Represented an equity investor in an office building in Georgetown (Washington, DC), who discovered that the general partner was engaged in financial irregularities.
Represented a limited partner in the negotiation of a partnership restructuring agreement involving a group of general partners for several properties who may have committed fraud. In the settlement, the general partners agreed to repay what the partnerships owed our client and transferred their limited partnership interests to our client.
Represented an investment company in a partnership restructuring where the parties shuffled certain partnership interests in several downtown Washington, DC, office buildings due to one partner’s alleged mismanagement and defaults under financing.
Represented the owner of a high-profile office/retail property in Washington, DC, in connection with a preferred equity investment of an affiliate of a large real estate investment company in the amount of $15 million.
Represented a hotel owner in connection with a preferred equity investment in the amount of $35 million.
Represented the seller of undeveloped land in the formation infusion of approximately $41 million.
Workout of joint venture and loan equity investments made by opportunity fund client.
Represented the seller of raw land to a developer who, after the transaction faltered due to unfavorable financing conditions, became a joint venture partner with the purchaser and contributed $40 million of preferred equity into the development venture in order to close the financing gap.
Represented the owner of a portfolio of ten hotels in connection with a recapitalization of the portfolio and the admission of a major joint venture/equity partner. This transaction included, among other things, complex issues relating to REIT laws, tax issues, loan restructurings and a variety of other issues not typically associated with a “typical” joint venture transaction
