Armando Codina
Executive Chairman, Codina Partners
Armando Codina is Founder and Executive Chairman of Codina Partners, LLC, a real estate investment and development firm based in Coral Gables, Florida. Codina Partners and its affiliates are engaged in multiple real estate development and investment activities. The single-family and townhome affiliate, CC Homes, is rated one of Florida’s top builder-developers and multifamily affiliate, CC Residential, has developed more than 3,400 multifamily units. The firm’s portfolio is comprised of residential, commercial and mixed-use projects including the over one-billion-dollar investment in Downtown Doral. The 250-acre Downtown Doral is composed of more than 5,000 residential units, over one million square feet of office space, 250,000 square feet of retail space, Doral City Hall, Downtown Doral Charter Elementary School, and a middle and high school.
Previously Mr. Codina served as Chairman of Flagler, a full-service commercial real estate firm headquartered in Coral Gables, Florida. The company’s portfolio spanned more than 12 million square feet of Class-A office and industrial space throughout Florida. He continued to serve as the non-executive chairman of Flagler until December 31, 2010.
Prior to that Mr. Codina served as chairman and CEO of Codina Group, a South Florida-based commercial real estate firm, which he founded in 1979. Under his leadership the firm grew to be Florida’s largest privately-held commercial real estate company. In 2006, Mr. Codina merged his firm with Flagler Development Group, part of Florida East Coast Industries, Inc. (NYSE: FLA). In July 2007, FECI was sold to Fortress Investment Group.
In addition to serving as CEO and Chairman of his core real estate holdings, Mr. Codina is an active investor and owner of MBB Auto Group, a premium luxury retail automotive group consisting of 15 dealerships in the Northeast that include Mercedes- Benz, BMW, Land Rover, Jaguar, Audi and Toyota.
Before establishing Codina Group, Mr. Codina served as president of Professional Automated Services, Inc. (P.A.S.), a firm created in 1970 to provide data processing services to physicians. As a result of the firm's success, Mr. Codina is recognized as a pioneer in the development of comprehensive medical management systems, including processing, accounts receivable, management reporting and multiple financial services.
Mr. Codina served on the board of directors of American Airline’s parent, AMR Corporation where he served in the capacity of Lead Director until December 2013. He currently serves on the board of The Home Depot.
In addition, Mr. Codina serves on a number of professional, civic, and educational organizations, including Board of Trustees member of the Urban Institute, Chair of the Town Square Neighborhood Development Corp, Chairman Emeritus of Florida International University; co-founder Community Partnership for the Homeless; and a member of the Florida Council of 100, among others.
Most recently, Mr. Codina received the Joseph Wharton Business Statesman of the Year. In March of 2016, Mr. Codina received the United Way prestigious Tocqueville Award for Outstanding Philanthropy. In May of 2015, Mr. Codina was honored with the Vanguard Award by BOMA Miami. In March of 2014, Mr. Codina was received the Greater Miami Chamber of Commerce’s Real Estate Achievers & Leaders Lifetime Achievement Award. Mr. Codina received the Urban Land Institute’s Lifetime Achievement award in September of 2011. Other awards he has received over the past 15 years are: the University of Florida Bergstrom Center Hall of Fame Award; ‘Free Enterpriser of the Year’ by the Florida Council on Economic Education; ‘Developer of the Year’ by the National Association of Industrial and Office Properties (NAIOP); ‘Office Developer of the Year,’ ‘Shopping Center Developer of the Year,’ and ‘Entrepreneur of the Year’ by the Wharton School; the Building Association of South Florida’s Hall of Fame; the Charles Whited ‘Spirit of Excellence Award’ from Knight Ridder Newspapers; ‘Humanitarian of the Year’ award from the American Red Cross; ‘Sand In My Shoes’ lifetime achievement award from the Greater Miami Chamber of Commerce; and the Merage Foundation’s ‘National Leadership’ award, which recognizes leaders whose journeys to the United States as immigrants have made a positive impact on the quality of life for all Americans.
