Joint Venture for $100 Million Mixed-Use Development

Major U.S. Developer

Representation of a major U.S. developer in the negotiation of the operative joint venture agreement for development of a $100 million luxury 13-story multifamily mixed-use rental community in Atlanta, Georgia including approximately 320 units, 14,000 rentable square feet of retail floor space, and 500 parking spaces.

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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...
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 the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...
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