Teo Victoria

Teofilo Victoria
Primary Office
Experience

Real Estate Development, Financing and Construction

Some of Teo's select work and representations in real estate development and construction projects and financing to support them include:

  • Negotiation of construction documents for a design-build contractor of a 375-megawatt data center, with an estimated construction budget of $3.6 billion.
  • Negotiation of construction documents for a design-build contractor of a multi-phase data center campus, with a site utility load estimated to amount to 615 megawatts in the aggregate and a construction budget of $5.8 billion upon substantial completion.
  • The developer of Waldorf Astoria Hotel & Residences Miami, a $970 million mixed-use hotel, condominium and retail project known as the first “supertall” tower in Miami with a projected sellout of $1.2 billion. His work also included supervision of the negotiation of the project’s development/construction documents and regulatory approval of the condominium by governmental authorities.
  • The developer in the development and financing of The Elser, a mixed-use hotel and condominium project with a projected sellout of $662 million, including the $120 million construction loan and subsequent $235 million inventory loan refinancing.
  • The developer of E11even Hotel & Residences, a mixed-use hotel and condominium project with a projected sellout of $426 million. His work also included supervision of the negotiation of the project’s development/construction documents and regulatory approval of the condominium by governmental authorities.
  • The developer of a residential condominium in the Palm Beach area in obtaining approval from governmental authorities for the project. He also acted as borrower’s counsel for the developer in a subsequent $269 million construction loan by a private equity lender to the project and subsequent negotiations with project’s general contractor.
  • A private equity lender in its $95 million construction loan to a residential project, as well as in negotiations for the general contractor.

Real Estate Transactions and Leasing

Some of Teo's select representations in real estate transactions and leasing include:

  • A joint venture between various investor groups in a series of acquisitions of single-family residential properties totaling $27 million, as well as in the negotiation of a $23 million non-revolving credit facility with a private lending fund.
  • A hedge fund in the $16 million sale of a stabilized office property in Wilmington, Delaware.
  • Multiple asset managers in leasing matters, including the leasing of office, retail and industrial properties.