Naples conglomerate sells 27 properties to Aspen developer in blockbuster deal

The Hoffmann Family of Cos. did not disclose details of the sale but says it remains committed to the city and area.


  • By Louis Llovio
  • | 3:30 p.m. October 13, 2023
  • | 0 Free Articles Remaining!
Jerri and David Hoffmann in January 2022.
Jerri and David Hoffmann in January 2022.
Photo by Stefania Pifferi
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The Hoffmann Family of Cos. has sold 27 properties in Naples to a Colorado developer.

In a statement issued Friday afternoon, the company said the deal, a “monumental transaction, the largest in HF Companies’ history, is a strategic move for the family equity firm.”

The company did not disclose a sales price or the properties. The buyer is Aspen, Colorado-based M Development.

 

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