Matters
- Advised a joint venture between a real estate development company and an alternative investment manager in connection with a $560 million mortgage and mezzanine loan secured by their 60-story newly delivered luxury residential building with 14,495 square feet of ground floor retail in Manhattan’s Hudson Yards neighborhood.
- Counsel to a private university in New York in connection with the refinancing of a $97.5 million mortgage for a 350-unit sustainable residential building located on Roosevelt Island. The property provides dedicated housing for students, faculty and affiliates of the university’s graduate school.
- Counsel to a New York City real estate developer and a real estate investment manager in connection with their $600 million recapitalization for a property in New York City. As part of the recapitalization, a leading investment manager, on behalf of its underlying limited partner, joined as equity partner, and funds managed by two additional investment funds provided $393 million in construction financing for the project. The eight-story, 400,000-square-foot property is being redeveloped into a life sciences building.
- Counsel to a leading global investment firm in connection with its $835 million financing for a 50-floor office building in New York City. The commercial mortgage-backed security financing was originated by Wells Fargo Bank, National Association, Goldman Sachs Bank USA and BMO Harris Bank, N.A.
- Counsel to a vertically integrated real estate private equity manager in connection with its joint venture with a private real estate investment firm and subsequently advised the joint venture in its $100 million financing and $122.5 million acquisition of a 230,000-square-foot tower in New York City.
