Nitin Motwani has served as the Managing Partner of Miami Worldcenter Associates since 2006. In this role, he has overseen the development of a $4 billion mixed-use real estate project located in the heart of downtown Miami, Florida. Encompassing 27 acres of retail, residential, office and hotel uses, Miami Worldcenter is the largest urban development project underway in Miami and among the largest in the U.S. Mr. Motwani is responsible for every facet of the project, including land acquisition, zoning, and entitlements, financing (public and private), joint ventures and development. Mr. Motwani is currently overseeing $1.2 billion of development at Miami Worldcenter and has secured over $500 million of debt in the past twelve months.

In 2009, Mr. Motwani was involved in the creation of Encore Capital Management (Encore), a private equity fund focused on opportunistic real estate investments and development. He now serves as Encore’s Managing Director, focusing on acquisitions, dispositions, development, and fundraising. Encore is developing over 20,000 rental apartments, homes for sale, and residential lots with sell-out revenue of approximately $4 billion. Encore assets under management are approximately $2 billion with committed equity in excess of $1 billion. Encore currently has investments in Miami, Orlando, Jacksonville, Tampa, Los Angeles, San Diego, Sacramento, San Francisco, Portland, Jersey City, and Phoenix.

Earlier in his career, Mr. Motwani was the President of Merrimac Ventures where he oversaw the acquisition, entitlement, asset management, and disposition of hotel, office, retail and residential assets throughout the country. Prior to joining Merrimac Ventures, Mr. Motwani was an equity derivatives trader at Goldman Sachs in New York.

An active member of the greater South Florida business community, Mr. Motwani serves as a member of the board of the Miami Downtown Development Authority where he is the chair of both the economic development and marketing committees. He also serves as Board Chair of the University of Miami’s Master of Real Estate Development (MRED) program. He has also recently been named as Co-Chair for One Community One Goal, Miami Dade County’s long term strategic plan for economic development. Nationally, he is a member of both the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC). He is also a member of City Year’s Red Jacket Society and The Scleroderma Foundation.
Mr. Motwani has been recognized as one of “Real Estate’s Rising Stars” by The Real Deal South Florida; one of South Florida’s “20 Emerging Leaders Under 40” by The Miami Herald; one of the country’s “Stars to Watch: Rising Leaders in Commercial Real Estate” by Commercial Property Executive Magazine; “Young Leader of the Year” by the Urban Land Institute; a “Top 40 Under 40” professional by the South Florida Business Journal; and a Power Leader in Commercial Real Estate by the South Florida Business Journal.

Mr. Motwani earned a Bachelor’s degree in International Relations from Duke University and holds a Master of Science in Real Estate Development from Columbia University. He lives in Miami with his wife and three sons.