Construction Financing for Large Development in Boston, Massachusetts
Major National Developer
Representation a major national developer in connection with a $225 million construction loan for a development in downtown Boston, Massachusetts involving a complicated ground lease parcel and community benefits requirements, and which is slated to include 446 apartments and 7,500 square feet of retail.
Related Practices
RELATED PEOPLE
Partner
Associate
MORE 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...
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...