- 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.
Senior Associate,
- Phone: 704.444.1280
- Email: rachel.temple@alston.com
Rachel represents institutional and nonbank lenders in the origination and servicing of conduit and portfolio loans.