Cole Schotz Represents Continuum Company in Connection with a $48.5 Million Acquisition for a Redevelopment in North Miami

Cole Schotz Represents Continuum Company in Connection with a $48.5 Million Acquisition for a Redevelopment in North Miami

Cole Schotz represented The Continuum Company, which Cole Schotz represented in connection with its approximately $48.5 million acquisition of the four-story condo building at 12000 North Bayshore Drive, North Miami, Florida. Continuum previously secured approval to build a 22-story, 267-unit condo building on the site. The transaction was complex as it involved the purchase of 46 condominium units simultaneously. The Cole Schotz team, which included Matthew Schneid, Drew Barone, and Alex Ortiz, also provided counsel regarding financing for the building and pre-development costs.