Real Estate Acquisitions, Dispositions and Joint Ventures

Experience

• Represented a real estate private equity firm in the $2.2 billion acquisition of a Manhattan office and retail complex. Also represented client in the subsequent sale of a 49 percent interest in the property.
• Represent a real estate fund in the acquisition and financing of a 1.1 million-square-foot, mixed-use complex in Minneapolis.
• Represent a real estate fund in the ground lease acquisition, joint venture and financing of a new construction office and residential project in Fort Lauderdale, Florida.
• Represented a real estate private equity firm in the $633 million sale of the office condo portion of a New York high-rise, $650 million purchase and financing of a Manhattan office tower, and $385 million sale of a 16-story office building in Lower Manhattan.
• Represented an alternative investment firm in 13 separate transactions for the $500 million sale of 34 properties. Included office, hotel, industrial, retail and multifamily properties plus a manufactured home park and entitled land parcels.
• Represent a private equity investment management firm in the $295 million sale of a portfolio of 44 industrial properties located across Arizona, Delaware, Illinois, Minnesota and Texas via the sale of the equity interests in 26 individual REITs.
• Represent an investment firm in multiple joint ventures with different sponsors to develop, finance and sell multifamily projects in Texas, Georgia, Tennessee, Illinois and Massachusetts.
• Represent a national banking institution in a $200 million-plus sale-leaseback of a 500,000-square-foot corporate headquarters building in Troy, Michigan.
• Represent a real estate investment trust in its programmatic investment in properties subject to ground leases for hotel, office, medical office, multifamily and self-storage properties.
• Represent a real estate investor and operator in the sale of a Manhattan office building that was converted to an equity restructure following default by the purchaser and the uncontested turnover of the asset to a lending group after unsuccessful efforts to restructure the existing debt.
• Represent a financial institution as joint venture investor in the workout of 37 loans to separate joint ventures, developing retail power centers throughout the Southeastern United States, including restructurings, deeds-in- lieu, consensual foreclosures and guaranty settlements.
• Represent a private equity investment management firm in purchasing a Baltimore office project for redevelopment into a corporate headquarters. Our work included the single-tenant lease and joint venture with an equity partner.
• Represent a financial institution in a credit tenant lease transaction with an agricultural biotechnology corporation for the construction of a 436,000-square-foot facility in Arizona and $95 million in associated debt financing.
• Represent an investment management firm in forming a programmatic joint venture with a senior living company to acquire and renovate various assisted living and memory care facilities throughout the United States.
• Represented a real estate investment advisor in the $60 million sale of its 95 percent interest in an office, research and development building in Cambridge, Massachusetts. 
• Represent a US pension fund investor in the $500 million purchase of an office building in Boston.
• Represent a Chicago-based real estate developer in the redevelopment of two large Chicago-area shopping centers.
• Represent a South Florida-based real estate developer in the development of multifamily residential projects in Orlando, Tampa and St. Petersburg, Florida.
• Represented one of the Chicago area’s largest industrial landlords with respect to the sale of an approximately 5.9 million-square-foot portfolio of 27 warehouses in the northern Chicago suburbs, southeast Wisconsin and northwest Indiana for approximately $391 million.