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Dev Motwani

Dev Motwani

President and CEO

$377M

Volume

$137M

Sold

$240M

Financed

9

Closed

8M

Area

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SOLD
SELLER
Robert Rossi Acquires Retail Property In Zephyrhills For $6.4 Million From Dev Motwani And Dale Reed
Retail$136 PPSF47K sqf
Dev Motwani
Dylan Morse
+ 2
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SOLD
BUYER
Dev Motwani Of Merrimac Ventures Acquires Office And Retail Properties In Fort Lauderdale For $7.35M
Office$363 PPSF20.2K sqf
Dev Motwani
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FINANCED
LANDLORD
Related Group And Merrimac Ventures Secure $160 Million Construction Loan From Bank OZK For Pompano Beach Project
Dev Site
Dev Motwani
Jon Paul Pérez
+ 1
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FINANCED
BROKER
Dev Motwani And Nitin Motwani's Merrimac Ventures Secures $80 Million Refinance Loan For 306-Unit Plantation Multifamily
MultiFamily$266 PPSF300K sqf
Brad Williamson
Mitch Sinberg
+ 6
Dev Motwani Acquires Office Building In Fort Lauderdale For $2.1M
Office$831 PPSF2.5K sqf
Dev Motwani
Alan C Hooper
Dev Motwani Acquires Development Site In Fort Lauderdale For $6.4M
Dev Site$284 PPSF22.5K sqf
Jaime Sturgis
Dev Motwani
+ 2
Moshe Oppenheim Acquires Office Building In Fort Lauderdale For $2.2M
Office$1.2K PPSF1.8K sqf
Dev Motwani
Adam Neumann Acquires Retail Property In Fort Lauderdale For $17 Million
Retail$1K PPSF16.5K sqf
Douglas K. Mandel
Tyler Kuhlman
+ 3
Sterling Equities Acquires Multifamily Asset In Pompano Beach For $95.3M
MultiFamily$12 PPSF7.5M sqf
Kewsong Lee
Fred Wilpon
+ 2

About

Dev Motwani serves as President and CEO of Merrimac Ventures, a Fort Lauderdale-based real estate firm that focuses on value-add investment and development opportunities. Property types owned and operated include hotels, condos, retail, office, and rental apartments primarily in South Florida but also throughout the United States. Dev is also Founder and Managing Partner of Ramesh Properties, a distressed real estate investment fund focused on opportunistic investments in residential and commercial development sites throughout South Florida. He currently oversees nearly $750 million in development projects. Current projects include the Four Seasons Hotel and Private Residences, The Gale Boutique Hotel and Residences, as well as Las Olas Riverfront, all in the Fort Lauderdale area. Dev is Founder and Managing Partner of Chieftain Residential, a yield-oriented distressed residential fund purchasing single-family homes, and residential land, primarily in the Southeast US and Texas. The fund aims to balance current income opportunities through the rental markets for its single-family home inventory, while also targeting capital appreciation in single-family homes and land as the US... Read More
Member since: August 2022