Financing for Affordable and Workforce Housing in Miami
Ambar3
Advised real estate developer Ambar3 in connection with financing for Ambar Station, a 576-unit apartment complex in Miami, Florida. The complex transaction included a $142 million construction loan which was syndicated between three different construction lenders, $128 million in tax exempt bonds, and subordinate financing from the Florida Housing Finance Corporation, as well as tax credit equity.
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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...