Dealmakers:Alan Axelrod and Marty Schwartz
The Deal: The Bilzin Sumberg Baena Price & Axelrod partners represented Miami Design District Associates LLC in obtaining the largest private construction financing in South Florida since the recession. Companies owned by the joint venture between Craig Robins of Dacra Corp. and L Real Estate Advisors received two loans totaling more than $300 million July 29. The loans — a combination of refinanced debt and fresh financing — are to be used to help fund Miami Design’s luxury retail development between Northeast 38th and 42nd streets and between First and Second avenues in the city’s Design District.
