Codina Partners, the Coral Gables-based real estate investment and development firm, on Friday named Ana-Marie Codina Barlick its chief executive.
Codina Barlick, 37, who previously served as managing director, succeeds her father, Armando Codina, who will remain executive chairman.
“Every CEO has an obligation to develop talent that can succeed him,” said Codina, 67. “And needless to say, I am very proud of the choice.”
Still, Codina will remain deeply involved.
“He doesn’t intend to slow down,” said Codina Barlick, who has been working with her father consecutively for the last nine years, and who also has other real estate industry experience. “We intend to be a team for some time, and I’m looking forward to that.”
As CEO of Codina Partners, Codina Barlick will oversee all investment, development and construction activities, and the company’s 22 employees. She will also be responsible for managing and maintaining relationships with the company’s diverse partners.
“I’m honored and I’m nervous,” Codina Barlick said. “They are very very big shoes to fill.”
Codina Barlick founded Codina Partners in 2010 alongside her father, originally as a family real estate investment office. The intent was to invest in distressed bonds, mortgages and other real estate-related instruments. Today, the company oversees a real estate investment portfolio of more than $1.35 billion, and has become one of the largest builder-developers in Florida.
Prior to forming Codina Partners, Codina Barlick spent more than five years at Flagler Development. Earlier in her career, she served as research associate for The Staubach Company and lease analyst with Tishman Speyer Properties.
“I’m a working mom, I have three kids,” Codina Barlick said. “The fact that I am working with my father and spending so much time with him and learning from him helps with the work-family balance,” Codina Barlick said.
“We work very well together; we’re very, very different, and we complement each other well,” she said. “Most importantly, we have fun, we enjoy being together. There are days when I see him more than I see my husband or my children.”
A civic leader, Codina Barlick served as president of Miami City Ballet from 2009 to 2011 and continues to serve as the ballet company’s chairman. She holds a master’s degree in business administration from the Massachusetts Institute of Technology’s Sloan School of Management and bachelor’s degree from Trinity College.
In a statement, Alberto Ibargüen, President and CEO, John S. and James L. Knight Foundation, praised Codina Barlick’s leadership at the ballet. “She was instrumental in the transformation of the Miami City Ballet. She helped improve the company's financial condition, evolve its board leadership and led the recruitment effort which brought internationally celebrated dancer and director Lourdes Lopez back home to lead the company.”
“Ana truly brings out the best in our community.”