Michael Adler
Ambassador to Belgium
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $13.2 M - $56.8 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (04/30/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Miami, Florida
President
Present
2
Miami, Florida
President
Present
3
Miami, Florida
President
Present
4
Miami, Florida
President
Present
5
Miami, Florida
President
Present
6
Miami, Florida
President
Present
7
Miami, Florida
President
Present
8
Miami, Florida
President
Present
9
Miami, Florida
President
Present
10
Miami, Florida
President
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Adler Group LLC, Compensated by TRINET HR II, Inc as PEO (Commercial Real Estate Property Management Leasing and Development)
Salary
$1,000,001
2
Adler Development, LLC
$1,000,001 - $5,000,000
None (or less than $201)
2.1
AH Lancelot, LLC
2.1.1
Lancelot Miami River, LLC
2.1.1.1
Lancelot Miami River (Commercial Real Estate, Miami, FL)
$5,000,001 - $25,000,000
Capital Gains
None (or less than $201)
2.2
AH Camelot Station, LLC
2.2.1
Adler 13th Floor Camelot Station, LP
2.2.1.1
A13 Link T2, LLC
2.2.1.1.1
Miami Douglas Two, LP
2.2.1.1.1.1
Link Tower Two (Commercial Real Estate, Miami, FL)
$1,000,001 - $5,000,000
Capital Gains
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Miami, Florida
Sale of Interest, Monthly payments of $40,523 over three years for a total payment $1,458,863.
1/2021

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Miami, Florida
COO/President of Adler Group, LLC and its Affiliates Adler Development LLC & Adler Group Property Management, LLC
2
Miami, Florida
Guarantor Fee

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
Nothing reported in this section

Other Assets and Income

#
Description
Value
Type
Amount
1
U.S. bank #1 (Cash)
$100,001 - $250,000
Dividends
$201 - $1,000
2
U.S. bank #2 (Cash)
$500,001 - $1,000,000
Interest
None (or less than $201)
3
Synovus Financial Corp
$15,001 - $50,000
Dividends
$1,001 - $2,500
4
Apollo Bancshares, Inc.
$50,001 - $100,000
Dividends
None (or less than $201)
5
Brokerage Account
5.1
AT&T INC.
$1,001 - $15,000
Dividends
None (or less than $201)
5.2
BP PLC SPON ADR
$15,001 - $50,000
Dividends
$1,001 - $2,500
5.3
BLACKROCK INTERNATIONAL DIVIDEND FUND CLASS A (BREAX)
$50,001 - $100,000
$201 - $1,000
5.4
CALAMOS MARKET NEUTRAL INCOME FUND CLASS A (CVSIX)
$15,001 - $50,000
$201 - $1,000
5.5
EXXON MOBIL CORP
$1,001 - $15,000
Dividends
$201 - $1,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Key Bank
$100,001 - $250,000
2006
20 Years
2
Synovus Bank
$1,000,001 - $5,000,000
2017
30 Years
3
Synovus Bank
$500,001 - $1,000,000
2016
10 Years
4
Key Bank
$1,000,001 - $5,000,000
2015
30 Years
5
Adler Properties Limited Partnership
$5,000,001 - $25,000,000
2011
Revolving
6
Hilco, Inc & John Chen
$1,000,001 - $5,000,000
2021
3 Year
7
UBS Financial Services, Inc.
$250,001 - $500,000
2013
Revolving
8
Adler Real Estate Fund IV, LLC
$100,001 - $250,000
2018
On Demand
9
American Express Bonvoy
$15,001 - $50,000
2021
Revolving
10
CitiBusiness Card
$15,001 - $50,000
2021
Revolving

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
39
This entity holds the filer's personal residence.
1
88
The filer's grandchildren are the beneficiaries of this trust.
1
90
This entity holds no assets and is not currently funded.
1
91
This entity holds no assets and is not currently funded.
2
2
This value reflects the operating entity, excluding the underlying investments.
2
2.1
The full value and income for this Asset are disclosed at line 2.1.1.1.
2
2.1.1
The full value and income for this Asset are disclosed at line 2.1.1.1.
2
2.2
The full value and income for this Asset are disclosed at line 2.2.1.1.1.1.
2
2.2.1
The full value and income for this Asset are disclosed at line 2.2.1.1.1.1.
2
2.2.1.1
The full value and income for this Asset are disclosed at line 2.2.1.1.1.1.

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