$26.5 Million Mezzanine Loan

Florida East Coast Industries (FDG Hialiah LLC - Mortgage and Mezzanine Loan)
Representation of subsidiary of Florida East Coast Industries in obtaining a $26.5 million mezzanine loan made by Square Mile Capital. The borrowing subsidiary is the direct owner of an entity that owns over 200 acres of property west of the Miami International Airport.
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Jay M. Sakalo

Jay M. Sakalo

Partner, Business Finance & Restructuring and Corporate Practice Group Leader
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Experience
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...
Experience

Representation of All Aboard Florida, an affiliate of Florida East Coast Industries, Inc., in the procurement, land acquisition, and development of portions of the $2.4 billion high-speed passenger rail project connecting South and Central Florida. Passenger service will be created in central Flo...

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