Acquisition of large mixed-use property

KLG represented Crawford Hoying and its affiliates with respect to the $173 million acquisition of The Banks, a mixed-use development and neighborhood located between Paycor Stadium and Great American Ball Park on the riverfront in downtown Cincinnati. KLG’s representation included the negotiation and closing of a multi-site, multi-lender purchase that involved unique “air lots”, various declarations, restriction agreements, parking arrangements and other complex public-private agreements that govern the ongoing ownership and operation of the site. KLG is proud to have partnered with Crawford Hoying in adding this exciting asset to its portfolio.