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$102 Million Sale of Ft. Lauderdale High-Rise

American Land Housing Group
Representation of American Land Housing Group in preconstruction sale and financing of 409-unit high-rise adjacent to the New River in Ft. Lauderdale to an affiliate of the Carlyle Group. The project, developed on a ground lease from Broward County, sold for $102 million and was converted to a condominium shortly after closing.
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Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing i...

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...
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