Real Estate Attorney, Adam J. Weiss, Elevated to Named Partner; Firm Changes Name to Solomon, Cooperman, Recondo & Weiss, LLP and Welcomes Three New Attorneys

Florida-based law firm Solomon, Cooperman & Recondo, LLP is pleased to announce the elevation of Adam J. Weiss to named partner of the Firm, officially changing its name to Solomon, Cooperman, Recondo & Weiss, LLP. The Firm is also pleased to welcome Lucilo Ramos as Of Counsel to the Firm, as well as Bryan Granda and Jeremy Zisholtz as Associate attorneys.

"Adam has successfully and rapidly built an impressive list of prestigious clients, which speaks volumes to his talent, work ethic and commitment to his practice. The Firm's name change is in recognition of Adam's significant contributions to the Firm and his dedication to his clients," said Ben Solomon, Managing Partner of the Firm.

Weiss said, "It is an absolute honor to join the Firm's leadership and I look forward to the continued growth of our Firm."

As a partner in the Firm's real estate practice group since 2021, Adam represents national developers, private equity funds, institutional and private lenders, retailers, owners, and investors. Among other major deals, Weiss represented a private equity fund in a $101,000,000 acquisition of an institutional grade multifamily project in Texas as well as represented a developer in connection with a $66,000,000 construction loan to develop a mixed-use project in the Midwest.

Solomon, Cooperman, Recondo & Weiss, LLP is a boutique law firm dedicated to the representation of clients throughout Florida including developers, REITs, banks, and other real estate investors and corporate clients. The Firm handles transactions, litigation, corporate matters, and serves as general counsel to many of its clients. Since the Firm was founded in 2005, the transaction practice group has successfully handled over $6 billion in deal volume, advising clients on a wide range of high-profile and complex real estate transactions, including acquisitions, dispositions, development, leasing, and financing. The Firm has offices in Miami, Aventura, Fort Lauderdale, and Boca Raton.

Miami-Based Private Equity Group Galium Capital Continues To Expand Houston Portfolio with Acquisition of Millennium High Street

Galium Capital, LLC, a Miami-based private equity group, has announced the acquisition of Millennium High Street in Houston, TX. Millennium High Street is a LEED Gold-certified, 340-unit institutional-grade multifamily apartment building in Galleria District of Houston. The transaction closed on August 20, 2021.

Galium Capital had been one of the most active buyers in the Houston market. In the past 12 months Galium Capital has acquired over 1,100 units and 65K of retail square footage in prime locations throughout the Galleria submarket.

“Millennium High Street is a trophy asset located in one of the best entertainment districts of Houston, we are excited to expand our presence in the Houston market with a truly irreplaceable asset,” said Jacques Bessoudo, Managing Partner of Galium Capital.

Millennium High Street is a luxury apartment community which was developed in 2014 and is located at 4410 Westheimer Rd., Houston, TX 77027. The property features 340 apartment units as well as 26,000 square feet of prime retail and features state-of-the-art amenities on 6.25 acres of land. The building is LEED Gold-certified as an energy efficient building. Residences feature gas ranges and chef’s kitchens, 12’ to 14’ high ceilings, and superior finishes. Residents will have access to amenities such as a resort style pool, fitness center, a modern clubhouse and a rooftop lounge with panoramic city views.

Galium Capital plans to add value by renovating the common areas and residences as well as by improving the operation and management of the property. Upon acquisition the property will be operated by Greystar, the largest multifamily operator in the United States with over 660,000 units under management.

“We have had our eyes on the Houston multifamily markets for some time and are proud to be acquiring yet another top-quality property within the city core. Millennium High Street allows us the opportunity to expand our presence in the market and continue our strategy of wealth-preservation & value creation with one of kind real estate assets” said Jonathan Slomianski, Director of Acquisitions of Galium Capital.

JLL represented seller and also secured debt from PCCP. The seller was Dinerstein Companies who developed the building in 2014. Adam Weiss from Solomon Cooperman and Recondo LLP was buyers counsel.

Galium Capital, owns and manages a portfolio in excess of $600 million of commercial real estate assets across the multifamily, office, and retail sectors in major markets across the United States. Millennium High Street is Galium Capital’s third acquisition in the Galleria-district of Houston, TX after the group closed on the 431-unit Tate Tanglewood in May 2021 and 361-unit, Fairmont on San Felipe in September 2020.

Galium Capital is a Miami-based private equity group that invests in and manages over $600 million of commercial property in major markets across the United States. Galium Capital’s portfolio comprises of multifamily, office, and retail assets across various major national markets. Galium Capital is led by Jacques Bessoudo and Iser Rabinovitz.

This article was produced in partnership with Galium Capital