$77 Million Loan on Las Vegas Shopping Center

CMBS Special Servicer
Representation of CMBS special servicer in enforcing rights and remedies in connection with a $77 million loan secured by a Las Vegas shopping center which has experienced an increased vacancy rate and plummeting shopping center value due to shifting consumer purchasing patterns.
RELATED PEOPLE
MORE EXPERIENCE
Experience
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Experience
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...
Experience
Representation of an energy companyin its $9.45 billion all-cash acquisition of another energycompany, resulting in the creation of the largest utility holding company in the United States.
VIEW MORE EXPERIENCE