Brett D. Anders
James E. Bird
Michael A. Campbell
John T. Duncan III
Kraig M. Kohring
Christopher A. Ward
Banking and Financial Institutions
Commercial Mortgage Backed Securities
EB-5 Program – Fund, Real Estate and Investor Services
Federal Government Policy/Lobbying
Loan Enforcement and Creditors' Rights
Nonprofit Health Care Finance
Real Estate Finance
Tax Credit Finance
Tax Practice Financial Services
TO VIEW A MAP OF OUR COMMERCIAL MORTGAGE LENDING EXPERIENCE,
Polsinelli's Financial Services practice is recognized nationally for providing insightful and practical counsel to clients regarding all aspects of debt and equity financing. The firm has built a fully integrated approach to debt-related matters ranging from loan origination, servicing, sales and securitizations to financial restructuring, work-outs, loan enforcement, and bankruptcy. Our lawyers are ferociously dedicated to resolving problems quickly, efficiently, and creatively in a way that aligns with a client’s broader business goals.
Our practice combines its experience across several disciplines to serve clients’ debt financing needs, regularly representing lenders, borrowers, issuers, investors, debtors, creditors, and master and special servicers in all matters of financing. Our attorneys help connect clients with the regional, national, and international financial markets and products suited to achieve their unique business objectives. The practice represents lenders and borrowers in virtually every phase of a finance relationship. Transactions documented and closed by our attorneys include real estate and other commercial loans, equipment financing, securitization, asset-based lending, syndicated lending facilities, cash flow lending, and loans involving non-traditional collateral.
Our attorneys have partnered with loan originators, issuers, loan sellers and servicers on a national basis in all aspects of the CMBS market since the market’s earliest days, and we utilize that experience to deliver strategies that are legally seamless and fiscally sound. This comprehensive approach has led to the closing of more than 3,800 CMBS and real estate loans of more than $35 billion-plus in principal amount, the successful representation of loan sellers and servicers in more than 600 securitizations, and the enforcement of more than 1,700 commercial loans worth more than $4 billion in the past five years. In addition, we advise on traditional asset-based and covenant-based loans and on projects including:
CMBS conduit loans, bridge loans, mezzanine financing, warehouse loan facilities, repurchase agreements, loan syndications, loan participations, and other lending arrangements
Loan restructurings, workouts, enforcement actions, and bankruptcy and business reorganization matters
Corporate banking and related transactions
Loan sales and purchases and other portfolio transactions
Strategic alliances and joint ventures
Venture capital financing involving financial services companies
Securitization and structured finance
Tax credits and incentives
Financial Services has a broad range of practice areas and services, including:
Asset Based Lending
Banking and Regulatory
Bankruptcy and Financial Restructuring
Commercial Mortgage Backed Securities
Creditors Rights, Loan Enforcement and Creditor Bankruptcy Representation
Real Estate Finance
Securitization and Structured Finance
Tax Credit Finance
Represented a lender in a $51 million mortgage secured by 31 single tenant properties in Illinois and Indiana.
Represented a lender in a $196 million mortgage loan secured by an office building in Washington, D.C.
Represented a lender in a $95 million mortgage loan secured by a portfolio of 29 self-storage facilities in nine states.
Represented a lender in a $106 million mortgage loan secured by an office and retail facility in Florida.
Representation of a $24 million senior preferred equity investment in a limited liability company owning a 535-unit apartment complex located in San Diego, California.
Represented a lender in $19 million mezzanine financing secured by the membership interests in a limited liability company owning an office/data processing facility located in Phoenix, Arizona, credit tenant leased to a global financial services company.
Representation of a $9.3 million senior preferred equity investment in a limited liability company owning two residential apartments buildings located in Midtown Manhattan.
Represented a lender in a $15 million mezzanine financing facility secured by the membership interests in a limited liability company owning five retail properties acquired in a sale-leaseback transaction.
Represented a mortgage and mezzanine lender in a $53 million construction loan for conversion from an office to multi-family unit in Chicago.
Represented a lender in a $10 million mezzanine financing secured by the membership interests in a limited liability company owning an 85,000 square foot office condominium unit located within a major New York City landmark.
Represented a mortgage and mezzanine lender for a $33.95 million construction/conversion of boutique hotel, mortgage and mezzanine loan as well as A/B component in Portland, Oregon.
Representation of a $34 million combined mortgage and mezzanine loan with preferred equity component multi-property flex building portfolio.
Representation of lender in $258 million loan secured by portfolio of office, retail, and self-storage properties located in eight states.
Represented a national bank on a $80.5 million loan secured by 278,133 sq. ft. medical office building located in Bronx, New York.
Represented a private commercial real estate finance company on a $6.15 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built 327 unit Class A apartment complex located in Houston, Texas; $9 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built a 318 unit apartment complex located in Fort Worth, Texas; and a $8.25 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built a 120 unit apartment complex located in Denver, Colorado.
Represented the servicer in loan and intercreditor agreement modifications of $295 million in mortgage and mezzanine loans secured by a portfolio of 7 hospitality properties.
Closed a series of loans by a CMBS lender to a national hospitality REIT involving $110 million principal amount secured by 11 properties in seven states.
Represented the servicer in a combined $209 million defeasance involving multiple loans held in several different securitized loan pools.
Closed a $26.5 million loan for a bridge lender secured by a North Carolina office park.
Represented the preferred equity provider and mezzanine lender in connection with multiple construction loans.
Represented a group of lenders in connection with multiple modifications of a $1 billion plus loan structure involving eight separate loans secured by close to 200 individual properties.
Represented a CMBS lender in closing a $60 million loan on a retail center in Virginia.
Represented mortgage and mezzanine lenders closing combined loan amounts of $38 million secured by a New York City hotel.
Preferred equity provider’s counsel in connection with the origination of a $15 million senior preferred equity investment in a limited liability company acquiring 14 residential apartment buildings containing over 3,500 units located in Arizona, Texas, Oklahoma, Nevada, Maryland, Florida and Virginia subject to a $140 million restructured senior credit facility.
Closed $44 million loan secured by regional mall in South Carolina.
Represented the servicer in the assumption of a portfolio of 5 loans secured by student housing projects in three states, with modification of all loan documents to accommodate joint venture structure involving US and Canadian REITS.
Although the primary focus is lender representation, we also represent borrowers in loan transactions, including the recent representation of a borrower in obtaining loan secured by multiple properties located in Chicago.
Closed a $20 million loan for a balance sheet lender secured by seven industrial properties located in Michigan and Illinois.
Represented the servicer in multiple modifications of $150 million loan secured by an office building in Mexico City.
Closed a $75 million transaction secured by various hotel franchises, including multiple properties across multiple states.
Closed 16-property multi-state transaction secured by multiple office parks.
Closed an eight-property multi-state transaction secured by the multiple apartment complexes.
Closed a preferred equity transaction in connection with a construction project in California.
Closed a multi-advance loan for purposes of land acquisition transaction to be developed for residential subdivisions.
Assisted client with implementation of a mezzanine program in order to provide mezzanine loans to borrowers in addition to the senior mortgages being provided by the client.
January 2018: Lender's Edge Newsletter
U.S. Regulators Enter the FinTech Sandbox
Blockchain Technology: A Syndicated Loan Revolution?
Communicating Intent in Trading Documentation: Lessons from Stonehill
June 15, 2017
Special Report Reveals Outcomes in Single Asset Real Estate Chapter 11 Cases
Lender's Edge Newsletter
IRS Guidelines Provide Greater Flexibility to Nonprofit Borrowers
SEC Proposes Significant Alterations for Financial Obligation Disclosures for Governmental Issuers and Certain Nonprofit Organizations
March 21, 2017
Stars Align As Second Circuit Limits Orion
Second Circuit Finds Special Servicer's Repurchase Claim Barred by Statute of Limitations
Polsinelli Strengthens Securities & Corporate Finance Practice with Addition of New Shareholder Debbie Klis
November 26, 2017
Awards & Recognition
Polsinelli’s Real Estate Team Earns Top Recognition from U.S. News & World Report “Best Law Firms” Rankings And Announces Department Leadership Changes to Position for Continued Growth
November 2, 2017
Polsinelli Announces Leadership and Restructuring Changes
October 9, 2017
Dan Flanigan to Speak at the Global Private Equity Opportunities Forum in Beijing on May 20
May 19, 2017
Polsinelli Expands in Washington, D.C. with Addition of Three Shareholders
April 24, 2017
Fiduciary Duties Owed by Boards of Directors to Both Solvent and Insolvent Companies
March 16, 2016
Distressed Asset Sales Both in Bankruptcy and Out-of-Court Alternatives
February 12, 2015
Cyber: Turning the Threat Inside-Out
September 10, 2014
Defending the Castle Without Closing the Drawbridge: Staying Connected While Managing Legal Risk in the Digital Age
April 2, 2014
"The responsiveness to my questions makes me feel confident in Polsinelli's knowledge of my business; it’s much quicker because of how well they know the industry and my business."
— Polsinelli Client
© Polsinelli PC, Polsinelli LLP in California
All Rights Reserved