Marc Roberts (sports agent)

Last updated
Marc Roberts
Born (1959-09-20) September 20, 1959 (age 63)
OccupationSports agent
SpouseMarci Lynn Mazzotta
Children2

Marc Roberts (born September 20, 1959) is an American entrepreneur, real estate developer and businessman. He is the first person to take a sports management company public in the United States.

Contents

Biography

Roberts was born in Newark, New Jersey, and raised in nearby West Orange. [1] Roberts "got into the agent business" at the age of 19 while attending American University in Washington, D.C., where he played on the university's basketball team. [2] Roberts's teammate, Russell Bowers, was the nation's leading scorer, and Roberts became his agent against his coach's orders. [2] Roberts dropped out of American University after three semesters to focus on being a sports agent full time. [3] [fn 1]

Roberts began promoting amateur boxing bouts at Plainfield High School in 1980. [4] At the age of 19, Roberts became the youngest person to promote a professional boxing match. [5] When Roberts was 21 years old, his client Donald Curry won a world championship, his first client to do so. [6] In 1988, Roberts, then aged 28, signed three new boxers, including Ray Mercer and Shannon Briggs. [7] In 1990, Roberts took his sports management company, Triple Threat Enterprises, public on NASDAQ. [8] Roberts later founded Worldwide Entertainment & Sports Corporation, which became the first "full–service sports management company" to go public on NASDAQ. [5]

Roberts developed an interest in real estate and started investing in small projects. In 2000, he moved to Florida where he concentrated on residential real estate. A short few years later, Roberts had completed over $1 billion in condominium conversion projects around the country and was a partner in Sunvest, a condominium conversion company. Roberts'other investments include oceanfront properties in Florida (Singer Island, Fort Lauderdale, South Beach, several intracoastal properties in Palm Beach County) and a 32‐story residential building, called the Metropolitan, on the Upper East Side of Manhattan. [9]

Roberts then shifted to commercial properties in Miami by co‐founding Miami Worldcenter, the second largest mixed use development planned in the United States. Marc Roberts Companies became a real estate investment and development firm with upward of $1 billion in investments.[ citation needed ] Roberts' portfolio includes over 10 acres of property in Miami contiguous to the Miami Worldcenter Roberts is also a co‐owner of Club E11even, a nightclub and cabaret in Miami.[ citation needed ]

In 2005, Roberts was honored as Man of the Year by the Crohn's and Colitis Foundation of America. [10]

Personal life

As of 2018, Roberts lives in Miami Beach, Florida with his wife Marci Lynn and two sons, Ryan and Justin Roberts. [11]

Books

Footnotes

  1. Other sources say that Roberts graduated from American University with a degree in business marketing in 1980. [1]

Related Research Articles

Niche real estate refers to specialized sectors of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, golf course redevelopment, waterfront homes, beach houses and luxury homes. These are categories in which potential buyers think about the property they seek. They are also used by real estate marketing companies to reach these types of buyers. In this context a niche describes a specific segment of home buyers and sellers, classified by ethnicity, nationality or socio-economic group.

<span class="mw-page-title-main">Stephen M. Ross</span> American businessman

Stephen Michael Ross is an American real estate developer, philanthropist, and sports team owner. Ross is the chairman and majority owner of The Related Companies, a global real estate development firm he founded in 1972. Related is best known for developing the Deutsche Bank Center, where Ross lives and works, as well as the Hudson Yards Redevelopment Project. According to Forbes magazine, Ross has a net worth of $7.6 billion in 2020, ranking him 185 on Forbes Billionaires List in 2020. He is still featured on the list as of 2023. Having doubled his net worth since 2008, he paid no income taxes in the next decade utilizing the losses on the properties he owned. Ross is also the principal owner of the Miami Dolphins and Hard Rock Stadium.

<span class="mw-page-title-main">Fontainebleau Miami Beach</span> Hotel in Miami Beach, Florida

The Fontainebleau Miami Beach is a hotel in Miami Beach, Florida. Designed by Morris Lapidus, the luxury hotel opened in 1954. In 2007, the Fontainebleau Hotel was ranked ninety-third in the American Institute of Architects list of "America's Favorite Architecture". On April 18, 2012, the AIA's Florida Chapter ranked the Fontainebleau first on its list of Florida Architecture: 100 Years. 100 Places.

The Florida land boom of the 1920s was Florida's first real estate bubble. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. The land boom left behind entirely new, planned developments incorporated into towns and cities. Major investors and speculators such as Carl G. Fisher also left behind a new history of racially deed restricted properties that segregated cities for decades. Among those cities at the center of this bubble were Miami Beach, Coral Gables, Hialeah, Miami Springs, Opa-locka, Miami Shores, and Hollywood. It also left behind the remains of failed development projects such as Aladdin City, Boca Raton, Chevelier, Fulford-by-the-Sea, Interocean City, Isola di Lolando, Okeelanta, Palm Beach Ocean, Poinciana, and Sun City. The land boom shaped Florida's future for decades and created entire new cities out of the Everglades land that remain today. The story includes many parallels to the real estate boom of the 2000s, including the forces of outside speculators, easy credit access for buyers, and rapidly appreciating property values, ending in a financial collapse that ruined thousands of investors and property owners, and crippled the local economy for years thereafter.

Douglas Elliman is an American real estate company.

The effects of climate change in Florida are attributable to man-made increases in atmospheric carbon dioxide. Floridians are experiencing increased flooding due to sea level rise, and are concerned about the possibility of more frequent or more intense hurricanes.

<span class="mw-page-title-main">Alan Faena</span> Argentine hotelier and real estate developer

Alan Roger Faena is an Argentine hotelier and real estate developer who has developed properties in his native Buenos Aires, as well as Miami Beach, Florida.

Elie Hirschfeld is an American real estate developer, philanthropist and art collector based in New York City. He is the son of the late real estate mogul Abraham Hirschfeld.

<span class="mw-page-title-main">Alvin Malnik</span> American businessman and attorney (born 1933)

Alvin Ira Malnik is an American businessman and attorney.

<span class="mw-page-title-main">Hines Interests Limited Partnership</span> American privately held company that invests in and develops real estate

Hines Interests Limited Partnership is a privately held company that invests in and develops real estate.

Ugo Colombo is an Italian-born residential and commercial real estate developer in Miami, Florida.

CMC Group Inc. was founded in 1987 by real estate developer Ugo Colombo. CMC Group Inc. is a residential and commercial real estate development, construction, and investment company headquartered in Miami, Florida.

Arthur Falcone is an American real estate developer and chief executive officer and chairman of Falcone Group, a real estate and land development organization located in Boca Raton, Florida. He is known for commercial, residential and mixed-use projects and for his philanthropy to aspiring entrepreneurs.

Chaim Schochet is an American real estate executive, developer, and manager at Optima Ventures, once the largest holder of real estate in Downtown Cleveland.

The Republic of Panama's real estate industry relies on foreign investment. The sector has grown since 2006, as such investment has helped to fuel Panama's economy and housing market.

Louise Mintz Sunshine is an American real estate professional and founder of the Sunshine Group.

Sonny Kahn is an American businessman. He is the co-founder and chairman of Crescent Heights, a real estate development company based in Miami Beach, Florida.

The Plaza, is a twin-tower condominium property located along the Intracoastal Waterway in West Palm Beach, Florida. The property was developed by Robert Armour and Michael Guider through their company, Armour Guider Development Corporation. Construction of the project, originally known as The Plaza, began in 1981. After several construction delays, The Plaza opened in October 1985, although Robert Armour had only minimal success in selling the condominium units.

<span class="mw-page-title-main">The Platinum</span> Condo hotel in Nevada, United States

The Platinum is a 17-story, 255-unit condo hotel located at 211 East Flamingo Road in Paradise, Nevada, east of the Las Vegas Strip. The project was approved in 2003, and began construction in 2005, as a joint venture between Diversified Real Estate Concepts, Inc. and Marcus Hotels and Resorts. The project was topped out in December 2005, and was opened in October 2006. In 2009, buyers filed lawsuits against Marcus for various allegations; the last of the lawsuits were settled in March 2013.

<span class="mw-page-title-main">Compass, Inc.</span> American real estate technology company

Compass, Inc. is an American licensed real estate broker that utilizes the Internet as a marketing medium with the use of real estate technology. Compass employs more than 25,000 agents who earn a percentage of the selling price and give a percentage of each commission to Compass, consistent with the traditional real estate brokerage business model. Compass specializes in high-margin, luxury homes in upscale markets. Founded in 2012, the company is headquartered in New York City. The company provides software to real estate agents. Compass is the first company to have built a proprietary mobile app for real estate agents.

References

  1. 1 2 "Roberts brings boxing back to the people". The Herald-News . August 15, 1989. p. 15. Retrieved June 27, 2023.
  2. 1 2 Stewart, Larry (February 24, 1999). "A Consumer's Guide to the Best and Worst of Sports Media and Merchandise". Los Angeles Times . Retrieved June 27, 2023.
  3. Moon, Wes (July 24, 1990). "Manager Roberts is becoming a threat to the boxing business". Asbury Park Press . Gannett. p. 38. Retrieved June 27, 2023.
  4. "Roberts a boxing loyalist". Courier News . Gannett. October 25, 1989. p. 27. Retrieved June 27, 2023.
  5. 1 2 "Entrepreneur And Acclaimed Developer Marc Roberts Retains Rubenstein Public Relations As Agency Of Record". Business Insider . November 22, 2021. Retrieved June 27, 2023.
  6. Mastrandrea, Paige (October 21, 2019). "The 2019 Haute 100 List". Haute Living . Retrieved June 27, 2023.
  7. "The promoters' promoter". Forbes . May 19, 1997. Retrieved June 27, 2023.
  8. "DJ Khaled: Blessed Up". Haute Living . October 2022. p. 137. Retrieved June 27, 2023.
  9. "Marc Roberts Rules". Haute Living . March 25, 2008. Retrieved June 27, 2023.
  10. "CEO - Marc Roberts Miami". LinkedIn . Retrieved June 27, 2023.
  11. Mastrandrea, Paige (August 16, 2018). "The 2018 Miami Haute 100 List: Mark Roberts, Worldwide Entertainment and Sports Corporation". Haute Living . Archived from the original on December 2, 2018.