Represented the General Electric Pension Trust and its investment advisor, State Street Global Advisors, in negotiating and closing joint venture, development, and financing transactions with respect to the development of an approximately $58 million multi-family project to be constructed in Maple Grove, Minn. The representation included negotiating a developer's agreement and a site improvement agreement with the city, and negotiating a unique agreement with a non-borrower entity that provided a partial source of the funds for certain off-site infrastructure.

Represented Blue Lake Capital in its $131 million acquisition of a large, multi-building apartment complex in the Arcadia Cove section of Phoenix, Ariz. The transaction involved a preferred equity investment by a third-party investor, a tenant-in-common ownership structure, and the assumption of two loans in the aggregate amount of $88 million.

Represented the real estate investment affiliate of a leading logistics company in the $750 million recapitalization of a national portfolio of industrial warehouse and outdoor storage facilities with a foreign sovereign wealth fund and with significant debt financing provided by a major U.S.-based life insurance company, including the corporate and tax structuring of the transaction and negotiation and documentation of the joint venture and loan documentation.

Represented the lender in connection with a $25 million participation financing of a $106 million construction loan for the conversion of a 13-story office building into a 243-unit multifamily project in Washington, D.C.

Represented a joint venture between a leading national developer/investor and a top tier local developer, as borrower, in a complex $176 million senior and mezzanine construction loan facility to fund a luxury multifamily project that is planned to be the tallest building in the State of Utah and is being built to the highest environmental standards.

Successfully closed the back-to-back sale and purchase of two large, multifamily properties in Georgia and North Carolina, both of which exceeded $100 million. The combined transactions involved a 1031 exchange, tenancy in common issues, and various other complexities that had to be resolved on a compressed timeline and drew on the experience of the firm's real estate, tax, corporate, and bankruptcy attorneys.

Represented industrial non-profit Greenpoint Manufacturing and Design Center in connection with the $118 million development of Bridge Rockaway, a unique, mixed-use affordable housing development in the Brownsville neighborhood of Brooklyn. The project utilized New Market Tax Credit financing, an Industrial Development PILOT program, Low Income Housing Tax Credit financing, state and federal grant funds and various bridge financing facilities, and involved the creation of a commercial condominium and ground lease. Combining 174 affordable apartments, 87 permanent supporting housing units for those formerly experiencing homelessness, 40,000 sq. ft. of light manufacturing space, and 11,000 sq. ft. of green space, this project is the first of its kind in the region.

Represented the lender of a $340 million construction loan financing for a mixed-use hotel condominium project in downtown Miami. The 50-story project is slated to include a 219-room hotel with 310 residential condominium units above the hotel portion, as well as ground-floor retail space that will include five restaurant and bar areas.

Represented affiliates of Equus Capital Partners, Ltd. in the acquisition of a portfolio of industrial properties throughout the Southeast and Sun Belt in a transaction valued in excess of $900 million. The portfolio consists of 75 properties, covering approximately 5.4 million sq. ft. total, located in South Florida, Houston, Dallas, the Baltimore-Washington Corridor, Richmond, Atlanta, and Greenville, S.C. This representation included assisting Equus with a senior mortgage loan and a mezzanine loan originated by affiliates of New York investment bank Morgan Stanley for an aggregate amount of $646.9 million.

Represented Arden Real Estate Partners III, L.P. and certain of its affiliates in the recapitalization of its ten million sq. ft. industrial portfolio valued at over $700 million, and in its programmatic joint venture with the U.S. arm of Arcapita Group, a Bahraini-based institutional investor. This complex transaction involved 22 assets in multiple states and followed Shariah structure. 

Represented affiliates of Equus Capital Partners, Ltd. in a multi-tiered transaction that included the sale of two portfolios of industrial assets totaling 88 properties throughout the Southeastern United States in a transaction with a value in excess of $1 billion. As lead counsel our representation included negotiating, documenting, and closing the sale and purchase transactions establishing two new joint ventures with the real estate affiliates of the contract purchaser for the acquisition, ownership, and management of the portfolio, and negotiating the terms of and closing two single-asset CMBS loans originated by Goldman Sachs in the aggregate amount of $686 million.

Represented the U.S. subsidiary of global investment management company in its $110.25 million acquisition of, and $71.7 million financing in connection with, a 207,000 sq. ft., four-story, new construction, single-tenant office building located within the Lincoln Yards Development in Chicago. This representation included negotiation of acquisition and financing documents, coordination of sharia-compliant documents with con-counsel, conducting title and survey review, drafting organizational documents, and preparing for and handling the closing of both the acquisition and the loan.

Represented a syndicate lender in connection with a $50 million piece of an approximately $500 million credit facility secured by a data center in Northern Virginia. The representation included the negotiation of intercreditor and co-lender provisions as well as due diligence related to the underlying data center lease.

Represented an equity sponsor in its $80 million acquisition of a 500-unit, luxury multifamily property in Atlanta, which included providing counsel on a $60 million agency loan and a $9 million preferred equity joint venture agreement.

Represented an operating partner in the sale, joint venture with an institutional investor, and financing of a portfolio of existing large-format industrial buildings and land for development of new, large-format industrial buildings, with an aggregate value prior to the development of more than $100 million.

Represented a real estate fund in the acquisition and financing of a ground lease for a major metropolitan office complex. The ground lease financing was comprised of a senior construction mortgage loan and mezzanine financing in the total amount of $255 million.

Represented a real estate fund in a refinancing for the redevelopment of a large office park in Somerset County, New Jersey. The total loan amount was $155 million, including construction advances of $77 million. The property consisted of multiple large office buildings and an amenities building. The transaction also included zoning issues related to the build-out of a major tenant space and the donation of an interior parcel to the property owner's association.

Represented the Los Angeles County Metropolitan Transit Authority (Metro) in connection with a joint funding agreement with the California High-Speed Rail Authority (Authority) allocating $76.7 million in Proposition 1A bond funds toward a major grade separation project at the intersection of Rosecrans Avenue and Marquart Avenue in Los Angeles. This intersection was deemed the highest-priority railroad grade crossing in California, and the project to build a vehicular bridge over existing railroad tracks is expected to cost $155.3 million. It is the first project to be funded under Proposition 1A (the High-Speed Rail Act). The agreement between the Metro and the Authority took more than 12 months to complete and required additional agreements with the BNSF Railway and the City of Santa Fe Springs.

Represented Greenpoint Manufacturing and Design Center Local Development Corporation in the acquisition, development, and financing of an 85,000 sq. ft. manufacturing facility in Queens, N.Y. The cost of the acquisition and development of the Ozone Park project is an estimated $40 million. The project was financed through several incentive programs, including New Markets Tax Credit financing, Historic Tax Credit financing, grant funds from New York City's Economic Development Corporation, grant funds from the State of New York, Industrial Development Agency tax benefits through a PILOT program, and bridge financing through the New York City Partnership Foundation.

Represented Rubenstein Properties Fund III, L.P. in connection with its acquisition of eight office buildings in the Indianapolis area for a total purchase price of $162.9 million. In addition to negotiating the purchase agreement, obtained acquisition financing with future advances for the potential development of an amenities site on the property, and negotiated and finalized a joint venture with Strategic Capital Partners.

Represented a private equity fund in acquiring a distressed loan secured by a major office building in the southeast United States and a contemporaneous deed in lieu transaction.