Real Estate Finance and Structured Finance – Representative Transactions
Represented major international real estate investment bank in the origination of over $3,000,000,000 of first mortgage and mezzanine loans including the financing of McDonald Investment Center (Cleveland, Ohio), 1650 Arch Street (Philadelphia, Pennsylvania) and Energy Centre (New Orleans, Louisiana), which loans were securitized and sold to the capital markets. Represented lender in connection with several “Ijara” transactions, structured to comply with certain Islamic religious requirements
Represented New York based asset manager in connection with the borrowing of over $1,500,000,000 of mortgage and mezzanine debt including the financing of Michigan Plaza (Chicago, Illinois), 1401 H Street (Washington, D.C.), One Canal Place (New Orleans, Louisiana), Bank One Center (New Orleans, Louisiana) and The Crescent Building (Birmingham, Alabama). Represented client in connection with the origination and restructuring of a mezzanine loan and preferred equity interest in L’Enfant Plaza (Washington, D.C.) and the Aegon Center (Louisville, Kentucky).
Represented international real estate investment bank in the origination of over $200,000,000 of first mortgage and mezzanine loans including the financing of Copley Place (Boston, Massachusetts).
Represented QSR franchise lender in connection with construction and term loans having an aggregate value in excess of $250,000,000.
Represented a conduit lender in connection with a $123,000,000 loan secured by 43 multifamily residential properties located in Chicago, Illinois.
Represented New York based owner/developer in the borrowing of over $500,000,000 of mortgage and mezzanine debt including the financing of 63 Madison Avenue (New York, New York), 200 Madison Avenue (New York, New York) and 9465 Wilshire Boulevard (Beverly Hills, California).
Represented trustee in connection with the issuance of over $500,000,000 of trust preferred securities, which were pooled and sold to the capital markets through a CDO offering.
Negotiated on behalf of national real estate investment bank a $40,000,000 senior loan and a $30,000,000 construction loan to national real estate development company to finance the privatization, rehabilitation and construction of United States Navy housing located in northern California.
Represented a conduit lender in connection with a $95,000,000 loan secured by a hotel and waterpark resort located in Wisconsin.
Represented real estate capital group in the acquisition of three cross-collateralized pools of over one hundred mortgage loans totaling $250,000,000 secured by property located in 17 states.
Represented pension fund trust in the purchase of several 100% participation interests in permanent and construction loans from state financing agencies and mortgage companies to finance the construction, rehabilitation and operation of low-income housing projects throughout the United States.
Negotiated joint venture agreement on behalf of New York based real estate developer for the development of a 313-unit residential building located on the west side of Manhattan. Negotiated for credit enhancement provided by German based lender for $82,500,000 in tax-exempt bonds and $27,500,000 in taxable bonds issued by the New York State Housing Finance Agency, the proceeds of which were used to finance construction.