Acquisitions | Dispositions | Joint Ventures

  • Represented local government agency with negotiations of a ground lease, development agreement and reciprocal easement agreement with a commercial developer for the construction and operation of a 1,000,000 square foot mixed-use transit oriented development on the client’s land, including office buildings, multi-family residential units, retail stores, a hotel and parking structures to complement a future metrorail station to be located on an adjacent parcel.
  • Represented private Chinese real estate investor and Chinese sovereign fund in $120 Million equity investment to finance the initial phase of a $1 Billion mixed-use development in Washington, D.C.  Assisted the client with the negotiation of a purchase and sale agreement, collateral assignments of contracts and permits and easement documentation. Coordinated due diligence review including title, survey, construction contracts, construction warranties and leases.
  • Represented a private trust in the acquisition of and related deed-in-lieu transaction of a mortgage loan and mezzanine loan in the aggregate amount of $102 Million secured by an office building in Chicago, Illinois.  We worked with the client post-acquisition to negotiate management, listing and leasing agreements for the operation of the asset.
  • Represented a Florida government agency with its acquisition of portions of more than 180,000 acres of agricultural land in Florida.  Originally structured as a $1.34 Billion transaction with a seven-year leaseback and subsequently restructured as a $500 Million deal.  The land purchase was the largest public land acquisition in Florida’s history and the single most important action to protect the Everglades since the designation of Everglades National Park 60 years ago.
  • Represented a large commercial real estate investor with the formation of a joint venture and subsequent purchase of a multi-family apartment building in Washington, D.C.  On behalf of our client, we (i) coordinated the due diligence efforts on the subject asset, including review of environmental and engineering reports, title, survey, leases and zoning matters; and (ii) negotiated the joint venture agreement, the conveyance documents and the management and leasing agreements.
  • Represented a large commercial real estate investor with its due diligence efforts and foreclosure purchase of 7.85 net usable acres of land (including four additional acres subject to reciprocal easement agreements) located in Illinois and improved by a 85,000 square foot retail strip center and 456 parking spaces.  Post-acquisition, we assisted our client with (i) its operation of the asset by negotiating tenant leases and asset management, property management and listing agreements; and (ii) securing future investors for the project by creating an investment venture and drafting related subscription materials.
  • Represented overseas private investor in dispute with partners in venture formed to develop a multi-phased retail center in Las Vegas, NV.
  • Represented a private Korean investor in the acquisition of Hanbo Steel Corporation involving over $500 Million in equity and debt acquisition and working capital financing.