$1 Billion Development of Residences by Armani/Casa Luxury Condominium

Full Service Real Estate Company

Representation of full service real estate company in the negotiation of a joint venture with a Miami-based real estate developer and a real estate private equity firm formed to construct and operate the $1 billion Residences by Armani Casa project, a 60-story high-end residential condominium in Sunny Isles Beach, Florida. The interiors and finishes of the 300+ unit tower are conceived by Armani/Casa Interior Design Studio, the first of its kind created by Armani in the United States.

Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
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 Miami...
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...