REA L ES TATE PRACTICE

Transcription

1 REA L ES TATE PRACTICE CHI C AG O LO S AN GE LE S NE W YO R K WAS H IN GTO N, D C

2 Our attorneys have experience in nearly every facet of real estate transactions and are skilled at handling the most complex and sophisticated deals. We have helped clients weather numerous real estate boom and bust cycles and have gained perspective from sitting on both sides of the table, representing borrowers and lenders, buyers and sellers, and landlords and tenants. Jenner & Block has been listed among the leading firms for real estate in the Chambers USA Client Guide every year since 2004.

3 REAL ESTATE PRACTICE ACQUISITIONS AND DISPOSITIONS Our attorneys regularly handle acquisitions and dispositions in multiple-property transactions, single asset projects, and equity investments in real estate. We understand that the objectives of our clients in each transaction vary widely and that each transaction must be effectively tailored to meet the client s requirements. As a result, our extensive experience in structuring, negotiating and documenting all types of real estate transactions enables us to find innovative means to meet our clients goals and objectives for each of their transactions. GE Asset Management Representing GE Asset Management (the advisor for the General Electric Pension Trust) in connection with the sale of three office towers located in downtown Chicago. DONALD I. RESNICK REAL ESTATE PRACTICE CHAIR dresnick@jenner.com BEST LAWYERS IN AMERICA, CHAMBERS USA REAL ESTATE (IL), ILLINOIS SUPER LAWYERS REAL ESTATE TRANSACTIONS, LEGAL 500 REAL ESTATE AND CONSTRUCTION: REAL ESTATE: CENTRAL, 2010 REAL ESTATE AND CONSTRUCTION: IL, 2009 ILLINOIS: TRANSACTIONS AND FINANCE,2008 General Dynamics Represented Electric Boat Corporation, a General Dynamics subsidiary, in connection with the acquisition of a four building, 750,000 square foot office complex located in New London, Connecticut. Mesirow Financial Represented a Mesirow Financial real estate fund in the acquisition of multi-family housing, including the negotiation of new financing and the assumption of existing financing DEVELOPMENT AND CONSTRUCTION Our development and construction practice, which includes lawyers from our real estate and construction litigation practices, represents owners, developers, contractors, subcontractors and architects on matters ranging from transactions to litigation and alternative dispute resolution. We have worked on construction projects of all kinds, including complex mixed use developments involving residential, hotel, retail, commercial and/or industrial components, build-to-suit projects and public works projects. We represent owners and developers in all facets of the development process, including land acquisition, planning the appropriate structure for the development and negotiating and documenting the development, design and construction agreements for the project. GE Asset Management Represented an affiliate of GE Asset Management in the development of the 2520 North Lakeview condominium tower in Chicago, including the negotiation of the development agreements and the design and construction contracts for the project. Mutual of Omaha Represented East Campus Realty, an affiliate of Mutual of Omaha, the owner and developer of Midtown Crossing, an approximately 1 million square foot mixed use condominium, apartment, hotel and retail development located in the Midtown area of Omaha, Nebraska. We prepared and negotiated the development agreement and the design and construction agreements for the project. Equity Residential DONALD S. HORVATH PARTNER dhorvath@jenner.com ILLINOIS SUPER LAWYER REAL ESTATE TRANSACTIONS, 2006 Representing Equity Residential in connection with the development of a mixed-use high rise project in New York City involving multi-family, condominium and retail components, including the negotiation of a complex joint development agreement with the condominium developer.

4 MICHELLE M. MCATEE PARTNER ILLINOIS SUPER LAWYERS RISING STAR 2011 & 2012 LEASING We represent and advise both landlords and tenants on the full spectrum of commercial leasing transactions, including preparing, negotiating and reviewing office, ground, industrial and retail leases, as well as other types of occupancy agreements relating to land, buildings and space. We also represent clients on more specialized leases such as wind farm leases, airport ground leases, air rights leases, build-to-suit leases for specialized manufacturing facilities and ground leases with complex accompanying reciprocal easement structures. Acco Brands Represented ACCO Brands, a $1.3 Billion public company with respect to a lease for its new headquarters, which was the largest office lease in suburban Chicago in GE Asset Management Representing GE Asset Management in connection with all of its leasing needs in metropolitan Chicago, including 4 major downtown office buildings. Takeda Represented Takeda Pharmaceutical Company in connection with the lease from Abbott Laboratories of the former headquarters facility of TAP Pharmaceutical Products in Lake Forest, Illinois. Citadel Center Represented Prime Group Realty Trust in connection with the construction, development, leasing and sale of Citadel Center, Chicago. WORKOUTS AND RESTRUCTURING We represent our clients in connection with the financing on their deals in both the good times and the challenging times. In challenging times, when a property fails to perform as expected and a loan default exists or is imminent, we counsel our clients regarding their options; assist them in communications with investors, lenders, servicers and other third parties such as franchisors; and negotiate and document loan workouts and restructurings. RONALD B. GRAIS OF COUNSEL rgrais@jenner.com LEADING LAWYERS NETWORK LAND USE, ZONING & CONDEMNATION LAW, REAL ESTATE LAW: COMMERCIAL, REAL ESTATE LAW: FINANCE, Joseph Freed & Associates Represented Joseph Freed & Associates in connection with protracted loan workout and subsequent litigation involving the Block 37 retail project located in downtown Chicago. Rally Capital Services, LLC Represented receiver of a high-rise condominium project in River North. At the time our client was appointed, 154 units were incomplete and unsold. Over the course of two years, we renegotiated construction contracts to permit completion of construction, worked out a series of mechanics liens and construction claims and amended the condominium documents to coincide with building as constructed. We assisted our client in more than 100 individual unit sales and negotiated a note sale. Throughout the foreclosure process, we represented the Receiver in monthly Chancery Division hearings, which the Judge anointed as his most successful foreclosure matter. Represented receiver of a 750,000 SF suburban shopping center. During the course of the receivership we have assisted our client in the sale of outlots, and lease of shop spaces with national and local retail tenants. We have assisted in the implementation of a Special Service Area Agreement among the developer, the municipality and the Big Box owners of lots within the shopping center.

5 REAL ESTATE PRACTICE CORPORATE REAL ESTATE SERVICES We represent a broad spectrum of corporate America from the country s largest corporations to small and middle size companies on all of their real estate needs. Our corporate clients utilize our real estate experience in acquisition, development, leasing, financing and construction in all asset classes, including manufacturing facilities, warehouses and headquarters facilities, office buildings and retail. Our corporate services transactions involve multi-state and international assets and we work with our clients and their in-house teams to provide sophisticated legal support for such deals. We also assist corporate clients in developing their corporate real estate strategy. General Motors Company Represented General Motors Corporation in connection with its 2009 sale of substantially all of its assets, including the transfer of substantially all of its real estate, to a new entity sponsored by the U.S. Treasury, as part of a sale process under Section 363 of the United States Bankruptcy Code. General Dynamics VITO M. PACIONE OF COUNSEL vpacione@jenner.com On-going representation of General Dynamics Corporation and its subsidiaries in connection with numerous real estate matters, including sale and acquisition of real estate, leasing and other real estate services transactions. REAL ESTATE SECURITIES PRACTICE As one of the nation s leading real estate securities practices, our experienced team of tax, real estate, securities, corporate, finance, ERISA and environmental law attorneys provides comprehensive guidance regarding all aspects of traditional real estate investment vehicles (using partnerships and limited liability companies), tax deferred real estate investment vehicles (using tenant-in-common arrangements and Delaware Statutory Trusts designed to satisfy the like-kind exchange requirements of Code Section 1031), and Real Estate Investment Trusts ( REITs ). STEVEN R. MEIER REAL ESTATE SECURITIES PRACTICE CO-CHAIR smeier@jenner.com LEGAL 500 TAX - DOMESTIC TAX: CENTRAL, 2011 Inland Private Capital Representing Inland Private Capital with respect to private placements involving its real estate investment programs, including 1031 exchange offerings. Program types are widely varied, and include (i) single property and multi-property offerings, (ii) debt free and leveraged real estate, and (iii) retail, office, commercial and multi-family property types, including properties with single or multiple tenants. Covington Realty Partners, LLC Represented Covington Realty Partners LLC with respect to its securities offerings of real estate investment programs. Almost all such offerings use a Delaware Statutory Trust as the investment vehicle. Program types are widely varied, and include (i) single property and multi-property offerings, (ii) debt free and leveraged real estate, and (iii) retail, office, commercial and multi-family property types, including properties with single or multiple tenants. Inland Group of Companies Represented The Inland Group of Companies, Inc. with respect to: (i) the formation and offering of interests in a blind pool real estate opportunity fund, and (ii) a targeted asset real estate investment fund. Also represented Inland in connection with REIT internalization transactions. Grubb & Ellis Company Represent Grubb & Ellis Company in the disposition of its real estate investment program sponsor subsidiary, Daymark Realty Advisors, which included the former NNN Realty Advisors business, to a joint venture controlled by Sovereign Capital Management Group and Infinity Urban Century. DONALD E. BATTERSON REAL ESTATE SECURITIES PRACTICE CO-CHAIR dbatterson@jenner.com LEADING LAWYERS NETWORK MERGERS & ACQUISITIONS LAW, PUBLICLY HELD CORPORATIONS LAW, SECURITIES & VENTURE FINANCE LAW, LEGAL 500 MERGERS, ACQUISITIONS AND BUYOUTS: M&A: MIDDLE MARKET, 2010

6 JOSEPH G. BISCEGLIA REAL ESTATE AND CON- STRUCTION LITIGATION PRACTICE CHAIR BEST ATTORNEY S NETWORK COMMERCIAL/BUSINESS LITIGATION LAW, BEST LAWYERS IN AMERICA CHAMBERS USA CONSTRUCTION (IL), ILLINOIS SUPER LAWYER CONSTRUCTION LITIGATION, TOP 100 ILLINOIS SUPER LAWYERS, 2009 REAL ESTATE AND CONSTRUCTION LITIGATION We combine extensive litigation experience and a thorough knowledge of the construction and real estate industries to help clients resolve complex problems and develop cost-effective solutions. Our attorneys have represented members of the real estate industry in some of the most complicated and significant real estate-related litigation across the country. City Of Chicago Represented the City of Chicago in litigation stemming from construction defects and overruns on projects at O Hare International Airport, and the flooding of Chicago s underground tunnels that involved complex contracting and construction issues relating to both the underground tunnels and the affected buildings. Represented the City of Chicago in litigation involving alleged engineering, design, and construction errors relating to an over $200 million renovation at O Hare International Airport. Chicago Transit Authority Represented the Chicago Transit Authority regarding construction delay and disruption issues in litigation arising out of a $100 million bus contract. Steel Mill Construction Represented the owner in a broad-based litigation dispute with a general contractor relating to construction of a $350 million steel mill in the Chicago area. FINANCE AND PRIVATE EQUITY On a national scale, we represent both lenders and borrowers in all types of mortgage and secured and unsecured lending transactions, including construction and permanent financing, revolving and term financing, mezzanine financing, syndicated financing with participations, Delaware Statutory Trust and tenant-in-common financings, synthetic leasing and other forms of project financing. General Motors Company Represented General Motors Company in obtaining a $5 billion secured revolving credit facility. FRANK J. EICHENLAUB PARTNER feichenlaub@jenner.com ILLINOIS SUPER LAWYERS RISING STAR 2011 GE Asset Management Represented GE Asset Management in connection with numerous joint ventures with various development partners involving multi-family, condominium and office projects. Represented an affiliate of GE Asset Management in the procurement of a loan from a foreign bank for the development and construction of a luxury, high-rise residential condominium project in the Lincoln Park neighborhood of Chicago, which is scheduled to be completed in mid The construction loan involved the negotiation of a note purchase agreement by the pension fund as further security for the borrower s obligations under the loan.

7 REPRESENTATIVE CLIENTS Behringer Harvard Chicago Central Area Committee Chicago Union Station Company Colliers International Crain Communications Inc. The Elgin Co. Equity Residential FLIR Systems, Inc. Friedman Properties, Ltd. General Dynamics Corporation GE Asset Management Incorporated General Electric Pension Trust General Motors Geyser Holdings LLC Harpo, Inc. Healthcare Development Partners Honeywell International Inc. Hubbard Street Dance Co. Inland Real Estate Corporation J.L. Woode Ltd. Joseph Freed & Associates Jupiter Realty Company LLC Klaff Realty, LP Mesirow Financial Real Estate Services Millennium Park, Inc. Mutual of Omaha Insurance Company National Railroad Passenger Corporation Novascent Partners LLC ORIX Real Estate Capital, Inc. Preferred Equities, LLC Prime Group Realty Trust ProBuild Holdings Inc. Rally Capital Services, LLC Sara Lee Corp. Sears, Roebuck and Co. Tucker Development

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