$66 Million Construction Loan and Joint Venture for Student Housing

Major U.S. Developer

Representation of a major U.S. developer in connection with a $66 million construction loan for a 260-plus unit student housing project in Tempe, Arizona, as well as the negotiation of a joint venture agreement with a Chicago-based investment management firm to capitalize the acquisition, and negotiation of the development agreement associated with the property.

RELATED PEOPLE
Suzanne M. Amaducci
Chair of Real Estate & Finance
Hannah Lidicker
Associate
MORE EXPERIENCE
Experience
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Experience
Analyzed cleanup strategies in order to resolve soil and contamination issues on homebuilder client’s property in Broward County, Florida. Negotiation with the Broward County Environmental Protection Division to obtain a restrictive covenant to allow for residential development on the property.
Experience
Representation of real estate investment company in connection with the environmental investigation and remediation plan for a five acre residential community and golf course. Successfully determined scope of assessment and provided recommendations for final remediation plan while representing clien...
VIEW MORE EXPERIENCE