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Closed a $18,095,000 Acquisition, Redevelopment and Financing of a 160 Unit Apartment Complex in Pooler, Georgia

Closed a $18,095,000 Acquisition, Redevelopment and Financing of a 160 Unit Apartment Complex in Pooler, Georgia

Matt Lamstein and Jessica Moore of the Firm’s Real Estate Practice Group, together with William Gartland and Max Sender of the Firm’s Corporate and Business Practice Group, closed the acquisition and financing of a 160 unit apartment complex in Pooler, Georgia. Mr. Lamstein and Ms. Moore represented the buyer in both its initial acquisition and financing as well as the tenancy-in-common structure arising as a result of like-kind exchanges. Mr. Gartland and Mr. Sender assisted with the corporate structuring of the transaction including the preparation of private placement memoranda, formation of the owner and management entities, drafting and negotiation of the operating agreements and tenancy-in-common agreement, and the preparation and completion of all required securities filings.