Our Transactions

Acted as financial advisor to the principal equity investor and led a team that restructured the largest owner and operator of extended stay hotels in North America.

Evaluated strategic recapitalization alternatives for the second largest factory outlet mall operator in the US. The company owned a portfolio of 22 factory outlet malls located in 16 states. Completed the acquisition of a minority partner interest in the company on behalf of a private REIT. Evaluated recapitalization alternatives, including raising project-level equity, entity-level equity, IPO or sale of the company. The company was ultimately sold to the largest shopping center REIT for $2.3 billion.

Represented a group of homeowners in the successful restructuring of a condominium hotel project. Negotiated a $20 million settlement of class action litigation with a major financial institution.

Evaluated recapitalization alternatives for a public REIT that owned a $500 million portfolio of office properties.

Completed the restructuring of a portfolio of 17 hotels with $170 million of secured debt, including conveying the collateral properties to the senior lender and obtaining the release of a $16 million personal guaranty issued by the borrower’s key principal.

Completed a valuation of a private REIT that controls a $2 billon property portfolio, including 5,000 apartment units.

Advised a NYSE-listed property company in the divestiture of a $2.5 billion regional mall portfolio in a complex transaction involving 20 separate restructurings and sales of regional malls to two of the largest US mall REITs.

Co-founder of mortgage origination platform that underwrote, closed and managed 40 new first mortgage bridge loans secured by commercial properties.