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Profile Visibility  | | #88 in weekly profile views out of 7,949 lawyers in Miami, Florida | | #7,942 in weekly profile views out of 970,057 total lawyers Overall |
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| Practice Areas | Commercial Finance; Commercial Real Estate Finance; Commercial Real Estate Development; Commercial Real Estate Acquisitions; Commercial Real Estate Sales; Condominium Conversions; Loan Syndication; Commercial Real Estate Workouts; Construction Finance; Mezzanine Finance; Easements; Land Acquisitions; Land Sales; Land Trusts; Real Estate Acquisitions; Real Estate Contracts; Real Estate Development; Real Estate Foreclosure; Real Estate Leasing; Real Estate Restructuring; Real Estate Sales; Real Estate Secured Lending; Real Estate Title; Real Estate Title Examination; Real Estate Title Insurance; Real Estate Workouts; Real Property Acquisitions; Real Property Development; Real Property Finance | | | University | Dickinson College, B.A., magna cum laude, 1980 | | | Law School | University of Miami, J.D., 1983 | | | Admitted | 1983, Florida | |
| Memberships | The Florida Bar (Real Estate and Probate Section); American Bar Association (Business Law, Real Estate and Probate Section; Affordable Housing and Community Development Law Section). | | | Born | Abington, Pennsylvania, 1958 | | | Biography | Author: "Real Estate Asset Valuation: Acquiring a Fractured Condominium Project," Counsel to Counsel magazine (March 2009). YMCA of South Dade (Executive Board of Directors). Greater Miami Chamber of Commerce. The Beacon Council. Volunteer coach for youth athletics. Winner, Daily Business Review Top Dealmakers Award 2009, Real Estate Finance Category. Finalist, Daily Business Review Top Dealmakers Award 2007, Office Category. Selected for inclusion in Florida Super Lawyers 2007-2009, also named on the 2007 Florida Super Lawyers' Top 100 List. Selected for inclusion in Florida Trend's Florida Legal Elite 2009. Listed in The Legal 500 (Real Estate Transactions and Finance). Listed in the Top 100 in South Florida by the South Florida Legal Guide (2009). | | | ISLN | 903440118 | | | Transactions | Represented lenders in over $150 million in note sales over the past 12 months; Represented lenders in over $500 million in loan workouts involving condominium, hotel condominium, multifamily lenders in over $500 million in loan workouts involving condominium, hotel condominium, multifamily, office, retail, and hospitality projects over the past 12 months; Represented note purchasers in acquisition of approximately $50 million in mortgage loans involving fractured condominium projects over the past 12 months; Representation of lenders in two cross-collateralized syndicated construction loans in the aggregate amount of $250 million for retail, office and hotel complex consisting of, a 750,000 square-feet, 46-floor commercial office building and a 42-story hotel in downtown Miami, Florida; Represented purchaser in $19,300,000 acquisition of two shopping centers containing approximately 175,000 rentable square feet located in the Miami Gardens, Florida; Represented seller in $48,000,000 sale of office park consisting of approximately 176,306 rentable square feet located in Miami-Dade County, Florida; Represented seller in $98,000,000 sale of approximately 7 acres of water front vacant land in the Miami, Florida; Represented seller in $34,200,000 sale of ownership interests in company holding title to apartment complex located in Jacksonville, Florida; Represented purchaser in $13,650,000 acquisition of two shopping centers containing approximately 32,000 rentable square feet located in the Pinecrest, Florida; Represented European fund in proposed $30,000,000 investment in company to renovate and construct luxury spa resort facility located in Miami Beach, Florida; Represented investor in proposed $130,000,000 purchase of luxury condominium project to be constructed in Miami, Beach and Miami, Florida; Acted as local counsel and performed land use and zoning due diligence for lender in $100,000,000 acquisition loan to finance the borrower's purchase of 92,000 acres in Charlotte and Lee County Florida; Represented co-lender in $84,750,000.00 Loan to finance the construction of a mixed-use residential and retail condominium project, and an associated parking garage located in Delray Beach, Florida. | |
Documents by this lawyer on Martindale.com | |
Best Practices: Real Estate Asset Valuation -- Acquiring a Fractured Condominium ProjectJay A. Steinman, June 5, 2009, previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine on March 2009 Situation: A bank is foreclosing or has already foreclosed a mortgage loan encumbering a fractured condominium project -- where some units were sold to third-party purchasers, but most remain unsold. Your company is evaluating whether to purchase the loan documents or acquire title from the bank of... |
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