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$105 Million Inventory Loan for Residential Tower

Real Estate Developer

Representation of real estate developer in obtaining a $105 million inventory loan for a Miami residential condominium tower. The loan refinanced multiple original construction loans on the building.

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Experience
Representation of developer of 45-story luxury oceanfront condominium in City of Sunny Isles Beach, Florida, against the neighboring Town of Golden Beach's appeal objecting to the development approval by the City of Sunny Isles Beach.
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
Counsel to debtor in possession in the chapter 11 case of Cabi SMA Tower I LLLP, the developer of a proposed $60 million mixed-use facility on a 2.73-acre entire city block in the Brickell area of Downtown Miami. The case was an extremely contentious chapter 11 which resulted in the confirmation of ...
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