The AmLaw Daily | March 11, 2014, 6:10 PM
PALO ALTO — Founders Fund, the San Francisco-based venture capital firm that has invested in Airbnb Inc., SpaceX Corp. and Hampton Creek Foods Inc., closed a billion-dollar fund last week, tapping Cooley for counsel on the fund formation. The firm, which invests in companies of all stages across …
The competing clothiers put an end to a months-long standoff on Tuesday with Jos. A. Bank agreeing to be bought by Men's Wearhouse in a cash deal worth $1.8 billion. Willkie reprises its lead role for Men's Wearhouse, while Skadden and St. Louis-based business law boutique Guilfoil Petzall & Shoemake continue to represent Jos. A. Bank.
A homeowner association is suing Delray Beach over two roads missing for a new plan for Atlantic Crossing, a $200 million downtown development.
Howard Taft and Charles Penan worked a two-part transaction including $19.57 million in joint-venture equity and a $30 million nonrecourse construction loan and mortgage to develop the Shoppes at Civica in Miami.
Deme Mekras represented the seller in the helped arrange the $6.05 million sale of a 73-unit apartment complex in Hialeah.
The property was transferred in an exchange for the acquiring company's equity stake in the seller. The deal was calculated based on the value of the mortgage encumbering the units.
Address: 8626 Horseshoe Lane, unincorporated Palm Beach County near Boca Raton Property type: 5.78 acres of vacant land zoned as a horse farm. Price: $2.83 million Sellers: Yoram and Vered Yasur Buyers: Alfred and Annie Teo Past sale: $1.575 million in May 2002
Address: 1622 NE Second Ave., Miami Property type: 22,638-square-foot, two-story warehouse formerly known as the Christmas Building built in 1927 on a 12,600-square-foot lot Price: $1.7 million Seller: 1622 Real Investment LLC Buyer: 1622 Partners LLC, managed by Miami-based real estate investor Liquidus 5 Inc. Past sale: $1.2 million …
Address: 5611 N. State Road 7, North Lauderdale Property type: 23,800-square-foot warehouse built in 1974 on a 61,695-square-foot lot Price: $2.09 million Seller: DT of Fort Lauderdale Inc. Buyer: TZFAT Inc and Sela Investment LLC Past sale: $1.5 million in October 2012
Address: 3051 Broadway, Riviera Beach Property type: 17-acre parcel zoned as a trailer park with a 234-square-foot administrative building built in 1980 and a shuffleboard court Price: $3.1 million Seller: Ocean Tide of Riviera Beach Inc. Buyer: Ocean Tide MHP LLC Past sale: $5,000 in December 1997