Closed! Represented the Seller on the $650K sale of a commercial vacant lot in Wynwood. 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 best team, experience, and skills to provide you with the finest representation to lead all... Continue Reading →
$1.5 Million Sale of Vacant Lot in Miami, FL
Closed! Represented the *confidential* seller on the sale of a $1.5 million vacant lot in Miami, FL. 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 best team, experience, and skills to provide you with the finest representation to... Continue Reading →
$33 Million Sale of Multi-Family Apartment Complex in Tampa, FL
Closed! Represented the Seller on the almost $33 million sale of Grand Pavilion Apartments, a multi-family apartment complex in Tampa, FL. We represented the Seller on their original acquisition of the bulk condo units back in 2016 when they purchased for $12.5 million. After acquiring all of the condo units, terminating the condominium regime, converting... Continue Reading →
$5.3 Million Purchase of Industrial Property in Allapatah
Closed! Represented the purchaser on the $5.3 million purchase of an industrial property in Allapatah. The property is located at 1930 Northwest 23rd Street, Miami, FL and contains a 23,500 square foot industrial building leased to a produce company for a cold storage warehouse. Be sure to check out The Real Deal article covering... Continue Reading →
COVID-19 – Impact on Nonrecourse Loans and “Bad Boy” Carveouts
In this blog post, I cover how the COVID-19 pandemic may negatively influence your existing nonrecourse loans because of possible exposure under existing “bad boy” carveouts. Real estate professionals have always preferred structuring the debt on their properties with nonrecourse loans. A nonrecourse loan allows the lender upon default to only go after the underlying... Continue Reading →
$15.2 Million Closing of Waterfront Home in Miami Beach, FL
Closed! Represented the seller on the $15.2 million purchase of a single-family waterfront spec mansion in Miami Beach, FL. The seller initially bought the property in 2016 for $8.2 million. After demolishing the home and building this new home, the property sold for almost double the initial purchase price. Be sure to check out... Continue Reading →
$8 Million Closing in Fisher Island, FL
Closed! Represented the *confidential* Borrower on the modification of an $8 million mortgage on a luxury condominium unit in Fisher Island, FL. 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 best team, experience, and skills to provide you... Continue Reading →
$650K Condo Closing in Downtown Miami, FL
Closed! Represented the *confidential* sellers on the $650K sale of a condominium unit in Downtown Miami, FL. Another example of representing the client on the initial acquisition and then again on the sale. Reach out if you ever want to connect, have any questions, or have an upcoming real estate transaction or general corporate matter.... 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 →
Over $250 Million Dollars in Closings During COVID
TBT Closing! This week I am highlighting the great job done by the real estate team at my firm, Meland Budwick, P.A., during the past 6 months. We have closed over 50 transactions totaling approximately over $250 million dollars! The COVID-19 pandemic affected almost all industries, including real estate. With the help of a great... Continue Reading →