$330 Million Development of Jade Luxury Condominium on Brickell in Miami

Fortune Development Corp.

Representation of Fortune Development in the development of the $330 million, 326-unit Jade, a luxury residential condominium in the Brickell area of downtown Miami. Representation included the negotiation of relevant joint venture documentation.

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John C. Sumberg
Founder, Chairman
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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...
Experience
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.
Experience
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...
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