This report was published in July 2000. It should be considered outdated and is kept online for historical purposes only.

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Pioneer Profiles: George W. Bush's $100,000 Club
Name: Alfred Hoffman, Jr.
Occupation: Chair, Watermark Communities, Inc.
Industry: Real Estate
Home: Ft. Meyers, Florida

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Hoffman heads Watermark Communities (WCI), a $550 million-a-year company that builds golfing-centered retirement communities. One of Florida’s largest developers, he is also one of the state’s largest owners of undeveloped land. Hoffman paid $550 million for Westinghouse’s real estate arm in ’96. He also paid $32 million in ’97 for a Coral Gables yacht club that had been hammered by Hurricane Andrew; he bought the land from Gov. Jeb Bush’s ex-partner Armando Codina, a leader of the right-wing Cuban American National Foundation. Hoffman was Jeb Bush's state finance chair and headed his inaugural committee.  

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