$5M Sale of Industrial Park – Chantilly, VA
Represented owner in $5,175,000.00 sale of industrial park in Chantilly, Virginia.
$7M Shopping Center Loan – Frederick, MD
Represented a local development company in closing a $7,025,000.00 commercial loan secured by a retail shopping center in Frederick, Maryland.
Distressed Loan Acquisition and Modification – Wash, DC
Advised local lender in connection with the acquisition of a distressed loan secured by Northwest District of Columbia residential cooperative apartment complex. Negotiated loan acquisition from a regional bank, then negotiated and documented modification and extension of loan with borrower.
Commercial Property Sale – Hyattsville, MD
Tatusko Kennedy represented seller in the sale of light industrial property located in Hyattsville, Maryland, including the negotiation and closing of seller financing secured by the property.
Recapitalization/Refinancing – DC & VA
Tatusko Kennedy represented a national senior living owner/operator as special District of Columbia and Virginia counsel in the recapitalization and refinancing of a portfolio of six (6) senior living facilities.
$2.8M Land Acquisition – Montclair, NJ
Tatusko Kennedy represented purchaser, a nationwide real estate developer, in the $2,800,000.00 acquisition of undeveloped land in Montclair, New Jersey.
$5M Line of Credit – Merrifield, VA
Tatusko Kennedy represented a local property owner in the closing of a $5,000,000.00 line of credit secured by a fee interest in parcels of real property located in Fairfax (Merrifield), Virginia, currently leased under a long-term Ground Lease and improved by two (2) first-class 200+ unit multi-family and retail facilities.
Commercial Lease – Reston, VA
Tatusko Kennedy represented a nationwide digital imaging firm in the negotiation and closing of a 17,000 square foot lease for its headquarters in a Class A building in the Reston Town Center (Virginia).
$55M JV Membership Acquisition/Refinance
Tatusko Kennedy negotiated and closed the acquisition of a joint venture membership interest in a senior living facility located in Santa Monica, California and the simultaneous $55,000,000.00 cross-collateralized and cross-defaulted refinancing of the Santa Monica facility and a separate senior living facility located in Washington, D.C.
$6.5M Refinancing – Gardner Park, MA
Tatusko Kennedy closed a $6,500,000.00 refinancing of a senior living facility located in Gardner Park, Massachusetts, including the negotiation of lengthy loan documents intended for use in connection with the securitization of the loan into a commercial mortgage-backed security.