Greenspoon Marder Attorneys Manny Crespo and Frank Whitaker Successfully Represent Mexican Construction and Materials Conglomerate Client in Key Expansion Acquisition

Nov 8, 2023

Miami – November 8, 2023 – Greenspoon Marder Real Estate partner Manny L. Crespo and associate Frank Whitaker counseled their client, a major Mexican construction and materials conglomerate, regarding the acquisition and financing of a commercial property in Central Florida being purchased by the client with the intention of expanding its capacity for construction material fabrication and order fulfillment. The real estate property consists of adjacent vacant land parcels, respectively zoned for light and heavy industrial use with one portion consisting of a rentable, multi-unit warehouse/office facility. The acquired property is adjacent to land previously purchased by the client, making this transaction a key expansion for the client to grow its manufacturing facilities and output.

The legal team, led by Mr. Crespo and Mr. Whitaker, marshaled the client through its due diligence process and guided it in the eleventh hour on a private financing component, as it became apparent institutional financing would not be finalized within an acceptable time frame due to a hard and immovable closing date. As the parent companies for both the buyer and lender are domiciled in Mexico, Mr. Crespo drew on his extensive experience dealing with Latin American companies in cross-border real estate transactional work and, together with Mr. Whitaker’s invaluable assistance in taking the lead on drafting all the required loan and corporate security documentation, closed the deal in a timely manner.

Mr. Crespo concentrates his practice on real estate and commercial transactions, including title insurance, condominium development, and the conversion from existing rental unit buildings to condominium ownership. He has litigated real property disputes, contract and title disputes, construction, landlord-tenant, foreclosures, and other real estate matters. His institutional clients have included national banks and real estate developers.

Mr. Whitaker concentrates his practice on counseling buyers and sellers in a broad range of real estate transactions, including the development, purchase, sale, and leasing of commercial, office, and residential real estate. He regularly represents institutional and hard money lenders in all manners of commercial real estate financing and provides counsel on land use matters, real estate litigation, and corporate matters.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 225 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

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Greenspoon Marder Attorneys Manny Crespo and Frank Whitaker Successfully Represent Mexican Construction and Materials Conglomerate Client in Key Expansion Acquisition

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