Greenberg Glusker Partner Steven Lurie Named among Elite California Real Estate Dealmakers.
Billion Dollar Year Earns Real Estate Attorney Recognition for Closing Transactions
LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Greenberg Glusker today announced that real estate attorney Steven J. Lurie has been included in the California Real Estate Journal's "California Dealmakers." The special feature highlights a select group of the state's top attorneys, brokers, lenders and developers for their accomplishments during the past year. Since July 2008, Lurie has handled approximately one billion dollars worth of real estate transactions, including representing Transpacific trans·pa·cif·ic
1. Situated on or coming from the other side of the Pacific Ocean.
2. Spanning or crossing the Pacific Ocean. Development Co. in the $73 million purchase of One and Three Premier Place in Irvine, and representing Majestic Realty Co. in more than $225 million in loan transactions involving more than 20 industrial and retail properties.
"Strong business judgment and practical legal experience are needed more than ever to complete a successful transaction in a down market," said Bob Baradaran, Chair of Greenberg Glusker's Real Estate Group. "Steve continually uses those strengths to find new opportunities and close transactions for his clients in all market conditions, and we applaud him for that."
The California Real Estate Journal profile noted several of Lurie's recent client achievements. These include representing shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into developer J.S. Rosenfield & Co. in the $65 million purchase and related acquisition financing of Larkspur Landing Larkspur Landing is the main Golden Gate Ferries ferry terminal in Larkspur, Marin County, California. The terminal is a regional hub receiving heavy feeder service from throughout the north bay for commuter ferries to Downtown San Francisco. Shopping Center in Marin County, and in the acquisition of a 31-year ground leasehold interest in Coast Village Shopping Center in Montecito, California Montecito is a census-designated place (CDP) in Santa Barbara County, California. As of the 2000 census, the CDP population was approximately 10,000, although the boundaries are ill-defined. . Lurie also represented Malibu Lumber Yard, LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control in the acquisition, construction financing, development and leasing of the 32,000 square-foot Malibu Lumber Yard Shopping Center, the first retail development to be built in Malibu in two decades. The profile also notes that much of Lurie's current practice activity is on loan modifications and lease workouts.
In addition to his active real estate practice, Lurie also maintains a thriving golf course industry practice, representing more than 260 golf courses across 25 states, including such major players as Sequoia/Canongate Golf, American Golf and NGP NGP Neo-Geo Pocket (SNK)
NGP Nearest Grid Point
NGP New Growth Point (UK)
NGP National Grid Project
NGP Next-Generation Program (fire suppression)
NGP Next Generation Product Realty Sub LP. He advises on major refinancings, sales, purchases, leases, management agreements and other transactions.
The "Dealmakers" piece mentions Lurie's success in accomplishing his client's objectives and practical approach that impresses all parties in the deal. "I'm very fortunate to have long-standing clients who've remained active in this economy," he said.
Lurie's deal making achievements during a down market were also the subject of a recent profile by the Los Angeles Business Journal - the paper recognized Lurie as one of the region's 2009 powerbrokers in its "Who's Who in Real Estate.
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