$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.
RELATED PEOPLE
Suzanne M. Amaducci-Adams
Partner, Head of Real Estate
Salomé Bascuñan
Associate
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Experience
Negotiation of economic development incentive programs for major corporate clients, as well as representation of developers and contractors in complying with the government procurement procedures of the United States Department of Defense, Postal Service, General Services Administration, and various...
Experience
Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing in S...
Experience
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...
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