$200 Million Condominium Hotel Development Joint Venture

Real Estate Investment Group
Representation of real estate investment group in the negotiation of a joint venture with a Miami-based real estate developer formed to construct and operate a $200+ million condominium hotel in Hollywood, Florida. Our multi-disciplinary team also represented the joint venture in connection with a $115 million construction loan given by a consortium of lenders and represented by multiple law firms, as well as land use and zoning work required to close the construction loan.
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Suzanne M. Amaducci-Adams

Suzanne M. Amaducci-Adams

Partner, Real Estate Practice Group Leader
Joshua Kaplan

Joshua Kaplan

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Carly Grimm

Carly Grimm

Associate
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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...

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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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