Recent Transactions

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Represented the administrative agent and lender in connection with the amendment of a $145 million financing of a property located in the Upper East Side neighborhood of Manhattan, New York.
Represented the administrative agent and lender in connection with a forbearance agreement related to a Miami, Florida hotel and a PPP Waiver Letter with respect to a related hotel property in Washington, D.C.
Represented the administrative agent and lender in an $87.9 million pre-development loan, comprised of a senior loan, building loan and project loan, in connection with the acquisition of a significant development site on the Williamsburg waterfront with a phased land acquisition. This transaction has been reported in the news to be the largest land transaction in New York City since the outbreak of the coronavirus pandemic.
Represented the agency lender in connection with advances in the aggregate amount of $74.5 million to refinance two multifamily properties located in Port Saint Lucie and Port Charlotte, Florida, under a revolving credit facility in the maximum principal amount of up to $400 million, and the addition of such properties to the collateral pool for the revolving credit facility.
Represented the agency lender in connection with advances in the aggregate amount of $141.6 million to refinance two multifamily properties located in Las Vegas and Henderson, Nevada, under a revolving credit facility in the maximum principal amount of up to $200 million, and the addition of such properties to the collateral pool for the revolving credit facility.
Represented the agency lender in connection with advances in the aggregate amount of $26.3 million to refinance two multifamily properties located in Phoenix and Tempe, Arizona, under a revolving credit facility in the initial principal amount of up to $100 million, and the addition of such properties to the collateral pool for the revolving credit facility.
Represented the lender on a $250 million loan financing the sale and leaseback of two distribution centers by a major retail chain.
Represented a hedge fund in connection with a $300 million mezzanine credit facility secured by a pledge of equity interests in various entities which own single-family residential properties.
Acting for AEW UK REIT PLC (LSE: AEWU, a commercial real estate fund) with respect to term and revolving loan facilities with The Royal Bank of Scotland International.