After being in the real estate industry for over four decades, Stephen Bittel has amassed extensive experience and knowledge. He founded Terranova Corporation as a law student and has represented reputable and notable clients like Bank of America. Today, Terranova Corporation is among the top real estate firms in South Florida. The company manages commercial projects worth over $5 billion. Below are some things you didn’t know about Stephen Bittel and Terranova Corporation.
Stephen established Terranova in `1980 as a real estate company that invests in multi-strategy commercial real estate opportunities. In addition, the company also focuses on private equity investments. Since 1980, Terranova has recorded immense growth and has assets of over $1 billion.
Stephen Bittel was born and raised in Miami. As a child, Stephen attended the Miami-Dade County public school until his high school graduation. After high school, Bittel joined Bowdoin College, Maine. He was a sharp student, and upon graduation, he received a Watson Fellowship Award that offered him an opportunity to study abroad for one year. During his time abroad, Stephen developed the connections that motivated the establishment of Terranova.
Because of his background, Stephen Bittel aspired to fall in the footsteps of his father and grandfather, who were both prominent and reputable attorneys. He, therefore, joined the University of Miami for a law degree. While in the University, Stephen took a full-time job in a local real estate company. The job was to help him manage his bills. However, while in the real estate company, Stephen Bittel developed a love for the real estate market. The motivation he received enabled him to establish Terranova and operate from the office in his house. Since its establishment, Terranova has recorded fruition and is one of Florida’s leading real estate and private equity investors.