Representation, as co-counsel, of LNR Partners, LLC in the chapter 11 cases of Transwest Properties and its affiliates in the United States Bankruptcy Court for the District of Arizona. LNR Partners served as the special servicer for a $209 million loan made to Transwest Properties in 2008 to finance the acquisition of the Westin hotels in Tucson, Arizona and Hilton Head, South Carolina.
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.