Katherine C. Bissett

Assisted in representation of lender of the owner of a boutique hotel in New York, 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.

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

Assisted in representation of a regional bank in connection with a $67 million construction loan secured by real property in Hawaii, including the negotiation of an inter creditor agreement with the mezzanine lender.

Assisted in representation of a national bank in connection with a $345 million loan secured by 100 properties throughout the United States.

Assisted in representation of lender in connection with a $52 million loan to the owner of a boutique hotel, secured by a ground lease in a national park. Also assisted in the subsequent leveraging of the loan.

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.