realestate

Alexander Brothers' Multimillion-Dollar Assets Tied to Bail Bids

Former top real estate brokers lived lavish lifestyles, traveling by private jet and attending high-profile events.

T
al and Oren Alexander spent over a decade living like their high-end clients, traveling on private jets and attending exclusive events with wealthy developers. They resided in luxurious homes they built, including Tal's 432 Park Avenue apartment and Oren's custom-built Miami Beach estate. The brothers flaunted their success on Instagram, posting photos of themselves riding camels, smoking cigars, and shooting at an elite sporting club.

    However, their image as powerful brokers with unlimited resources is now being used against them in court. After their arrest on sex trafficking charges, prosecutors argued that the brothers' wealth and access make them a flight risk. "If money is truly no object for a bond, then it's also no object for freedom," Assistant U.S. Attorney Elizabeth Espinosa said.

    The Alexanders face up to life in prison if convicted of federal charges. They are also facing multiple civil lawsuits alleging sexual assault, with seven lawsuits filed against one or more of the brothers. The plaintiffs' attorney estimates that the brothers could be liable for over $100 million in damages.

    The Alexanders have proposed bail packages worth up to $1 billion, but their assets may not be as limitless as they seem. Some of their properties are mortgaged, and a Miami Herald valuation puts their combined assets at around $74 million. However, the family's property portfolio is likely worth much more.

    In addition to the federal charges, the brothers are battling multiple civil lawsuits from alleged survivors seeking damages. They are also facing a lawsuit from their former business partner, Side, over an unpaid loan of over $4 million. The Alexander family's assets include several properties in Miami-Dade County, including a waterfront home valued at around $15 million and a commercial real estate portfolio worth tens of millions.

    The brothers' attorneys have proposed various bail conditions, including house arrest with an ankle monitor and supervision by a private security firm. However, Judge Eduardo Sanchez sided with prosecutors, noting that the brothers' wealth creates a conflict of interest in their detention. The Alexanders are set to appear in court again on January 15 for their bail appeals.

    As news of the allegations spread, Tal and Oren stepped back from their brokerage, Official Partners, which they co-founded in 2022. However, they soon took full control of the firm after a dispute with other founders. The brothers are now facing multiple lawsuits, including one from Side over an unpaid loan and another from a landscaping service alleging unpaid invoices.

    The Alexanders' attorneys have denied allegations that they attempted to conceal or offload their assets as a result of the mounting legal action against them. However, a judge in California granted Side a temporary restraining order to block the brothers from interfering with the loan collateral. The firm has also appealed to a judge in Florida to extend the injunction to the state.

    In addition to these lawsuits, Oren is facing another lawsuit over unpaid bills for work performed at his Miami Beach home, totaling close to $170,000. A New York-based broker has also filed a lawsuit against Oren and Douglas Elliman for failing to pay him roughly $250,000 in commission and referral fees.

Two brothers' multimillion-dollar assets linked to bail bond business in Florida.