North Texas Real Estate Venture
In September 2003, Renaissance was engaged to represent the limited partners of a real estate development partnership in regards to disputes with the general partner of the limited partnership. This mixed-use real estate development of nearly 500,000 square feet was well leased and highly successful, although significant disputes existed between the partners involving the operations of the property, allocations of cash flow from the project and plans of further development of the project. Renaissance personnel worked closely with the limited partners, their counsel and the general partner to help achieve the most favorable results for all partners. In late 2004, a significant recapitalization of the investment was successfully completed, resulting in cash distributions to the limited partners several times greater than their original expectations.
8350 N. Central Expressway   Suite 700     Dallas, Texas 75206       Telephone: 214.754.1734     Facsimilie: 214.754.1732