SHVO

Overview

SHVO is a real estate development and investment firm founded in 2004 by Michael Shvo, focusing on creating culture-defining experiences in iconic properties. Headquartered in New York City, with offices in Miami, San Francisco, Los Angeles, and Chicago, SHVO manages a national portfolio valued at over $8 billion, encompassing more than 4.5 million square feet across commercial office and retail spaces, hospitality, and luxury residential assets. The firm's portfolio includes notable properties such as the Transamerica Pyramid in San Francisco, The Raleigh Hotel in Miami Beach, 333 South Wabash Avenue (known as "The Big Red") in Chicago, Mandarin Oriental Residences in Beverly Hills and New York City, and the AMAN New York Hotel and Residences at the Crown Building. SHVO's investment strategy focuses on acquiring and developing architecturally significant buildings in prime locations, emphasizing unique design and high-quality execution. The firm partners with institutional investors, including pension funds, insurance companies, and financial institutions, to execute investment strategies across various property types and risk profiles. SHVO's approach combines institutional investing with a creative mindset to create exceptional value for its partners. The firm's commitment to excellence is evident in its diverse industry experience, encompassing acquisitions, finance, development, design, sales, leasing, property management, hospitality, and sustainability. SHVO's track record of increasing demand and achieving exceptional premiums has secured investments from some of the world's most selective institutional investors. In recent years, SHVO has undertaken several high-profile projects, including the development of Mandarin Oriental Residences in Beverly Hills, marking the brand's first West Coast residential location. The project offers residents hotel-inspired living with legendary amenities and five-star service, along with the security and privacy of a residential-only building. Additionally, SHVO launched sales at Mandarin Oriental Residences Fifth Avenue, the brand's first East Coast residential-only property. This development transformed a 29-story Beaux Arts building into 69 fully furnished and amenitized luxury residences, offering pied-à-terre style living near luxury shopping, fine dining, and cultural institutions. Despite its successes, SHVO has faced challenges in recent years. In 2025, the firm surrendered its Alton Road mixed-use project in Miami Beach to the lender to avoid further legal entanglements. Later that year, SHVO was forced out of ownership and development of The Raleigh Hotel in Miami Beach after six years of stalled planning and funding, leading to a $270 million acquisition of the site by Nahla Capital. These events highlight the complexities and risks inherent in large-scale real estate development and investment projects. Overall, SHVO remains a prominent player in the real estate development and investment sector, known for its focus on iconic properties and commitment to creating unique, high-quality developments that define skylines in leading cities across the United States.

Investment Focus

• High-quality, architecturally significant properties in prime locations
• Partnerships with institutional investors
• Long-term investment horizon

Portfolio Companies