$25M
Business Law
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Case Details
J.C. Irving, 122 West John Carpenter Office Building, Dallas, Texas. This case involved the restructuring of a $25 million property. The highlights include: Saved Property from Going into Foreclosure, Created New Investment Vehicle with New Capital Partner, Allowed New Capital for Improvement of Property and to Retain Tenants, Created Optional Exit Event that Allowed Owners to Cash Out, Restructured Ownership to Allow TIC Owners to Stay in the Investment, Completed Roll Up for Investors that Elected to Stay in the Investment.