Fernando Berio > ECIJA SBGB > San Juan, Puerto Rico > Lawyer Profile

ECIJA SBGB
954 AVE. PONCE DE LEÓN
SAN JUAN
Puerto Rico
Fernando Berio photo

Work Department

Real Estate, Corporate/M&A, Fintech and Financial Regulation, Tax and Regulatory and Government Affairs

Position

Partner

Career

Fernando L. Berio is Partner at ECIJA’s Real Estate, Corporate/M&A, Fintech and Financial Regulation, Tax and Regulatory and Government Affairs practice areas, and has a professional experience of more than 14 years in advising Puertorrican and international companies in said areas.

He focuses his practice on real estate pre-development activities, tax credit equity procurement, tax-exempt financing, mixed financing structuring for multifamily housing deals, deal negotiation and closing, and general corporate, real estate, and tax law matters. Throughout his two-decade-long career, which includes passing the Level III Chartered Financial Analyst (CFA) examination, Mr. Berio has helped raise and close approximately $100 million in financing and tax credit equity for residential and mixed-use projects around the island.

Representing both local and national developers, Mr. Berio, who is a member of the Puerto Rico Bar Association, advises clients involved in administrative, regulatory, and procurement proceedings before state and federal infrastructure government agencies, such as the U.S. Department of Housing and Urban Development, the U.S. Department of Agriculture, Rural Housing Service, the Federal Highway Administration, the Puerto Rico Highway and Transportation Authority, the Puerto Rico Department of Housing, the Puerto Rico Public Housing Administration (PRPHA), and the Puerto Rico Housing Finance Authority (PRHFA), over which he presided. A former member of the Board of Governors for PRPHA, Mr. Berio formed part of the team that structured the first ever LIHTC/Mix Financing deal for public housing in Puerto Rico, which earned him the 2008 Bond Buyer Magazine Deal of the Year award for the most innovative public finance deal nationwide. These interactions have provided him with highly specialized tax law and regulatory experience with programs such as the federal aid housing and highway development programs. Mr. Berio’s presence in the tax credit and infrastructure development industry has been noted in trade publications such as the Tax Credit Advisor Magazine. He has also spoken at the International Federation for Housing and Planning’s World Congress and the Puerto Rico Banking Association’s Housing Congress.

Education

Mr. Berio is admitted to practice before the Puerto Rico Supreme Court. He earned an LL.M. degree with a concentration in Corporate Law and Securities Regulations from Columbia University, a Juris Doctor., magna cum laude, from the University of Puerto Rico, and a B.S.B.A. degree in finance, magna cum laude, from Georgetown University.

Personal

Fernando speaks Spanish and English, and has basic knowledge of Portuguese, French, Italian and Catalan.

Lawyer Rankings

Puerto Rico > Corporate, commercial and banking

(Leading individuals)

Fernando BerioECIJA SBGB

The corporate team at ECIJA SBGB leverages the bench strength of its global network to assist multinational corporates, commercial banks, government entities, non-profits and investors across such sectors as real estate, energy, financial services, manufacturing and logistics with day-to-day corporate operations, and high-value, multi-jurisdictional transactions. The firm’s full service covers matters ranging from M&A, joint ventures, corporate finance and estate planning to corporate governance and tax exemptions, as well as filings, reporting and regulatory compliance. The team is headed by managing partner Fernando Berio, who brings expertise to real estate pre-development activities, tax credit equity procurement and deal negotiation. Jorge Fernandez-Reboredo specialises in corporate advice and compliance monitoring, as well as real estate M&A at the retail and distribution level. The practice is supported by senior associate Milimar Landrón-Acevedo, who assists with the drafting of legal memoranda, contracts, agreements and opinions, utilising a background in risk management.

Puerto Rico > Real estate, hospitality and leisure

The team at ECIJA SBGB leverages the bench strength of its global network to assist domestic financial institutions, national and multinational developers, and corporates across such sectors as energy, transport and digital media on a diverse range of matters related to high-value real estate transactions, from mixed financing structures, due diligence, lease agreements and notarial services to complex procurement processes and tax matters. The practice is jointly led by managing partner Fernando Berio, who handles pre-development activities, tax credit equity procurements and deal negotiations, and Jorge Fernandez-Reboredo, who specialises in the energy sector and real estate regulatory compliance.