Asi Cymbal is the President and owner of Cymbal Development.
Mr. Cymbal has over 30 years of experience in real estate development, construction, finance, and law.
He is driven by his passion for great architecture and design, his focus on transforming communities, and his commitment to creating great wealth for his investors.
He has been fortunate to work with the world’s best architects and designers (Philippe Starck, Bjarke Ingels, Enrique Norten, Jo Palma, Arquitectonica) as a first mover in neighborhoods at a critical time in their transition (the Financial District in Manhattan, Tribeca, SOHO, the Miami Design District, Midtown Miami, Downtown Fort Lauderdale, Dania Beach, Miami Gardens).
Mr. Cymbal is grateful to his investors and proud of the fact that he has rewarded them with unmatched returns.
Mr. Cymbal raised his first fund in 2010. That $3 million fund is now worth over $180 million. He is focused on increasing that to $700 million by 2026.
After experimenting with retirement in 2014, he came back to create a second fund during the 2020 Pandemic. He turned that $16 million fund into $90 million in 20 months.
Mr. Cymbal is currently raising a $100 million evergreen fund to be deployed into the $2 billion Cymbal DLT pipeline.
Mr. Cymbal also has significant food and beverage experience. He has co-created and owned over half a dozen of the hottest restaurants and clubs in Miami, including Sra. Martinez (with celebrity chef and James Beard award-winner, Michelle Bernstein), Bardot, and gigi.
Mr. Cymbal has been named by the South Florida Business Journal as a Heavy Hitter in Construction and Real Estate Development, a Top 100 Power Leader, and as one of 2013’s People to Watch. He has also appeared on the front page of the Wall Street Journal.
Mr. Cymbal is the Vice Chair and board member of Florida International University’s College of Communication, Architecture + The Arts - Miami Beach Urban Studios. He is also a board member of Wynwood Norte, the organization that is spearheading the revitalization of north Wynwood. Mr. Cymbal was also a past board member of Business for the Arts of Broward.
Mr. Cymbal is a graduate of Vassar College and the UCLA School of Law. He is an experienced real estate and business attorney licensed to practice law in New York, New Jersey, and Washington D.C., and is a licensed general contractor in Florida.