Closed! Represented the Borrower on a $18 million refinance of a 56,000 square foot commercial office property in Downtown Miami, FL. The property is leased to Miami-Dade County Courthouse East. The lender on the deal was Banesco USA. Be sure to check out the article covering the closing! Reach out if you ever want to... Continue Reading →
#TBT Closing! $35 Million Acquisition of Canadian 7-Eleven Portfolio
#TBT Closing! This week I am looking back at a deal in 2017 representing an international buyer group in their acquisition of a triple-net portfolio of 7-Eleven properties in Canada for a purchase price of over $35 million. This deal showed the capabilities of the firm to handle out-of-state (and this case out of country)... Continue Reading →
COVID -19 – Is PACE Financing an Option?
Last week’s blog post covered whether your existing loan possibly allows for additional financing (see blog post). Consistent with that theme, in this blog post I cover a related as just as popular question I have been getting recently – is CPACE financing an option? Property Assessed Clean Energy (“CPACE”) financing is a unique type... Continue Reading →
$950K Closing in Miami Beach, FL
Closed! Represented the *confidential* seller on the $950K dollar sale of a single-family home in Miami Beach, FL. This deal went from contract signing to closing in 1 month, even during these difficult times. All sides of the transaction made it possible! Reach out if you ever want to connect, have any questions, or have... Continue Reading →
COVID-19 – Does My Loan Allow for Additional Financing?
As I continue to cover the experiences I have encountered in the real estate world relating to COVID-19 and how I have counseled my clients to handle same, the next few blog posts will focus on the lending market and finance related issues. In this blog post, I cover a question that has been asked... Continue Reading →
$14 Million Dollar Spec Home Closing in Miami, FL
Closed! Represented the sellers on the over $14 million dollar sale of a single-family spec home in Miami, FL in Sunset Island IV. The sellers purchased the property for $7 million and then developed the spec home. The main house is a four-bedroom, four-and-a-half bath home and has a guest house with three bedrooms and... Continue Reading →
#TBT Closing! $20.5 Million Dollar Commercial Closing
#TBT Closing! This week, I am highlighting the $20.5 million dollar closing we had in October of 2019. We represented the purchaser on their acquisition of a retail center in Orlando, Florida known as Tourist Plaza. The retail center is approximately 50,712 square feet and located on the famous International Drive. To read more about... Continue Reading →
COVID-19 Extension Addendum to Contract
Parties in Florida currently under contract using a FAR BAR form (from the Florida Association of Realtors) have been provided the opportunity to use a Coronavirus (COVID-19) specific Extension Addendum provided by the FAR. In this blog post, I summarize and explain the COVID-19 Extension Addendum to Contract (the “Addendum”) and provide guidance on best... Continue Reading →
Two Closings at One Park Grove Condominium
Closed! 2 luxury condominium closings in the same building, One Park Grove Condominium. Represented the *confidential* buyers on each, both with a purchase price between $2-3 million dollars. This is a beautiful condo development that we have had deals close now from pre-construction contracts to more recent transactions. Hoping to keep doing more! Reach out... Continue Reading →
New FinCEN Advisory – Cybercrime Exploiting the COVID-19 Pandemic
On July 30, 2020, the Financial Crimes Enforcement Network (FinCEN) issued its latest advisory on Cybercrime and Cyber-Enabled Crime Exploiting the Coronavirus Disease 2019 (COVID-19) Pandemic (see link to the advisory). In this blog post, I highlight the importance of the advisory and the need for the applicable parties (financial institutions, title companies, closing agents,... Continue Reading →