Sale of over $8.5 billion of REOs
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 project in Louisiana.
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Marjie C. Nealon
Partner
Lindsey Z. Parker
Of CounselMORE EXPERIENCE
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
US Homes applied for and received zoning approval of a 1,500-unit residential community in Lee County, Florida; the neighbors challenged the approval in court. We represented US Homes in the appeal and subsequent remand, obtaining a favorable resolution to the matter for our client.