Directors Fernando Levy Hara and Stephan Gietl realised 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, highly sought after speakers at Harvard University, especially on real estate cycles.
Levy Hara and Gietl have specialised 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 its inception, McKafka Development Group has acquired notes, properties and development sites exceeding $100 million in value and has sold more than 500 units mostly to international investors. With its latest condominium development, The Crimson, McKafka Development Group will certainly leave an imprint on Miami’s skyline.
McKafka Development Group was excited to announce its latest development addition, a 282-multifamily project in Sarasota, Florida. With this development, McKafka Development Group is evidencing once more its right timing for the market.
Stephan Gietl serves as the Chief Finance Officer and Chief Operating Officer of the company. Originally from Austria, he was responsible for the completion of a mix-used project called Palladium in Downtown Prague, with more than one million square feet of shopping centre, office and parking space. Stephan is instructor of executive education at Harvard and member of Harvard’s Board of Real Estate Academic Initiative.
Development services
Our development service division has a very strong capability to evaluate a project’s feasibility, from a 360-degree perspective, which 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 we work on.
Property management
Mckafka Property Management specialises in providing a full range of residential property management services to such 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 their fingertips, from any mobile device. Our ability and experience in residential property management allows McKafka Property Management, LLC to serve and provide personal attention to our clients.
Realty services Helping to maximise the return of your investment, McKafka Realty’s team emphasis lies in minimising any vacancy of your property, as well as maximising your income. With our in-depth market knowledge, we assist you in generating outstanding rental and sales income.
The Crimson case
study One of our firm’s projects, 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 town homes. The Crimson units range from approximately 780-1600 square feet, spanning nine different floor plans, plus there is ample storage and parking available. The building also offers six penthouses, equipped with an outdoor terrace and private hot tub.
