$50 Million Purchase of Membership Interests in Office Tower
Representation of a developer in the $50 million purchase of the membership interests of an entity owning an office tower. The tower is on Biscayne Bay in Coconut Grove, a neighborhood located near downtown Miami, Florida. A deal was also structured to buy out the sole tenant of the building.
Representation of Brightline, an affiliate of Florida East Coast Industries, Inc., in the procurement, land acquisition, and development of portions of the $2.4 billion high-speed passenger rail project connecting South and Central Florida. Passenger service will be created in central Florida and wi...
Structuring of multi-tiered senior and mezzanine loan credit facility in an aggregate loan amount in leases assumed of $1 billion, secured by a major office building complex in Manhattan.
Representation of special servicer in connection with release of the retail portion of a New York office building serving as collateral for a $1.2 billion loan. Representation included reviewing and negotiating condominium documents, splitting the collateral into retail and office units, reciprocal ...