Camilo Miguel Jr.
Camilo Miguel Jr.
Founder and CEO at Mast Capital
Camilo Miguel Jr. enjoys the challenging projects.
Everyone loves a slam dunk, but the Mast Capital founder and CEO said he finds the most satisfaction in putting puzzle pieces together on complex developments. Take Saddlebrook Resort, a faltering 500-room condo/hotel north of Tampa that features 100,000 square feet of meeting space, more than 40 tennis courts (part of its legacy as a tennis academy) and an 18-hole golf course, all spread over 480 acres. Mast Capital purchased the property in 2022 with the idea of conducting major renovations and expanding the property with more residential space, more commercial space and more golf.
“Being able to think through all those moving parts … what may sound like complexity to others is just a fun exercise for me and my team,” Miguel said.
Miguel has long been fascinated by the many ins and outs of commercial real estate, a trait honed throughout his entrepreneurial endeavors. After studying business administration at the University of Miami and a brief stint working for his family’s business, Miguel followed the example set by a number of friends who worked in the industry and went into real estate. In 2004, he founded and served as president for investment and development firm Vertica Group, overseeing acquisitions, entitlements and asset management.
But it was in founding Mast Capital in 2006 that all the pieces truly came together. In the nearly 20 years since, Miguel has leveraged his diverse experiences and interests to help cultivate a portfolio worth more than $3.5 billion. Latest on deck is Cipriani Residences, a planned 80-story, 397-residence condominium tower in Miami’s Brickell neighborhood. Mast Capital announced in early February that it had secured $600 million in construction financing for the project, the largest construction loan ever obtained for a residential tower in the Sunshine State.
