Affordable Housing Finance for Special Needs Facility in Miami, Florida

Casa Familia, Inc.

Represented non-profit Casa Familia, Inc. in negotiating and closing $42 million in financing from the Florida Housing Finance Corporation, Truist Bank, and Miami-Dade County for an affordable housing complex in Miami, Florida specifically designated for individuals with developmental and cognitive challenges. The complex closing involved six levels of mortgage financing in addition to equity investment. 

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