Sean Garahan is special counsel in Nixon Peabody’s Real Estate group. Sean represents local and national developers, investors, and owners in all aspects of commercial real estate transactions, including acquisitions and dispositions, development, construction, leasing, and financing.
I represent clients in real estate investment transactions for development and construction projects, including the structuring of joint venture agreements in connection with business formations to own, operate, and develop real estate assets. A well-structured joint venture is crucial to a venture’s operational success, and each joint venture transaction must be strategically tailored and coordinated to parties’ business and circumstances. The formation and structure of joint ventures incorporates key issues such as raising capital, choice of entity and jurisdiction, management structures, changes in management, capital call protocols, remedies for capital defaults, cost overruns, distribution waterfalls, preferred returns, provisions governing the transfer of ownership interests, dissolution, dispute resolution provisions, and exit strategies.
I have extensive experience representing both borrowers and lenders in complex real estate finance transactions in the origination of mortgage, mezzanine, CMBS, construction, and other subordinate financings. I have in-depth experience in all asset classes, including hotel, retail, office, multifamily, and industrial, with a particular focus on development and construction financing. I also have significant experience representing clients in the purchase and sale of subordinated and mortgage debt, including the negotiation of participation, intercreditor, and co-lender agreements. My restructuring and workout experience has included representing both borrowers, investors, subordinate lenders, senior and institutional lenders of commercial and securitized loans, distressed property sales, foreclosures, deed-in-lieu transactions, and UCC sales.
We will see a greater emphasis on the structuring of real estate joint ventures and a greater number of real estate workouts and loan restructurings.
Sean joined Nixon Peabody in June 2022. The representative work set forth below may reflect experience from prior firms.
Boston College, B.A., Political Science
New York Law School, J.D.
St. Johns University, M.A., International Relations and International Law and Diplomacy
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