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Workout of $100 Million of Debt Facilities for Residential Subdivision Projects

Shelby Homes
Representation of Shelby Homes, a privately-owned builder and developer, and its principal in the workout of debt facilities for eight residential subdivisions throughout Florida with aggregate outstanding loans of over $100 million.
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Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
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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...

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