$40 Million Sale of Shopping Center for Connecticut-Based Hedge Fund

Hedge Fund

Representation of Connecticut-based hedge fund in the $40 million sale of a shopping center in Ocala, Florida. The shopping center, which had been purchased out of bankruptcy several years earlier, gained in value through improvements made and the associated increase in occupancy while an asset of the hedge fund.

Related Topics
Related Practices
RELATED PEOPLE
MORE EXPERIENCE
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
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...
VIEW MORE EXPERIENCE