Katherine C. Bissett

Partner

Overview

A commercial finance attorney on the firm’s Capital Markets Team, Katherine specializes in representing lenders and borrowers in all their real estate finance needs. 

Katherine has extensive experience steering and closing sophisticated and complex real estate finance transactions, including acquisition, bridge and construction financing, ground lease financing, mezzanine loans, revolving credit facilities, and secondary market transactions.  She regularly handles transactions throughout the United States, and her experience spans a broad spectrum of property types, including undeveloped land, hotel/resort, retail, commercial, and multifamily and mixed use projects.  She maintains a practical deal-making approach using her experience with asset management work (including loan modifications, assumptions, collateral substitutions, restructures and work outs) to add valuable perspective that takes into account the entire life of a loan.

Katherine received her J.D. from UCLA School of Law, where she was a founding member and Vice President of the Real Estate Law Association in connection with the UCLA Ziman Center for Real Estate.  Katherine was awarded the 2010-11 Jerry Patch Constitutional Law Award and was designated a member of the Order of the Coif.  She earned her B.A. in International Studies from Boston College.

Representative
Matters

Represented lender in the origination of, and subsequent modifications to, a $250 million loan financing the construction of a high-end hotel and condo project in Southern California. The transaction involved multiple borrowers, a ground lease and master lease structure, a condominium regime, as well as a third party hotel manager and franchisor.

Represented regional bank lender in a $76 million note-on-note financing, secured by the borrower’s interest in a $102 million mortgage loan secured by a luxury multi-family project in Miami, Florida.

Represented developer in obtaining loans totaling $154 million secured by a retail complex in Washington. The financing involved two lenders, and multiple borrower entities, as well as several ground leases and complex reciprocal easement agreements and other restrictions encumbering the property.

Represented lender in a $35 million mezzanine loan for the development of a multi-family project in Massachusetts, which was subject to affordable housing and development agreements.

Represented life insurance company as lender in a $140 million loan secured by multiple buildings in Chicago, Illinois, including a nationally flagged hotel. The property was subject to multiple ground leases, complex reciprocal easements and zoning agreements, numerous major leases and sponsorship contracts, as well as a third party hotel manager and franchisor.

Represented lender in the origination of a $140 million construction loan to build a hotel in Northern California, as well as the bifurcation of the loan into mortgage and mezzanine components and the sale of the mortgage loan. The planned construction involved a commercial condominium structure, as well as a phased purchase agreement imposing obligations on the borrower throughout construction. Also represented the mezzanine lender in subsequent modifications to the mezzanine loan.

Represented developer in obtaining a syndicated $240 million loan, secured by a luxury resort in California, which involved the negotiation of partial release provisions allowing developer to sell luxury condos during the loan term.

Publications &
Speaking Engagements

Publications

Tradition, Tips and Trends: Non-Recourse Carveouts in Real Estate Loans.  Los Angeles County Bar Association Real Property Section Review; August 2013.

Awards &
Affiliations

Awards & Recognition

  • The Best Lawyers in America: Ones to Watch, Real Estate Law, 2021
  • Southern California Rising Star, 2017-2020
  • Super Lawyers Up-and-Coming 50: Women Southern California Rising Stars List, 2019 

Professional Affiliations

  • Los Angeles County Bar Association (LACBA)  
  • UCLA Real Estate Alumni Group (REAG)

Bar and Court Admissions

  • State Bar of California
  • U.S. District Court for the Central District of California
  • U.S. Court of Appeals for the Ninth Circuit

Education

  • J.D., University of California, Los Angeles School of Law, 2011, Order of the Coif
  • B.A., Boston College, 2008, magna cum laude, phi beta kappa