Development and Financing of Condo and Marina Project

Fortune International
Representation of Fortune International in connection with corporate formations and development of Uptown Lofts in Sunny Isles, Florida. Uptown Lofts is a 309,000-square foot project that includes 211 residential units, commercial and retail space, and boat slips.
RELATED PEOPLE
John C. Sumberg
Chairman
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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 Miami...
Experience
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...
Experience
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...
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