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Joint Venture Acquisition of Fractured Condo

Joint Venture
Representation of joint venture in its acquisition of a fractured condominium, including joint venture negotiations, real estate purchases, and loan acquisitions. The deal was riddled with complications including title and land use issues and litigation involving the former developer.
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Experience

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...

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