Rachel A. Temple

• Represented a lender in the origination of a land loan for future redevelopment of a boutique hotel and co-working space involving evaluation of the borrower’s business plan and successful negotiation with the existing hotel’s flag for lender termination rights.
• Represented a special servicer in the sale of over 90 single-tenant properties, once owned by Toys R Us, held by a CMBS trust as REO property.
• Represented a life insurance company in a $54.6 million origination of a construction loan for the building of a state-of-the-art airplane hangar at the Opa-locka, Florida, airport for Learjet.
• Represented a lender in origination of a CMBS loan secured by a retail shopping center subject to an industrial revenue bond structure.
• Represented a national financial institution in its capacity as a lender and administrative agent in the upsizing, restructuring, and syndicating of a $130 million term loan credit facility secured by 27 restaurant locations.
• Represented a repurchase facility lender in the onboarding of loans, including the table funding of a $220 million loan secured by 35 properties.
• Represented a lender in servicing its balance sheet portfolio, including post-origination consents and documentation of equity transfers, future advances, collateral additions and releases, extension, and modifications.
• Represented a lender in the origination of a CMBS loan secured by a portfolio of retail properties subject to a noncontrolling interest in a land condominium in Michigan.
• Represented a lender in an origination of a mezzanine loan to finance the construction of a warehousing facility.
• Represented a national bank client as an A-1 participant in the maturity default on a $60 million loan secured by a personal property pledge of retail co-op shares on Fifth Avenue in New York City.
• Represented a sophisticated borrower in the restructuring of commercial debt and municipal bonds secured by a four-star hotel in Atlanta.
• Represented a financial institution in the CMBS origination of a retail loan secured by retail space leased to a medicinal marijuana emporium.

Rachel Temple is a senior associate in Alston & Bird’s Finance Group. She focuses her practice on commercial real estate finance.

Rachel represents institutional lenders in the origination and servicing of conduit, portfolio, bridge, mezzanine, and construction loans secured by various financial structures. In addition, she represents servicers and special servicers in leasing, workouts, and restructurings matters. The Best Lawyers in America^© recognized Rachel on its “Ones to Watch” list in the area of Banking and Finance Law for 2021.

While in law school, Rachel served on the editorial staff of the ABA Real Property, Trust and Estate Law Journal and served as vice president of the University of South Carolina School of Law Real Estate Law Society.

Bar Admissions

• North Carolina

Education

• University of South Carolina (J.D., 2013)
• The University of North Carolina at Wilmington (B.A., 2008)