Representation of Retail Shopping Center Owner – Maryland
Represented owner of retail shopping center in Takoma Park, Maryland on termination of an existing tenant’s lease and entry into new lease for 2,000 rentable square feet of alternative space.
Representation of Regional Senior Housing Developer
Represented regional senior housing developer in supplemental increase and final endorsement process for $37,000,000 HUD loan secured by new senior housing facility located in White Plains, New York.
Negotiation of Long Term Ground Lease
Represented national senior living developer/operator in the negotiation of a long term ground lease from a Southern California school district for the development, construction and operation of a planned assisted living facility.
Transfer of High-value DC Properties
Represented high net worth family in transfer of two high-value DC properties to estate planning family limited partnership, documented transfers and coordinated DC land record requirements.
$36M Recapitalization of Ownership
Represented regional developer in negotiation and closing of a $36,300,000 recapitalization of the ownership in two Leesburg, Virginia multi-family rental properties totaling 404 units, including negotiation and documentation of VHDA approval of assignment of ownership interests.
Acquisition of Senior Living Facilities – North Carolina
Represented national senior living investor in $47,250,000 acquisition of two facilities in North Carolina and placement of $17,250,000 loan and $16,000,000 loan.
Refinance of $73.1M Loan – Arlington, Virginia
Served as borrower’s Virginia counsel on the refinance of a $73,100,000 loan secured by a luxury rental apartment project located in Arlington, Virginia.
$28.5M Senior Living Facility Acquisition/$16.4M Securitized Loan – Florida
Represented purchaser in $28,500,000 acquisition of senior living facility in Florida and related assumption of $16,400,000 securitized agency loan.
$65M Senior Living Facilities Acquisitions/$46M Loan/Joint Venture Negotiation – Oregon
Represented regional senior living company in acquisition of four senior living facilities in Oregon with overall value of $65,000,000, including closing financing of approximately $46,000,000 and negotiation of a new joint venture agreement with private equity investor.
$69M Recapitalization/$34M Fannie Mae Loan Assumptions – Oregon & Montana
Represented regional senior living company in recapitalization of senior living facilities located in Oregon and Montana in which new institutional investor redeemed interest of private investment group based on overall valuation of $69,000,000, including assumption of Fannie Mae financings totaling $34,000,000.