Financing for $219 Million Affordable Housing Project in Overtown
Housing Trust Group
Representation of Housing Trust Group in negotiating financing for Rainbow Village, a large affordable housing development with over 300 residences in Miami’s historic Overtown neighborhood. The complex deal encompassed two series of tax-exempt bonds, two senior construction lenders, a ground lease with Miami-Dade County, and property tax exemptions for affordable housing.
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Partner
Partner, Head of Affordable Housing and Tax Credit Practice
Associate
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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...
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...
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...