Greenspoon Marder Shareholder Closes $6.25 Million Dollar “Luxury Stable” Deal in Wellington

Jun 6, 2012

WEST PALM BEACH, FL (Wednesday, June 6, 2012) – Greenspoon Marder shareholder and real estate attorney Donald P. Dufresne has closed a $6.25 million sale transaction involving a luxury stable property located in Wellington, Fla.

Dufresne represented the Seller, SB Florida CRE Holdings, LLC, in the transaction that was finalized on Friday, May 25, 2012. The Seller is affiliated with IberiaBank and Jason Block, Vice President at IberiaBank, was the seller’s representative. The Buyer is UNEX Group (USA) LLC. The realtors were Rob Ross of Keller Williams Realty in Wellington and Amy Carr of Westwind Realty, also in Wellington. The property, located at 3410 Old Hampton Drive, Wellington, Fla., had been the subject of a receivership involving accused Ponzi schemer, Joseph P. Zada, as well as a foreclosure suit. It encompasses approximately 3.4 acres in Grand Prix Farms.

“This is a remarkable property in a remarkable neighborhood; It almost makes me wish I was a horse,” Dufresne said. “I would like to thank everyone involved in this deal for working together to make it smooth transaction from contract to closing.”

An AV-Preeminent rated attorney by Martindale-Hubbell, Dufresne currently heads up the Real Estate & Commercial Lending and Equine Law practices in Greenspoon Marder’s West Palm Beach office. His primary areas of practice include: real property; lending and business transactions, including asset and equities transfers; condominium law; title insurance; financing; acquisition; development; leasing; and 1031 exchanges. Additionally, he has a particular knowledge in equine law and matters involving the equestrian industry. He also assists clients in general corporate and partnership matters including domestic and international transactions. Furthermore, Dufresne has experience in the drafting and negotiation of agreements involving asset purchases, employment, shareholders, software development, licensing and internet hosting. He is also a Certified Circuit Court Mediator.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 240 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has upheld a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

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This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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Greenspoon Marder Shareholder Closes $6.25 Million Dollar “Luxury Stable” Deal in Wellington

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