Compass Conversations host Jared Klein sits down with Miki Naftali, Founder, Chairman and CEO of Naftali Group, to discuss luxury development, product quality, South Florida growth, broker collaboration, branded residences, and what agents should understand when advising clients on new development.
Miki shares how his real estate career began while studying engineering at USC and managing a rental building in Downtown Los Angeles, eventually leading to major projects in New York, Miami, Fort Lauderdale, and beyond.
Key Takeaways
- Real Estate Is a Long Game
Miki describes real estate as a marathon, not a sprint. His growth came from reinvesting, staying persistent, learning through market cycles, and building one project into the next.
- Quality Starts With the Product
For Miki, quality is not just rare materials or expensive finishes. It begins with smart layouts, livable spaces, thoughtful details, and understanding how people actually move through a home.
- Listen to the Market
Naftali Group designs around what buyers in each specific market want, not just what the developer, architect, or designer personally prefers. Miki sees brokers as key ambassadors because they hear client feedback every day.
- Protect Your Clients
Miki reminds agents that advising clients well is what creates long-term trust. If a client buys a product they are happy with, they are more likely to return and refer future business.
- South Florida Demand Is Evolving
Miki discusses how South Florida has changed from a seasonal market into a primary lifestyle market for many buyers. Restaurants, wealth migration, business growth, and quality development are all part of that shift.
- Viceroy Brings Lifestyle to Fort Lauderdale
Miki explains that Viceroy Residences Fort Lauderdale is about more than building amenities. The goal is to activate the lifestyle through hospitality, service, wellness, beach access, and daily convenience.
- JEM Connects Design and Global Luxury
At JEM Private Residences in Miami Worldcenter, Naftali Group collaborated with Fendi Casa on the Sky Villas to connect real estate with the design language and brand equity of global luxury.
- Learn the Product
Miki’s advice to agents selling new development is simple: study the product deeply. Know the layouts, amenities, pricing, design details, and differences between projects so clients can trust your guidance.
- Collaborate Without Ego
Miki points to collaboration without ego as a principle that reflects his approach. His message is to put ego aside, do the right thing, and work together to create better results.
Why This Matters
This episode shows that successful development comes from patience, discipline, product knowledge, market listening, and quality execution. Miki’s message to agents is to become true advisors, learn the details, and help clients make decisions they will still feel good about years later.
Connect with the Speakers
Host Jared Klein: https://www.compass.com/agents/jared-klein/
Miki Naftali: https://naftaligroup.com/leadership/
Naftali Group: https://naftaligroup.com/
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