Joint Venture for $130 Million Mixed-Use Development in Georgia

The Allen Morris Company

Representation of The Allen Morris Company in the development and financing of Star Metals Residential Project, a $130 million, 400 unit, mixed-use development in Atlanta, Georgia. Negotiated complex joint venture agreements and $90 million of financing consisting of both secured senior debt and mezzanine financing.

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Robert M. Siegel
Partner, Head of Commercial Finance
Manuel Gonzalez
Partner
Joshua A. Kaplan
Partner, Co-Head of Joint Venture Practice
David S. Resnick
Partner, Co-Head of Joint Venture Practice
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Experience
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...
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
Served as borrower's counsel in a $2.7 billion multi-tiered syndicated secured and mezzanine acquisition loan transaction involving a financial services company.
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