Bret Mufson, as of early April 2021, was the president and chief investment officer of Fontainebleau Development, a major hospitality company with a particularly prominent presence in the Miami area.
In addition to the famed Fontainebleau Miami Beach and its other hospitality assets, the company’s diverse portfolio includes residential and commercial properties, gaming, dining and entertainment, health and wellness, and aviation holdings.
In February 2021, the firm came full circle in closing its acquisition of The Drew Las Vegas — formerly the Fontainebleau Las Vegas — via a deed-in-lieu sale. “It's a huge platform-builder, and we're very excited about it,” Mufson told Commercial Observer the following March.
Mufson, a University of Pennsylvania graduate who was born in Miami and grew up in Aspen, Colo., started his career at investment bank Bear Stearns and joined JPMorgan Chase when the latter acquired the former. He also held positions at LoanCore Capital and at Steve Witkoff’s real estate investment house. Mufson joined Fontainebleau in December 2019 at the urging of CEO Jeffrey Soffer.
He is the grandson of Harry Mufson, a Miami hotelier and business partner to Ben Novack, owner of the Fontainebleau Miami Beach in the 1950s. The two partners split, and Harry Mufson built the Eden Roc Miami Beach hotel next door.