$31 Million Acquisition of Orlando Hotel

Cambridge Landmark

Representation of Cambridge Landmark in the $31 million purchase and subsequent $14.2 million sale of the Sheraton Orlando North hotel in Orlando, Florida, as well as a leaseback from the new owner and $12 million in leasehold financing.

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Jon Chassen
Senior Counsel
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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...
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Served as Special Counsel to a major city in Florida in connection with the negotiation of a ground lease for a $1 billion marina and mixed-use development project. Reviewed and negotiated the ground lease, master declaration and various ancillary documents related to the hotel, marina, condo and re...
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