Local Counsel for $150 Million Construction Loan

Global Private Equity Firm

Negotiation of $150 million construction loan secured by borrower’s leasehold interest in the North Tower at Flamingo Point in Miami Beach. Assisted lender client, a global private equity firm, in multiple aspects of loan consideration, including review and advise on loan documentation, construction/mechanic lien law issues, and land use and zoning due diligence.

Related Practices
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...