Joe Turco’s Post

Some more exciting news for M&C Property!

🚧✨ Ready to master the real estate game? In our latest Building Knowledge episode, we dove into "Navigating the Real Estate Development Lifecycle: Entitlements, Acquisitions, and Financing." Featuring powerhouse attorneys Lucia Chiocchio and Amy Natsoulis from Cuddy & Feder LLP, we tackled:  🏗️ How to ace property acquisitions & entitlements  📜 Navigating zoning and community hurdles  💸 Financing secrets to thrive—even with rising rates  🌟 Top trends shaping real estate development 🎧 Listen to the episode now: https://lnkd.in/eHfD_FJW 🏢 #RealEstate #Development #BRI

Greenberg Traurig advised New York-based Kushner Companies in a $190 million acquisition of the 276-unit Hamilton apartment tower in Miami’s Edgewater neighborhood. The seller was Denver-based Apartment Investment and Management Co. (AIMCO). To finance the deal, Kushner Companies obtained a $125 million mortgage from Apollo Global Management, and Macquarie Group provided preferred equity. The price equated to $688,406 per unit, one of the largest valuations for a South Florida apartment complex in 2024. GT assisted Kushner Companies with the acquisition, financing, preferred equity, and land use matters. The GT deal team was led by Real Estate Shareholders Kristen Lonergan (New York) and Dan McCawley (Fort Lauderdale) as well as Miami Land Use Shareholders Iris Escarraá and Brian Dombrowski. Also on the team were Real Estate Associates Matthew Cannon (New York), Daniel Naydenov (Fort Lauderdale), Nicole Porzenheim McCain (Fort Lauderdale), and Tianja Samuel, JD/MBA (New York). #GTNews #RealEstate #GTMiami #GTFortLauderdale #GTNewYork

Exciting news! Calder Capital is expanding into Florida with a new office in the Tampa Bay area, led by seasoned dealmaker Matt Uhl. Part of our 10-year plan is nationwide expansion physically,” commented Max Friar. “While we serve clients everywhere presently, it’s important to have boots on the ground for those critical face-to-face meetings and discussions. Additionally, Florida makes a lot of sense. Beyond the significant business and community ties to the Midwest, the population of Florida is expected to grow 30% by 2040 and already the state is one of the largest economies in the world.” Friar continued, “Quite frankly, we continue to find that manufacturing, construction, and services businesses in the $2-50M range are underserved; Main Street brokers are ill-equipped and ineffective, and larger investment banks are not interested.” Connect with Matt to learn more about our growth and how we can assist you with your M&A needs! Phone -  (305) 699-4423  Email - matt.uhl@caldergr.com  Read more about our expansion here: https://lnkd.in/g7KK2z4N #florida #businessowners #sellabusiness #buyabusiness #mergersandacquisitions #businessbrokers

Real estate transactions can be complex, but they don’t have to be overwhelming. At Hamlin | Cody, we provide strategic guidance for every stage, from acquisitions to resolving disputes, to protect your investments. Learn more about our real estate services: https://lnkd.in/ea4DARs #HamlinCody #RealEstateLaw #CaliforniaLaw #LegalGuidance

Stonepeak, a global investment firm managing $72bn in assets, acquired Boundary Street Capital, a specialist private credit manager. The acquisition enhances Stonepeak’s focus on digital infrastructure, enterprise infrastructure software, and technology services in the lower middle market. Jack Howell, Co-President of Stonepeak, said, “Boundary Street is a strong cultural fit for our firm, and their expertise will enable us to deliver even greater value to our partners and clients.” Legal counsel for the acquisition included Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Simpson Thacher & Bartlett LLP for Stonepeak, with Hogan Lovells advising Boundary Street Capital. Read more: https://lnkd.in/d56zh2qg #PEInsights #privateequity #acquisition #privatecredit

🌟 Meet the Team 🌟 With over 13 years in financial services and a proven background in business development, Colton Zirk is dedicated to helping entrepreneurs navigate the complexities of buying and selling businesses. As a Business Broker with Business Brokers of Arizona, he specializes in aligning clients with opportunities that meet their financial goals while honoring the legacy of their businesses. His Expertise Includes: - Mergers & Acquisitions (M&A): Structuring deals with precision to create win-win outcomes for buyers and sellers. - Contract Negotiation: Ensuring every transaction is handled with professionalism and integrity. - Business Valuation: Offering expert guidance on market dynamics and financial analysis to maximize value. - Comprehensive Transaction Support: From buyer pre-qualification to marketing and deal execution, he oversees every detail to ensure a smooth process. Before joining BBAZ, Colton refined his skills in business development as the Manager at Village Pet Care, where he led strategic expansion efforts across the U.S. and Canada. As a former co-owner of Jet Pet Resort PHX and a licensed financial advisor, he has firsthand knowledge of entrepreneurship, team leadership, and delivering exceptional client service. - - #MeetTheTeam #BBAZ #BusinessBrokersofArizona #azbusiness #arizonalife #businessbrokerage #financialwellness #financialmarkets #entrepreneurship #businesssales #scottsdale #phoenix

Gibson Dunn represented a joint venture between Trinity Investments, Partners Group, and funds managed by Oaktree Capital Management in its acquisition and financing of The Standard, London, an iconic luxury lifestyle hotel situated in the heart of London. Our team was led by London partners Sean Tierney, Paddy Hennessy, and Robert Carr and included of counsel Graham Haselgrove and associates Freya Church, Joanne Hughes, and Kevin HW Kim. London partner Benjamin Fryer and associate Cheryl Yip advised on tax.   Read more: https://lnkd.in/gmgZvCN3

🚀𝟰𝟴-𝗛𝗼𝘂𝗿 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗧𝘂𝗿𝗻𝗮𝗿𝗼𝘂𝗻𝗱!🚀   Capital Developments Group is thrilled to announce the successful completions on 𝟮 𝗱𝗶𝘀𝘁𝗿𝗲𝘀𝘀𝗲𝗱 𝗮𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻𝘀— exchanged just 𝟒𝟖 𝐡𝐨𝐮𝐫𝐬 after receiving full legal papers! 💼🏘️   ✅ Deal 1: Bushey, Hertfordshire Detached house with title defect and covenant issue. We took a bold view, released the deposit upfront to the vendor, and collaborated with HM Land Registry to resolve the defect.   ✅ Deal 2: Kensal Green, London A property with a council tenant in situ with rehousing issues. Despite the challenges, we saw the potential and moved quickly to secure the deal.   Both properties come with exciting 𝗿𝗲𝗳𝘂𝗿𝗯𝗶𝘀𝗵𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗲𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀, adding significant value to our growing portfolio. 💡🔑   Christmas is fast approaching but we are still actively searching for more acquisitions so please get in touch with any similar / value add opportunities.📩   #DistressedSales #PropertyDevelopment #PropertyInvestment #RealEstate #CapitalDevelopmentsGroup   Ben Anders

Cross-border teams at Paul, Weiss, Rifkind, Wharton & Garrison and Simpson Thacher & Bartlett are among the firms advising on the latest big private equity deal as Stonepeak snaps up an Italian infrastructure company from Carlyle. U.S.-founded buyout firm Stonepeak announced on Monday that it had agreed to acquire the 150-year-old Italian infrastructure company Forgital for a reported €1.5 billion. Both Simpson Thacher and Paul Weiss advised buyers Stonepeak. Simpson Thacher put forward a cross-border duo made up of New York corporate partner Eli Hunt and London M&A partner Paul Foote to head up the M&A advice on the deal. Paul Weiss also had a cross-border team providing legal advice on the financing side, led by a senior trio made up of European head of capital markets partner Matthew Merkle, and the two global co-chairs of finance and capital markets, Eric Wedel—who also heads up the firm's Los Angeles office—and Neel Sachdev, who also co-chairs the London office. All three joined from Kirkland & Ellis in 2023. Hogan Lovells were also part of the roster of law firms advising Stonepeak, with the central deal team led by partners Ed Fishman and Mehtap Cevher Conti from the U.S, and counsels Malcolm Parry and Faraz Naqvi from the U.K. Local Italian firm Leggence also provided advice on the deal. Full story from Habiba Cullen-Jafar: https://lnkd.in/eBJSHjR3