Joint Venture and Capital Raise for $135 Million Office Development in Georgia

The Allen Morris Company

Representation of The Allen Morris Company in the development and financing of Star Metals Office Project, a first class office and retail development in Atlanta, Georgia containing approximately 227,000 rentable square feet of office floor space, 35,000 rentable square feet of retail floor space and 521 parking spaces. Negotiated complex joint venture agreement and financing consisting of a $66.6 million construction loan and a $33.3 million mezzanine loan.

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...
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
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...