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.
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Adam Lustig

Adam Lustig

Partner
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Experience
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
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 Mi...

Experience
Appointed tax counsel to SunCruz Casinos LLC, a "cruises to nowhere" gaming business, in its chapter 11 bankruptcy proceeding.
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