Acquisition, Financing & Development

Subsidiary of a Mexican company
Representation of the subsidiary of a Mexican company in the purchase of a hotel in downtown Miami, and in connection with the property development for multiple condominium towers. The assemblage of the property required acquisition of 2/3 of a downtown city block from five different owners and multiple ground lessees, negotiation with a labor union, as well as the acquisition of the operating hotel. We also obtained the Major Use Special Permit to allow the development of two high-rise condominium towers on the site.
Related Topics
Related Practices

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 Mi...

Representation of Glades Landfill, LLC, in the acquisition and operational permitting of a 300-acre construction and demolition debris landfill adjacent to Lake Okeechobee in Florida.
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...