Experience
Banks, investment firms, and non-traditional lenders in connection with loan originations, modifications, and refinancings throughout the United States involving a variety of asset types, include multifamily and office properties.
A foreign investor in the sale of multiple commercial office buildings in New York and Washington, D.C., with sale prices ranging from $120 million to $450 million.
An investment manager in connection with a $30 million equity investment in a joint venture for the recapitalization and repositioning of a commercial office park in Orlando, Florida.
A foreign investor in the acquisition of a $500 million office building in Washington, D.C.
A foreign investor in the acquisition of membership interests in a joint venture involved in the development of a net-leased life sciences building under construction in Boston, MA.
A Fortune 500 company in connection with the sale of surplus property in New York to a public logistics property company.
A client in the purchase of membership interests in a joint venture involved in the acquisition and development of a 60-story condominium building on 5th Avenue in New York City. Subsequent financing for the project was completed with a $269 million bank construction loan and $100 million preferred equity investment from an Asia-based developer and investor.
A client in a joint venture for the acquisition, development, and construction financing of a master planned urban regeneration project on over 14 acres in the River South area in Chicago. The project consisted of public improvements and eight buildings and over 3,750 condominium, townhome, and multifamily residences. Tom also represented the client in the subsequent dissolution of the joint venture, leading to a split of assets in the overall development.
A commercial bank in connection with various notes sales, including a $100 million loan secured by a hotel near Penn Station, NYC.
An institutional developer in connection with the buy-out of a preferred equity partner and negotiation with the project lender for a forbearance and loan modification on a project in NYC.
A commercial bank in connection with a forbearance agreement and deed in lieu of foreclosure relating to an office building in Boston, MA.
A commercial bank in the negotiation of a loan modification and extension on a residential development in NYC.
An institutional lender in connection with a complicated construction loan modification and extension for a commercial development in Brooklyn, NY.
A mall developer/operator and life insurance company investor in connection with a deed in lieu of foreclosure of a $100 million loan on a regional mall in Virginia.
Managed the negotiation, documentation, and closing for a developer of large-scale public private partnerships (PPPs) involving the development, construction, and long-term management of military housing units on military bases for the U.S. Department of Defense (Army, Navy, Marines, and Air Force). Successfully closed 14 separate housing privatization projects in multiple phases, with a total of over 40,000 housing units on 28 military installations and the only privatized lodging program within the DoD, consisting of over 12,000 lodging units on 40 Army installations located in 24 states.
Negotiation of purchase and sale agreements for the sale of membership interest in SPE entities involved in the acquisition and development of solar renewable energy projects.
The purchaser in connection with the acquisition of a telecommunications tower developer from a private equity-owned railway operator.
The purchaser in connection with the acquisition of a real estate development and management company specializing in the development, construction, and long-term leasing of medical office buildings (MOBs).