Even if you are a sophisticated and seasoned commercial property owner, each transaction and each property is different and commercial experience alone does not replace the need to thoroughly perform due diligence on each property being purchased. Tyra Read outlines the questions that should be answered by your due diligence. […]
Hugo Alvarez Serves as the Bridge Between Developer and Bank for $51 Million Construction Loan
Miami-based apartment developer Estate Investments recently obtained a $51.35 million construction loan to proceed with Soleste Alameda, a two-building, 306-unit residential development. Of the $51.35 million, $46.7 million will be financed by Arkansas-based Centennial Bank. Becker shareholders Hugo Alvarez, Michael Boutzoukas, and David Blattner represented Centennial in the deal. Hugo,...
Richard Branson’s Virgin Group is now a minority owner of Brightline. If you thought the new regional train service was already heating up South Florida’s business environment, just wait. Branson’s demonstrated track record means Brightline’s business model just went into hyperdrive for business owners, investors, and developers. Hyperdrive is Branson’s […]
As a real estate lawyer, a significant part of my practice involves preparing and negotiating commercial and residential lease agreements. At times, however, potential clients may decide to find a sample lease agreement online, or have their realtor prepare the lease, to avoid attorney fees. Proceed With Caution Because most […]