Real Estate Finance

In this rapidly changing economy, our lawyers understand and appreciate the market sensitivities and issues peculiar to companies in the real estate finance industry. We help national and international banks, other financial institutions, insurance companies, owners and users in structuring and documenting credit facilities and capital markets transactions involving real estate investment trusts, private real estate opportunity funds, the lodging industry, homebuilders, commercial real estate developers, and other owners and operators of real estate. These transactions include:

Mortgage lending Synthetic leasing Portfolio finance Mezzanine finance/ subordinated debt finance Hotel and resort finance Construction finance Repurchase and warehouse credit facilities

Sale leasebacks  Real estate structured debt Corporate credit facilities Syndicated credit facilities Subscription loan facilities Term loans Multi-state loans Bridge loans REIT financings

We also represent real estate developers in a wide variety of real estate financings, including construction loans, refinancings, permanent loans and mezzanine loans in virtually each type of property use – land acquisition, multi-family, condominium, hotel, office and retail space.

Our clients engage us to handle their real estate finance transactions because of our:

• Extensive experience in handling complex and unusual financing structures and transactions for both borrowers and lenders, as well as substantial transactions involving projects in Mexico
• Unique understanding and appreciation of clients’ business objectives in a finance transaction
• Cutting edge knowledge of financing techniques, structures and documentation, and underlying accounting and regulatory issues
• Firm culture, which promotes efficient staffing to accommodate all levels of necessary due diligence and document review and preparation, as well as teamwork between real estate, finance, international, tax, ERISA, and other necessary disciplines to efficiently handle all aspects of complex transactions
• Depth, size, and commitment, which permits us to efficiently accommodate the transaction’s size, complexity, and deadlines
• Responsiveness to accomplishing our clients’ business and legal objectives

Key transactions have included:

• US$3.4 billion equivalent global credit facility to a publicly-traded REIT, involving U.S., Canada, Euro, Japan, Korea, and China tranches
• $1.5 billion revolving credit and letter of credit facility to publicly-traded national homebuilder
• $700 million multi-facility credit agreement secured by 16 hotel properties in multiple states
• $500 million acquisition, construction and development credit facility to a private real estate fund
• $266 million credit facility to a publicly traded REIT
• $233 million loan secured by portfolio of industrial and office properties
• $110 million mezzanine loan to a multi-family real estate owner/developer/manager
• Syndicated construction financings for office towers, high rise multi-family projects, condominiums, and hotels

For a more comprehensive list of our experience, click "Representative Experience" on the left.