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Refinancing of Kissimmee Hotel

Cambridge Landmark

Representation of Cambridge Landmark in the refinancing of a leasehold loan for the Grand Orlando Resort at Celebration through the Federal Reserve's Mainstreet Lending Program, a program that was funded by the CARES Act and rolled out to address the COVID-19 pandemic in an effort to assist businesses. The hotel is situated on 20 lushly landscaped acres in close proximity to Orlando theme parks.

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Representation of B piece and special servicer clients, handling in excess of $130 billion in 2.0 CMBS securitizations.

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Representation of Multiplan Real Estate Asset Management, a real estate development firm, in a $58.5 million construction loan for 57 Ocean, a luxury, mid-rise, 71-unit oceanfront condominium in Miami Beach, Florida. The financing was obtained amid the social-distancing mandate and widespread shutdo...
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