Muñoz Holdings

What Muñoz Holdings does

Muñoz Holdings, LLC is a privately held, family-controlled diversified real estate developer and sports event producer founded in 1988 by Antonio J. Muñoz and headquartered in San Juan, Puerto Rico. The company operates four integrated business units: commercial real estate management of over 1.3 million square feet of offices, warehouses, shopping centers, and parking facilities across Puerto Rico; hotel and hospitality operations spanning 700+ rooms across four properties including the Sheraton Convention Center Hotel & Casino (503 rooms), St. Regis Bahia Beach Resort & Golf Club (139 rooms) on 483 acres, and Ponce Plaza Hotel & Casino (70 rooms); residential development of more than 1,500 living units across communities in Ponce, Guaynabo, Naguabo, Carolina, and Caguas; and the MB Sports division, which has produced major sporting events in Puerto Rico since 2003 including MLB Expos Series, three World Baseball Classics, and international surfing and athletics championships.

The company generates revenue through managed services (commercial property management and hotel operations), one-time residential unit sales, and transaction-based sports event production. Its commercial tenant roster includes national and regional brands across retail (Walgreens, Tiendas Capri, Supermax), food and beverage (McDonald's, Wendy's, Chick-fil-A, Domino's Pizza, Chuck E. Cheese), banking (Banco Popular, First Bank), healthcare (CR Bard), and fitness (Planet Fitness). Hotel operations are conducted under licensing arrangements with Sheraton/Marriott and St. Regis/Marriott, while sports event production relies on relationships with MLB, the World Baseball Classic, and the International Surfing Association. The MBSports.TV YouTube channel extends event content into digital media.

Leadership is family-controlled: Antonio Muñoz Bermúdez serves as CEO, Antonio Muñoz Grajales as President, and other Muñoz Grajales family members hold operational roles including VP Sales & Marketing and Property Manager positions; Carmen Luna serves as CFO. The company has no parent, no institutional investors, and no public listing. There is no disclosed AI/ML capability, no API surface, and no proprietary software platform; the underlying technology stack is conventional real estate development and property management tooling. Pricing is not publicly disclosed and commercial leasing is handled through direct inquiry with the company's leasing and property management team.

Name

Muñoz Holdings

Legal name

Muñoz Holdings, LLC.

Website

https://mbhpr.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Muñoz Holdings is a family-owned Puerto Rico real estate developer and sports event producer founded in 1988, operating 1.3M+ sq ft of commercial space, 700+ hotel rooms across four properties, 1,500+ residential units, and the MB Sports division producing MLB and World Baseball Classic events.

Ownership category

akta.pro rank

Headquarters

HQ city

San Juan

HQ country

Puerto Rico

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Commercial Property Management: Management of over 1.3 million square feet of offices, warehouses, shopping centers, and parking facilities across Puerto Rico. Revenue from tenant leases and property management services.
2. Hotel and Hospitality Operations: Hotel development and operations including Sheraton Convention Center Hotel & Casino (503 rooms), Bahia Beach Resort & Golf Club with St. Regis (139 rooms), and Ponce Plaza Hotel & Casino (70 rooms). Total of 700+ rooms across 4 properties.
3. Residential Real Estate Development: Development and sale of residential communities with over 1,500 living units built in Puerto Rico. Projects include Paseo de la Reina, Paseo del Rey, Portales del Monte, Torrimar Town Park, Cala de Hucares, Balcones de Montereal, Mansiones de Santa Barbara, and Bosque Señorial.
4. Sports and Special Events: Production and organization of sports events including MLB games, World Baseball Classics, tennis tournaments, and special events. MBSports.TV entertainment platform showcasing athletes and sports in Puerto Rico.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Muñoz Holdings is a diversified real estate developer and operator in Puerto Rico managing over 1.3 million square feet of commercial real estate (offices, warehouses, shopping centers, parking), 700+ hotel rooms across four properties (Sheraton Convention Center Hotel & Casino, St. Regis Bahia Beach Resort, Ponce Plaza Hotel & Casino), and over 1,500 residential living units across multiple communities. The company also produces sports and special events through its MB Sports division, including MLB games and World Baseball Classics since 2003.

Product overview

Muñoz Holdings is a diversified real estate development and sports entertainment company operating in Puerto Rico. The company operates through three main business units: Commercial Real Estate Management (managing over 1.3 million square feet of office, warehouse, retail, and parking facilities), Hotel Development (operating 4 hotel properties with 700+ rooms including Sheraton Convention Center, Bahia Beach St Regis, and Ponce Plaza), and Residential Development (having built over 1,500 residential units across Puerto Rico). Additionally, MB Sports serves as the company's sports and special events division, producing major sporting events since 2003 and operating MBSports.TV, a sports entertainment platform. The portfolio includes various named retail centers (Triumph Plaza, Monte Real Plaza, Los Filtros, Ponce By Pass Plaza, Plazoleta Isla Verde), office buildings (Valencia 1, Corona Commercial Park, Lot 18 Metro Office Park), and residential communities.

Differentiator

Problem solved

Functional benefit

Brands

• MB Sports: Sports entertainment and event production division delivering sports and special events to audiences in Puerto Rico since 2003, including World Baseball Classics, Major League Baseball series, and various sporting events.

Products and services

• Commercial Real Estate Management Management of over 1.3 million square feet of offices, warehouses, shopping centers, and parking facilities across Puerto Rico for enterprise and retail tenants.
• Hotel and Resort Operations Development and operation of hotels with 700+ rooms, event centers, and casino operations across 4 properties in Puerto Rico, including Sheraton Convention Center Hotel & Casino, Bahia Beach Resort & Golf Club St Regis, and Ponce Plaza Hotel & Casino.
• Residential Development

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• World Baseball ClassiccoreStrategic or Co-development Partner · 1 January 2006MB Sports produced World Baseball Classic events in 2006, 2009, 2013, and upcoming 2026 edition in Puerto Rico. All events were sold out, establishing Puerto Rico as a premier baseball destination.
• Montreal Expos/MLBcoreStrategic or Co-development Partner · 1 January 2003MB Sports has produced MLB Expos Series in Puerto Rico since 2003, hosting 22 regular-season games. Extended partnership with 2004 series (22 games), 2010 Marlins vs Mets series, 2018 Twins vs Indians series, and World Baseball Classics in 2006, 2009, and 2013. All games were sold out.
• Carlos Arroyo (Carmelo Anthony Foundation)minorStrategic or Co-development PartnerMB Sports worked with ex-NBA player Carlos Arroyo for Summer Camp 2006 and Hoop Dreams Tournament 2006. Partnership extended with Carmelo Anthony Foundation for MELO Weekend events in 2015 and 2016.
• Andre Agassi, Pete Sampras, David FerrerminorStrategic or Co-development PartnerMB Sports organized Puerto Rico Tennis Cup 2012 and hosted Andre Agassi Farewell Tour 2010 featuring tennis stars Andre Agassi, Pete Sampras, and David Ferrer.
• ISA (International Surfing Association)coreStrategic or Co-development PartnerMB Sports produced ISA World SUP & Paddleboard Championship 2022 and ISA World Surfing Games 2024 in Puerto Rico, establishing the island as a premier surfing destination.
• Sheraton Hotels & ResortscoreStrategic or Co-development PartnerSheraton Convention Center Hotel & Casino operated by Muñoz Holdings in Puerto Rico Convention Center District. Hotel features 503 stylish rooms including 22 suites with state-of-the-art amenities.
• St. Regis Hotels & Resorts (Bahia Beach)coreStrategic or Co-development PartnerSt. Regis Bahia Beach Resort & Golf Club developed by Muñoz Holdings on 483 acres of maritime forest. Features 139 luxurious guestrooms and suites with spectacular views, representing luxury hospitality.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hilton Worldwide: Major global hotel operator with a Caribbean footprint similar to Muñoz's hotel strategy; relevant as a benchmark for branded-hotel unit economics and as a potential alternative flag for Muñoz's convention center and Ponce Plaza assets.
• Simon Property Group: Largest US retail REIT operating shopping centers; comparable to Muñoz's commercial portfolio of shopping centers anchored by national retail tenants such as Walgreens, McDonald's, and Planet Fitness.
• Host Hotels & Resorts: Lodging-focused REIT that owns and operates upper-upscale and luxury hotels; directly comparable ownership model to Muñoz's 700+ room, three-property hotel/casino portfolio with branded flags including Sheraton and St. Regis.
• Marriott International: Global hotel franchisor whose Sheraton brand is operated by Muñoz Holdings' wholly-owned Sheraton Convention Center Hotel & Casino; directly comparable as the parent of the company's largest hotel asset and the dominant Caribbean luxury/midscale hotel incumbent.
• Vornado Realty Trust: Trophy office and retail property operator with mixed-use developments; comparable to Muñoz's Class A office portfolio in Metro Office Park (Valencia 1, Lot 18) and Corona Commercial Park in Guaynabo/San Juan.
• Federal Realty Investment Trust: Diversified REIT focused on open-air shopping centers and mixed-use assets in coastal/US territory markets; closely comparable to Muñoz's strategy of managing neighborhood shopping centers with high-credit retail and restaurant tenants.
• Hyatt Hotels Corporation: Luxury-focused hotel operator comparable to the St. Regis Bahia Beach Resort positioning; Hyatt's Inclusive Collection and luxury Caribbean resort portfolio represent the closest institutional benchmark for Muñoz's high-end hospitality economics.

Direct peers

• Oak View Group: Sports and entertainment venue development and event operator; comparable in scale and business model to MB Sports' specialty event-production division focused on marquee international sports competitions.
• Live Nation Entertainment: World's largest live entertainment promoter producing sports and concert events globally; directly comparable to MB Sports' role as event producer for MLB Series, World Baseball Classics, and ISA championships in Puerto Rico.
• AEG (Anschutz Entertainment Group): Sports event organizer and venue operator that produces major international competitions and tours; directly comparable to MB Sports' recurring MLB/WBC/ISA event production model and similarly integrates venue, event, and brand operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@mbsportstvpr

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 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 Muñoz Holdings