Anthony P. Vernace

Anthony P. Vernace: Attorney with Greenberg Traurig, LLP
  • Shareholder at Greenberg Traurig, LLP (2021 Attorneys)
  • 777 South Flagler Drive, Suite 300 East, West Palm Beach, FL 33401
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Biography

Anthony P. Vernace focuses his practice on a wide range of Florida real estate issues, including acquiring, disposing of and financing all types of real property and negotiating commercial office leases. He has substantial experience representing homebuilders and developers in land acquisitions and project development. He also advises institutional lenders on a wide variety of matters in connection with commercial loan workouts, including loan modifications, forbearance agreements, cross-collateralization agreements, foreclosure and taking deeds in lieu of foreclosure.

Recognition & Leadership

Awards & Accolades

•Team Member, Chambers USA Award for Excellence, Real Estate, 2017-2018
•Recipient, the Daily Business Review, “Young Lawyer on the Rise,” 2017
•Recipient, Greenberg Traurig West Palm Beach Shareholder Anthony P. Vernace Honored by the Legal Aid Society of Palm Beach County, GT Alert, May 9
•Team Member, a U.S. News - Best Lawyers, Law Firm of the Year in Real Estate Law, 2015
•Team Member, The Legal 500 United States, Top Tier Firm in Real Estate, 2014
•Team Member, a Law360 Real Estate Practice Group of the Year, 2013 and 2015

Areas of Practice (1)

  • Real Estate

Education & Credentials

Contact Information:
561.650.7928  Phone
561.655.6222  Fax
www.gtlaw.com/People/Anthony-P-Vernace
University Attended:
University of Florida, B.S., cum laude, 2002
Law School Attended:
University of Miami School of Law, J.D., magna cum laude, Order of the Coif, Member, Inter-American Law Review, August 2004-May 2006, 2006
Year of First Admission:
2006
Admission:
2006, Florida
Memberships:

Professional & Community Involvement

•Member, Board of Directors, and Chairman, Governance Committee, YMCA of the Palm Beaches
•Founding Member, YMCA of Greater Miami, Young Professionals Group
•Past Member, University of Florida Alumni Association, Gator Club of Miami
•Past Chairman, Legal Committee
•Past Board Member
•Past Volunteer, Kids and the Power of Work (KAPOW)

Reported Cases:
Experience: Property Acquisition and Project Development: Advised homebuilder clients in connection with purchases of thousands of acres of land often including agreements to jointly develop property with others. Advised clients in connection with acquiring, refinancing and obtaining initial construction financing for hotels throughout Florida.; Advised clients in connection with purchases and sales of commercial office buildings in Florida, occasionally including the assumption by the buyer of the seller's existing loan.; Negotiated with the Florida Department of Revenue on behalf of multiple clients who had neglected to pay documentary stamp and nonrecurring intangible taxes, resulting in the voluntary payment of partial past tax liabilities and the avoidance of all penalties.; Advised clients in connection with agreements with architects for the design of large recreational facilities.; Commercial Loan Workouts: Advised clients in connection with purchasing and selling distressed loans, including the sale of a $103 million loan secured by real property in the Florida Keys.; Advised institutional lender clients in connection with the modification of a $60 million loan for the development of mixed-use commercial and residential condominiums in Miami-Dade County, Florida.; Advised clients on the Florida documentary stamp and nonrecurring intangible tax consequences of loan workouts and acquiring, disposing of and financing multistate real estate.; The above representations were handled by Mr. Vernace prior to his joining Greenberg Traurig, P.A.; Previous Experience: Financial Analyst, Ocwen Financial Corporation, Strategic Planning Department
ISLN:
919052329

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West Palm Beach, Florida

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