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    1. Home
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    5. Real Estate FinanceReal Estate

    Real Estate Finance

    We help clients structure, negotiate, and close complex real estate investment finance transactions that will satisfy their business goals and carry them into the future.

    Overview

    We structure and negotiate complex real estate and financing deals for some of the world’s largest financial institutions, private equity funds, and investors. Our team handles billions of dollars in loan originations, restructurings, and workouts, advising clients on transactions involving secured lending, commercial lending, financing, credit enhancement, asset management, investment strategies, and acquisitions and disposition of loan portfolios.

    Our practice encompasses all forms of secured debt, including bridge, acquisition, construction, and permanent financing secured by fixed and floating rate mortgages, mezzanine debt, and fee and leasehold mortgages. The team’s extensive experience in secured real estate finance differentiates us as a market leader.

    Representative Experience

    • Major Life Insurance Company: Represented as co-lender in an aggregate $1 billion loan secured by approximately 87 shopping centers containing “Market Basket” supermarkets located in Massachusetts, New Hampshire, and Maine
    • Special Servicer in the Restructuring of a Securitized Loan: Represented the loan in the original principal amount of $70 million; loan secured by office building located at 1515 Market Street in Philadelphia and bifurcated into an A component and a B component—the latter subordinate to a preferred equity investment made by affiliates of Oaktree Capital Management, L.P., a global investment management corporation
    • Special Servicer J.E. Robert Company, Inc.: Served as lead counsel in workout negotiations involving a $195 million securitized senior loan secured by five furniture mart properties located in High Point, North Carolina; representation also included the sale of the properties, modification of the senior loan, and assumption of the loan
    • New York Life Insurance Company and Teachers Insurance Annuity Association of America: Represented co-lenders in the origination of a portion of a $590 million refinancing of commercial condominium property located at 717 5th Avenue, New York City—New York Life and Teachers funded $300 million of the refinancing as a senior mortgage loan, and an affiliate of Deutsche Bank funded the remaining $290 million as a mezzanine loan

    Recognition

    • Chambers USA has ranked members of our team, with clients praising our “attention to detail, deep knowledge, responsiveness, and great value.”

    The current market holds many opportunities for strategic real estate investors, developers, and lenders. Repurposing existing buildings and assets for new and creative uses is just one of the successful models we’re pursuing with clients.

    Ian T. O'BanionCounsel, Affordable Housing and Real Estate

    Our Team

    See Full Team
    • Colette A. Dafoe

      Office Managing Partner
      • Washington Dc
      • Office:202.585.8393
      • cdafoe@nixonpeabody.com
      Colette A. Dafoe
    • Lori A. Bowman

      Partner
      • Rochester
      • Office:585.263.1638
      • lbowman@nixonpeabody.com
      Lori A. Bowman
    • Christopher R. Froeb

      Partner / Practice Group Leader, Real Estate & Affordable Housing
      • Boston
      • Office:617.345.1137
      • cfroeb@nixonpeabody.com
      Christopher R. Froeb
    • Justin X. Thompson

      Partner
      • Los Angeles
      • Office:213.629.6142
      • jthompson@nixonpeabody.com
      Justin X. Thompson
    • Sean Garahan

      Special Counsel
      • New York
      • Office:212.940.3014
      • sgarahan@nixonpeabody.com
      Sean Garahan
    • Ian T. O’Banion

      Partner / AIA / LEED®AP
      • San Francisco
      • Office:415.984.8313
      • iobanion@nixonpeabody.com
      Ian T. O’Banion
    See Full Team

    Insights And Happenings

    • Event

      Novogradac 2023 Affordable Housing Conference

      April 26, 2023
    • Press Release

      Nixon Peabody advises on high-impact senior and arts-focused affordable housing

      Jan 30, 2023
    • Speaking Engagement

      CREFC Conference

      Jan 8, 2023

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