Matters

Maxx Properties – Acquisition & Financing – Las Vegas, Nevada

Represented Maxx Properties in their acquisition, financing and 1031 exchange for Madison at Spring Valley, a 168-unit multifamily community in Las Vegas.

Muss Development – $29.5 Million Westchester County Acqusition

Represented Muss Development in its $29.5 million purchase of multi-family property in Westchester County, New York.

MLA Properties – Retail Lease – Sanford, North Carolina

Represented MLA Properties in a retail lease to Spectrum Communications at The Shops at Cameron Place in Sanford, NC.

Sky Harbour Group – Financing & Ground Leasing for Aviation Hangers – Texas

Represented Sky Harbour Group in connection with its ground lease of development parcels at Sugar Land Regional Airport in Sugar Land, Texas, for private aviation hangars as well as the construction financing for the hangars.

Bank Hapoalim – $165 Million Manhattan Acquisition & Construction Loan – Manhattan, NY

Represented Bank Hapoalim as senior co-lender in a $165 million acquisition and construction loan to Moinian Group for the construction of mixed-use residential and hotel property at 7 Platt Street in Manhattan.

First-Citizens Bank & Trust Company – $52.3 Million Construction Loan – Florida

Represented First-Citizens Bank & Trust Company in connection with a $52.3 million construction loan to a joint venture comprised of Wheelock Street Capital and Foundry Commercial for the construction of an industrial building located at 3800 S. Congress Avenue in Boynton Beach, FL.

Wythe Berry Fee Owner LLC – Debtor in Chapter 11

Represented debtor in Chapter 11 proceeding involving the William Vale Hotel, a luxury hotel in Brooklyn. Hotel sold for $177 million pursuant to plan of reorganization, resulting in a rare Chapter 11 case where all creditors were paid in full. 654 B.R. 524 (Bankr. S.D.N.Y. 2024) and 660 B.R. 534 (Bankr. S.D.N.Y. 2024).

Hotel Acquisition & Operation Agreements – Lenox, MA

Represented a group of private investors on the acquisition of the an inn in Lenox, MA and related operational agreements, including hotel management agreements.

Niagara Falls Hotel – Acquisition & Operation Agreements

Represented a foreign investor in the acquisition and financing and operational and managerial aspects of a brand name located in Niagara Falls, NY.

Prominent NYC Developer – Massachusetts Warehouse Acquisition

Represented a prominent New York City developer in connection with a $37 million purchase of an industrial property located at 94-104 Glenn Street, Lawrence, MA, which houses a warehouse facility.

ACRES Capital – $57.7 Million Loan – Delray Beach, FL

Represented ACRES Capital in connection with the assignment and assumption from an existing borrower/seller to a new borrower/purchaser and conversion of a construction loan into a mortgage loan in the amount of $57.7 million as a result of the sale of The Ray Hotel Delray Beach, Curio Collection by Hilton, a 141-room hotel, located in Delray Beach, FL.

Private Investment Fund $33.4 Million Construction Loan – Portland, CT

Represented private investment fund in a $33.4 million construction loan for a property in Portland, CT. The structure of local zoning approvals required the formation of a commercial condominium in order to separate the existing financed project and the additional collateral.

Joint Venture Sale of a Resort Hotel – Sedona, AZ

Represented a joint venture in the sale of a resort hotel in Sedona. The sale also included the land under thirty-three villa timeshares, land in different municipalities and the resolution of lot boundary issues with a neighboring land owner.

Israeli Debt Fund – $29 Million Portfolio Purchase

Represented an Israeli debt fund in the $29 million purchase of a portfolio of performing construction loans located in New York City.