The document presents a financial opportunity involving a put option supported by units in a luxury high-rise residential development in Miami, Florida. The building is under construction by a Brazilian developer, with 45% of units sold and completion expected by 2017. Deutsche Bank (DB) is asked to provide a $75 million Bridge Loan to the developer, secured by unsold units. DB seeks an investor to write a put option on the collateral, with DB paying an up-front premium. In case of default, DB will foreclose on the collateral and exercise the put option.
documents/EFTA01447828.pdf
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