Negotiation of Master Option Agreement Home Site Acquisitions

Lennar Corporation

Representation of Lennar Corporation, one of the nation's largest homebuilders, in a deal with Starwood Land Ventures LLC, a Florida-based national real estate investment firm funded by Starwood Capital Group, to acquire or option more than 2,700 home sites in 38 communities throughout Florida that were originally obtained by Starwood in the TOUSA bankruptcy. We negotiated the master option agreement whereby Lennar obtained the option to acquire in stages more than 2,700 finished, entitled home sites in 38 communities throughout Florida.

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...
Analyzed cleanup strategies in order to resolve soil and contamination issues on homebuilder client’s property in Broward County, Florida. Negotiation with the Broward County Environmental Protection Division to obtain a restrictive covenant to allow for residential development on the property.
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...