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Purchase of All Membership Interests in Apartment Tower for $184.5 Million

Purchaser

Representation of purchaser of 100% of the membership interests of the owner of a newly constructed apartment tower for $184.5 million. The apartment tower is located in the air space above a mixed-use project in downtown Miami, Florida.

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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 Mi...

Experience

Lead counsel on the development of the MiamiCentral station, which included assisting the client in securing the award and contract to purchase public property to develop the station, development approval modifications, working with county and city staff on permitting related issues includin...

Experience
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...
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