Finance & Investment Transactions

• Negotiated 2024 refinancing documents for a 13-site self-storage portfolio in and around Dallas, Texas, and subsequent buyout of joint venture partner.
• Represented developer in 2021 transaction to obtain a $614 million bridge loan for acquisition of and redevelopment planning for an historic office property in downtown San Francisco.
• Drafted $250 million revolving credit line for Canadian investment entity as lender, secured by interests in San Francisco residential properties.
• Negotiation of construction loan documents for a 5-property senior housing portfolio in Michigan and Ohio.
• Represented preferred junior equity investor in $75 million investment in joint venture portfolio, owning over 70 multifamily properties in San Francisco in a transaction that included senior preferred equity, a CMBS loan, and multiple subordinate loans.
• Complex $500 million revolving credit line from Freddie Mac on behalf of multi-family residential property REIT, secured by portfolio of properties in multiple states, with borrower rights to add and remove collateral based on pre-defined criteria.
• Negotiated $39 million mezzanine loan on behalf of lender in conjunction with refinancing of multifamily residential portfolio in California.
• Refinance of $161 million loan secured by shopping center, and concurrent formation of joint venture by equity investor client, negotiated and closed in 26 days.
• Represented acquiring lender in the assumption of a $140 million loan secured by multiple Florida properties.
• Negotiated loan assumption documentation for a 14-property apartment portfolio in central Florida, assuming loans by seven lenders (including securitized Fannie Mae loans) in a transaction valued at $300 million.
• Represented insurance company fund as lender in a $235 million multifamily residential transaction secured by 11 properties in Santa Monica, California.
• Assisted local community banks in loan assumptions, assignments and modifications necessitated by 2008/2009 economic downturn, including modifications of collateral packages and modification of terms to preserve bank/borrower relationships.
• Performed defeasance of $130 million mortgage to facilitate 2003 office property REIT IPO in Los Angeles.
• Represented numerous CMBS loan defeasances totaling $160 million in conjunction with California, Florida and Texas apartment property sales.
• Represented re-insurer with respect to the $66.5 million refinancing of multimodal public bond for generation facility in New Jersey.

Acquisition & Sales

• Negotiated long-term ground lease for redevelopment of outdated retail parcels in suburban Seattle, including mechanisms for parcel splitting and phased development of new office and multi-family residential structures.
• Assisted M&A team with diligence on 2024 acquisition of major Great Lakes data center provider, and subsequent refinancing documentation.
• Represented battery storage developer on extensive ground lease (and subsequent amendment) process for proposed facility in West Texas.
• Negotiated and closed multiple, parallel sales of hospitality properties in southern California, including addressing Sharia-compliant organizational structure by selling party.
• In multiple transactions, represented sponsor and operator client in the acquisition of existing senior housing portfolios in Wisconsin, Iowa and Idaho.
• Represented equity investor in 2018 acquisition of permitted multifamily construction project in Alexandria, Virginia, together with associated joint venture documents with new development partner.
• Acquisition of equity interest in 5-star Seattle hospitality site and associated joint venture and management agreement negotiation.
• Represented major hotel brand in the $40 million acquisition of historic property in South Beach, Florida for renovation and expansion.
• Represented pension fund in 2013 formation of joint venture investment entities to acquire and operate student housing projects in Los Angeles.
• Negotiated a specialized goods contract on behalf of a major western power utility, for the manufacture, installation and maintenance of turbine rotors for nuclear power plant.
• $226 million acquisition of 33-story San Francisco office tower, including formation of equity joint venture, and $130 million secured purchase loan, from start to finish in less than one month.
• Represented major Canadian real estate investment firm in multiple transactions to acquire 17,000 acres in the southwestern and south-central United States; followed acquisitions by formation of tenancy-in-common agreements and LLC structure to incorporate foreign investors.
• Negotiated $600 million investment, via a portfolio of joint ventures, to acquire 47 properties at a multi-model industrial and transportation complex in central Texas; subsequently represented investors in a further acquisition of adjacent properties valued at $100 million.
• Worked on diverse energy facilities, from California and Washington to Texas, New Jersey and Massachusetts - including gas-fired plants, wind towers, small solar array citing, biomass cogeneration, and coal waste.
• Pro bono representation of Bay Area open space trust in several multi-million dollar acquisitions of over 1,000 acres of land in the Santa Cruz Mountains, and pro bono representation of historic and architecturally significant chapel in southern California, with respect to critical relocation and reconstruction needs.
• Created and represented a joint venture in a 2006 portfolio acquisition of California property near Sacramento, valued at $100 million for subsequent residential entitlement and development.
• Represented financial backer in 2004 acquisition of land and development rights for a 24-story mixed-use building in San Diego, California in conjunction with ballpark redevelopment.
• Represented Los Angeles to Pasadena Metro Blue Line Authority in a transit-oriented construction project, including property acquisition and disposition, development agreements and access easements.
• Represented Bay Area, California city in restoration and preservation of historic WWII “Liberty Ship”/“Rosie the Riveter” manufacturing facility and its conversion into a compatible mixed-use project.