$51 Million Purchase of Retail Property Portfolio on Lincoln Road in Miami Beach
Acadia Realty Trust, Terranova Corporation
Representation of joint venture between affiliates of Acadia Realty Trust (NYSE: AKR) and Terranova Corporation in $51 million purchase and securitized loan assumption of a portfolio comprised of three buildings on Lincoln Road in Miami Beach, one of the top retail shopping and tourism destinations in the country.
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
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...