Restructuring of an $80 Million Loan

Major Real Estate Developer
Representation of major real estate developer in the restructuring of an $80 million loan secured by a complex mixed-use project involving a ski resort, hotel, condominium units and fractional ownership units in Colorado owned by a joint venture of a Miami-based development firm and a Mexican billionaire.
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Experience
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...
Experience
Successful representation of the City of Pompano Beach and Pompano Beach Community Redevelopment Agency in connection with the negotiation of project development agreements, including a master developmentagreement, purchase and sale agreement, ground leases, and build-to-suit subleases, for the publ...
Experience
Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing in S...
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