$75 Million Loan for Residential Developments in California
Global Homebuilder
Representation of a global homebuilder in securing a $75 million revolving loan for the construction of single-family and multifamily projects throughout Southern and Northern California. Representation included restructuring of EB-5 debt in place prior to entry into the revolving line of credit.
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Partner, Head of Commercial Finance
Partner
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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...
Analyzed cleanup strategies in order to resolve soil and contamination issues on homebuilder client’s property in Broward County, Florida. Negotiation with the Broward County Environmental Protection Division to obtain a restrictive covenant to allow for residential development on the property.
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