Focus Areas
A representative sampling of Jonathan’s experience includes:
Credit-Lease Financing – U.S. Government Tenants
- $256.5 million credit-lease financing of the redevelopment of the 30th Street Post Office in Philadelphia into a new regional headquarters for the Internal Revenue Service.
- Represented a major credit-lease financing placement agent in closing a $160 million permanent loan financing secured by the New York headquarters of the Drug Enforcement Agency.
- Represented a major credit-lease financing placement agent in a $119 million construction and permanent loan financing of a U.S. Department of Veterans Affairs (VA) hospital in Winston-Salem, North Carolina.
- $105 million combined construction loan and permanent financing of a new outpatient clinic for the VA in Austin, Texas.
- Represented a major credit-lease financing placement agent in closing a forward commitment for a $100 million permanent loan for a VA health care facility in Fayetteville, North Carolina.
- $62.2 million credit-lease financing of a VA outpatient clinic in Ft. Worth, Texas.
- Represented a major credit-lease financing placement agent in a $54 million construction and permanent loan financing of a VA outpatient clinic in Birmingham, Alabama.
- Represented a major credit-lease financing placement agent in closing a $35 million permanent loan financing and a $4 million junior/mezzanine loan permanent financing of a VA health care facility in Colorado Springs, Colorado and represented the lenders in connection with the sale of such facility subject to the existing loans.
- $33.5 million credit-lease financing of a VA outpatient clinic in Evansville, Indiana.
- $26.5 million credit-lease financing of underground National Archives storage facility in southern Illinois.
- Represented a major credit-lease financing placement agent in the issuance of $24 million lease revenue refinancing bonds secured by a U.S. District Courthouse in Lynchburg, Virginia.
- $19.8 million credit-lease financing of a VA outpatient clinic in Harlingen, Texas.
- Represented a major credit-lease financing placement agent in a $19 million permanent loan financing of a VA outpatient clinic in Billings, Montana.
- $17.5 million credit-lease acquisition financing of an office building leased to the Forest Service as its national headquarters in Albuquerque, N.M.
- $16.548 million permanent financing of a VA outpatient clinic in Las Vegas, Nevada.
- $16.2 million credit-lease financing of a United States courthouse in Canton, Ohio.
- Represented a major credit-lease financing placement agent in closing a forward commitment for a $16 million permanent loan for a VA health care facility in Lafayette, Louisiana.
- $15.6 million credit-lease financing of a building leased to the VA as its outpatient clinic in Toledo, Ohio.
- $14.3 million credit-lease financing of a VA outpatient clinic in Crown Point, Indiana.
- $8.55 million permanent loan financing for a VA outpatient clinic in Lewiston, Maine.
- $4.65 million permanent loan financing of a field office for the U.S. Forest Service in Yreka, California.
- Representing a major credit-lease financing placement agent in connection with a pool of junior and mezzanine loans related to VA health care facilities in Birmingham, Alabama, Eugene, Oregon and Monterey, California.
Credit-Lease Financing – State & Local Tenants
- $14.375 million combined credit-lease and new markets tax credit financing of a new office building to be constructed for the State of Alaska Office of Children’s Services in Anchorage.
- $12.6 million credit-lease financing of a county office building in Pittsburgh, Pennsylvania.
- Represented a major credit-lease financing placement agent in a $12 million credit-lease financing of a supermarket in Bristol, Connecticut.
- $9.1 million construction and permanent loan financing of a new central receiving and distribution center to be located at the San Diego International Airport.
Credit-Lease Financing – Higher Education Facilities
- $72 million credit-lease financing of student housing facilities in London, England.
- $37.8 million credit-lease financing of student housing facilities in London, England and Geneva, Switzerland.
Credit-Lease Financing – Medical Facilities
- $63 million credit-lease financing of a medical office building in Dallas, Texas.
- $57.4 million credit-lease financing of a medical office building and laboratory facility in New Haven, Connecticut.
- $32 million permanent loan financing of a medical office building constructed for Robert Wood Johnson University Hospital.
Public-Private Partnership Financings
- Representing a placement agent in connection with the construction and permanent financing of an $80 million highway on a Caribbean island.
- Representing a placement agent in connection with construction and permanent financing for a hotel and resort complex in the Caribbean under a governmental credit lease.
- Representing a placement agent in connection with construction financing for a hotel, condominium and resort complex partially backed by a governmental guaranty.
Ground-Lease Financing
- Representing a major credit-lease financing placement agent in the financing of a ground lease under a solar farm in California
- Represented a private investor in the acquisition, ground lease and disposition of the fee interest in the land underlying an office building in Austin, Texas.
- $25 million ground-lease financing in Las Vegas, Nevada.
Project & Structured Financing
- $85 million bond financing of an electric-generating facility for the U.S. government in Fort Detrick, Maryland.
- $12 million structured financing of 30 mezzanine loans relating to 114 bank branches.
Commercial Lending
- Represented Bank Rakyat Indonesia in an $80 million term loan and revolver to a global Indonesian company in the wood and pulp business for the purpose of constructing a tissue paper factory in Maine and working capital.
- Listed in Legal 500 in Real Estate, 2017
Professional Associations
- New York State Bar Association
- The Association of the Bar of the City of New York
Education
- Emory University School of Law, J.D., 1987,
Emory Journal of International Dispute Resolution, Notes & Comments editor
- Cornell University, B.A., 1984
Bar Admissions
- New York
Court Admissions
- U.S. District Court for the Southern District of New York
- Supreme Court of New York