Affordable Housing Financing Counsel for South Miami Residential Development

Related Urban Development Group

Representation of Related Urban Development Group in connection with negotiating and closing the $50 million financing for Residences at SoMi Parc, the first phase of a development in the City of South Miami, which includes 172 affordable, workforce, and market-rate apartments. Financing for the development included a construction loan and Low Income Housing Tax Credits. 

Jennifer E. Fine
Terry M. Lovell
Partner, Head of Affordable Housing and Tax Credit Practice
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...