Overview
Successful navigation of today’s dynamic global real estate finance landscape requires innovative strategies, products and arrangements to meet the demand for less traditional, more diverse lending products and new regulatory requirements.
McDermott’s market-leading Real Estate Finance team of 40+ lawyers, many of whom have worked together for over 20 years, brings unmatched depth of experience and market savvy to all aspects of real estate finance. Leveraging our strong US and international presence and platform, we are well-positioned to advise clients on areas of real estate finance, joint ventures, acquisitions and dispositions and leasing, wherever their investment activities are.
Our industry experience extends to office, industrial, multifamily, senior and student housing, healthcare, entertainment/leisure and hospitality sectors. We have extensive experience advising investment banks, private equity and institutional lenders in complex structured finance transactions, including:
- Construction, conduit, interim and permanent financings
- Mezzanine loans
- Loan participations
- Forward loan commitments
- Lines of credit
- Mortgage loan repurchase and warehouse facilities
- Mortgage-backed securities transactions
- Public and private company real estate mergers and acquisitions and joint ventures
Capital Markets/Syndications. We advise our loan origination clients in all aspects of leveraging their loan portfolios, including syndications, participations, restructuring whole loans into senior and subordinate tranches, mezzanine debt and preferred equity, and their sales or pledges, loan portfolio sales, and all public and private secondary market placements, including in CMBS and CRE CLO markets.
Workouts. We provide clients a seasoned, cohesive team of lawyers with demonstrated success advising financial institutions in restructures and workouts of the full spectrum of financings, including acquisitions, dispositions, restructurings, recoupments and other realization on collateral, including representing private, governmental and quasi-governmental clients on distressed real estate projects, counseling commercial landlords on bankruptcy petitions filed by tenants and advising general contractors and construction managers on subcontractor bankruptcy.
REITs and Real Estate Operating Companies. The group includes thought leaders on the cutting edge of real estate finance who, partnered with our “US Tax Law Firm of the Year” (International Tax Review’s Americas Tax Awards 2024), adeptly counsel clients on all aspects of REIT taxation. We advise publicly traded REITs, private REITs and real estate operating companies at all stages of their life cycles.
Real Estate Equity Funds. Our deep experience advising on the structuring and formation of the full spectrum of real estate funds, including those adopting a private REIT structure in order to optimize tax efficiency sets us apart from the competition. We also represent fund sponsors and funds themselves in all real estate investment strategies. Our multidisciplinary approach ensures we efficiently and effectively help our clients address the challenges presented by today’s real estate economy.
