Changes to the summary judgment standard in Florida are set for May 1. But litigants are already seeing the effect. Read the original article by the Daily Business Review Here by Michael A. Mora The spotlight came through litigation in which a startup business faced a company controlled by a well-connected businessman, which was rep-resented by the former mayor of […]

Florida imposes a sales tax on rents under real property leases. In 2018, the general 6 percent state-level tax was reduced to 5.8 percent, but the Florida legislature enacted a law to further reduce the rate to 5.7 percent for occupancy periods beginning on or after January 1, 2019. It should be noted that these laws did not reduce the […]

Effective January 1, 2018, the sales tax on the total rent or license fee charged under a commercial lease of real property (i.e., business rent tax) has been reduced from 6 percent to 5.8 percent. Florida is the only state in the United States to impose such a tax.  Thus, many critics feel that the tax has discouraged Florida’s economic […]

The law firm of Angelo & Banta, P.A. is pleased to announce that it recently assisted its client, Black Marble E 2013, LLC, in the $180,000,000.00 refinancing of The Miami Beach EDITION hotel in Miami Beach, Florida. The EDITION is an elegant design hotel located at 2901 Collins Avenue, Miami Beach, Florida and has 294 individually designed guest rooms and […]

Angelo & Banta Law Firm Represents Institutional Buyer of $402 Million Home Portfolio FT. LAUDERDALE, FL–(Marketwired – September 01, 2015) – Angelo & Banta, PA is pleased to announce it acted as lead counsel for CSMA BLT LLC in its acquisition of a 4,200-unit rental home portfolio from Building Land and Technology based in Stamford, CT. The purchase price was […]

New York investor snags $402M rental home portfolio with C. Fla. homes Anjali Fluker, Senior Staff Writer Orlando Business Journal A New York private investment firm spent $402 million to buy a portfolio of 4,200 rental homes in seven states, which includes 138 homes in Central Florida. CSMA BLT LLC, an entity related to Cerberus Capital Management LP, on Aug. 31 bought […]

Fort Lauderdale Attorneys Advise on $402M Apartment Deal Samantha Joseph, Daily Business Review A Fort Lauderdale law firm was the behind-the-scenes dealmaker in a $402 million real estate transaction that set national records.The corporate practice at Angelo & Banta spent months negotiating the acquisition of a 4,200-unit rental home portfolio from Stamford, Connecticut-based Building Land and Technology—a deal Bloomberg News […]

Duo’s Banking Connections Facilitate Land Sale Eleazar David Melendez, Daily Business Review July 16, 2014 Thomas Angelo teamed up with Gavin Banta to close on a 2.88-acre St. Petersburg site planned for 358 luxury apartments and parking facilities. Dealmakers: Thomas Angelo and Gavin Banta The Deal: The Fort Lauderdale attorneys helped negotiate a land acquisition and associated financing for a […]

Angelo & Banta closes land acquisition and $85 million construction loan. For a Class A Rental Project in St. Petersburg, Florida The law firm of Angelo & Banta, P.A. is pleased to announce it represented CRAE 330 THIRD LLC, an affiliate of American Land Ventures, in negotiating and closing the acquisition of a 2.88 +/- acre parcel in St. Petersburg, Florida and […]