Turnberry Associates tries to turn real estate into gold. The company develops and manages commercial and residential real estate, primarily in South Florida and Las Vegas. Key developments include the nearly 3 million-sq. ft. Aventura Mall in Florida and The Residences condominium hotel at MGM Grand in Las Vegas. The company also renovated and expanded the iconic Fontainebleau Hotel & Resort in Miami, the largest hotel in South Florida. Turnberry Associates has developed more than $7 billion of property, including office space, hotels, apartments and condos, since it was founded in 1967 by managing partner Donald Soffer. The Soffer family continues to control the company.