$29 Million Loan to Refinance Texas Apartment Project

Real Estate Investment Group

Representation of real estate investment group comprised of three separate tenants in common in obtaining $29 million to refinance a Texas apartment project. We restructured ownership, including organizing three new property owners, transferring the property, and amending all existing organizational documents, and obtained unanimous approval from numerous investors. Additionally, we negotiated loan provisions pre-approving a new, fourth investor with a 30% ownership interest.

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...