$200 Million Submerged Land and Marina Development Project

Dupont Property Holdings LLC

Representation of Dupont Property Holdings in development of the Dupont Plaza project. We handled submerged land and marina issues and represented Dupont in the acquisition financing for the ground lease. We also negotiated a settlement with the Florida Department of Transportation on right of way issues. The Dupont Plaza project involved financing, construction, and development of two residential towers, and demolition of an existing building.

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...
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 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...