Lawyers in the firm’s Real Estate Practice Group represent lenders, national and regional banks, opportunity funds and borrowers in connection with real estate financings, construction loans, equity investments, syndicated investments, portfolio and syndicated credit facilities, tax credit transactions and municipal finance.
The firm’s real estate work involves all types of real estate projects—office, hotel, multifamily and industrial. The firm also represents both purchasers and sellers in connection with real estate acquisitions and dispositions, and both landlord and tenants in connection with commercial leases. Real Estate Practice Group clients include national and regional institutions as well as entrepreneurial and middle market clients who rely on the quality and cost-effectiveness of the firm’s legal services.
Representative Matters
- Represented buyer in the acquisition of a downtown Los Angeles hospital from sellers who were involved in a Medicare and Medi-Cal fraud scheme in violation of the False Claims Act. The transaction amount was in the eight figures.
- Represented seller in the sale of a hotel on Flamingo Blvd. in the heart of Las Vegas. The sale price was in eight figures.
- Represented Agent bank in complex, secured $1 billion syndicated credit facilities to publicly traded real estate investment trust.
- Represented Agent bank and lead arranger in series of complex, multi-tiered acquisition financings for ATM service company, building services companies and various manufacturing companies, with transactions ranging from $55 million to $75 million.
- Represented Borrower in $175 million syndicated, subscription backed credit facility.
- Represented Borrower in structured syndicated financing of radio stations, involving senior revolving and term debt, mezzanine loan and preferred equity.
- Represented Agent bank in complex unsecured $750 million, syndicated revolving credit facilities to publicly traded real estate investment trust. Agent bank in complex $350 million, syndicated asset-based term and revolving credit facilities to bowling products company exiting bankruptcy.
- Represented Agent bank in complex $250 million, syndicated secured term and revolving credit facilities to real estate investment and brokerage services company.
- Represented Institutional lenders in over 47 secured acquisition, bridge and mini-perm real estate financings for hotel, multifamily, industrial and office properties ranging in size from $17 million to $100 million, including co-lending arrangements.
- Represented Construction lender in over 53 project financings for condominiums, office buildings, hotels and multifamily projects, including project-financed tax credits and tax exempt and taxable bonds.
- Represented mezzanine lender in hybrid financing of condo-conversion project in Northern California. Agent in $140 million senior and subordinated secured financing of a portfolio of data centers with structured intercreditor agreement between senior, subordinate and mezzanine lenders.
- Represented portfolio lender in $100 million acquisition financing for resort hotel in Orange County, California.
- Represented construction lender in project financing for new resort hotel on ground leasehold estate in Southern California beach community. Letter of credit bank in complex credit enhancement of tax increment bonds financing a large redevelopment project in Southern California.
- Represented lender in real estate mortgage financing for acquisition and rehabilitation of single credit tenant building in San Diego California. Lender in non-judicial foreclosure of $50 million real estate mortgage secured by office building in Northern California. Representation of regional landlord in the negotiation and preparation of retail leases for over 100 shopping centers constituting approximately 3 million square feet of space in Arizona, California and New Mexico;
- Representation of local and national developers in connection with the due diligence, acquisition, financing and leasing of office, retail and mixed-use developments;
- Representation of regional and national developers in the preparation and negotiation of development agreements, economic incentive agreements and infrastructure coordination agreements throughout Maricopa and Pinal Counties; and
- Representation of national franchisor in the leasing of retail projects in Arizona and California. Represented an Orange County-based Fortune 1000 company in its 170,000 square foot headquarters lease, and in the sale of two office buildings
- Represented an Orange County-based developer in its lease with the anchor tenant of a retail center in Kona, Hawaii
- Represented a national fresh food producer in its headquarters lease, agriculture leases, and leases for two food processing and packaging facilities
- Represented a Fortune 500 financial services company in real estate transactions for its facilities nationwide
- Represented a national lender in its 500,000 square foot headquarters lease and in its national leasing efforts
- Represented the trust department of a major national bank in myriad sale and leasing transactions Represented an international automobile manufacturer in the acquisition and development of its Southern California dealerships and in its California office and warehouse leases
- Represented a well-known east coast college in the sale of a .7 mile-long stretch of Southern California coastline
- Represented a regional entertainment company in its acquisition of the largest swap meet in Nevada
- Represented a well-known national university oriented towards working adults in its national leasing efforts
- Represented a tenant-in-common syndicator in the acquisition of a major office complex in suburban Milwaukee
- Represented a national industrial developer in the acquisition and development of industrial properties throughout California
- Represented one of the two original Southern California cellular telephone carriers in the buildout of its cell site network and various other real estate transactions
- Represented buyer in purchase of a multi-acre hospital campus in St. Louis, MO
- Represented CV Holdings in REIT opinion and co-investment fund
