Acquisition and Financing of Bahia Mar Resort and Marina in Fort Lauderdale
Real Estate Joint Venture
Representation of the joint venture between Tate/Rok Group, RCI Marine and Rialto Capital Management in the acquisition of the company that held a long-term lease of the iconic Bahia Mar Resort and Marina, a 39-acre waterfront property in Fort Lauderdale, Florida with a Doubletree hotel, a 245-slip marina, and office and retail space. We helped form the joint venture, negotiated the terms of the lease acquisition, obtained debt financing, and executed financing arrangements. The representation continues with the modification of the F&B and hotel management arrangements.
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