Arnstein & Lehr, Crush Law Steer PMG's $154M Goldman Loan

Law360, Los Angeles (July 14, 2017, 2:55 PM EDT) -- Arnstein & Lehr LLP and Crush Law PA represented developer Property Markets Group in connection with its $153.9 million loan from Goldman Sachs & Co.'s merchant banking division for a Florida mixed-use project, according to an announcement on Friday.

The loan is for the developer's Fort Lauderdale Riverfront project, slated to be completed in 2020. The project comprises a pair of apartment towers that will have a combined 1,200 units, and the development will also have retail, entertainment and restaurant space.

Phase one of the project includes a 36-floor tower with roughly 600 units, some of which are micro units while...

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