Profile
Steve Bassin has substantial experience in a broad range of commercial real estate transactions in the United States and abroad. His experience spans various asset classes, including, hotels, condominiums, multi-family, retail, entertainment, office and other commercial properties. Steve frequently represents developers throughout the entire lifecycle of their projects, starting with the acquisition, through pre-development, construction, leasing, financings, joint ventures and the ultimate disposition or other capital events.
Concentrations
- Real estate finance, including, construction, mezzanine, preferred equity and equity financings
- Joint ventures
- Private equity
- Real estate acquisitions and dispositions
- Development
- Hospitality
- Foreign inbound investment
- Leasing
Capabilities
Experience
- Represented various developers in all aspects of several high-rise luxury condominium projects in various states, including, acquisitions, joint ventures, branding and financings.
- Represented client in the acquisition, joint venture and construction financing for Aman Miami Beach.
- Represented client in the acquisition, financing and development of the Ritz Carlton Nomad.
- Represented client in a public-private partnership for the financing of the redevelopment of the Pimlico Race Course.
- Represented client in a repositioning of the Gulfstream Park Race Course.
- Represented various developers in acquisitions and financings of several high profile land assemblages.
- Represented developer in several acquisitions, financings and development of retail and entertainment projects on the Las Vegas Strip.
- Represented client in the joint venture and financing for a redevelopment of a prominent shopping center in Los Angeles.
- Represented clients in the acquisition of loan portfolios with a total value of approximately $2 billion secured by hospitality, industrial and office properties.
- Represented private equity fund in acquisition and financing of approximately $1 billion of multi-family and student housing properties.
- Represented a REIT in approximately $500 million of construction and term financings of medical office and senior living properties.
- Represented developers in negotiations with several anchor tenants, including, several Walgreens, Publix, Starbucks and CVS locations.
- Represented developer in all aspects of acquiring, financing and repositioning of the Shelborne Hotel on Miami Beach, Florida, including all hotel related agreements.
- Represented developer in all aspects of repositioning an existing 40 acre hotel site in Orlando, Florida, including, acquisition, financing, retail leasing and hotel agreements.
- Represented private equity firm in acquiring, financing and ultimate disposition of the Raleigh Hotel in Miami Beach, Florida.
- Represented developer in construction financing for first-of-a-kind Virgin-branded hotel in Chicago, Illinois.
- Represented developer in evaluating the acquisition of the Setai Hotel in Miami Beach, Florida.
- Represented a public hospitality operator in the acquisition of a luxury hotel portfolio in Jamaica.
- Represented developer in the acquisition of land in Turks and Caicos for the development of an ultra-luxury hotel and residences.
- Represented Baltimore Orioles in the leasing and development of a training facility in the Dominican Republic.
- Represented developer in the negotiation of hotel agreements for the development of an ultra-luxury resort and residences in West Caicos.
- Represented developer in acquisition and development of luxury Caribbean resort in Anguilla including negotiation of leases and concessions with Government of Anguilla, and hotel operating agreements with a luxury international brand.
- Represented various prospective developers in evaluating viability of projects and legislation in jurisdictions of Barbuda, Anguilla and Bahamas.
- Represented developer in the acquisition and financing of a repositioning of a hotel in Harbour Island, Bahamas.
- Represented cruise line in negotiation of a port lease in Haiti.
Recognition & Leadership
- Listed, The Best Lawyers in America, Real Estate Law, 2023-2024
- Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2017-2018, 2022
- Listed, Florida Trend, "Legal Elite," 2019
- Selected, Daily Business Review, "Top Dealmakers of the Year - Real Estate Finance Category," 2013
- Team Member, a U.S. News - Best Lawyers®, "Law Firm of the Year" in Real Estate Law, 2015
- Team Member, a Law360 "Real Estate Practice Group of the Year," 2011-2013, 2015, and 2022
- Team Member, The Legal 500 United States, "Top Tier" Firm in Real Estate, 2013 and 2014
- Team Member, Chambers USA Award for Excellence, Real Estate, 2010 and 2013
Credentials
Education
-
J.D., magna cum laude, University of Miami School of Law
- Order of the Coif
- Member, University of Miami Law Review
- Dean's Merit Scholarship Recipient
- Dean's List
-
B.S., Computer Science, magna cum laude, St. John's University
- Dean's List
Admissions
- Florida
Languages
- Russian