P3 to Develop Mixed-Use Property on Lincoln Road in Miami Beach

Team NO11i, LLC

Representation as lead counsel of Team NO11i, consisting of Robert Wennett, Jonathan Fryd, and Michael Comras, throughout the City of Miami Beach's procurement phase, including navigating the political and legal landscape. We assisted in developing the strategy for responding to the City's Request for Proposals (RFPs), preparation for oral presentation before the evaluation committee, and responding to various legal challenges to the process. As a result, our client was ranked number one by the evaluation committee and the process remains ongoing. The City's RFP responded to Lincoln Road's growing concentration of retail, restaurant, and business activity. Due to increased demand, Lincoln Road lease rates have increased significantly, resulting in some retailers potentially being "priced-out".

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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...
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