Development and Construction of Luxury Condo and Marina in Sunny Isles Beach

400 Sunny Isles LLC

Representation of joint venture involving 13th Floor Investments and Key International Development in connection with 400 Sunny Isles, a 230-unit luxury condominium and marina with approximately 36 wet slips and 65 dry slips on the Intracoastal in Sunny Isles Beach, Florida. We assisted in negotiating the joint venture agreements and negotiating and closing the $43.1 million construction loan from Regions Bank.

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Adam D. Lustig
Practice Group Leader, Real Estate
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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 in S...
Experience
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...
Experience
Representation of Consultatio, a development and financial firm owned by Argentine businessman Eduardo Constantini, in obtaining approval for the rezoning of a 5.5-acre oceanfront site in Bal Harbour to develop an 850,000-square-foot, 260-unit luxury high-rise condominium. We successfully negotiated...
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