JV for $45 Million Acquisition of Land for Luxury Rental Community Development

Major Homebuilder Affiliates
Representation of homebuilder affiliates in the acquisition of raw land in West Palm Beach, Florida for the development of 245 luxury apartments. Structured a joint venture agreement between the client and its partner.
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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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