Real Estate and Commercial Financing

• Representing a NYSE-listed mortgage REIT in connection with its mortgage and mezzanine financing of self-storage facilities across the United States.
• Representing a NYSE-listed REIT in connection with conveyance of three shopping centers from joint venture to entities wholly owned by the REIT, including release of assets from  existing $370.5 million portfolio loan with institutional life insurance company and inclusion of assets in different existing $350 million portfolio loan with same lender.
• Representing a NYSE-listed REIT on $350 million mortgage loan, secured by six shopping centers located in four states and Puerto Rico, from a national life insurance company.
• Representing a NYSE-listed REIT in connection with $85 million mortgage loan, secured by four shopping centers located in Puerto Rico, from a national life insurance company.
• Representing a shopping center owner on $165 million long-term, multi-state portfolio financing, secured by seven shopping centers.
• Representing an automobile manufacturer’s financial services division as lender in over $200 million in construction and mortgage loans to dealers and franchisees, secured by automobile dealerships and other property located in California, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Massachusetts, Minnesota, New Jersey, New York, Oklahoma and Pennsylvania.
• Representing a major financial institution in forbearance agreement and amendment to $23 million construction/mini perm loan in Idaho and in several other forbearance/loan amendment transactions.
• Representing an agent bank on two negotiated pre-bankruptcy workouts of multi-state owner and operator of assisted living facilities, including coordination with borrower of sale of assets in various states.
• Representing a global real estate advisory firm in equity fund formation and in structured real estate transactions involving the acquisition of multifamily housing developments located in Arizona and Washington.
• Representing an agent bank on syndicated $81 million loan for term and construction loans on seven assisted living and skilled nursing facilities in four states and amendment increasing facility to $99 million and adding additional construction loan.
• Representing an agent bank on syndicated $31 million construction loan for medical office building on university campus in Louisville, Kentucky, secured by leasehold mortgage.
• Representing a lender in amendment to $23 million credit facility secured by mortgages on nursing homes in Ohio.
• Representing a lender on $17 million construction loan for medical office building and surgical center on hospital campus in Jersey City, New Jersey, secured by leasehold mortgage.
• Representing a lender on $18 million construction loan for medical office building and surgical center on hospital campus in Newport News, Virginia, secured by leasehold mortgage.
• Representing a lender on $12.5 million acquisition loan for medical office building and surgical center on hospital campus in James City County, Virginia, secured by leasehold mortgage.
• Representing a lender on $17.7 million construction loan for medical office building and surgical center on hospital campus in Sterling Heights, Michigan, secured by leasehold mortgage.
• Representing a lender on $23 million acquisition of medical office building and surgical center in Van Nuys, California, secured by leasehold mortgage.
• Representing a lender on $8.4 million acquisition loan for skilled nursing facility in Marion, Indiana.
• Representing a letter of credit issuer on $20 million bond financing for construction of addition to continuing care retirement facility in Columbus, Ohio.
• Representing a lender on $5 million construction loan for assisted living/Alzheimer facility in Ingham County, Michigan.
• Representing a lender on $10 million construction loan for independent living facility in Kokomo, Indiana.
• Representing a lender on $10 million construction loan for independent living facility in Mansfield, Ohio.
• Representing a national bank in issuance of reservation of rights and forbearance agreements as to commercial mortgage loans secured by senior health care facilities.
• Representing a borrower on negotiation of workout of $200 million-plus securitized portfolio loan.
• Representing a borrower on friendly foreclosure of $36 million shopping center mortgage.
• Representing a lender on $13 million construction loan for medical office facility on hospital campus in Portland, Maine, secured by leasehold mortgage.
• Representing a letter of credit issuer/construction lender on financings for low income housing tax credit (LIHTC) properties.
• Conduit loan closings for loan originator and for borrowers.
• Representing an agent bank and co-lenders on approximately $500 million in secured and unsecured lines of credit to REITs in the office, multifamily, retail and industrial sectors.
• Issuance of legal opinions for multi-state financings.
• Representing borrowers on release of properties from portfolio sale/leaseback transaction and defeasance of properties from conduit financing.
• Representing a global manufacturing company in credit tenant lease of Ohio facility and associated mortgage financing.
• Representing a borrower in a mortgage loan secured by three shopping centers.
• Representing a borrower in a mortgage loan secured by Ohio shopping center.
• Representing a national bank in 4th amendment to obligated group health care loan facility secured by projects in Florida, Georgia, North Carolina and Tennessee.

Corporate Facilities, Outsourcing, Development, Acquisitions, Dispositions and Leasing

• Representing a major U.S. banking institution in a multiyear, complex sourcing initiative.
• Representing a financial institution in sourcing of portfolio facilities management and real estate transaction services for more than 400 properties.
• Representing major U.S. banking institution in sourcing of finance and accounting functions to offshore vendor.
• Representing major U.S. banking institution in sourcing of various human resource functions to two vendors.
• Representing major U.S. banking institution in sourcing of business process to offshore vendor.
• Representing major U.S. banking institution in sourcing of IT development and maintenance functions to offshore vendor.
• Representing investment banking division of major U.S. banking institution in sourcing of operations functions.
• Representing a private college in sourcing of facilities management functions.
• Representing a private college in sourcing of food services.
• Representing an acquirer of interests in thousands of oil and gas leases in Ohio related to Marcellus shale exploration and development.
• Representing a retail developer in the evaluation of an oil and gas leasing program, including advice on the negotiation of drilling and non-drilling oil and gas leases, development of a lease template, development of a review template for title and loan documents, REAs and leases and summary memo form, and preparation of review packages for numerous sites.
• Representing a property owner in acquiring oil and gas interests encumbering rural tracts.
• Representing a nonprofit organization in negotiating several oil and gas leases on campgrounds.
• Representing a property owners in negotiating oil and gas leases.
• Advising holder of reserved North Dakota mineral interests regarding competitive bid for oil and gas lease, resulting in more than 100% improvement in signing bonus and other favorable terms.
• Joint ventures involving 10-plus industrial facilities in five states and Canada, including development of shared services agreements, for chemical company.
• Development of lease tickler system for biotech client with operations in multiple states and countries.
• Representing a self-administered, NYSE-listed real estate investment trust in the $350 million acquisition of a portfolio of 36 department stores located in CA, NV, AZ and TX, with lease or sublease back to the department store, plus related acquisition and lease back of  additional properties in CA and UT.
• Representing a global real estate advisory firm in a series of multi-family housing investments for joint ventures comprised of institutional investor and developer.
• Representing a shopping center developer in $42 million sale of portfolio of seven retail centers in Indiana, Pennsylvania and West Virginia.
• Representing a public REIT in $12 million purchase/leaseback of retail department store in California.
• Advising a tenant on competitive requests for proposal on 200,000 sq. ft. office space and 70,000 sq. ft. operations space leases.
• Representing a park district in acquisition of 200-plus acres of land for conversion to park purposes, including step transfer through land conservancy and associated easement and license agreements.
• Representing a Fortune 500 manufacturer in acquisition, development and financing of $56 million global headquarters, including off-balance sheet bond financing.
• Advising clients on ADA compliance and related as to facilities, loan documents and leases.
• Advising a sponsor concerning continuing care retirement community facility and consulting contacts.
• Advising a retail client on outsourcing contract for development and population of lease database.
• Representing a bank in long-term lease of operations center (200,000 SF).
• Representing a financial institution in acquisition of data center site.
• Representing a financial services company in sale and short-term leaseback of existing headquarters, build-to-suit lease for new 200,000 square foot headquarters and related development incentives.
• Sales and purchases of dark and operating branch banking portfolios on behalf of a national bank, including development of templates for sale and acquisition transactions.
• Development of operations centers, including real estate tax abatement and related development agreement, utility agreements and construction contracts.
• Development of complete set of sales forms to facilitate corporate disposition of excess owned and leased retail banking facilities.
• Sale of downtown corporate headquarters site and leaseback of anchor position in new high-rise development.
• Sale of 29-story national bank headquarters, adjacent historic banking facility and separate 465,000 SF office building.
• Coordinating simultaneous review and analysis of surveys, title commitment and other due diligence materials for the simultaneous transfer of hundreds of properties in multiple jurisdictions.
• Review, abstracting and organization of real property asset records in multiple states for chemical company.
• Development of lease tickler system for biotech client with operations in multiple states and countries.
• Real estate tax exemption applications for non-profit entities.
• Real estate tax complaints on behalf of owners of commercial property.
• Representing tenant in connection with long-term credit tenant lease, concerning exercise of right to partial termination, substitution of assets and exercise of renewal rights.
• Representing a tenant in connection with credit-tenant lease concerning surrender obligations and related matters.
• Representing owners in obtaining real and personal property tax abatement agreements under Community Reinvestment Act and Enterprise Zone Program.
• Serving as Ohio counsel to European investor in $3.4 billion acquisition of percentage interest in Marcellus Shale oil and gas lease assets in Ohio.
• Representing a NYSE-listed REIT in a $300 million acquisition of nine regional mall properties located in five states.
• Representing a major financial institution in negotiation of amendment of 25,000 plus square foot downtown office space and sale of adjoining office/building and renewal of a major downtown office lease.
• Representing an investor regarding potential joint venture conversion of strip center into life style center.