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brochure learn more about us
ABOUT US MCKAFKA DEVELOPMENT GROUP IS A FULLY INTEGRATED REAL ESTATE SERVICE GROUP WITH DEVELOPMENT, PROPERTY MANAGEMENT AND REALTY SERVICES, SPECIALIZED IN DISTRESSED ACQUISITIONS AND COMPLETE DEVELOPMENT OF PROPERTIES IN SOUTH FLORIDA. Directors Fernando Levy Hara and Stephan Gietl realized their shared passion for real estate and architecture while attending the Advanced Management Development Program in Real Estate (AMDP) at Harvard University Graduate School of Design. AMDP is exclusively for entrepreneurs and senior-level professionals with minimum 15 years of real estate-related experience. Both Levy Hara and Gietl are in the meantime sought after speakers at Harvard University, especially on real estate cycles. Levy Hara and Gietl have specialized during the downturn of the economy in the years 2009 and 2010 in acquiring distressed assets, amongst them notes, fractured condominiums and land. Both developed residential and commercial projects in South Florida, Europe and Latin America including the successful waterfront condominiums Regatta and Bay View Lofts in Miami Beach. Since it’s inception, McKafka Development Group has acquired notes, properties and development sites exceeding 100 million USD in value and has sold more than 500 units mostly to international investors. With it’s latest condominium development, The Crimson, McKafka Development Group will leave an imprint on Miami’s skyline. McKafka Development Group is excited to announce its latest development addition, a 282 multifamily project in Sarasota, at Florida’s Gulf coast. With this development McKafka Development Group is evidencing once more its capacity in delivering a class A project and its right timing for the market. 01 FERNANDO LEVY HARA STEPHAN GIETL Levy Hara is likewise Stephan Gietl a principal and co‐founder of Aventura, FL‐based McKafka Development Group. He serves as a Managing Partner and Chief Executive Officer, as well as the Broker and Founder of McKafka Realty, LLC, one of three separate divisions under the company umbrella. Stephan Gietl is likewise Fernando Levy Hara a principal and co‐founder of Aventura, FL‐based McKafka Development Group. He serves as the Chief Finance Officer and Chief Operating Officer of the company. CEO - MANAGING PARTNER Originally from Argentina, planned, designed and built more than one million square feet of commercial and residential projects in South Florida, including Bayview Lofts and Regatta in Miami Beach, and One Aventura Executive Center in Aventura. Fernando is instructor of Executive Education at Harvard and member of Harvard's Board of Real Estate Academic Initiative. CFO & COO - MANAGING PARTNER Originally from Austria, was responsible for the completion of a mix-used project called Palladium in Downtown Prague with more than one million square feet of shopping center, office and parking space. Stephan is instructor of Executive Education at Harvard and member of Harvard's Board of Real Estate Academic Initiative. 02 SERVICES DEVELOPMENT SERVICES Our development service division’s strong capability to evaluate a project’s feasibility from a 360 degree perspective makes mckafka a first choice developer. The team’s sophisticated skills span our services from distressed asset acquisition to overall development services including key turn projects. Our dedication to every detail in the whole development chain puts mckafka at the forefront delivering outstanding project results. Implementation of our self-developed cost and project management tools further enhances governance and goal compliance of any development project. PROPERTY MANAGEMENT Mckafka Property Management is specialized on providing a full range of residential property management services to property owners especially international investors. Our portfolio comprises hundreds of condominium units in Fort Lauderdale and Miami, Florida. With our fully integrated online management tool our investors receive a full picture of their investment at a fingertip from any mobile device. Our ability and experience in residential property management allow McKafka Property Management, LLC to serve and provide personal attention to our clients. REALTY SERVICES Helping to maxims the return of your investment McKafka Realty’s team emphasize lies in minimizing any vacancy of your property as well as maximizing your income. With our in depth market knowledge we assist you in generating outstanding rental and sales income. 03 PROJECTS || THE THE CRIMSON CRIMSON PROJECTS THE CRIMSON The Crimson will offer buyers and investors a cost effective residential experience with ultra luxury amenities. Located at NE 27th and Biscayne Blvd, this LEED Silver project will feature 1, 2 and 3-bedroom residences, penthouses and townhomes. The Crimson units range from approximately 780-1600 square feet spanning nine different floor plans plus ample storage and parking. The building also offers six penthouses equipped with an outdoor terrace and private hot tub. The amenities of The Crimson, also referred to as the CClub, will include an 8th floor pool deck, a landscaped promenade sundeck, hot tub, outdoor/indoor mini-theatre, a cybercafe, lounge, a business centre, a state-of- the-art gym and spa. ADDITIONAL INFO Construction Start: Feb 2014 Top Off: December 2014 Total Number of Units: 90 Construction Completion: Fall 2015 www.crimsonmiami.com 05 N OSMIRC EH T | SERENE STCEJORP PROJECTS | LE LE SERENE Le Serene will comprise 282 units for rent, spread over three buildings each four stories high, in a lot of 8.9 acres (3.6 hectares), located a couple of feet from Fruitville Road, which is the main pathway of access to Downtown Sarasota and the beaches of Sarasota from Highway I - 75. Luxury amenities in this community will be a given. The vicinity to major shopping destinations, some of them even in walking distance as well as to main traffic arteries distinct this unique location from many others. Combined with the scarcity of available new product (no new developments have been seen the last 8 years), the high above state and national occupancy rate of 98% and yearly rent increases of 3% and more, make us believe that demand is significantly outpacing supply at least for the next 3-5 year. ADDITIONAL INFO Construction Start: End of 2015 Number of Units: 282 – 286 Number of Parking: > 500 Construction Completion: 2017 06 PROJECTS | THE CRIMSON PROJECTS | LAS OLAS LAS OLAS Las Olas by the River has been our first distressed acquisition in the Fort Lauderdale area. With its outstanding location next to the Las Olas Boulevard and the River it proved to be huge success. Within 10 months the acquired 62 units were sold to investors all over the world. It's mixture of 2 and 3 bedrooms with upscale and luxury amenities drew attention of investors from South America, Canada and Central and Eastern Europe. All units were rented from the first day of our acquisition and are providing a steady cash flow to its investors. With the anticipated value increase from a bottom level over the next years this investment bodes well for strong yields at exit. ADDITIONAL INFO Acquisition Date: July 2010 Number of Units Purchased: 62 Total Number of Units: 244 Sold out as of: May 2011 07 N OSMIRC EH T | STCEJEAST ORP PROJECTS | VILLAGE VILLAGE EAST Situated in the strategically important arterial SE 17th Street in Fort Lauderdale, which is the gateways to the beautiful Ft. Lauderdale Beach, the project is surrounded by a very strong employment center which drives thousands of residents to this area, including Broward Medical Center, Fort Lauderdale Hollywood Inter-national Airport and Port Everglades, the largest cruiser port worldwide. The unique location of this site grants access to the busiest transportation hubs in the area. The 68 units are composed of 1 and 2 bedrooms with strong rents marketed to residents benefiting from the multiple employment opportunities close to the property. All units have been sold to international investors. ADDITIONAL INFO Number of Units Purchased: 68 Total Number of Units: 264 Sold out as of: December 2011 www.villageeastcondos.com 08 PROJECTS | THE CRIMSON PROJECTS | MIA AIRPORT VILLAS MIA AIRPORT VILLAS MIA AIRPORT VILLAS is a fully-furnished apartment building in a professional managed rental complex. This is the closest apartment building to Miami International Airport; it is located JUST 3 MINUTES AWAY from the only access to the Airport. We provide FREE SHUTTLE to and from the airport. Whether you are in Miami for business or pleasure, you will find that MIA AIRPORT VILLAS is convenient to ultimate shopping destinations, the airport, cruise port, the nightlife of Miami Beach and more. ADDITIONAL INFO Acquisition Date: December 2011 Number of Units: 90 Total SF: 64500 www.miaairportvillas.com 09 PREVIOUS PROJECTS PREVIOUS PLUS ONE ORLANDO DOWNTOWN REGATTA EDGEWATER LOFTS PALLADIUM 260,000 S.F. Mix-used building (commercial, retail and residential) in the heart of Downtown Orlando, FL. 56 Luxury residential condominium units by the water of intracoastal Indian Creek , Miami Beach, FL. 62 Residential condominium units in the trendy area of Edgewater, Downtown Miami, FL. 1MM+ S.F. build - Mixed-use (retail, office and underground parking with direct access to the subway system). Historical military barrack site from the 18th century in the heart of downtown Prague, Czech Republic. ONE AVENTURA BAY VIEW LOFTS GALLERY ART PRAGUE CITY CENTER 210,000 S.F. Office condominium building located in Aventura, FL. 24 Loft style residential condominium units by the water of Intracoastal Biscayne Bay, Normandy Isles,Miami Beach, FL. 182 Residential condominium units in the trendy area of Edgewater, Downtown Miami, FL. 200,000+ S.F. First class A office project in Czech Republic after the velvet revolution. Located in a prestigious address at Prague 1, Czech Republic. PROJECTS 10 STAKEHOLDERS At McKafka, we work across our business to be a responsible partner to those who place their trust in us. Knowing that our behavior affects all of our stakeholders (Investors, Architects, Financing, Constructors, Sales, Marketing, and other partners), we seek to ensure their voices are considered in decisions we make. As a contractor in South Florida I have always believed that the success on any project, is directly dependent on the working relationship between the Owners, Designers and Contractors (Including Trade Contractors). The team atmosphere is extremely important, and understanding that no one entity is going to make the project successful by itself. This philosophy off course starts with the owner and setting the example for the rest of the team. This is only done by letting the actions of anyone entity speak for themselves. I would like to thank and congratulate McKafka for leading by example and maintaining the team approach in order to make the Crimson project a success. We look forward to working together with McKafka on many more future projects. FACCHINA CONSTRUCTION JESUS R. VAZQUEZ, COO The Aventura Marketing Council has been honored to have McKafka development on our Executive Committee for many years, providing their global experience and expertise as well as serving as outstanding role models for our business community. AVENTURA MARKETING COUNCIL ELAINE ADLER, PRESIDENT As a principal of ISG and Related-ISG, I have the opportunity to work with some of the brightest minds, fueled by passion, at the highest levels of real estate, here in Miami. The principals of McKafka Fernando Levy Hara and Stephan Geitl of McKafka demonstrate a consistent attention to their development business, that makes McKafka deserving of first class status, as developers. The evidence can be found in the reputation of the principals and the quality of their finished buildings. ISG INTERNATIONAL SALES GROUP CRAIG S. STUDNICKY, PRINCIPAL I know Mr. Gietl for many years and we have quite a few projects together successfully handled. It began with the Palladium in Prague as well as the two Projects in the US and most recently The Crimson Tower. Mr Gietl is not only a personal good friend but also an outstanding Business Partner. I can only recommend working together with him and his partner Fernando Levy-Hara. OSIRIS MANAGEMENT GROUP HORST PICHLMUELLER, CEO Diligence, excellence and professionalism to the maximum is what the McKafka group delivers, a role model for others to follow. BANESCO USA ALINA D. GARCIA-DUANY, EXECUTIVE VICE PRESIDENT, CHIEF LENDING OFFICER 12 McKafka Development Group, LLC One Aventura Executive Center 20900 NE 30th Ave., Suite 603. Aventura, FL 33180 USA: +1.305.917.7673 - ARG: +54.11.5129.6687 - FAX: +1.305.917.7674 info@mckafka.com - www.mckafka.com Photos by Kay Gaensler