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Daniel P. Faust

Partner 
Three Brickell City Centre
98 Southeast Seventh Street
Suite 1100
Miami, FL 33131
 
Tel:
305.982.5564
Fax:
305.374.5095
 
 

Dan Faust represents clients in large scale, complex real estate development projects and commercial acquisitions throughout the United States. From representing buyers, owners, borrowers, and builders in all aspects of transforming a neighborhood, to multi-phase projects and programmatic acquisition, financing, and development platforms, clients value Dan’s ability to lead sophisticated engagements. He has been recognized by leading industry publications, such as The Best Lawyers in America and Daily Business Review, for his work managing complex, multi-faceted transactions.

Dan serves as the lead attorney in transformational projects that are redefining real estate in a post-recession landscape. His experience includes landmark projects such as the Wynwood neighborhood and the Faena District, which highlight his commitment to the revitalization of Miami in the wake of the Great Recession. He also represents investors, lenders, and developers in transactions throughout the United States, including joint ventures, asset acquisitions and dispositions, mortgage and mezzanine loans, and distressed property investments and restructurings.

To help the next generation of business in Miami, Dan collaborates with serial entrepreneurs, innovators, and industry disruptors in a variety of contexts. He helped form an interdisciplinary group of Akerman attorneys focused on cultivating the entrepreneurial spirit in the city’s urban core and encouraging its development as a technology hub for Latin America. He is also a key member of The LAB Miami, an innovative workspace in the heart of Miami's Wynwood Art District.
 
Representative Experience
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Faena District: Represent Faena Group and Access Industries in the acquisition, financing, and construction of its $1 billion mixed-use oceanfront development, including hotels, condominiums, retail, restaurants, arts and cultural center, and underground parking. Work includes the $100 million purchase of The Versailles, a former Art Deco hotel and condominium, as well as the $375 million aggregate construction financing for the Faena House, Faena Forum, and other District improvements.
 
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Goldman Properties: Represent Goldman Properties and its affiliates in the transformation of the Wynwood neighborhood into a global center for art and culture. Work includes representing Goldman in a complex $34 million joint venture transaction and comprehensive restructuring of its Wynwood real estate portfolio; numerous acquisitions and sales, including the $12 million expansion of the Wynwood Walls and the $30 million sale of Goldman's 27th Street development site; acquisition, portfolio and construction financing in excess of $60 million, including the $22 million construction loan for the Wynwood mixed use parking garage; retail leasing to Warby Parker, Zak the Baker, Panther Coffee, Marine Layer and Walt Grace Vintage. Also represent Goldman Global Arts (an affiliate of Goldman Properties) in the procurement and curation of public art by internationally-acclaimed street artists and muralists, including at Hard Rock Stadium.
 
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Fir Tree Partners/Andover Properties: Represent New York private equity fund and self-storage operator in the progressive and programmatic $93 million aggregate acquisition of 24 (and counting) self-storage facilities across the United States and related $57 million aggregate financing of such storage facilities.
 
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Ocean Terrace Holdings: Represent Ocean Terrace Holdings, LLC and its affiliates in the redevelopment of the Ocean Terrace neighborhood of Miami Beach, including the $90+ million assemblage of hotel and retail properties and $42.5 million in related financing transactions.
 
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Condo Construction: Represented Fir Tree Partners in connection with a $45 million construction loan secured by the RIVA luxury residential condominium project in Ft. Lauderdale, Florida and corresponding equity conversion and joint venture transactions.
 
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Self-Storage: Represented Angelo Gordon Real Estate Inc. and its affiliates in the acquisition of a portfolio of self-storage facilities, together with the subsequent $56 million sale of such facilities in a series of transactions.
 
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Homebuilder: Represented Minto Communities, LLC and affiliates in connection with land acquisitions (including the $70 million acquisition of 2,300 acres of land in Collier County, Florida and the $51 million acquisition of 3,750 acres of land in Palm Beach County, Florida), joint ventures and corporate restructurings, and various financing transactions secured by single-family and multifamily projects (including a $160 million senior secured credit facility).
 
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Hotel: Represented Colonial Life Insurance Company (Trinidad), Ltd. in the restructuring of a $245 million loan secured by the W Hotel and Residences, Fort Lauderdale, Florida, and the ultimate sale of the 346 hotel unit/171 condominium hotel unit project.
 
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Land: Represented Consultatio Real Estate, Inc. in connection with a $220 million land acquisition in Bal Harbour, Florida and corresponding $130 million mortgage assumption.
 
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Florida Tax: Represented The Realty Associates Fund VIII, L.P. as lead Florida counsel in the severance and modification of a $585 million credit facility and corresponding Florida documentary stamp and non-recurring intangible tax analysis and structuring.
 
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Master Planned Development: Represented the Barron Collier Companies in connection with several strategically structured option takedowns related to the development of a 5,000 acre self-contained town and residential community located in Ave Maria, Florida.
 
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Distressed Assets: Represented Colonnade Properties LLC as a secured creditor in a complex 31-debtor bankruptcy proceeding related to a 4,000 acre master planned community in Collier County, Florida and the corresponding sale of $48.8 million distressed mortgage loans.
 
Awards & Recognition
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The Best Lawyers in America 2013-2018, Listed in Florida for Real Estate Law
 
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Daily Business Review, 2016, Recognized as a South Florida lawyer "Rising Star"
 
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Super Lawyers Magazine 2009-2011, 2013-2016, Listed in Florida as a "Rising Star" for Real Estate: Business and Business/Corporate
 
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Cystic Fibrosis Foundation, Recognized as a "40 Under 40," Outstanding Lawyer of South Florida, 2014
 
Other Languages
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Spanish
 



Daniel P. Faust

Practice
Real Estate
Education
J.D., University of Miami School of Law, 2004; magna cum laude, Order of the Coif; University of Miami Inter-American Law Review, Associate Editor, 2002-2004
B.A., Northwestern University, 2001
Bar Admissions
Florida
 
 
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