Representation of Coen Capital in development of The Landing, a $100 million 150-unit luxury condo-hotel project in Charleston, South Carolina. This condo-hotel, the first in South Carolina to be developed on a ground lease, created challenges with the property owner, the lender, equity investors, and unit owners. Among other issues, the property owner required a mechanism for the steady payment of ground rents even if a unit owner failed to pay rent, and unit owners and the lender required assurances that the ground lease would not terminate for non-payment if any unit owner failed to pay rent.
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 Miami...
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...
Representation of developer of 45-story luxury oceanfront condominium in City of Sunny Isles Beach, Florida, against the neighboring Town of Golden Beach's appeal objecting to the development approval by the City of Sunny Isles Beach.