Tides Equities, LLC (fka KSA Equities, LLC) / Alvista Terrace Acquisition

Represented Tides Equities, LLC in connection with the $72,500,000 joint venture acquisition of the Alvista Terrace Apartments, a 366-unit apartment community in Colton, California.  Equity was provided by Drake Real Estate Partners, which was represented by Katten Muchin Rosenman LLP.  Financing was provided by MF-1 Capital LLC, which was represented by Holland & Knight LLP.

Pembrook Capital Management / Preferred Equity – Golden Bee Properties

Represented Pembrook Capital Management in connection with a preferred equity investment in a joint venture with GZ Portfolio V, LLC.  The joint venture formed a limited liability company to acquire a portfolio of four apartment buildings located in Los Angeles, CA and Panorama City, CA. CIT provided the senior loan for the acquisition of each of the properties, with the loan totaling $4,480,000.  The borrower was represented by Friedman and Friedman.  CIT was represented by Posinelli.

Harbor Associates – Topaz/222 West 6th Street

Represented 222 West Sixth Street, LLC, an affiliate of Harbor Associates, LLC, in their acquisition of an office building located in San Pedro, California for a purchase price of $36,000,000, as well as in connection with a $33,670,000 loan from Pine River.

Las Vegas University Village, LLC / Arden JV

Represented GFO Echo, LLC, an affiliate of Gupta Family Office (formerly Redbridge Capital, LLC) in connection with a joint venture with Arden Qualified Opportunity Zone, L.P.  (an affiliate of the Arden Group) formed for the construction of a $66,000,000 student housing project near UNLV in Las Vegas, Nevada.  Arden was represented by its in-house counsel as well as Baker & McKenzie.

Brasa Capital Management / Miramar Business Park

Represented Brasa Investments LLC (an affiliate of Brasa Capital, LLC) in connection with a joint venture with LO Exchange Miramar LLC (an affiliate of Lincoln Property Company) for the purpose of acquiring the Exchange at Miramar, a business park comprised of nine buildings and almost 190,000 square feet in San Diego, California.  We also represented a subsidiary of the joint venture in connection with a $7,800,000 acquisition loan from Delaware Life Insurance Company of New York secured by the sub-leasehold interest in such property.  Acquisition counsel was Tullius Law Group.  Counsel for the JV partner was Powell Coleman & Arnold LLP.  Lender’s counsel was Seyfarth Shaw LLP.

Tides Equities, LLC / Sterling on 28th Acquisition

Represented Tides Equities, LLC in connection with the $24,000,000 joint venture acquisition of the Sterling on 28th Apartments, a 224-unit apartment complex in Phoenix, Arizona. Equity was provided by Asset Management Consultants, Inc., which was represented by Davies Lemmis Raphaely. Financing was provided MF-1 Capital LLC which was represented by Holland & Knight LLP.

Tides Equities, LLC / Deer Valley Acquisition

Represented Tides Equities, LLC in connection with the $56,700,000 joint venture acquisition of The Park at Deer Valley, a 436-unit apartment community located in Phoenix, Arizona.  Equity was provided by Beverly Pacific, LLC, which was represented by Eisner, PC.  Seller was represented by Kingsley Law Firm LLC.  Financing was provided Colony Capital Acquisitions, LLC which was represented by Polsinelli, PC.

Turnstone Capital Management Group / Portofino Landing

Represented CS 910 LP, an affiliate of Turnstone Acquisitions LP, in its acquisition of a multi-family property located in Houston, Texas known as Portofino Landing Apartments for a purchase price of $28,072,000.  We also assisted our client in the formation of their limited partnership with their joint venture partner and assisted in their acquisition of a loan from LegacyTexas Bank in the amount of $23,350,000.  The lender was represented by Jackson Walker LLP and the seller was represented by Tribble Ross LLP. Local Texas counsel was provided by Barnes & Thornburg LLP.

Vista Investment Group / Green Leaf River Pointe

Represented 3708 NE Owner LLC, an affiliate of Vista Investment Group, LLC, in its acquisition of a 387-unit multi-family residential project known as Green Leaf River Pointe Apartments located in Vancouver, Washington for a total purchase price of $68,800,000.  Our client acquired the property as a joint venture with Goldman Sachs & Co. LLC, who was represented by Fried, Frank, Harris, Shriver & Jacobson LLP.  To acquire the property our client obtained a loan in the amount of $53,435,000 from Canadian Imperial Bank of Commerce.  The lender was represented by Morrison & Foerster LLP and the seller was represented by Starr Finley LLP.

NextGen Apartments LLC / Hazeltine

Represented 5008 Hazeltine Associates LLC and 5060 Hazeltine Associates LLC, affiliates of NextGen Apartments LLC, in their acquisition of two multi-family residential properties located in the Sherman Oaks area of Los Angeles for a total purchase price of $10,925,000.  Our client acquired the properties as a joint venture with Hanover Financial LLC, who was represented by Abram Roy  LLP.  Additionally, we assisted the buyers in obtaining a loan to acquire the properties in the amount of $9,205,000 from Aetna Life Insurance Company, who was represented by Carlton Fields LLP.

  • “Closing real estate deals takes an enormous amount of focus on the operators' part. We rely heavily on the expertise of the Sklar Kirsh team and are confident that our best interests are being met 100% of the time.”
    — Eddie Ring, New Standard Equities, Inc.

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