Benderson Development is one of America's largest privately held real estate companies, with a portfolio that includes more than 800 properties totaling over 50 million square feet in 40 states.. Dennis Anderson age, height, net worth 2023, wife, girlfriend, kids Ronald E Benderson - Family Office Marketplace His father's career was going in the other direction. Instead, before the age of 16, he started his first company -- Bison Bottle Co. -- which specialized in buying and reselling beer bottles. He sold Christmas tinsel in his grandfather's cigar store, fireworks for the Fourth of July and flowers from his mother's garden, according to old newspaper stories and Dick Hirsch's biography "The Bubble Didn't Burst: The Story of Nathan Benderson.". His achievement stems from the ascension of diligent labor. Benderson Development has an overall rating of 4.6 out of 5, based on over 36 reviews left anonymously by employees. 1255 N. Gulfstream Avenue, Suite 101, Sarasota, FL 34236Phone: (941) 487-1100, By "The acid test for equity funding is simple - if Arcadia believes a project is investment-worthy, there will be no shortage of equity to fund it. Benderson got back into bottles for five years, then decided to buy a brewery -- trucks, equipment, beer, bottles, cases and all -- at a foreclosure auction. Friends and co-workers say the former nurse, known to decompress through nature and solitary travel, is as compassionate as she is tough. By 1958, his company's property assets totaled $14.5 million. Benderson enjoys relationships with nearly 1,700 tenants, 90 lenders, and six major banks. 1957: Jim Cox Jr. takes over the company after his father's death. The Queen Mother of the philanthropic scene, Jacobs, 65, head of The Patterson Foundation, is the connector, collaborator and confidante of just about every philanthropy professional in the region. Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. Because no one in Buffalo knew where he got his money, there were rumors that Benderson had mob ties. Brilliant Wharton B-school grad and developer Pat Neal, 67, of Neal Communities dominates the regional builder landscape and is consistently ranked one of Americas best builders. Jordan Levy, now a venture capitalist, recalls that Benderson was a favorite in their middle-class neighborhood. In the case of Fred Meyer, parent Kroger Co. will commit to new 25-year leases with Benderson, the base rent for which is $25 million annually for the 28 locations. The funeral will be held at 11 a.m. Wednesday in Temple Beth Zion, 805 Delaware Ave., Buffalo. The man who collected broken glass as a child to afford a new pair of shoes prefers to keep his fortune closely guarded and in the family. Their calls get answered, their agendas turn into action and their networks spread far and wide. Benderson Family Skilled Nursing and Rehabilitation - US News Health Skeptics have said the waterfront development in Buffalo, an old steel town, is foolhardy. He attended both Bennett and Lafayette high schools but never graduated. However, it's rare for influencers to rely on a single source of revenue. On one day alone in 1933, he bought 1.8 million empty bottles from Phoenix Brewery, which viewed them as obsolete, and resold them. Net worth: $24.5 billion Source of wealth: Hearst Corporation About 67 family members share the fortune that William Randolph Hearst created when he took over the San Francisco Examiner in the . Potential developers: Sarasota's Benderson Development Co. and Sarasota Commercial Management Inc. "As of March 31, 2003 (close of the most recent fiscal year), Benderson has completed an independent auditor's report, prepared by Brock, Schechter & Polakoff LLP. "We're not interested in being Donald Trump-type business people," Benderson said. largest privately held real estate companies in America with a diversified portfolio spanning 40 states. Mr. Benderson set up a trust with the funds to go to charities upon his death, said Jordan Levy, chairman of the Erie Canal Harbor Development Corp., and a lifelong friend of the Benderson family. Drafted into the Army in 1941, Mr. Benderson served in Bermuda and stateside throughout the war. Developers Diversified is paying Benderson $2.3 billion. Now a paralegal and vice president of the Florida ACLU, Barfield works with attorney Andrea Mogensen, defending the rights of Sarasotas homeless and forcing local governments, often through costly lawsuits, to operate in the Sunshine. Respected, feared and even hated, he seems indifferent to the emotions he evokes. "More people thought we were going to go broke than thought we would become successful," Benderson said. Home. Smart and single-minded, hes often right, but he can be his own worst enemy, hurling overheated accusations of corruption and greed that can turn people off and get in the way of achieving his often admirable ends. By 16, he quit school and bought an old truck, hauling bottles to as far away as Cleveland. A creative problem solver, he has been a key player in diversity conversations at the Sarasota Bar, in Newtown and at New College of Florida. It also raises its overall portfolio to more than 800 properties totaling 45 million square feet in 40 states. The business meant more money to send home for his wife, Dora, and their first son, Ronny. Some gripe that Barwin has all the power and none of the accountability, but no one can deny the city he manages is prospering. Additionally, the leases contain 5% rent increases every five years, so that by 2046 Fred Meyer will pay Benderson roughly $32 million annually, says Jose Carrazana, a broker who helped negotiate the sale leaseback, in a statement. talladega high school basketball. His rise to the status of one of the worlds wealthiest people is a direct result of this success. Each of the 25 power players on our list wields major clout in our community. Day by day the total earnings of Ronald Benderson are increasing and by the side he is getting popular. Most of all, theyre people whose influence is local; some prominent names arent on our list, because they work mainly at a state or national level. Forbes 400: Full List Of America's Richest People Consulate Health Care of Sarasota 4783 Fruitville Road, Sarasota, FL 34232. Randy Benderson, Real Estate Leader with Track Record of Success We continue to aggressively add to this segment through individual and portfolio acquisitions. Dont hug her or shake her hand, thoughshe fends off germs by hands-free greetings. W. Kyle Gore, a CGA Capital co-founder and managing director, says in an email that his firm was also involved in the Fred Meyer effort, but he declined further comment. He also bought and demolished dilapidated buildings along Delaware Avenue, particularly between Allen and North streets, putting up new office buildings and other facilities -- including the Holiday Inn -- that stand today. When the project failed, he lost $1 million. No matter how many battles hes lost, he continues to wage the war, undeterred by the groans when he grabs the microphone. "However, intense efforts to arrange their personal financial commitments or to locate financial partners will not proceed until the proposal winner is selected. Lakewood Ranch celebrated its 20th anniversary last fall. Benderson Family Skilled Nursing and Rehab Center Dennis Anderson takes home a monthly salary of $32,000, while his net worth is reported to be $5 million US Dollars. Your email address will not be published. 1988: Jim Kennedy . He never leaves the house before he exercises. "He had his whole future in front of him, an exemplary firefighter and employee, just a great all-around person. West University Avenue Lofts: started 2003; $3 million; SunTrust National Bank and private limited partner equity investor. Mr. Benderson entered the real estate business in 1951, when he bought the eight-building Schreiber Brewery on Fillmore Avenue at a foreclosure auction for $275,000, before selling off all the equipment and beer and redeveloping the property. He sold fireworks for Fourth of July. The tough-as-nails founder of Medallion Home, now shuttered Colony Resort on Longboat Key. Behind the scenes, Mr. Benderson was a generous donor to philanthropic causes and became the largest donor ever to Buffalo's Jewish community, giving millions of dollars over many years. Over the next decade, Mr. Benderson brought outlet malls to Florida, Virginia, Arizona, California, Oregon and Idaho. How many people besides Schroeder-Manatee Ranch chief Rex Jensen thought it possible? Fred Meyer is a leader in these markets, and were very pleased to strengthen and enhance our long-term partnershipwith them.. "Robert Davis' longstanding role in founding and developing Seaside speaks for itself in terms of commitment to excellence and Arcadia's capabilities. The Lifetime Achievement Award is the highest honor the charity can bestow and Randy Benderson is committed to keeping his fathers legacy alive by seeking ways to help and provide significant contributions to the Jewish community in Buffalo. Smith Barney Building: started 1997; $1.5 million; Bankers Trust. As of December 2003, Benderson has 356 separate mortgages outstanding for $1.68 billion dollars. Charming and likeable, she can be aggressive, and she comes equipped with a statewide power base because of her CPA (and new School Board member) husband Eric Robinson and his deep Republican connections. Palmetto Place, Bridgeside Place and the Highland Beach Club are all excellent real examples of our ability to achieve highly competitive construction financing commitments with prominent lenders such as Bank of America, Ohio Savings (AmTrust Bank), or General Electric Capital Corp. "We are in serious discussions with each of the above referenced lenders with our proposed Thirteen Fifty Main mixed-use project one block to the south of the Palm site. He and partner Phil Mancini have created a catering empire in this very social city, and lately Klauber has been channeling his nonstop enthusiasm and energy into serving as auctioneer at fund raisers, too. They build empires, in fields from shopping center development to restaurants. Over nearly eight decades -- beginning when he was a teenager in the midst of the Great Depression -- Mr. Benderson started several companies from scratch and transformed the real-estate landscape in Western New York, constructing many retail plazas and office buildings that still exist today. Millionaires Club | Business Observer "Benderson, and affiliated companies, has been in business for over five decades. Projects he doesnt favorsuch as a homeless shelterdie on the vine. Through our commitment to long-term ownership and continuous reinvestment in our properties, we are able to cater to the business needs of today and tomorrow. So what does Sabres GM Kevyn Adams do this week? But in the past, even if the players changed, they tended to come from the same placesfor example, banks, churches, nonprofit institutionsand they tended to work closely together. Nates Place is an animal adoption center that rescues and places as many as 1,000 animals a year. During 2003, Benderson completed 28 permanent financings for a combined $281 million, five mortgage refinancings for $57 million, and three major pool acquisition financings for $160 million. Schooled during the Depression, Mr. Benderson was cautious in his projects and didn't build lavish buildings. Today he drives Fords -- although in Sarasota he sometimes pulls out a Rolls-Royce that his children bought him for his 80th birthday, a gift he tried to return. Fifteen of the Fred Meyer stores that were part of the transaction are located in Oregon, while another 10 are in Washington state. At restaurants he would not allow them to order Coca-Cola. You have permission to edit this article. The superstores consist of 380 acres across Washington, Oregon, Idaho, and Alaska. Benderson is also famous for his frugality. Randall I Benderson. Now in his second term as Sarasota County Sheriff, the former Highway Patrol trooper and Venice High grad, 53, has a congenial, open manner thats helped him win friends and respect at all levels of the community and state. This Q4 retail quarterly index report reveals how economic headwinds impacted key retail CRE categories during the critical holiday shopping season, and what their performance tells us about consumer behavior and brick-and-mortar retail in the year ahead. City commissioner and current mayor, Shaw, 68, a retired postal employee whose family history here goes back more than 110 years, may be the most respected leader in Newtown. Who was Nathan Benderson? - Sarasota Herald-Tribune A lawyer by training, with a jovial public personality that serves him well in speech making and fund raising, Thompson, 68, contends creativity is the cornerstone of Sarasotasand the worldschanging economy. The Benderson family is worth billions of dollars and employee many lawyers and CPAs. They include a $218 million purchase of the land beneath Pioneer Natural Resources 10-story, roughly $1 billion corporate headquarters in Irving, Texas; a $130 million leaseback acquisition of Thrivent Financials new corporate headquarters in Minneapolis, Minnesota, an eight-story, 264,139-square-foot building; and an equity stake in the land beneath Duke Energy Corp.s new Charlotte Metro Tower in North Carolina, a 40-story skyscraper with 1 million square feet. 87% of employees would recommend working at Benderson Development to a friend and 87% have a positive outlook for the business. Meet the 25 Most Influential Men and Women in Sarasota Today var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Benderson Development is an individual who has become a celebrity by his charismatic works. A Democratic state senator in the 80s, Nealnow a Republicanis an important Republican donor. Its been nearly a decade since we compiled a list of Sarasotas most influential people, and as we worked on this story, we realized that power here is not what it used to be. Like most developers, some of Benderson's deals went sour. 800 PROPERTIES 40 STATES 50+ MILLION SF OUR DIVERSE PORTFOLIO MARKET-DOMINANT AND SPECIALTY SHOPPING CENTERS As of December 2003, Benderson has 356 separate mortgages outstanding for $1.68 billion dollars. Some of these charities are JCC Buffalo, or the Jewish Community Center of Greater Buffalo, The Jewish Federation of Greater Buffalo, and the Israel Bonds Organization. The Benderson Family Life Insurance Legacy Initiative is in excess of $130 million and will go to whatever charities the family decides to support, Levy said. benderson family net worth - thegamersblog.com A theater fan, she showed her own creativity in the innovative way shes envisioned the foundation, which instead of vetting grant applications launches its own ambitious and imaginative initiatives, in areas from childrens reading and homelessness to reinventing the nations military cemeteries. Barwin, 62, a tall, long-faced career bureaucrat, is agreeable and smart (some say crafty). "The scope and depth of his generosity are on a scale that is unmatched in Western New York.". "He knows every tenant, every lease, the terms, the rents and he knows the vacancy rates at each of his shopping centers. The bankers balked when Benderson handed over only $10,000 of a $275,000 bid, but he convinced them to let him take over the mortgage. For 23 years, the dynamic head of Planned Parenthood of Southwest and Central Florida, 64, has lived, breathed and fought for her cause, braving ever-rising political pressure and even death threats to bring affordable, essential health care to the region. Randy Benderson: Continuing the Benderson Legacy - A Million Lives Dennis Anderson is an example of someone who started low in life and then . Sarasota Magazine About Us | Bederson LLP The 25 Richest Families In The World- 2021 - Bloomberg.com Bill Gates Net Worth: $81 B Source of wealth: Microsoft 2. The projects highlighted below are for the most part completed projects with actual construction commitments financing that have been achieved and successfully paid off by the principals of Sarasota Main Street. 2023 Could be Year Apartment Owners Compete for Renters, Beyond Population Shifts: Why Multifamilys Outlook Is Good, Cost of Capital Has CRE Projects Mostly Stalled. To be honest, it was a really hard way to walk. Randall I Benderson - Family Office Marketplace And they do it faster and better than anyone else," Masiello said. Thirteen Fifty Main: scheduled to start construction in the summer; $50 million; conventional financing by a local Sarasota lender, such as Sarasota/Colonial Bank, AmSouth or United Bank. As was the case in both the Thrivent and Duke Energy deals, Benderson worked with Timonium, Maryland-based CGA Capital, which specializes in net-lease financing and acquisitions and has closed more than $20 billion worth of deals since its formation in 2009 by executives from RBS Securities and formerly Legg Mason Inc., of Baltimore. Over the next two decades, Mr. Benderson developed office buildings for corporate tenants such as MetLife, John Hancock, Pitney Bowes and IBM all over the Northeast. The letter was signed by Ron Weisser and C. Dean Patrinely. Jewish Community Center of Greater Buffalo - Benderson Family Building (When the city commission tried to impose annual inspections on that project, he stormed out and won approval on his own terms.) Hes also played a central role in the citys agonized debate over homelessness. Nathan Benderson, a high school dropout who turned painful Depression-era family memories into a highly successful business career that made him the founder of Buffalo's most prominent. Jensen, 61, made the vision a reality, and his influence keeps growing with the ranch. Randall I Benderson. Early Life & Family Benderson Development was born in USA. Benderson Development net worth is believed to be more than a couple of million dollars, according to Forbes and business insiders. The four finalists for developing a project at Palm and Cocoanut avenues appear to have the experience and the funds to deliver. Still, he was barely making it financially. Tough but fair, she has a sharp sense of humor and can take it as well as dish it out. He bought a condominium on Longboat Key in Florida in 1993, and started developing commercial retail property in the Sarasota area. Bridgeside Place, Fort Lauderdale: started 1998; $53 million; Bank of America. The co-owner of Michaels On East Restaurant and Michaels Wine Cellar, 61, paid his dues at his familys now shuttered Colony Resort on Longboat Key. He expects those he deals with to have done their homework. No one ever had anything nega, A 37-year-old Buffalo firefighter died while fighting a four-alarm blaze on Main Street downtown that may have been sparked by work being done, A vandal smashed numerous statues overnight at a park honoring veterans and first responders in front ofRussell's Steaks, Chops & More, 6, While Amherst police were on the scene, a number of fights started among groups within the crowd in the mall lot on Alberta and in the Wegmans, "The questions, concerns and issues raised in The Buffalo News' reporting concerning Forest Lawn depict a nonprofit that has serious problems .