$236 Million Construction Financing for Brickell Flatiron Condominium

Downtown Development Holdings, LLC and Tower Downtown Investor, LLC

Representation of Downtown Development Holdings, LLC and Tower Downtown Investor, LLC, companies affiliated with developer Ugo Colombo, in obtaining $236 million construction financing for development of Brickell Flatiron. The financing was a combination of mortgage and mezzanine debt. Brickell Flatiron is a 64-story high-end condominium tower in Miami's urban core which was designed by architect Luis Revuelta with interiors by Massimo Iosa Ghini.

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...