Manuel A. Fernandez is a partner in the firm’s Real Estate – Transactional group, where he represents financial institutions, as well as institutional and non-institutional investors, in a variety of real estate matters, including real estate acquisitions and dispositions, commercial leasing matters, distressed real estate transactions, real estate financings and the formation of real estate joint ventures.
Over the course of the past two decades, Mr. Fernandez has handled some of the largest real estate transactions in Florida. In 2015, he represented the purchaser in the acquisition of a block of commercial retail property on Lincoln Road for $370,000,000. More recently, he handled the purchase of the Southeast Financial Center in a deal in excess of $500,000,000 which was hailed by the Miami Herald as the largest single-building transaction ever completed in Miami. He has extensive experience representing both borrowers and lenders in commercial mortgage loan financings, including construction loans and mezzanine loans, and is recognized as one of the leading attorneys in the closing of mortgage loans originated for sale in connection with the issuance of commercial mortgage-backed securities (CMBS).
Mr. Fernandez is regularly recognized by prominent legal publications as a leader in his field, including Chambers USA, The Legal 500, The Best Lawyers in America and Super Lawyers.
Mr. Fernandez is fluent in Spanish.
- The purchaser in the acquisition of the Southeast Financial Center in Miami, Florida, for a purchase price in excess of $500 million. The Miami Herald hailed this transaction as the largest single-building transaction in the history of Miami. Mr. Fernandez also represented the seller in its acquisition of the property in 2007.
- The purchaser in the $470 million acquisition of a mixed-use office, retail and hotel project in San Francisco, California.
- The purchaser in the $370 million acquisition of a block of commercial retail property on Lincoln Road in Miami, Florida.
- Turnbridge Equities in the closing of a joint venture transaction and construction loan for the development of a multifamily and retail development project in Austin, Texas.
- Various financial institutions in the closing of hundreds of mortgage loans with principal amounts aggregating tens of billions of dollars originated involving issuances of commercial mortgage-backed securities (CMBS), including the refinancing of trophy assets such as an office building in the Watergate complex and the La Playa Resort in Naples, Florida.
- A real estate developer in various matters related to the development of a $200 million mixed-use hotel, medical office, multifamily and retail project in Tampa, Florida.
- A non-residential building operator in the closing of a $65 million loan refinance of a Manhattan office property.
- A real estate developer of affordable and market-rate housing in the acquisition of properties located at Hempstead, New York, and New Rochelle, Westchester County, New York.
- A premier Florida real estate developer in the negotiation of contract for sale of library facilities to Miami-Dade County on a build-to-suit basis.
- A pension fund in a joint venture with a developer and life insurance company in the redevelopment of property ground leased from the City of Coral Gables as Merrick Park, one of the premier upscale mixed-use real estate projects in South Florida.
- A joint venture between an opportunity fund and Crescent Resources in the acquisition of the Miami Center, as well as a $170 million refinancing of the property with UBS.
- A joint venture between a pension fund and Flagler Development in the acquisition of a development site in Coral Gables, Florida, and the construction of an office building on the site for Bacardi USA on a build-to-suit basis.
- A joint venture between a pension fund and an affiliate of Codina Partners in the acquisition and development of an office park in Doral, Florida, for office, residential, retail and civic issues, as well as the build-to-suit sale of facilities constructed within the park for the City of Doral as the municipality’s town hall.
- A joint venture between a hedge fund and Lionheart Capital in the acquisition of a site on Miami Beach currently being developed as The Ritz Carlton Miami Beach Residences, as well as the closing of a $105 million loan from the Bank of the Ozarks to finance the construction of the project.