Overview
We represent commercial and investment banks, insurance companies and other institutional lenders in connection with the extension of credit. We have decades of experience in financing the acquisition, development and construction of office buildings, retail, shopping centers, mixed-use projects, affordable housing and work-force projects, hotel, restaurant, and hospitality projects, condominium projects, single and multi-family residential projects, industrial and warehouse projects, marinas, and healthcare facilities, employing advanced lending techniques and negotiating financing documents and the workout of troubled assets.
Range of Services
- Conventional, syndicated and mezzanine loans secured by real property, tangible and intangible personal property including asset-based lending and factoring transactions
- Affordable housing equity and debt financing
- Distressed debt transactions and workout of troubled assets including deeds in lieu of foreclosure, forbearance agreements, insolvency, loan modifications, loan sales, receiverships, restructurings and workouts
- Finance structuring for secured and unsecured real estate investment trusts (REITs)
- Public-Private Partnerships
- Portfolio and fund financing formation, subscription credit facilities and preferred equity
- Mergers, stock and asset purchases and sales, tender offers and leveraged buy-outs, spinoffs, consolidations and roll-ups, management buy-outs, joint ventures and corporate recapitalizations, reorganizations and restructurings
- Tax credit transactions
- Warehousing
- Litigation and dispute avoidance in relation to lenders’ potential liability for their actions originating and administering loans, or as a consequence of environmental laws and regulations
Notable Experience
- Represented a retail and commercial bank in the closing of $99 million dollar loan modification transaction secured by a high-rise, Class-A residential apartment building with related retail and parking components located in Miami, Florida in close proximity to Miami’s Metrorail Station involving, among other diligence, review of the underlying ground lease with Miami-Dade County and various transit-oriented development agreements.
- Represented lead financial institution in the syndicated construction financing of a mixed-use project in Atlanta, Georgia containing a regional shopping center, restaurants, movie theater and high-rise residential units.
- Represented a financial institution in the sale of a portfolio of more than 50 properties including branches, buildings and operations centers.
- Represented lead financial institution in the syndicated construction loan of an apartment project with ground floor retail in downtown Tampa, Florida located in a Planned Development District within a Qualified Opportunity Zone (QZone).
- Represented a national banking association in the refinance of an $83.2 million dollar syndicated loan for a regional shopping center in Ft. Myers, Florida. This transaction involved the assignment and amendment and restatement of the prior loan documents to avoid transactional taxes to the extent allowed in Florida.
- Represented a national banking association in the closing of a $110 million dollar syndicated construction loan for a hotel/timeshare project located in Clearwater Beach, Florida. This transaction involved the review of timeshare documentation, hotel management and franchise agreements, condominium documentation and ancillary agreements.
- Represented a regional bank in the closing of the refinance of a $50 million dollar loan secured by a high-rise, premier office building located in downtown St. Petersburg, Florida. In addition to customary due diligence, this transaction involved the review and negotiation of SNDA’s with major tenants, as well as the negotiation of a participation agreement with a participating lender.
- Represented several regional and national banks in the closing of many loans for the construction of Publix anchored shopping centers and multi-family apartment projects throughout the Southeastern United States. Our coordination with local counsel in each state facilitated a smooth closing process for the borrowers and lenders on these transactions.
