Overview

Simone is a partner in the Real Estate practice group. She focuses primarily on commercial real estate and finance transactions and has significant experience in multilender syndicated, mezzanine and construction financings. Simone has represented lender clients in thousands of middle-market financings throughout the country, closing over $500 million in multifamily, industrial, retail, office and commercial asset transactions in just the last two years. She also advises lending institutions on loan purchases and sales, loan restructures and modifications.

In addition, Simone advises companies with large real estate portfolios on all aspects of commercial real estate, including negotiating leases and lease-related agreements on behalf of landlords and tenants, representing sellers and buyers in acquisition and disposition matters, and counseling clients through property and facilities management issues and disputes.

Simone also represents international and domestic prime operators and Airport Concession Disadvantaged Business Enterprises (ACDBEs) in structuring joint venture agreements and advises women- and minority-owned business in successfully preparing and submitting ACDBE certification applications.

Experience

Some representative examples of Simone’s experience include:

Commercial Real Estate Finance

  • Representing a lead arranger/administrative agent in a syndicated $94 million multiphase construction loan for a residential/commercial development project in Minnesota.
  • Representing a lead arranger/administrative agent in a syndicated $80 million construction and acquisition loan financing for a tri-flag hotel/residential/commercial development project in Illinois.
  • Representing a lead arranger/administrative agent in a syndicated $70 million construction and acquisition loan financing for a residential/commercial development project in Illinois.
  • Representing a lead arranger/administrative agent in a syndicated $53 million construction and acquisition loan financing for a residential/commercial development project in California.
  • Representing a lead arranger/administrative agent in a syndicated $45 million acquisition and construction loan financing for a student housing development project in Illinois.
  • Representing a lead arranger/administrative agent in a syndicated $42 million acquisition and construction loan financing for a residential/commercial development project in Illinois.
  • Representing a borrower in $43 million construction loan for a multifamily development in Florida.
  • Representing a lead arranger/administrative agent in a syndicated $27 million construction loan for a multifamily development in Utah.
  • Representing a lead arranger/administrative agent in a syndicated $24 million pre-construction financing for a historical landmark retail development in Illinois.
  • Representing a lead arranger/administrative agent in a syndicated $22 million pre-construction financing for an industrial site in Washington, D.C.
  • Representing a lead arranger/administrative agent in a syndicated $19 million construction and acquisition leasehold financing for a commercial development project in Illinois.
  • Representing a lender in a $15 million acquisition and construction financing for a student housing development project in North Carolina.
  • Representing a lead arranger/administrative agent in a $13 million acquisition financing for a residential/commercial development project in California.
  • Representing a lender in a $12 million construction and acquisition financing for a residential/commercial development project in California.
  • Representing a lender in a $12 million acquisition and construction financing for a student housing development project in Arizona.
  • Representing a lead arranger/administrative agent in a syndicated $11 million acquisition and construction loan financing for a residential/commercial development project in Kansas.

Commercial Real Estate

  • Representing a NYSE/S&P 400 company in the management of a real estate portfolio of over 150 domestic and international properties (acquisitions, dispositions, lease administration, property and facilities management).
  • Representing a leading international food production company in the $35 million disposition of manufacturing plant and surrounding industrial real estate.
  • Representing a buyer in a $75 million acquisition of multifamily residential complex in Florida.
  • Representing one of the largest medical districts in the country in multiple leasing and ground leasing transactions.

Commercial Financing

  • Representing a lender in a $40 million revolving credit refinancing for business assets.
  • Representing a lender in a $30 million revolving credit refinancing for business assets.
  • Representing a lender in a $10 million revolving credit refinancing for business assets.
  • Representing a lender in a $5 million revolving credit refinancing for business assets.

Airport Concessions

  • Representing an international retail company in the negotiation of concession agreements and exclusive vendor and branding contracts.
  • Representing a food manufacturing company in connection with its certification applications and renewals across the country.
  • Managing certification portfolios for food concessions operators across the country.
  • Successfully representing a food and beverage concessions operator in its appeal of decertification.
  • Negotiating and structuring joint venture agreements and relationships for prime operators and DBE companies.
  • Preparing a request for proposal for a duty-free procurement opportunity at LAX.
  • Representing a specialty retail company in its successful disposition of assets to a private equity company.
Publications
  • “Illinois Appellate Court Upholds ‘Subject Matter Waiver’ of Attorney Client Privilege,” International Council of Shopping Centers, 2012
Distinctions
  • "Notable Rising Stars in Law," Crain's Chicago Business, 2021
  • “Notable Minorities in Accounting, Consulting & Law,” Crain’s Chicago Business, 2020
  • Illinois Emerging Lawyer in Real Estate: Commercial and Finance, and Secured Transactions, Law Bulletin Media’s Leading Lawyers, 2019-2020
  • “Simone Randolph, Creating a Name Through Complex Deal Successes,” Leading Lawyers Real Estate, Construction & Environmental Edition, January 2020
  • Leading Lawyers, 2018 and 2019
  • LCLD Fellow, 2021
  • LCLD Pathfinder, 2016
Professional and Civic

Professional Activities

  • Women’s Bar Foundation, Board Member

Community Activities

  • Chicago Loop Alliance, Executive Board Member and Secretary
News