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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Philip R. Stein
Practice Group Leader, Trial & Litigation
Kayla M. Hernandez
Associate
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Experience
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...
Experience
Representation of diversified automotive company in over $3.8 billion of various financing matters including the securitization of retail and lease installment contracts, and negotiation of working capital lines of credit and conduit lending facilities.
Experience
Representation of real estate fund client in the private placement securities offering of a flagship private equity fund comprised of two separate real estate funds, one focused on debt investments and the other focused on direct residential and commercial investments. The funds' structures include ...
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