Representative Experience

• Represented Majestic Realty Co. and its affiliates in the financing of several projects. These include The Majestic Spectrum, a 625-acre master planned, mixed-use community in Chino containing a power retail center and state-of-the-art light manufacturing and distribution facilities. Also counseled on Citrus Plaza, a 125-acre, master-planned shopping center in San Bernardino with over 1.85 million-square-feet at build out, and on Grand Crossing, a 400-acre, master-planned industrial center in the City of Industry. 
• Advised the owner of a 450,000-square-foot office complex in California in the refinancing of a $30 million loan and the subsequent sale of the property for approximately $70 million.
• Represented a borrower in a $25 million construction financing for a retail project in Northern California utilizing the New Market Tax Credit program.
• Advised a buyer in the syndication, acquisition and financing of two residential projects totaling 442 units. Transaction involved one tier of senior conduit debt and two tiers of private equity debt, allowing the client to leverage approximately 90 percent of the acquisition price.
• Represented Sandstone Properties, Inc. in a financing acquisition with Wachovia Bank of Technicolor property in Camarillo, California for a loan exceeding $75 million.
• Represented the developer of unentitled land in Coachella Valley, California in obtaining a more than $40 million loan.  The transaction was secured by undivided interest in land to be improved with residential and recreational facilities.

For more information, please contact Steven J. Lurie.