Michael M Adler
U.S. Ambassador to the Kingdom of Belgium
Observations
- Millionaire
Estimated Net Worth
- $13.2 M - $56.8 M
Salary
- Unknown
Employment
- Started 12/17/2021
Records
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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