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Acquisition of NoBe Bay Condominium in Miami Beach

Real Estate Investment Fund
Representation of joint venture, led by 13th Floor Investments and Key International, in acquisition of 100% of membership interests in an SPE owned by Regions Bank that acquired title to the NoBe Bay condominium project in Miami Beach at the foreclosure sale.
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Adam Lustig

Adam Lustig

Partner, Real Estate Practice Group Leader
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Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
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 i...

Experience
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
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