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$75 Million Loan for Residential Developments in California

Global Homebuilder

Representation of a global homebuilder in securing a $75 million revolving loan for the construction of single-family and multifamily projects throughout Southern and Northern California. Representation included restructuring of EB-5 debt in place prior to entry into the revolving line of credit.

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Jay M. Sakalo

Jay M. Sakalo

Partner, Business Finance & Restructuring and Corporate Practice Group Leader
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Representation of a community developer in the formation of a qualified opportunity zone fund, including preparation of fund documents and tax planning counsel, for its investment in the development of a mini-city in Melbourne, Florida. The $500 million project includes residential rental apartments...
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