#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 →
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 →
#TBT Closing! $7.65 Million Dollar Commercial Closing
TBT Closing! This week, I am highlighting the $7.65 million dollar closing we had in April of 2018. We represented Arena Capital, a local South FL developer, on their sale of 990 and 970 West 49th Street in Hialeah, FL. The property contains two adjacent commercial buildings that combined are an approximate 9,700 square feet.... Continue Reading →
$6 Million Dollar Refinance in Miami Beach, FL
Closed! Represented the *confidential* Borrower on a $6 million dollar refinance of a waterfront single-family home in Miami Beach, FL. The client was able to refinance and take advantage of the historic low mortgage interest rates. Reach out if you ever want to connect, have any questions, or have an upcoming real estate transaction or... Continue Reading →
COVID-19 – Commercial Purchase and Sale Agreements
Following up on the introductory COVID-19 blog post from last week on rent deferrals for commercial leases (see link to article), I will continue to cover experiences I have encountered in the real estate world relating to COVID-19 and how I have counseled my clients to handle same. In this blog post, I cover how... Continue Reading →
$3.5 Million Dollar Closing in Palm Beach, FL
Closed! Represented the *confidential* Buyer on the over $3.5 million dollar acquisition of a single-family home in Palm Beach, FL. One of my favorite features of this property is that it has direct access to a lake trail and beach. Reach out if you ever want to connect, have any questions, or have an upcoming... Continue Reading →
#TBT Closing – $33 Million Dollar Construction Loan
#TBT Closing! This week I am looking back at a deal representing a private lender based here in South Florida on an approximate $33 million dollar construction loan facility for an apartment complex and over 140-unit townhome development in Miami, FL. Besides the land and project for construction, the deal was also collateralized by an... Continue Reading →
Rent Deferrals for Commercial Leases during COVID-19
The coronavirus (COVID-19) pandemic has impacted all industries, including real estate. This is the first blog post in a series of blog posts describing some experiences I have encountered in the real estate world relating to COVID-19 and how I have counseled my clients to handle same. Because of businesses being closed, shutting down, or... Continue Reading →
$4 Million Dollar Closing on Vacant Water-Front Property in Miami, FL
Closed! Represented the *confidential* Buyer on the over $4 million dollar acquisition of vacant water-front property in Miami, FL. Looking forward to seeing the beautiful single-family residence the client builds! Reach out if you ever want to connect, have any questions, or have an upcoming real estate transaction or general corporate matter. We have the... Continue Reading →