$775 Million Loan Restructuring for California Joint Venture Development
National homebuilder
Representation of homebuilder as part of a joint venture in the acquisition, financing, and subsequent restructuring of a $775 million loan for a former Marine Corps air station in Orange County, California. Spanning almost 4,000 acres, the property features the Orange County Great Park as well as residential, golf, commercial, and school uses.
Related Practices
MORE EXPERIENCE
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Representation of real estate investment company in connection with the environmental investigation and remediation plan for a five acre residential community and golf course. Successfully determined scope of assessment and provided recommendations for final remediation plan while representing clien...
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
