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Local Counsel for $150 Million Construction Loan

Global Private Equity Firm

Negotiation of $150 million construction loan secured by borrower’s leasehold interest in the North Tower at Flamingo Point in Miami Beach. Assisted lender client, a global private equity firm, in multiple aspects of loan consideration, including review and advise on loan documentation, construction/mechanic lien law issues, and land use and zoning due diligence.

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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 Miami...
Experience
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...
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