Jenner & Block’s market leading Real Estate Transactions team partners with clients across every facet of real estate transactions, including highly complex and sophisticated deals, and those crossing jurisdictions and borders.
With experience sitting on both sides of the table—representing borrowers and lenders, buyers and sellers, developers and investors, and landlords and tenants—our attorneys have helped clients weather numerous real estate boom and bust cycles. We also have extensive experience structuring and closing acquisitions and dispositions, finance and private equity transactions, corporate and institutional real estate transactions, and real estate securities transactions.
Experience
- Represented Gulfstream Aerospace Corporation in connection with two synthetic lease transactions, which are both ground lease and development deals with third party financing: one is occurring at the Phoenix-Mesa Gateway Airport and the other at the Savannah/Hilton Head International Airport.
- Represented Wolf Point Hotel Company in connection with navigating various COVID-19 related issues, negotiating and closing a loan modification and the ultimate sale of the Holiday Inn Mart Plaza located in downtown Chicago. The matters involved various complex issues, including, restructuring a ground lease and addressing union related issues as the loan matured.
- Negotiated the purchase agreement and handled the sale of an industrial facility and land in New Jersey, with a history of environmental issues. We provided environmental and FDA due diligence, negotiated deed restrictions and other covenants, negotiated the stock purchase agreement, and provided guidance on ISRA compliance.
- Represented InvenTrust Properties Corp. in its headquarters relocation and lease negotiation, and in on-going leasing, acquisition, and disposition matters across the country. InvenTrust is the owner and manager of 66 retail properties across the United States, with an asset value of $3 billion.
- Represented Cantor Fitzgerald in connection with the acquisition and financing of a newly constructed one million square foot warehouse in Livonia, Michigan, which was simultaneously leased to Amazon.
- Represented the developer in the redevelopment and sale of four hotels and adjacent commercial property valued at approximately $200 million in Key West, Florida.
- Represented the Chicago Hard Rock Hotel in a complex refinancing involving a tax credit ownership structure and Tax Increment Financing on behalf of the owner.
- Represented the seller of the Paramount Hotel in Manhattan, Times Square for $189 million.
- Represented Equity Residential in connection with the development of a mixed-use high-rise project in New York City involving multi-family, condominium, and retail components, including the negotiation of a complex joint development agreement with the condominium developer.
- Represented the University of Illinois in connection with its development of a science institute at The 78, a mixed used development in Chicago that will include a new CTA stop.
- Represented a special servicer for non-performing CMBS loans, including, one secured by a portfolio of 10 hotel properties located in the Midwest, one secured by a shopping center in Cleveland, Ohio and one secured by a corporate campus in New York.
- Represented Fifth Third Bank in the negotiation and documentation of a $21.4 million loan for the construction of a medical office building and related improvements in Texas; in the negotiation and documentation of a $20.35 million construction loan secured by a leasehold mortgage for the construction of a medical office building and related improvements in South Carolina; and inthe negotiation and documentation of a $10 million loan for the construction of a medical office building in South Carolina.
- Represented Tishman Speyer in connection with the development of an office building located in the Fulton Market area in Chicago, IL.