Multi-Family Development Construction Contract Dispute

Real Estate Owner-Developer

Representation of a real estate owner-developer in a contract dispute with a steel framed modular contractor/manufacturer related to the development of a new 12-story multi-family residential building in Providence, Rhode Island. The contractor alleged payments owed for design and early manufacturing work, and the owner alleged improper billing practices and sought reimbursement of overpayments. Through a process of pre-suit negotiation, both parties agreed to a mutually beneficial settlement.

Adrian K. Felix
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...
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...
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...