Subsidiary of Alta Developers gets loan from Itaú CorpBanca

Alta Developers LLC – which operates as a real estate joint venture development firm – signed an $80 Million Secured Credit Agreement with Itau Corpbanca’s New York Branch to refinance existing debt.

The company, serving customers in Florida, had the Credit Agreement executed under the laws of New York and has certain mortgage collateral granted under the laws of Florida and other guarantees granted under Chilean Law.

Honorato | Delaveau advised Alta Developers with a team including Matias Langevin and Jose Luis Honorato.

Greenberg Traurig acted as special counsel on real estate matters in Florida.

Ashurst acted as US Counsel of Itau Corpbanca at their New York Branch.