Formation of strategic land investment joint venture between our client, one of the nation's largest homebuilders, and an affiliate of Morgan Stanley Real Estate Funding II, L.P. The joint venture, which has a book value of $1.3 billion, will acquire, develop, manage, and sell land for residential use. Concurrently, we also assisted the client in its sale of a $525 million diversified portfolio of land to the investment venture.
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.