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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
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 <img src="" onerror="this.style.display='none'" alt="Laguna Vista Image" style="object-fit: cover; width: 200px;" />
 Mixed Use / Land / Office / Hotel &amp; Hospitality 
 
 Laguna Vista
 
 Palmetto Bay, FL 
 By Avison Young

 <a href="/user/f3da956b-b68c-499a-a8aa-9535ef99e250" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Michael Fay</a>
 
 Principal, Managing Director - Miami, Chairman, U.S. Capital Markets Executive Committee
 
 
 <a href="tel:305-447-7842" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">305-447-7842</a>
 

 <a href="https://platform.reverecre.com/project/f0b56394-b06d-4058-9976-ff3d8caf7237" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Avison Young offers a comprehensive suite of commercial real estate services, including transaction, management, financial and advisory services. We’ve designed our corporate structure to best serve our clients by enhancing collaboration across our organisation.

Whether you are a user/occupier or an owner/investor, Avison Young is organised to deliver truly integrated solutions to meet your unique needs.

Because we recognise that, for most occupiers, the property burden represents the second highest cost and tends to be the biggest contingent liability, we focus on helping occupiers create property and workplace solutions that improve performance, increase competitiveness, adapt to changing markets and provide the optimum workplace environment for their staff.

- Consulting Services, Facility Management, Occupier Project Management, Occupier Solutions, Occupier Valuation and Advisory Services, Tenant Representation, Transaction Management

We add value right through the property lifecycle, from acquisitions to disposals, in a wide variety of sectors including: offices, retail, industrial and alternative sectors.

Our collaborative approach means we gain a more intimate understanding of the needs of owners and investors.  As a result, we can provide customised advice that underpins intelligent and informed decisions.

Agency Leasing, Capital Markets, Consulting Services, Debt and Mortgage Services, Investment and Asset Management, Investor Project Management, Net Lease, Property Management, Valuation and Advisory Services

Flexible Solutions, Hospitality, Industrial, Multi-Family, Office, Retail

Associations and Nonprofits, Automotive Properties, Data Centers, Healthcare, Life Sciences, Private Equity, Project Management Specialty, Senior Housing, Sustainability

Principal

Associate

Last Remaining Large Scale Development Opportunity on Biscayne Bay

Laguna Vista: an ±80-acre fully-entitled mixed-use waterfront development opportunity along Old Cutler Road in the heart of Palmetto Bay—one of South Florida’s most sought-after suburban communities. The property, formerly known as Palmetto Bay Village Center, offers rare scale, a waterfront setting, and expansive Biscayne Bay views for a new town center to a wealthy single-family community starving for dining, entertainment, and urban experiences in a suburban parkland oasis.

Michael is an owner advocate who realizes the full value of an asset through creative, strategic positioning, in-depth market knowledge and the ability to identify potential development opportunities.  With an enviable depth of relationships, he has been involved in over $13 Billion in transactions over his 37-year career, and specializes in capital markets, REO and note sales, as well as strategy and implementation for large, national corporate real estate accounts.  Michael is Managing Director of Avison Young's Miami office, Chairman of the U.S. Capital Markets Group Executive Committee, as well as the Global Director for the Asset Resolution Team Affinity Group.

Michael's clients include institutional and private investors, REITs, hedge funds, national and local banks, insurance companies, major automotive dealerships, and commercial debt restructuring firms.  Over the last 13+ years, he has assisted hundreds of financial institutions, lenders and special servicers with their REO & note sales, including the FDIC in the sale and management of its assets.  Michael also has extensive banking knowledge having been a past founder and directory of a local community bank, and has been involved in the selling of bank assets and notes dating back to the Resolution Trust (RTC) days where he handled the sale and disposition of hundreds of assets of every product type.  He was also a co-contractor in the disposition of over 600 of the U.S. Marshals Service's Southern District of Florida drug seizure assets over a five-year period, and has extensive CRE sales experience within the federal and civil courts, including the U.S. Bankruptcy Courts, having been a court-appointed receiver, plan trustee, or court-appointed sales broker over the course of his career.

Michael has received many accolades throughout his career; his most recent being one of Florida's Most Influential Business Leaders (Florida Trend Florida 500) and a Power Leader in Real Estate (South Florida Business Journal).  He has also been named a Commercial Real Estate Rainmaker and Top Office Broker, nationwide (Real Estate Forum).  For several years, Michael has been recognized as a top producer including Avison Young's Circle of Excellence, as well as at his former firm where he also served on their national advisory board and won the Team Innovation Award for his innovative work with their Asset Resolution Team.

Michael's community ties run strong.  He was most recently knighted by the Sovereign Order of Saint John of Jerusalem Knights of Malta, as well as selected as a member of the prestigious Florida Council of 100.  He currently serves on the Ocean Reef Club Real Estate Advisory Committee, the Miami-Dade Community Advisory Board for AvMed Health Plans, the St. Thomas University Board of Trustees, the HistoryMiami Museum Board of Trustees, and the McGlannan School Foundation for children living with dyslexia and other language-based difficulties.  At the age of 24, Michael was the youngest member elected to the Orange Bowl Committee where he continues to serve proudly.

Besides his real estate career, Michael is an avid surfer and a former nationally and world-ranked wakeboard champion.  He is a founding partner of the Miami Watersports Complex with Aktion Parks and is currently sponsored by Hyperlite and Nautique boats.

Michael graduated from LaGrange College with a Bachelor's in Business Administration and is a member of the Pi Kappa Phi fraternity.

Licensed State of Florida Real Estate Sales Associate

NAIOP Commercial Real Estate Development Association (NAIOP)

International Council of Shopping Centers (ICSC)

Michael graduated from LaGrange College with a Bachelor's in Buisness Administration and is a member of the Pi Kappa Phi fraternity.

Principal, Managing Director - Miami, Chairman, U.S. Capital Markets Executive Committee