Real Estate Finance

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.”
• Nixon Peabody has been named a Tier 1 National firm for Real Estate Law in the 2024 edition of Best Law Firms®.