the model emphasizes pre-sales to de-risk construction financing.

Name

Dezer Development

Legal name

Dezer Development

Website

https://dezerdevelopment.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Dezer Development is a family-owned luxury real estate developer founded in 1970, building branded residential condominiums in South Florida through partnerships with Bentley, Porsche Design, Armani/Casa, Rosewood, and Trump. Its signature innovation is the patented Dezervator vehicle elevator system enabling in-unit sky garages.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Luxury Vacation Homes & Residences (THAMAEAB)

akta.pro secondary industry

Luxury Villas & Residences Resorts (THAGACAM)

Keywords

• Luxury real estate development
• Branded residential condominiums
• Ultra-luxury property sales
• Oceanfront condominium development
• Luxury branded residences

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel

Revenue model

1. Luxury Condominium Sales: One-time sales of luxury branded residential units. Dezer Development has sold over 2,700 units generating over $3.6 billion in sales. Revenue recognized upon property closing.
2. Construction Financing: Secures construction loans from financial partners like Madison Realty Capital ($630M for Bentley Residences) and Bank OZK ($418M+ for St. Regis project).
3. Hotel/Resort Operations: Operates hotel properties including Trump International Beach Resort (Forbes Four-Star rated) within Trump Grande complex.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Dezer Development develops, markets, and sells ultra-luxury branded residential condominium towers in South Florida and other markets, with exclusive licensing partnerships with Bentley Motors, Porsche Design Group, Armani/Casa, the Trump Organization, Rosewood Hotels & Resorts, and sbe. Its signature innovation is the patented Dezervator hydraulic vehicle elevator system, which transports cars directly to residents' private in-unit sky garages. The company also operates hotel and resort properties within mixed-use developments such as Trump International Beach Resort.

Product overview

Dezer Development is a luxury real estate developer specializing in branded residential condominiums and mixed-use developments across South Florida, New York, and Las Vegas. The company's portfolio comprises completed, current, and future developments including ultra-luxury branded residences featuring partnerships with Bentley Motors (Bentley Residences), Porsche Design Group (Porsche Design Tower), Giorgio Armani (Residences by Armani/Casa), sbe (Hyde Midtown), and Trump Organization (Trump Grande, Trump Towers), as well as joint ventures with The Related Group on Ocean Two, Ocean Four, and Rosewood Residences. The company's signature innovation is the patented Dezervator vehicle elevator system enabling private in-unit sky garages. The development pipeline spans from completed properties to current projects like Bentley Residences and future developments including Uptown Harbour.

Differentiator

Problem solved

Functional benefit

Brands

• Bentley Residences: 62-story luxury residential tower in Sunny Isles Beach, Miami, developed in partnership with Bentley Motors, featuring private in-unit sky garages and Dezervator car elevator system.
• Porsche Design Tower
• Residences by Armani/Casa
• Rosewood Residences Hillsboro Beach
• Trump Grande
• Trump Towers
• Hyde Midtown Suites & Residences
• Ocean Two
• Ocean Four

Products and services

• Bentley Residences Miami A 62-story, 716-foot ultra-luxury residential tower in Sunny Isles Beach, Miami, developed in collaboration with Bentley Motors and designed by Sieger Suarez Architects. Features 216 condominium residences with private in-unit sky garages accessed via the patented Dezervator vehicle elevator system, private heated swimming pools on every balcony, hurricane-proof garage design with EV charging, and a diamond-quilted glass facade. Targeted at ultra-high-net-worth buyers seeking the world's first and only Bentley-branded residential tower.
• Residences by Armani/Casa A 56-story, 649-foot oceanfront tower in Sunny Isles Beach with 308 residences designed by architect César Pelli, featuring over 35,000 square feet of amenities, private elevator access, and interiors designed by Armani/Casa. Completed in 2018 and selected as one of seven inaugural residences for Forbes Travel Guide's ATELIER CX hotel-level hospitality program managed by FirstService Residential.
• Porsche Design Tower A 60-story ultra-luxury tower in Sunny Isles Beach featuring the patented Dezervator automobile elevator system that allows residents to park vehicles in sky garages directly adjacent to their units. Contains 132 residences with plunge pools on balconies. The first automobile-branded residence in South Florida, secured with a $214 million construction loan from Wells Fargo.
• Hyde Midtown Suites & Residences A 31-story tower in Miami's Arts & Design district developed in partnership with The Related Group and sbe, featuring 60 hotel rooms and 410 residential condominiums with interiors by David Rockwell. A mixed-use branded residence and hotel project completed in 2018.
• Trump Grande An 11-acre oceanfront resort and residence community in Sunny Isles Beach comprising three Trump-branded towers: Trump International Beach Resort (32-story, 355 rooms, Forbes Four-Star rated), Trump Royale (55-story, 380 residences), and Trump Palace (55-story, 278 residences). Combines luxury branded residences with hotel/resort operations.
• Trump Towers Sunny Isles Beach Three 45-story towers with 813 luxury oceanfront residential units developed in partnership with The Trump Organization and The Related Group, featuring private elevator entries and extensive amenities.
• Ocean Two Two 42-story towers with 254 residences overlooking 500 feet of oceanfront in Sunny Isles Beach, featuring three-story lobbies and a two-story lifestyle center with health fitness center and beachside cabanas. Joint venture with The Related Group.
• Ocean Four A 41-story residential condominium tower with 282 residences featuring two to four bedrooms, floor-to-ceiling glass, custom cabinetry, designer finishes, and sprawling terraces on 300 feet of beachfront in Sunny Isles Beach. Joint venture with The Related Group.
• Rosewood Residences Hillsboro Beach An Intracoastal-to-ocean luxury residential property development in Hillsboro Beach being developed with The Related Group, designed by Arquitectonica on the last undeveloped beachfront property in South Florida. Branded by Rosewood Hotels & Resorts.
• Trump International Beach Resort (Hotel Operations) Forbes Four-Star rated 32-story, 355-room luxury beachfront hotel operated by Dezer Hotels Miami Beach within the Trump Grande complex in Sunny Isles Beach. Hotel and resort operations revenue stream.

Quantifiable outcome

• Over $3.6 billion in cumulative sales from 2,700+ units
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered flagship, core, strategic and minor.

• Bentley MotorsflagshipStrategic or Co-development PartnerWorld's first and only Bentley-branded residential tower. Bentley Motors collaborated on design of 62-story tower with diamond-quilted glass facade and Dezervator car elevator system. The partnership brings automotive luxury brand positioning to residential living.
• The Related GroupcoreStrategic or Co-development PartnerLong-term joint venture partner on multiple luxury projects including Ocean Two, Ocean Four, Hyde Midtown Suites and Residences, Residences by Armani/Casa, and Rosewood Residences Hillsboro Beach. Partnership spans over a decade of co-development.
• Porsche Design GroupcoreOEM/ Whitelabel/ Licensing PartnerMaster licensing agreement with Germany-based Porsche Design Group for 60-story Porsche Design Tower - the first automobile branded residences in South Florida. Features the patented Dezervator system.
• Armani/Casa Interior Design StudiocoreOEM/ Whitelabel/ Licensing PartnerPartnership with Armani/Casa Interior Design Studio and The Related Group for Residences by Armani/Casa - Giorgio Armani's first US residential project. 56-story tower with interiors designed by Armani/Casa.
• BH GroupstrategicStrategic or Co-development PartnerJoint venture partner with Related Group and Dezer Development for new 62-story, 145-unit luxury condo tower in Sunny Isles Beach. Developers acquired 108-unit Miami Beach Club property for $131.8 million buyout.
• Rosewood Hotels & ResortscoreOEM/ Whitelabel/ Licensing PartnerRosewood Residences Hillsboro Beach - an Intracoastal-to-ocean property branded by Rosewood Hotels & Resorts. Designed by Arquitectonica on the last undeveloped beachfront property in South Florida.
• Sieger Suarez ArchitectscoreStrategic or Co-development PartnerArchitecture firm for Bentley Residences Miami. The 62-story tower design features diamond-quilted glass facade.
• Cohen Freedman Encinosa & Associates ArchitectsminorOthersArchitecture firm for planned Related Group, Dezer Development, and BH Group's 62-story luxury condo tower.
• Greenberg TraurigcoreImplementation/ SI/ Consulting PartnerLaw firm advised on $630 million construction loan for Bentley Residences from Madison Realty. Also handled $565 million loan for Residences at 1428 Brickell.
• ArquitectonicacoreStrategic or Co-development PartnerArchitecture firm for Hyde Midtown Suites and Residences and Rosewood Residences Hillsboro Beach projects.
• Chef Todd EnglishminorStrategic or Co-development PartnerCelebrity chef providing restaurant services for Bentley Residences amenity program.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Swire Properties: Hong Kong-based luxury real estate developer with the Brickell City Centre and Reach and Rise branded-residence towers in Miami. Competes in the same South Florida ultra-luxury market but as part of a broader global portfolio of mixed-use developments.
• Witkoff Group: Major Miami-based luxury real estate developer behind The Residences at 1428 Brickell and Edition-branded projects. Directly competitive with Dezer in branded-luxury Miami condominium towers and shares similar UHNW buyer targeting.

Direct peers

• The Related Group: Florida's largest luxury condominium developer and Dezer's longest-standing joint venture partner (Ocean Two, Ocean Four, Hyde Midtown, Residences by Armani/Casa, Rosewood Residences Hillsboro Beach). Directly competes in the branded-luxury South Florida high-rise market with very similar product positioning.
• PMG (Property Markets Group): Miami-based luxury condominium developer with branded projects such as Aston Martin Residences and E11EVEN Hotel & Residences. Directly comparable to Dezer's automotive-brand and lifestyle-brand partnership model in the same Sunny Isles/Miami market.
• Terra Group: Miami-based luxury residential and mixed-use developer behind branded projects including the Four Seasons and Missoni Baoli. Operates in the same South Florida ultra-luxury condominium segment with a similar branded-residence strategy.
• Fortune International Group: Sunny Isles Beach-based luxury condo developer with branded projects such as The Ritz-Carlton Residences and Porsche Tower-adjacent inventory. Competes head-to-head with Dezer in the same South Florida luxury high-rise corridor targeting international UHNW buyers.

Emerging players

• Royal Palm Companies: South Florida luxury developer led by Daniel Kodsi with branded projects including Paramount Bay and Residences at Shell Bay. Targets the same UHNW buyer segment with branded-luxury condominium developments in the Miami/Broward region.
• Mast Capital: Miami-focused luxury condominium developer with projects in South Beach and Brickell targeting UHNW domestic and international buyers. Smaller portfolio than Dezer but competes in the same ultra-luxury South Florida segment.
• CMC Group: Miami-based developer of branded-luxury residences including Brickell Flatiron and The Residences at Miami Beach Edition. Operates with similar branded-residence strategy in the South Florida luxury high-rise market.

Others

• The Trump Organization: Brand licensor for Dezer's Trump Grande, Trump Towers, and Trump Palace developments. While not a direct peer in the development sense, Trump Organization is a critical brand partner that co-develops comparable branded-luxury real estate and shapes the competitive branded-residence landscape.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dezerdev
• LinkedInlinkedin.com/company/dezer-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

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 Dezer Development