Norman Jacobson Realty Resources, Inc. / The Velo

Represented The Jacobson Company (“Jacobson”) in connection with the $46,800,000 acquisition of The Velo Apartments – a 240 unit apartment complex located in Denver, Colorado.  To finance the acquisition, Jacobson assumed two existing Freddie Mac Loans and obtained an additional supplemental loan from Berkadia Commercial Mortgage, LLC.  Lender was represented by Troutman Sanders LLP.

Abady Holdings / 1120, 1122, 1124 Larrabee Place

Represented Larrabee Place, LLC, an affiliate of Abady Holdings, in its sale of two adjacent mixed-use retail properties in West Hollywood, California for a purchase price of $5,475,000.  Buyer was represented by Baker Hostetler LLP.

Norman Jacobson Realty Resources, Inc. / Jefferson Place

Represented Jefferson Place Investors, an affiliate of Norman Jacobson Realty Resources, Inc., in its sale of apartment complex in Carmichael, California known as the Jefferson Place Apartments for a purchase price of $8,250,000.  Buyer was represented by Snell & Wilmer L.L.P.

Bellaire Real Estate / Sale of Wilshire Manor

Represented Wilshire Manor DST, an affiliate of Bellaire Real Estate, in its sale of an apartment complex located in Euless, Texas known as the Wilshire Manor Apartments for a purchase price of $8,400,000.  The disposition included the defeasance of the Seller’s existing loan in the approximately amount of $2,650,000.  The lender was represented by Polsinelli PC, and the Buyer was represented by Konigsberg Law, P.C.

Norman Jacobson Realty Resources, Inc. / The Modern – 6301 West Hampden Avenue

Represented The Jacobson Company (“Jacobson”) in connection with the $41,250,000 acquisition of The Modern Apartments – a 230 unit apartment complex located in Denver, Colorado.  To finance the acquisition, Jacobson assumed two existing Freddie Mac Loans and obtained an additional supplemental loan from Berkadia Commercial Mortgage, LLC.  Lender was represented by Troutman Sanders LLP. 

Gelt Ventures, LLC / 919 Mission

Represented Gelt Ventures (“Gelt”) in connection with the $16,500,000 acquisition of 919 Mission Street – a 665 unit self-storage facility located in South Pasadena, California.  Gelt entered into a loan to fund the acquisition provided by Voya Investment Management LLC (“Voya”).  Voya was represented by Reed Smith.

Lowe Enterprises Investment Management, LLC / Sale of 2581 Junction

Represented LEI-VIG Junction Associates LLC, an affiliate of Lowe Enterprises Investment Management, LLC, in its sale of a 92,000 square foot commercial office building located in San Jose, California for a total purchase price of $32,000,000.  The sale included the transfer of a $1,600,000 letter of credit with DNB Bank ASA from Seller to Thin Film ASA, the parent company of the existing tenant at the property.  Tenant was represented by Lubin Olson & Niewaiadowski LLP and Buyer was represented by the Law Offices of Juliana Stamato.

Tides Equities, LLC (fka KSA Equities, LLC) / The Davenport

Represented Tides Equities, LLC in connection with the $55,500,000 joint venture acquisition of the Davenport Apartments, a 442-unit apartment complex in Tempe, AZ.  Equity was provided by Capitol Solutions, Inc. which was represented by Royer Cooper Cohen Bruanfeld LLC.  Financing was provided RCC Real Estate, Inc., which was represented by Katten Muchin Rosenman LLP’s Charlotte, NC office. 

Norman Jacobson Realty Resources, Inc. / Med Village

Represented the Jacobson Family Trust and Med Village Investors LP in their sale of the Mediterranean Village Apartments located in Fairfield, California for a purchase price of $21,425,000.  The buyer was represented by Morgan, Lewis & Bockius LLP out of Boston, MA.

Bellaire Real Estate / Pecan Tree Apartments – 3001 Kendale

Represented Bellaire Pecan Tree, LLC, an affiliate of Bellaire Real Estate, in its acquisition of an apartment complex located in Dallas, Texas commonly known as the Pecan Tree Apartments for a purchase price of $9,050,000.  The acquisition was funded in part by a $7,500,000 bridge loan from Greystone, who was represented by Ballard Spahr.  Seller was represented by Libby Sparks in Dallas, Texas. 

  • "I have had the pleasure of working with and relying on the lawyers from Sklar Kirsh for many transactions. Sklar Kirsh has an aptitude for understanding the big picture of their clients' objectives, which helps them bring additional value in assisting their clients to make better business decisions. Their attention to detail, thoughtfulness, and integrity make them a pleasure to work with."
    — Noah Hochman, Senior Managing Director, TruAmerica Multifamily

This testimonial does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.