Martha Rabbitt Represents Bank in Syndicated Construction Loan Closing

Firm News

Miami partner Martha Rabbitt, a member of the firm’s Real Estate practice group, represented BankUnited in the closing and syndication of a $45.5 million construction loan to Van Jackson, LLC, which is a part of the Fort Lauderdale-based Affiliated Development.

The loan will be used for the construction of The Tropic apartments in Hollywood, FL., which will include workforce housing units and retail space.

For more information regarding the deal, please click here (subscription required).

About Martha Rabbitt

Martha Rabbitt is a partner in the Miami and Fort Lauderdale offices of Shutts & Bowen LLP, where she is a member of the Real Estate Practice Group. Martha regularly represents owners, developers and lenders in the acquisition, development, finance, leasing and disposition of corporate assets and commercial real estate and has extensive experience in securitized lending, syndications, workouts, restructures, and foreclosures.

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Shutts & Bowen, established in 1910, is a full-service business law firm with approximately 270 lawyers located in eight offices across Florida.

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