Marshall R. Pasternack

Partner
305-350-2356
Area of Focus: Corporate
"[Marshall is] very intelligent - nothing gets by him."
- Chambers USA 2016
GET TO KNOW Marshall
Drawing on decades of experience, Marshall stands apart from other South Florida lawyers when it comes to real estate joint ventures. Having represented developers, sponsors, and capital partners, he is able to bring a unique perspective to each venture he helps craft and has a keen understanding of what is important to each party. 

Marshall regularly works on joint ventures for real estate projects valued at hundreds of millions — even billions — of dollars. Those partnerships have built landmark developments across South Florida, including the Dolphin Mall, Oakwood Plaza, Jade Signature, Civica, Auberge in Fort Lauderdale, and Pelican Bay in Naples. 
Q & A
What distinguishes you from other lawyers who do similar work?

I have been fortunate to have focused in an area over the past 25 years that I truly enjoy and which lends itself to creativity -- the joint venture arena.  I view the best of these transactions as exercises in collaboration -- among principals and attorneys. I enjoy people and I enjoy bringing people together and my practice allows me to do these things in a very positive and professional way. I am pleased to have developed relationships with and been referred multiple matters by attorneys that I once sat across the table from.

How do you view your relationships with clients?

My clients entrust me to get their deals done and I do everything I can to do so.  Many of my clients are close personal friends with whom I have had the pleasure of sharing many life cycle events. My clients know I am always available for them.

What is your involvement with Bilzin Sumberg Cares?
I created Bilzin Sumberg Cares, our firm wide employee volunteer program, which speaks of the culture of our Firm. I have helped shape the program and continue to oversee it. The concept behind the program was to bring the Bilzin Sumberg community together in a way that would benefit the South Florida community. That has been both our vision and our reality.
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My PRACTICES
EXPERIENCE
EXPERIENCE
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
EXPERIENCE
Representation of Maryland real estate investment trust (REIT) based in Florida in the simultaneous closing of (i) $180 million equity investments through a private placement, (ii) $320 million debt financing and (iii) the acquisition of 14 shopping centers with a purchase price of $500 million.
EXPERIENCE
Representation of Fortune Development in the development of the $330 million, 326-unit Jade, a luxury residential condominium in the Brickell area of downtown Miami. Representation included the negotiation of relevant joint venture documentation.

Marshall was a key member of the Miami committee that worked with the NBA to bring the Miami Heat franchise to the city.

EXPERIENCE
Representation of joint venture between a foreign real estate development company and a U.S.- based real estate investment and development company in the acquisition of a five-acre, four-building hotel and condominium beachfront complex in Sunny Isles Beach, with plans to reposition the site as...
EXPERIENCE
Representation of real estate development group in negotiation of joint venture agreement with real estate private equity group for $50 million acquisition of property and subsequent development of retail project in Miami's Health District. Our work included negotiating 15 leases to national retaile...
INSIGHTS

Marshall is an adjunct professor at the University of Miami School of Law where he teaches Tax Considerations of Real Estate Transactions in the Real Property Development LLM Program.

CREDENTIALS
  • New York University, LL.M., 1983
    University of Florida, J.D., Levin College of Law, 1980
    University of Florida, B.S.B.A., 1977
  • Coral Gables Cinematheque
    Board of Directors
    United Way of Miami-Dade
    Trustee
  • Florida
    Massachusetts
  • U.S. Tax Court
  • Chambers USA, Corporate/M&A & Private Equity, 2010 - present

    Daily Business Review, Top Dealmakers of the Year, Winner of the Real Estate - Hotel, 2010

    The Best Lawyers in America, Corporate Law, 2009 - present; Securities / Capital Markets Law, 2019

    Florida Super Lawyers, 2006 - present

    Dade County Bar Association Pro Bono Service Award, "Put Something Back," 2009

    AV® Peer Review Rated, Martindale-Hubbell

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