Partners Melissa Turra and Steven Lear were quoted in a Daily Business Review article detailing their work on a $120 million Miami Beach hotel acquisition. Ms. Turra and Mr. Lear, along with several other partners, represented a member of the three-way joint venture to purchase the hotel-condominium. The typically six-month-long transaction was condensed into five weeks to ensure the purchase was made in time for Super Bowl weekend.
"The transaction was very fast, about five weeks, which is very aggressive for a transaction of this complex and sophisticated nature with multiple parties," Lear said. "There was a big push to get this closed so that our client and its partners would own the hotel prior to Super Bowl weekend. We met that deadline."
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