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$100+ Million Acquisition of Condominium in Sunny Isles Beach

Real Estate Developer
Representation of joint venture between a foreign real estate development company and a U.S.- based real estate investment and development company in the acquisition of a five-acre, four-building hotel and condominium beachfront complex in Sunny Isles Beach, with plans to reposition the site as a luxury condominium. The fractured condo purchase included a series of complex negotiations with 300+ unit owners.
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David W. Trench

David W. Trench

Partner, General Counsel
John C. Sumberg

John C. Sumberg

Chairman
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Experience

Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing i...

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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