Real Estate Developer – Family Limited Partnership
Represented a family office in establishing a family limited partnership.
Senior Care Development – 53-story Retirement Community Sale, Chicago
Represented David Reis and Senior Care Development in the structuring and sale of The Clare, a 53-story 338-unit Continuing Care Retirement Community (CCRC) located in Chicago.
$430 Million Joint Venture Acquisition – U.S. Bank Tower – Los Angeles, CA
Represented both Migdal Insurance Company Ltd. and Menora Mivtachim Insurance Ltd., two of the largest Israeli insurance companies, in the negotiation of a joint venture with Silverstein Properties to acquire the U.S. Bank Tower in downtown Los Angeles, California for a purchase price of $430 million. The deal involved tax structuring, negotiation of partnership agreements, as well as oversight of the acquisition and loan documents.
Legends Hospitality – Tax Advice
Assisted numerous sports franchises and leagues in connection with state tax law issues.
Hong Kong Asset Mgmt Co. – Foreign Investment in U.S. Real Estate
Represented a Hong Kong-based asset management company in an investment in a joint venture to develop commercial real estate in the United States.
Champions League – Formation of Basketball League for Ex-NBA Players
Represented Champions League, Inc., in the formation and organization of a new basketball league featuring former NBA players, including league structuring, antitrust, ownership, securities law and franchise law issues, and the sale of the initial franchises.
Sabet Development Affiliate – $21 Million Acquisition of West 25th Street Buildings
Represented an affiliate of Sabet Development in the $21.5 million acquisition of two buildings on West 25th street; the property will serve as the "replacement property" in a reverse 1031 transaction.
DDG – Acquisition and Joint Venture to Redevelop Chelsea Property
Represented DDG in the acquisition of a property on the westside of Manhattan along with a related financing from M&T Bank and formation of a joint venture to redevelop the property into an 11-story residential condominium.
Royalton Capital – Bushwick Property Acquisition and Development
Represented Royalton Capital on the acquisition of a three-acre industrial site in Bushwick, Brooklyn. The deal included the structuring of two joint ventures and financing from AllianceBernstein. Plans are to develop the property into a mixed-use office, retail and restaurant space.
Friedland Properties – Madison Avenue Operating Lease Acquisition
Represented Friedland Properties in the joint venture acquisition of the operating lease for a large Madison Avenue office building.
Money Center Bank – CLO Program Development
Represented a money center bank in developing a collateralized loan obligation program to recycle national real estate mortgage loans and warehouse loans, including advice on structuring, tax matters and bank regulatory matters.
HK Organization – Brooklyn Joint Venture Acquisition, Financing and Disposition
Represented an affiliate of HK Organization in the joint venture with a real estate fund to acquire, finance, refinance and subsequently sell the property known as The Chocolate Factory, a large, historic mixed-use building in Brooklyn with over 100 newly renovated residential units.
Small Bone Innovations – Acquisition by Stryker Corporation
Represented Small Bone Innovations in its acquisition by Stryker Corporation, one of the world's leading medical technology companies, in an all-cash transaction valued at up to $375 million.
Palcap Advisors – Inergex Acquisition
Represented Palcap Advisors in its acquisition of Inergex, LLC, an IT services company, through a stock purchase and subsequent merger.
- Page 2 of 2