$500 Million Mixed-Use P3 Development on County-Owned Land

Developer
Representation of a developer in negotiating the assignment of an existing lease agreement for a recreational automobile club on a 165-acre property owned by Miami-Dade County. Also negotiated a lease amendment for the development of a mixed use project on the property consisting of recreation and sports facilities, workforce housing, warehouse facilities, a hotel and retail spaces. The $500 million development is slated to generate hundreds of jobs and enhance public infrastructure, in furtherance of Miami-Dade County’s economic development and affordable housing goals.
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Albert E. Dotson, Jr.
Chief Executive Officer & Managing Partner
Eric Singer
Partner
Krista D. DeCastro
Of Counsel
Diana C. Mendez
Partner
Rafael A. Paz
Partner
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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 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...
Experience
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...
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