$68 Million Mixed-Use Development in Maitland, FL

Representation of a major Florida-based real estate developer in the negotiation of a joint venture for the development of the Maitland City Center located in Maitland, Florida, as well as the financing of a $44.1 million construction loan for the development. The $68 million mixed-use development includes a three-acre full city block with approximately 35,000 square feet of commercial space, 220 one- and two-bedroom rental apartments, and 24 live/work units, which are one-bedroom units with an office suite. 

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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...
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