Co-counsel to Miami Beach hotel in the restructuring of its debt through a $412 million Wall Street bond issuance, as part of restructuring of hotel's entire capital stack. This was the first time in nearly a decade that this type of financing had been done in the CMBS world, where a single loan secured by one asset constituted the entire pool.
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.