Representation of syndication agents or member banks, including in defaulting lender situations and in foreclosures

• Representation of a national bank, as agent for itself and other lenders, in regard to syndicated construction financing in the aggregate amount of approximately $147 million secured by a multi-use facility located within air rights over a former brownfield site in Metro Atlanta.
• Representation of a national bank, as agent for itself and other lenders, in regard to syndicated construction financing of high-rise multi-family rental properties with option for submission to condominium.
• Representation of a national bank, as agent for itself and other lenders, in regard to syndicated revolving and term loan facilities for a REIT secured by office properties in numerous jurisdictions.
• Representation of the lead lender in the workout and restructure of four separate non-cross-collateralized, non cross-defaulted mortgage loans, aggregating in excess of $350 million, with 15 borrowers having a common parent, secured by 15 multifamily apartment buildings in New York City, comprising over 1,000 units.
• Representation of the administrative agent in the workout of a $357 million first mortgage and mezzanine loan secured by a major landmark Chicago hotel, including negotiation with equityholders, mezzanine lenders, and co-mortgage lenders.
• Representation of the administrative agent in the restructure of a $220 million first mortgage loan secured by nine multifamily apartment building in New York City, comprising over 800 units, including extensive New York lien law considerations, and negotiations with co-lenders.
• Representation of a syndicate of lenders in connection with the construction loan financing of a mixed use facility designed ultimately to include office, hotel, retail, condominium and other uses – comm. Dev, env, tax.
• Representation of a lender (also the administrative agent for all of the lenders) in connection with secured term loans (as well as working capital financing) in connection with a leveraged recapitalization of the borrower.