Salomé Bascuñan

Partner
305-350-7212
Hablo Español
Area of Focus: Real Estate, Construction
Salomé Bascuñan
Partner
305-350-7212
  • OVERVIEW
  • EXPERIENCE
  • CREDENTIALS
  • PRACTICES
GET TO KNOW SALOMÉ

Salomé is a real estate attorney who thrives on the intensity and collaboration needed to close a real estate deal. She has broad transactional experience representing institutional lenders, borrowers, investors, and developers in commercial real estate transactions. She handles acquisitions, financing, and development of commercial projects such as hotel, multi-family, office, retail, industrial and mixed-use properties. Salomé is also experienced in the preparation and negotiation of construction agreements and professional design agreements.

Q & A
What types of challenges most excite you?
One aspect of real estate law that I find most compelling is the mutual interest of the parties to close the deal. That common motivation encourages creativity and flexibility when negotiating terms or settling an impasse. I take pride in being a practical thinker who likes analyzing a problem, weighing competing options, brainstorming ideas, and developing untraditional solutions that protect our clients and get the deal done. 
How do you guide foreign investors interested in the U.S. real estate market?
Foreign investors want to understand the norms of U.S. transactions and the real estate investment process from start to finish. Most are looking for income-producing properties before committing to real estate development. I like to explain the “must-have” provisions of a purchase and sale agreement and explain the complexities of the due diligence process, including land use, zoning, environmental assessments, and unfamiliar U.S. practices such as title insurance. I also collaborate with colleagues from other practice areas, such as our international tax team, to provide a multi-disciplinary approach for my foreign investor clients.   
EXPERIENCE
Experience
Representation of Merrimac Ventures and Aria Development Group in obtaining a $95 million construction loan for a 32-story condominium tower, part of the larger $3 billion Miami Worldcenter development.
Experience
Served as primary outside counsel to a real estate private equity fundin its capacity as special servicer for billions of dollars of commercial real estate loans. Advised client with respect to the restructuring, workout, and exercise of remedies with respect to loans that are in default or where de...
Experience
Representation of Paramount Miami Worldcenter in all facets of the development of a 564-unit residential tower and six-acre amenity deck, which is the $650 million centerpiece of the $3 billion Miami Worldcenter. The team represents Paramount Miami Worldcenter in its acquisition of land and air righ...
Experience
Representation of multifamily real estate investment company in connection with over $400 million in acquisitions and associated financings of various multifamily rental projects throughout the Southeast United States. Guided client in the acquisition, financing and closing of six projects with vari...
Experience
Representation of Paramount Miami Worldcenter in obtaining a $170 million construction loan and two mezzanine loans totaling $150 million. One of the mezzanine loans included EB-5 financing. Work on these loans took over eight months and began even before the land purchase was finalized. Paramount M...
Experience
Representation of Integra Marine Holdings in its $200 million acquisition of four marinas in Miami-Dade, Martin, and Monroe Counties, encompassing over 600 marina slips.In each acquisition, the marina ownership was split from the adjacent upland ownership, which required significant development plan...
CREDENTIALS
  • Florida International University, J.D., 2012
    Duke University, B.A., International and Comparative Studies and Political Science, 2007
  • Leadership Council on Legal Diversity

    Fellow, 2023 - 2024

    Chile-US Chamber of Commerce
    Member
    Commercial Real Estate Women (CREW)
    Member
  • Florida
  • Daily Business Review, Most Effective Lawyers - Real Estate, Winner, 2017
  • Spanish