Kevin J. Crabtree

Partner

Overview

Purchase And Sale Transactions

Kevin’s clients rely on his ability to efficiently structure, negotiate and close the purchase and sale of commercial real estate assets, including both direct sales and entity level transfers. His practice focuses on transactions involving office, industrial, retail, hotel and multifamily properties.

Joint Venture Transactions And Related Workouts

Kevin represents investment funds and other capital allocators, as well as developers, operating companies and other investment sponsors, who seek his counsel with respect to their joint ventures. He is experienced in analyzing, structuring and negotiating a wide range of joint venture transactions, including those relating to the acquisition, recapitalization, ownership and development of all types of real estate assets. His clients also rely on him to develop and implement joint venture workouts and restructures of all types and to assist in the enforcement of remedies under joint venture agreements.

Financing Transactions And Related Workouts

Kevin’s practice includes negotiating, documenting and closing complex real estate secured financing transactions. He has successfully completed numerous loan assumption, property substitution, loan defeasance and other similar transactions for his clients. His clients also seek his advice in structuring, negotiating and implementing loan modifications, workouts and restructures of all types.

Representative
Matters

Purchase And Sale Transactions

Represented Angelo, Gordon & Co. in the acquisition of 220 Post Street, a five-story plus lower level flagship retail building situated in the heart of San Francisco’s Union Square shopping district.

Represented Angelo, Gordon & Co. in the acquisition of Hamilton Plaza, a 350,000-square-foot office project located at 900-910 E. Hamilton Avenue in Campbell, California.

Represented Angelo, Gordon & Co. in the purchase and ultimate sale of Hotel Union Square, Hotel Diva and a related development site located in San Francisco, California.

Represented Broadreach Capital Partners, LLC in its acquisition and ultimate disposition of a 438,000 square foot industrial project located at 2010 and 2020 Williams Street in San Leandro, California.

Represented Broadreach Capital Partners, LLC in its purchase and eventual sale of Aurora Marketplace, a 560,000 square foot office complex located in Aurora, Colorado.

Represented Harbert Management Corporation in its acquisition of High Street, a 628,000 square foot, high-profile mixed-use project containing 99 multi-housing units, 174,705 square feet of retail, dining and entertainment options and 330,369 square feet of office space in Phoenix, Arizona.

Represented Harbert Management Corporation in its acquisition of Concord Corporate Centre, a 347,129 square foot office building in Concord, California.

Represented Ridge Capital Investors, LLC in its acquisition and subsequent sale of Latham Square, a historic 113,400 square foot office building located in the heart of downtown Oakland, and the negotiation of a related joint venture with a commingled fund.

Represented Soma Capital Partners LLC in its acquisition of 925 L Street, a 170,000 square foot office building in Sacramento, California, and the negotiation of a related joint venture with a foreign investment fund.

Joint Venture Transactions

Represented Alexandria Real Estate Equities, Inc. in its negotiation of a joint venture with Uber and the Golden State Warriors for the development of two office buildings aggregating 580,000 RSF, adjacent to the Golden State Warriors arena, which are 100% leased to Uber.

Represented Alexandria Real Estate Equities, Inc. in the negotiation of a joint venture with Uber for the development of approximately 422,980 RSF in the Mission Bay submarket of San Francisco for Uber and represented Alexandria Real Estate Equities, Inc. in the subsequent restructuring thereof.

Represented Atlas Real Estate Partners in the structuring and negotiation of joint ventures for the acquisition of 300 10th Street South in downtown St. Petersburg, Florida, an apartment complex comprised of 481 rental units and 227,240 square feet of rentable space.

Represented Four Corners Properties, LLC in its negotiation of a joint venture with Westbrook Partners for the acquisition and repositioning of the RioTech Office Park, a 375,000 square foot office park in San Jose, California, and the negotiation of a related asset management agreement and related loan documents.

Represented Four Corners Properties, LLC in the negotiation of a joint venture with Rockwood Capital for the acquisition and redevelopment of a 259,000 square foot office campus located in San Jose, California, and the negotiation of a related asset management agreement and related loan documents.

Represented HG Capital, LLC in its negotiation of a joint venture with a local developer for the development of a 52 unit apartment building, with associated retail space, in Oceanside, California.

Represented Premia Capital, LLC in the creation and structuring of multiple syndicated investment joint ventures for the development of 550 Allerton, a 76,000 square foot office building in Redwood City, California.

Represented Yang Capital LLC in the negotiation of a joint venture with an institutional investor for the acquisition and repositioning of the Tilden Hotel in San Francisco, California, and the negotiation of related loan documents.

Financing Transactions

Represented Canyon Equity in the financing of Amangani Resort, a 40-key, ultra luxury resort, in Jackson Hole, Wyoming.

Represented a joint venture managed by Woodside Hotel Group in the financing of the Stanford Park Hotel in Menlo Park, California.

Publications &
Speaking Engagements

Publications

Fiduciary Duties: The Hidden Obligations In Joint Ventures, CCN Perspectives, Winter 2010

Speaking Engagements

I Found The Deal, Now How Do I Find The Equity?, 3/23/2011

Awards &
Affiliations

Professional Affiliations

  • Board of Directors of NAIOP Corporate, 2013-2014
  • Board of Directors of the San Francisco Bay Area Chapter of NAIOP, 2010-2015
  • Board of Directors of the Belden Club, Director in charge of philanthropy, 2008-2011

 

Bar and Court Admissions

  • State Bar of California

Education

  • J.D., Pepperdine University School of Law, 1995, magna cum laude
  • A.B., Occidental College, 1991