Construction Loan for the Cabana Beach Hotel and Resort
Mellon United National Bank
Representation of bank in construction loan to Cabana Beach Hotel and Resort, whose principals are famed singer Gloria Estefan and her husband, Emilio. We were able to close the loan in one week, per the parties' requests.
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
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...