Representation of special servicer in connection with its consent to the borrower's sale of the property securing and the assumption of a $580 million loan evidenced by 6 pari-passu notes . The $1.2B purchase price for the property was funded by the $580 million loan assumption and cash provided by a one of the largest pension funds in the country.
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
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...
Representation of an energy companyin its $9.45 billion all-cash acquisition of another energycompany, resulting in the creation of the largest utility holding company in the United States.