$25.8 Million Office Building Sale Subject to Securitized Loan

Shavuot Realty ADA Compliant Ltd.

Representation of Shavuot Realty ADA Compliant Ltd. in the $25.8 million sale of the InterAmerican Plaza office building to Miami Dade College. The sale took more than two years to complete as the property was subject to a securitized loan that had to be defeased.

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Adam D. Lustig
Practice Group Leader, Real Estate
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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 diversified automotive company in over $3.8 billion of various financing matters including the securitization of retail and lease installment contracts, and negotiation of working capital lines of credit and conduit lending facilities.
Experience
Representation of real estate fund client in the private placement securities offering of a flagship private equity fund comprised of two separate real estate funds, one focused on debt investments and the other focused on direct residential and commercial investments. The funds' structures include ...
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