Cases & Deals

NRP Group affiliate negotiates joint venture, and subsidiary obtains mortgage loan, for the development of the Cresta Bella Apartments Project

Client(s) NRP Group LLC, The

Jones Day represented an affiliate of The NRP Group LLC in negotiating a joint venture agreement with an affiliate of Ares Management LLC in connection with the development of the Cresta Bella Apartments Project in San Antonio, Texas, and represented a subsidiary of the joint venture in obtaining a $23,372,020 mortgage loan in connection with the construction and development of that project.