Defense of Guarantor in Loan Default Case Involving Large Commercial Property
Managing Member of Real Estate Investment Fund
Representation of the managing member of a real estate investment fund in connection with a personal limited recourse guaranty associated with a $190 million commercial loan on a 400,000 square foot Class-A office building. Successfully defended client by obtaining final summary judgment in Miami-Dade Circuit Court against lender’s claim seeking $7 million in damages.
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