Entrepreneurial family has invested $500M and is just getting started

The Hoffmanns have made big business waves in Southwest Florida by buying up a bit of everything, centered on hospitality. What drives their success?

By Jay Schlichter
| 6:00 a.m. September 13, 2019
| 0 Free Articles Remaining!

David and Jerrilyn Hoffmann pose outside one of their buildings on Fifth Avenue South in downtown Naples in January 2022.

Entrepreneurs

David and Jerrilyn Hoffmann felt the magical draw of Naples about three years ago and made it their new home, like countless others before them.

The global business owners and entrepreneurial couple, who recently celebrated their 47th wedding anniversary, have been heavily investing in Naples and the greater Southwest Florida region ever since, when they relocated from their other homes in Illinois and Colorado. They now hold a majority ownership of commercial real estate on Fifth Avenue South and Third Street South in downtown Naples and have made other major purchases, such as their latest acquisition of Hertz Arena and the Florida Everblades hockey team.