Jack Kessler, shareholder and co-office head of Buchanan's Ft. Lauderdale office, was named a finalist in the Construction Finance category of the Daily Business Review's Top Dealmakers special report. The awards focus on the work of South Florida attorneys, brokers and others who back some of the most notable transactions for companies in the region and beyond.
Jack was named to the list as a result of his representation of Turnberry Associates in securing a $213.5 million loan that the real estate development firm is using to fund a 315,000-square-foot expansion of Aventura Mall, the largest mall in Florida. Becky Lando was also mentioned in the article as Jack's co-lead counsel in the transaction.
"Anytime you have a property like this, the financing for the expansion has to be carefully integrated with the mall's existing loan," Kessler said. "That presented a lot of challenges from the lending and banking compliance perspective. That is what made this deal more unique."
The article also noted that Rebecca Lando, chairwoman of Buchanan's financial institutions practice based in Pittsburgh, was Jack's co-lead counsel.
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