Charles B. Ferguson, Jr.
Chip’s practice involves a wide variety of commercial real estate transactions, including the acquisition, financing, and leasing of real property, condominium conversions, financing transactions, and related corporate matters. His experience includes the acquisition, ground leasing, and sale of individual properties (hotels, senior living facilities, office buildings, and shopping centers), as well as multi-state portfolio purchases. Chip also has extensive experience in leasing transactions, including space leases, restaurant leases, and retail leases, and in assisting developers in establishing both vertical and horizontal condominium regimes and similar property reconfigurations.
Chip’s real estate financing work includes representing borrowers and lenders in commercial transactions in a variety of structures totaling over $3 billion. These financing transactions include acquisition loans, construction loans, mezzanine loans, take-out financing, refinancings, loan restructurings, entity restructurings, and other financing vehicles. Chip’s corporate experience representing public and private companies includes mergers, equity acquisitions, reorganizations, joint ventures, and a public offering.
Chip’s recent representative matters include:
- Initial public offerings and related mergers for a REIT that holds an indirect interest in over 130 hotel properties.
- Both mezzanine and mortgage financing in connection with the acquisition of a 760-room hotel in Manhattan.
- Acquisition of and take-out financing for a 360-suite convention center hotel in Tampa, Florida.
- Acquisition of a 100-asset portfolio consisting of hotels located in 10 states.
- Restructuring loans totaling $111 million in principal and cross-collateralizing the security for such loans among properties located in five states.
- Convertible equity financing, refinancing, and restructuring of financing related to a Mexican resort hotel.
- Conversion of an 18-acre office park into a hybrid vertical and horizontal condominium regime.
- Sale of a 22-asset portfolio consisting of hotels located in 12 states.
- Acquisition of a 280-room luxury hotel in Manhattan.
Prior to joining Arent Fox, Chip was an associate at a boutique business law firm in Bethesda, Maryland. Before that, he practiced law in the Charlotte, North Carolina office of a national firm. In addition, Chip previously assisted in drafting the implementing regulations for the Georgia Regional Transportation Authority and interned for both Justice Hugh Thompson of the Georgia Supreme Court and the Honorable John Warner of the US Senate.