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Building Boom in Miami’s Brickell Bucks National Bust BY MIKE SEEMUTH Edgardo Defortuna has millions of reasons to believe in Brickell, a bustling urban area just south of Downtown Miami. His company acquired 81 Brickell-area condominiums in a bulk purchase from Swire Properties in May, and by late...
A Pool and Gym Won't Cut It: Developers Are Upping Their Game on Amenities to Stay Competitive in South Florida “We’ve never seen this influx of need for alcohol licensing," one hospitality attorney said.
TAX TREATY PRIMER—AN OVERVIEW OF TAX TREATIES AND TAX TREATY PLANNING TECHNIQUES David Shapiro, Chair of the Firm's Tax Practice, will be speaking at the NYU School of Professional Studies on Monday, July 11, 2022. His topic will be "Tax Treaty Primer - An Overview of Tax Treaties and Tax Treaty...
Forest Development, Royal Palm Companies Close $269M Build Loan for Mixed-Use in Lake Park By: Lisa McDuffie Boca Raton, FL-based Forest Development has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a mixed-use development comprised of 330 condominium residences...
Forest Development and RPC Land $270M For Luxury Condo Near West Palm BY JULIA ECHIKSON Forest Development and Dan Kodsi’s Royal Palm Companies scored one of South Florida’s largest construction loans this year, $269 million, for a luxury condo project north of West Palm Beach, Fla. The waterfront...
Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220 Luis Flores, Anthony Kang, and Rick Carroll of Saul Ewing LLP represented Forest Development in closing this transaction. “This transaction underlines the strength of Peter’s...
$269 Million Construction Loan for South Florida Mixed-Use Project Is Among Largest of Its Kind “This transaction underlines the strength of Peter [Baytarian]’s vision and the importance of the Nautilus 220 project to the area,” said Anthony Kang, a partner with Saul Ewing.
“Penny wise but pound foolish” first appeared in writing over 500 years ago. This idiom captures the wisdom of human experience in just five words: shortcuts that appear to save money are more expensive in the long run. Sometimes much more. Further proof of this eternal truth - and one taxpayer’s...
On April 1, a team led by Saul Ewing's Barry Katz, Katie Gilligan and Roy Bernstein represented the purchaser in the acquisition of Cityfront Place, a 480-unit apartment building with several commercial tenants located at 400 N. McClurg Court, just off the Magnificent Mile in Chicago’s downtown...
PMG and Greybrook Realty Partners are pleased to announce that they have secured a $161.5 million loan for the 49-story 400 Biscayne project in downtown Miami. The loan will offer financing for the development of the project, which broke ground in June. Financing was provided by Centennial Bank and...
Don Lussier represents clients in complex matters involving a wide range of commercial assets across the United States, including real estate, corporate and commercial lending transactions. Clients appreciate his ability to efficiently identify the issues that really matter, and to find creative and...
Zev Shechtman represents clients in complex business bankruptcy, restructuring and insolvency matters in and out of court. His experience includes representing debtors in regular chapter 11 and subchapter V bankruptcy reorganization cases, assisting debtors in settlement negotiations and counseling...
George Magnatta is chair of the firm's Public Finance Practice. His practice focuses on serving as bond counsel, underwriter's counsel, borrower's counsel, and tax counsel for states, cities, economic development authorities, housing authorities, and non-profit entities in the implementation and...
Adam H. Isenberg is a partner in Saul Ewing's Bankruptcy and Restructuring Practice. He concentrates his practice in commercial bankruptcy matters and out-of-court workouts and has represented debtors-in-possession, creditors' committees, trustees, secured creditors and other parties in cases...
Jeffrey Hampton is chair of the Bankruptcy and Restructuring Practice. He concentrates his practice on restructuring matters, including Chapter 11 bankruptcy proceedings, out-of-court workouts, loan restructurings, corporate reorganizations and general insolvency law. He also represents the...
As a partner in Saul Ewing's Real Estate Practice, William Gee has worked on a wide variety of commercial real estate development and finance matters, representing national and local developers and lenders. He has extensive experience as lead counsel on multi-state acquisitions, sales, and financing...
Richard Forsten has more than 25 years of experience in land use and land use litigation, commercial and real estate transactions and litigation, financings, construction and mechanics' lien law, environmental law and permitting. His appearances in Delaware courts range from making en banc arguments...