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
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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...
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...
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...
