Yizhak Toledano is a successful real estate developer, investment banker, entrepreneur and active philanthropist. Born in Israel, Yizhak began his career in his father’s general contracting business where the company built thousands of affordable housing units for the Government of Israel. In 2000, following his service in the Israeli Defense Forces, he immigrated to the US and began his real estate career from the banking and mortgage lending side of the business before founding a real estate development and investment firm. Yizhak Toledano is the founder and CEO of Sky Development Inc, an Aventura, Florida-based real estate development and investment firm. Yizhak is involved with numerous charitable organizations, amongst them, his personal commitment to Florida’s Joe DiMaggio Children's Hospital.
In 2001, Yizhak founded Toledano Holdings LLC, a Florida-based investment company, which later became Skyrise Development Group, where he held the position of founder and managing partner from 2004-2005. In 2006, he launched his now current business, Sky Development Inc. The Company is engaged in the acquisition, development, rehabilitation and conversion of multi-family residential and commercial properties, and was formed by pooling approximately $3 million to acquire its first property. Since its inception, the company has acquired either directly, or with partners, 20 properties valued in excess of $600 million, with their direct undiluted equity currently valued at $70 million.
Stemming from years of experience working in the real estate and banking industries, coupled with his business expertise, Yizhak is on the Advisory Board of Directors and holds a 9.9% interest in Marquis Bank. The institution specializes in private banking and small business loans, including many businesses with less than $500,000 in annual sales with a focus on personal service. Marquis plans to grow up to $75 million in assets and $50 million in loans in its first year.
A creative thinker when it comes to developing projects and acknowledged by his peers, Yizhak was awarded the “2007 Visionary Development Award” by the Miami Florida Developers & Builders Alliance Association.
Involved in numerous philanthropic activities in his community, Yizhak Toledano is committed to charitable causes, mostly recently with a donation of $3 million to the Joe DiMaggio Children's Hospital Foundation, a nonprofit public organization that supports health care provided to children served by Florida’s Memorial Healthcare System. Originally, Yizhak had planned to donate $1 million to the foundation, but when he met with the health care system's executive team he learned that the foundation had received a commitment from a charitable fund to match a $3 million donation if the foundation could find one individual to give $3 million. Proceeds will be used to build a new children's hospital, which will be situated across the street from Memorial's flagship hospital, where Yizhak Toledano’s children were born. The new hospital is expected to be the best place for pediatric cancer treatment in the state of Florida. Among his other philanthropic involvements, Yizhak is a strong supporter of K’far Chabad in Israel.