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Our team combines decades of experience in real estate private equity, acquisitions, asset management, and corporate finance in various asset classes.
LEADERSHIP
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Gus Alfonso
Managing Partner, CEO
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Ed Farah
Co-Founding Principal
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Alicio Piña
Co-Founding Principal
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Gus Alfonso
Managing Partner, CEO
Real Estate Experience: 19
FVP Experience: 14
Gus Alfonso is the Managing Partner and CEO of Florida Value Partners (“FVP”). He has helped guide the company’s growth from $50M in real estate assets under management in 2008 to over $1 billion in acquired assets by 2019 and AUM of over $1.3 billion, including an investment portfolio that spans 11 U.S States.
Mr. Alfonso has managed several high-profile acquisitions, including FVP’s 2012 acquisition of a 3,400-unit multifamily portfolio from LNR and the acquisition of the John Hancock Center in Chicago. He is also responsible for managing the acquisition of over 7,000 units of value-add multifamily investments and FVP’s participation in the development of over 1,000 residential units in the South Florida area.
He is also a co-founding partner – alongside NKP Capital and Leon Mayor & Co. – of Endeavor Schools (a leading top 10 private school operator in the United States), which the partnership sold in 2017 to LEEDs Equity Partners. Mr. Alfonso represents FVP’s interest in two private investment funds with over $1.5 billion in land and development projects in several U.S. markets. He is responsible for the launch of FVP’s development company which is involved in South Florida development projects, including the development of Lazul Apartments (350 units) in North Miami Beach, Park Vista Apartments (212 units) in Hialeah, Ludlum Trails Apartments (314 units) and several other ongoing projects in Downtown Dadeland and the Miami-Dade County Urban Core.
As the Managing Partner and CEO of FVP, Mr. Alfonso oversees all aspects of the firm. He serves on FVP’s investment committee and is responsible for the firm’s acquisition efforts, investment fund management, new business ventures, developments, and overall business planning and internal management of FVP resources.
EDUCATION
B.S. in Business Administration (Finance), Florida International University
Masters in Science of International Real Estate, Florida International University
Masters in Science of Finance, Florida International University
AFFILIATIONS & RECOGNITIONS
Chartered Commercial Investment Member (CCIM)
Past Board Member: ALS Research Foundation / ALS Recovery Fund
Past Board Member: FIU Alumni Association
Past Honoree: Ronald McDonald House – 12 Good Men
USA Baseball Alumni
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Ed Farah
Co-Founding Principal
Real Estate Experience: 42
FVP Experience: 14
Ed Farah is a Co-Founding Partner of Florida Value Partners and has served on the FVP investment committee since the firm’s inception. Mr. Farah has over 40 years of experience in private equity, banking, and real estate.
He is the Managing Director of Capital Markets Financial Services Group (“CMFS”) – an FVP affiliate – founded in 2001, having over $2 billion in assets under management. His expertise includes investment management, distressed debt investments in emerging markets, and private equity.
Mr. Farah has played critical roles in several businesses across Latin America and the Caribbean, including managing highly successful investment strategies investing in distressed sovereign debt and emerging markets.
Prior to CMFS, he founded the capital markets affiliate of The International Bank of Miami (“IBM”); At IBM, Mr. Farah grew the asset base to over $1 billion in AUM. Mr. Farah has helped guide FVP’s growth to over $1.4 billion in acquired assets by 2020. He has seen the company’s emergence from an early-stage real estate private equity company focused on distress investing to a leading investor, developer, and asset manager in the Florida and Southeastern U.S. region.
EDUCATION
Master of Business Administration, Florida International University
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Alicio Piña
Co-Founding Principal
Real Estate Experience: 27
FVP Experience: 14
Alicio Piña holds a Juris Doctor degree from the University of Miami Law School, served as Chief Deputy to Miami-Dade County Clerk of the Courts (1988-1992), and has over 30 years of experience as a private investor and real estate entrepreneur.
Mr. Piña is a co-founding Principal of Florida Value Partners, LLC – FVP’s predecessor fund – where he served as the lead partner for land development and distressed note purchases. Mr. Piña has helped grow FVP’s land portfolio to over 3,000 acres of acquired land.
He has managed the entitlement and disposition of land assets and developments over $250 million and served a critical role in managing FVP’s success in distressed property and debt transactions. As a co-founding partner of FVP, Mr. Piña has served on FVP’s investment committee since its inception.
Given his deep background in opportunistic real estate investments, managing foreclosures, acquisitions of short-sale properties, large-scale land developments, and master-planned communities, he serves as FVP’s lead in regional land assemblage, land investments, and opportunistic investment strategies. He has seen the transition of FVP from a real estate start-up to over 1.4 billion in acquired assets through 2020.
He served on the Boy Scouts of South Florida Council Board and launched its Hispanic Heritage Luncheon Award, now in its 14th year. He has also volunteered his time to many public sector government entities, such as the Dade County Planning Advisory Board and Miami Lakes Charter Committee on Incorporation.
Mr. Pina was born in Cuba and migrated to the United States at 16 via the Mariel boatlift in the 1980s. He is recognized as the first Cuban-born lawyer, “Marielito,” to earn a law degree in the United States.
EDUCATION
B.A. Business Administration, Florida International University
J.D. University of Miami School of Law
AFFILIATIONS & RECOGNITIONS
Past Board Member: Monsignor Pace High School
Past Board of Trustees Member: St. Thomas University
Past Board Member: Miami-Dade County Planning & Advisory Board
Boy Scouts of South Florida Council Board
Miami Lakes Charter Committee Board Member
Past Honoree: Ronald McDonald House – 12 Good Men
CORE VALUES
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Integrity
We strive for the highest standard of honesty and ethics and demand the same from our partners.
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Collaboration
We like to work in teams with blue-chip partners who can challenge us to improve.
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Pragmatism
We find practical applications to problems when they arise. If we can simplify the solution, we will.
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Discipline
We strive to be disciplined and methodical in all we do.
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Trust
We believe trust is the hallmark of any meaningful relationship.
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Commitment to Excellence
We always strive to be excellent and best-in-class.
We like to be pragmatic and strive to find simple solutions to complex problems.
Alicio Pina | Managing Partner
Our History
2008
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May 2008
Florida Value Partners I LP is incorporated in the State of FL. The partnership is a $20m private investment vehicle that acquires distressed assets.
2009
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March 2009
FVP acquired its first major asset, the Miami Airport Center, via a distressed note purchase of $22m.
2010
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July 2010
FVP acquired Promenade via distressed sale - closes the $20M transaction in two weeks - for $20m.
2012
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August 2012
FVP acquired the distressed CVI portfolio for $140m in partnership with The Lynd Company. The 3,400-unit multifamily portfolio is its first large-scale multi-state portfolio.
2012
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August 2012
FVP reaches 5,000 units under management and an AUM volume of $600m.
2012
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November 2012
FVP in partnership with Leon Mayer & Co, NKP Capital founded Endeavor Schools as an Opco Propco buy and build strategy to acquire private schools throughout the U.S. within pre-selected markets.
2013
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June 2013
FVP acquired the John Hancock Center for $143 million, its first large-scale commercial office acquisition.
2013
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May 2014
FVP becomes an anchor investor and Board Member in a GP development program with ~1B AUM along with the John Buck Company in Chicago.
2016
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March 2016
FVP partners with Eden Multifamily and the Hunt Companies to develop the Lazul Apartments (a 350-unit luxury market rate property).
2018
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February 2018
FVP, NKP, and LM sell Endeavor Schools to Leeds Equity for over $114m.
Read More
2018
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January 2019
FVP forms 2nd programmatic fund partnership [$85m GP fund] with John Buck Company
2020
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January 2020
FVP achieved $1B in asset volume, including 7,000 units under management, 1,000 units developed or in development, and over 2m square feet of commercial assets acquired.
2020
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December 2022
FVP acquired Shorty’s site in Downtown Dadeland to develop a 25-story high-rise tower.
2020
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February 2023
FVP acquired Downtown Miami land to develop a 42-story mixed-use high-rise.
To make the magic happen, you need a great team
We are building a track record of exceptional real estate investments by assembling a best-in-class team. Our experience is vast, our talent is diverse, and our passion for performance is limitless.
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MEET THE TEAM
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Guillermo Navarro
Chief Financial Officer
Fernando Alvarez
Comptroller
Finance & Accounting
Walter Aguilar
Director
Development Coordination & Construction Management
Diego Fernandez
Sr. Associate
Acquisitions & Development
Jessica Farah
Sr. Associate
Asset Management
Alys Muro
Assistant
Asset Manager
Chris Piña
Advisor
Affordable Housing & Impact Investing
Rey Villar
Ex-Officio / Principal
Planning & Zoning
Peter Pessoa
Ex-Officio / Principal Investments & Capital Markets
Beth Azor
Ex-Officio
Retail Leasing & Management
Rene Rodriguez
Property Manager Commercial Properties
Noemi Alvarez
Office Manager
- Director of Pre-Construction Services, Facddna Pre- Consnuction of Florida, LLC (2013 – 2014), VP & Chief Construction / Estimator, Flagler Construction Corporation (2005 – 2012)J Senior Estimator, Tamer Construction Cost Estimator (2001-2005)
- Over $500M of managed projects since 1990
- MS., Civil Engineering, Georgia Institute of Tedmology, B.S., Civil Engineeting, Pontifical Xavier University, Bogota, Columbia
- Stare of Florida Licensed General Contractor CGC LEED Accredited Prof.sional 2009
- Facilitate Asset Management, Due Diligence, and Operations, Asset among other responsibilities
- Management of $200+ million real estate portfolio management
- Responsible for monthly operations reporting and integrating asset management functions with property-level functions Relevant
- M.B.A., Management, Nova Southeastern University Experience: M.S., Nova Southeastern University 6 years B.A., Nova Southeastern University
- Spearhead Due Diligence, Project Management, Business Development/ Development, & Operations, among other responsibilities Legal
- Prior to FVP, served as: Development Associate, Finance and Construction, Related Group; Strategic Initiatives / Business R l Development Manager & Legal Counsel, Executive 8t Capital eevant Teams, Lennar; Founder/ Mng’g Partner, Royal Palm Partners Experience:
- Facilitated over $2 billion in real estate initiatives 10 Years
- J.D., Florida International University; M.B.A., Real Estate, University of Miami; B.A., Magna Cam Lode, Univ. of Miami
- Oversee FVP’s development projects and construction, renovation-focused projects
- Expert in land use, zoning, master-planning, building, and permitting
- Deep experience with land banking, master-planning, zoning and development advisory for major real estate multinationals (Lennar, D.R. Horton, Equity One, and Westbrook Homes, among others)
- Previously, spent 27 years with Miami-Dade County, most recently as Head of Planning and Zoning
- B.S., Nova Southeastern University
- Prior to FVP, co-founded Capital Markets Financial Services Group and previously held management positions with Bank of America, Southeast Bank, and The International Bank of Miami
- Developed over $1 billion in AUM including emerging markets bond trading, securities transactions, loan origination, and private placements in real estate, with aggregate value over $1.5 billion in total closed transactions (2005 — Present)
- M.B.A., Harvard University B.A., Dartmouth College
- President of Terranova (1998 – 2004), Florida’s largest 3rd party asset manager
- Chair of the ICSC Florida Conference: awarded: Top Retail Broker by South Florida Business Journal, Superstar Broker by Real Estate Forum, and Broker’s Favorite Broker by Commercial Property News.
- Member of the FSU Foundation Board of Trustees since 2004
- B.A., English, Florida State University