$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.
David W. Trench
General Counsel
John C. Sumberg
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 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 the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...