Defective Construction Litigation Concerning Historic South Beach Hotel

Developer
Representation of established New York developer in multiple construction disputes at historic South Beach hotel. Potential damages for defective work exceed $10 million.
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Experience
Representation of real estate investors in limited partnership derivative suits. Investors sought millions of dollars in damages, based on the diminution of the value of their investment and lost opportunities.
Experience

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 Mi...

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...
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