Stephen Bittel’s firm grew into a multi-faceted entity. It now comprises an independent brokerage firm, development and design firm, and a private equity entity.
Realtybiznews.com’s article entitled “Terranova Founder and Chairman Stephen Bittel’s New Leases Provide a Glimpse at a Brighter Horizon”, shares how the Terranova CEO’s success in the real estate requires a combination of skill, risk tolerance, and sometimes sheer luck to achieve.
Stephen Bittel, the Chair Emeritus of the Building Industry Association of South Florida (BIA), is regarded as one of the leading experts on South Florida’s property markets. He has been a critical contributor to the growth of real estate and private equity in South Florida and has been a consistent force in protecting the interests of both buyers and sellers.
Stephen Bittel’s commitment has been to give back to the community. He started a charitable foundation, the Stephen Bittel and Donna H. Brown Foundation, in 2002 in his father’s name. In 2008, the foundation added his mother’s name to the title and changed it to the Donna H. and Stephen Bittel Foundation. The foundation supports individuals and families in the South Florida area and supports education and cultural enrichment.
In addition to a background in real estate, Bittel has extensive experience in real estate finance and business. In his current role as Chairman of Terranova, he actively assists clients on the boards of companies he has personally funded. After graduating with his law degree, Bittel settled down in Florida and immediately engaged in the property sector.
In 1982, Terranova Corp began representing New England Mutual Life Insurance Company as its exclusive broker in its South Florida office. By the end of the first year was handling $23 million worth of commercial real estate deals. Terranova has always worked with national commercial real estate development and investment companies, brokerage firms, investors, and architects from its inception. In 2001, Terranova acquired its largest office tenant, Seminole Towne Center. This acquisition expanded Terranova’s reach and allowed the company to incorporate real estate advisory services to other properties owned by the client.
Before becoming a businessman, Stephen Bittel studied law at Miami and practiced the profession for seven years. He then joined his father’s real estate and construction firm, where he worked for six years. A founding member of Miami Downtown Development Authority, Bittel is a member of the Urban Land Institute and is the former board chair of the Greater Miami Chamber of Commerce. Bittel and his wife, Donna, have a daughter and a son and live in Coral Gables, Florida. Refer to this page for more information.
Find more information about Bittel on https://www.stephenbittel.co/about