Representation of Sabadell United Bank in $21 Million Construction Loan

Sabadell United Bank
Representation of Sabadell United Bank in $21 million construction loan secured by 6.05 acres located in St. Augustine Beach, Florida. The property will be improved with a 180-room beachfront hotel operating as an Embassy Suites.
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Manuel Gonzalez
Of Counsel
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Experience
Structured and negotiated acquisitions of Risk Retention Interests through a multi-billion dollar series of transactions subject to the U.S. Risk Retention Rule under Dodd-Frank, a new and complex securities rule developed to help reduce systemic financial risks. To finance certain of the acquisitio...
Experience
Representation of lender in the co-origination of a $265 million loan secured by eight hotels in six states, as well as in the continued representation of the lender in connection with the re-flagging of hotels and extensive hurricane damage.
Experience
Representation of national lender regarding construction loan for conversion of the Dilido Hotel on Miami Beach into a Ritz-Carlton.
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