| Client | ASRR 8955 LLC |
| Legal advisor | Hunton Andrews Kurth |
| Notes | Hunton & Williams LLP advised ASRR 8955 LLC, an affiliate of Israel-based ASRR Capital LTD, in connection with a $90 million construction loan that will fund the development of ultra-luxury condos on Collins Avenue in Surfside, Florida. The loan was originated by Bank Leumi USA, which also acted as administrative agent. The transaction closed on March 10, 2017, and the construction on the condos is anticipated to be completed within two years. |