Benesch represents one of the nation’s largest multifamily housing developers in the ground leasing, financing, and development of a 430+ unit multifamily apartment complex within a large scale vertical mixed-use project including ground floor retail, office and hotel uses and subterranean parking facilities in a high profile redevelopment project in downtown San Antonio, Texas. Benesch is handling all aspects of the ground leasing, redevelopment, and debt and equity financing for the project. The project involves a complicated master lease structure with multiple subleases, a leasehold condominium regime and reciprocal easement agreements. Benesch is handling negotiation of the multi-layered sublease structure, which governs the public-private partnership among the city, through a public facilities corporation, the master developer and the client. The development is further complicated by the inclusion of public park facilities, a subterranean garage and other shared infrastructure that is integral to the master plan for the development.