MIAMI, FL – Bilzin Sumberg Baena Price & Axelrod announced today that Corporate Chair Alan D. Axelrod, Real Estate Partner Martin A. Schwartz and Corporate Associate R. Stephen Sandiford were finalists for the Daily Business Review's Top Dealmaker of the Year award for their outstanding work in 2014. The award is presented to attorneys, financial professionals and real estate brokers who made the biggest, most significant and complex deals in South Florida during the previous year.
The team are finalists in the Retail industry category for their representation of Miami Design District Associates, a partnership between visionary developer Craig Robins and L Real Estate, a private equity fund focused on luxury retail real estate investment, in the sale of a minority equity interest in Miami Design District Associates to a joint venture between General Growth Properties and Ashkenazy Acquisition Corp. General Growth Properties, a Chicago-based publicly traded real-estate investment trust that owns, manages, leases and develops high-end retail properties throughout the United States, and New York-based Ashkenazy Acquisition Corp., a New York real estate investment firm which specializes in iconic retail properties around the country, formed a partnership specifically to acquire the interest in the Miami Design District, an eighteen square city block retail and entertainment development. General Growth and Ashkenazy purchased a 20% stake in Miami Design District Associates for $280 million.
The winners will be announced during a luncheon on May 8, 2015.
About Bilzin Sumberg
Bilzin Sumberg Baena Price & Axelrod LLP is a commercial law firm based in Florida. The firm’s core practices include Business Finance & Restructuring, Corporate, Environmental, International, Land Development & Government Relations, Litigation, Real Estate and Tax. For more information, please visit bilzin.com.