Adam B. Weissburg

Partner

Overview

Adam is the Chair of the Capital Markets Team. Since joining the firm in 1993, he has represented borrowers and lenders in all facets of real estate finance. 

Structuring Complex Real Estate Deals 

His lending clientele ranges from local banks to some of the larger banking institutions in the United States, along with insurance companies and private lenders. On the borrower side, Adam represents local developers, institutional owners of real estate, and public and private REITs. The spectrum of real estate products on which he has worked includes raw land, retail, office, multi-family, hotel and timeshare, and simple and complex, fee and ground leased premises. In connection with both transactions, he often is called about to structure for (and in the capacity of representing lenders, splitting loans to accommodate) mezzanine and senior secured real estate facilities. Adam also has extensive experience in workouts and loan amendments, having started his career as a bankruptcy attorney in the early 1990s.

Local Counsel, International Experience

Adam prides himself on having a team of lawyers that can handle large and smaller loans. Staffing efficiencies allow him and his team to represent both lenders and borrowers in loans ranging as low as a few million dollars, while still having the resources and experience to handle loans that routinely exceed $100 million. Although a resident in Los Angeles and having handled a multitude of California transactions, he acts as lead counsel on transactions throughout the United States, Latin America, and the Caribbean.

Representative
Matters

Represented an owner of data storage centers in the negotiation of a credit facility in an amount in excess of $250 million for general corporate purposes. Loan collateral was multiple data storage centers located in the western United States.

Represented a lender to an owner of a boutique hotel in New York City, New York in connection with a $65 million loan facility, which was structured as a senior loan of $40 million that was transferred to another lender and the client retaining a junior loan in the amount of $19 million. Negotiated all loan documents, syndication agreement, and inter creditor agreement with a mezzanine lender to borrower.

Represented an insurance company, in $100 million loan to a publicly traded REIT. The loan was secured by office properties located in Los Angeles and Orange County, California.

Represented a hedge fund on various loan works outs associated with assets acquired in bankruptcy. Loans worked out included cross collateralized loans, to regional and national lenders, with loan sizes ranging below $5 million to in excess of $20 million.

Primary counsel for mezzanine lender in connection with mezzanine loans throughout the United States. Loans included capital for distressed loan acquisition, converting into both senior and mezzanine loans upon sponsor's acquisition of underlying real estate.

Represented a large national bank in connection with the restructure of a $100 million A/B loan to multiple borrowers and secured by both multiple office buildings along with membership interests in affiliated entities. In addition to the multiple collateral issues, representation included negotiation of the syndication of the loan with various lenders.

Represented one of the largest U.S. national banks in connection with an approximately $53 million mortgage loan to a large retail shopping center. The collateral was tenanted with small and multiple large, national tenants and subject to a ground lease with the municipality.

Represented an agency office of a foreign lender in connection with an approximately $500 million facility secured by multi family properties in 4 states in the Western United States.

Represented a syndicate of lenders in connection with a loan in the approximate amount of $500 million secured by a regional shopping center.

Represented borrower in $240 million financing of trophy hotel in Southern California.

More »

Represented borrower in approximately $110 million financing of multifamily project in Southern California. Loan included fundings for completion with permanent loan features, and closed during the pandemic commonly known as COVID-19.

Represented sponsor in workouts of 4 hotels in California and Hawaii, that had both senior and mezzanine loan features. The workouts were in response to shelter in place orders and other governmental responses associated with the pandemic commonly known as COVID-19.

Representation of a syndicate of lenders in an approximately $500 million dollar loan secured by retail shopping center. Work included addressing environmental issues as well as co lending agreement. Property also involved several parcels of land and complicated funding structure.

Publications &
Speaking Engagements

Recent Publications

Recent Speaking Engagements

Awards &
Affiliations

Awards & Recognition

  • GlobeSt. Real Estate Forum's 2020 Rainmaker in Debt & Equity Finance Influencers
  • Best Lawyers, Real Estate Law, 2011-2020
  • Who’s Who Legal: Hospitality, 2020
  • Who’s Who Legal: Global Real Estate, 2016, 2018, 2019, 2020
  • Legal 500, Real Estate, 2015
  • Southern California Super Lawyers, 2005, 2007-2020
  • Selected as one of 40 attorneys in Los Angeles Business Journal's "Who's Who in Law: Angelenos to Know in Real Estate Law," 2013

Professional Affiliations

  • American College of Mortgage Attorneys (ACMA)
  • American College of Real Estate Lawyers (ACREL)

Bar and Court Admissions

  • State Bar of California
  • U.S. District Court for the Central, Northern, and Eastern Districts of California

Education

  • J.D., University of Southern California, Gould School of Law, 1990, Order of the Coif
  • A.B., University of California, Berkeley, 1986