Joint Ventures, Fund Formations & Project Syndication

Represented a public pension fund in negotiation of two joint ventures with residential developers, each with an ongoing capital commitment in excess of $125 million.

Represented a public pension fund in the negotiation of a joint venture platform to acquire and develop medical office buildings and seniors housing facilities with a total commitment of in excess of $266 million.

Represented a seniors housing operator in the negotiation of a joint venture with a private equity fund, the concurrent acquisition of two assisted living and memory care facilities (one in Northern California, one in Southern California) with a combined purchase price of almost $32 million and the obtaining of a $23 million loan secured by the facilities.

Represented a seniors housing operator in the negotiation of a master lease platform with a major REIT which included the commitment of up to $150 million for future acquisitions. The transaction also included the concurrent closing of the initial acquisition under the platform (a four-property portfolio which included independent living, assisted living and skilled nursing located in Iowa) for a purchase price of almost $41 million. Additionally, represented the client in the concurrent negotiation of an option to purchase two additional properties for an additional $20.6 million as well as a related management agreement for the management of the two option properties.

Assisted in the formation of a $500 million fund, coordinating due diligence efforts for over 600 properties located in several different states.

Represented a public homebuilder in negotiating a joint venture for the entitlement and development of a 1900 acre Southern California master development.

Represented a commercial developer in the formation of a joint venture for the acquisition and ownership of a 300,000 square foot California office building.

Represented a public pension fund in its $175 million investment in a commingled private equity fund.

Represented a commercial developer in the negotiation of a joint venture for the development of a 750,000 square foot California regional mall.

Represented an institutional investor in negotiating a nationwide platform joint venture for commercial investment and development.

Counsel to a joint venture comprised of a consortium of builders who have teamed up to coordinate the construction of infrastructure for a new residential development in the Inland Empire.

Represented an equity provider in connection with the formation of a joint venture and concurrent acquisition of three planning areas in a "broken" master development in Southern California.

Represented a comingled investment fund in the negotiation of a joint venture with an operating company in relation to the acquisition and ownership of a $50 million portfolio of West Coast retail, industrial, and residential properties, and negotiated related property management agreements.

Represented an operating company in the negotiation of a joint venture with a comingled investment fund in relation to the acquisition and ownership of a $110 million portfolio of apartment buildings in San Francisco, California, and negotiated related asset management agreements.

Represented a developer in the negotiation of a joint venture with a preferred equity investor in relation to the development and ownership of a 100,000 square foot office building in Santa Clara County, California, and negotiated related development management, asset management, and property management agreements.

Represented a comingled investment fund in the negotiation of a joint venture with an operating company and another comingled fund in relation to the acquisition and ownership of a $122 million office building in Denver, Colorado, and negotiated a related asset management agreement.

Represented a comingled investment fund in the negotiation of a joint venture with a developer for the development of a 400,000 square foot industrial complex in Pomona, California.

CityPlace, San Francisco. Successfully negotiated the joint venture, and later the financial workout, for the mid-Market Street development known as CityPlace, San Francisco.

One Montgomery Street. Formed and represented a multi-national joint venture in the acquisition and later disposition of this historic San Francisco office building and original San Francisco headquarters of Wells Fargo Bank.

Negotiated and structured a $500 million joint venture between a public pension plan and an advisor to acquire single-family residences at foreclosure sales nationally.

Represented a preferred equity investor in connection with a joint venture to acquire and renovate hotels located in Kansas City, Missouri and San Antonio, Texas.

Represented a healthcare REIT in connection with a joint venture to acquire and operate a rehabilitation hospital located in Chesterfield, Missouri.

Represented multiple affiliated joint venture funds in the acquisition of various portfolios of distressed industrial property loans from financial institutions (aggregating over $200 million), and continuing representation of joint ventures in the disposition of loan assets through bankruptcy, receivership, loan modification, foreclosure, and sale.

Represented a general partner of a California real estate limited partnership in partner dispute/reorganization transaction involving lengthy arbitration proceedings and multiple buy-out transactions concerning $275 million of partnership assets.

Represented a publicly traded homebuilder, who through a joint venture with a regional developer, acquired entitled property in Pacific Palisades for development of 53 townhomes