Draft:Alex M. Fernandez

Early Career
Alex Fernandez began his career outside his family's business. He was involved in turnaround and consulting work and led business development for a healthcare startup in Seattle.

In 2018, Alex Fernandez joined the family office, focusing on diversifying investments beyond the healthcare sector.

Hermitage by MBF
Alex Fernandez was instrumental in the establishment of Hermitage by MBF, a real estate investment firm launched by his family, known for their investments in healthcare through MBF Healthcare Partners.

Palmer Lake Project
The first significant project of Hermitage by MBF is the Palmer Lake development near Miami International Airport. This mixed-use project, in partnership with Neology Life Development Group, involves the development of a 7.3-acre site at 2301 N.W. 33rd Ave. The site, formerly a rental car center acquired for $32.19 million in September 2022, is planned to include 1,250 apartments, 48,280 square feet of commercial space, and 879 parking spaces.

Future Plans
Under Alex Fernandez's management, Hermitage by MBF aims to invest $100 million in real estate over the next three to five years. The focus is primarily on multifamily properties in South Florida, with potential consideration of opportunities in other markets in collaboration with local developers. The firm is also open to acquiring and enhancing existing apartment buildings.