Friedlander Misler, PLLC Secures $150 million Class-A Property for a Client
July 2022 | Category: News
Friedlander Misler lawyers Rebecca Urland Monzi, Jennifer Jette and Li Ann Butterfield Watson successfully negotiated a property acquisition and financing on behalf of a client. The acquisition was for a $150,000,000 Class-A multifamily property in Howard County, Maryland. This transaction acted as the 1031 exchange for sale of three different properties in April 2022. It was also structured for the three exchangers to own and operate the property as tenants-in-common. Rebecca, Jennifer and Li Ann also negotiated $86.3 million in financing for the client through a private equity real estate firm. Rebecca Monzi, a Principal at Friedlander, concentrates her practice in real estate development, working with developers, investors and financial institutions. She supports clients in all aspects of the acquisition, development, sale and financing of commercial, industrial and mixed-use property, multi-family housing, affordable housing projects, retail centers, construction lending, mezzanine financing, bridge financing, syndicated loans, securitized financing, and like-kind exchanges. […]