American Realty Capital – Retail Centers of America, Inc. (RCA)/American Finance Trust, Inc. (AFIN): Represented BMO Capital Markets, as financial advisor to the special committee of American Realty Capital – Retail Centers of America, Inc.’s (RCA’s) board of directors, in connection with RCA’s agreement to merge with American Finance Trust, Inc. (AFIN) in an approximately $1.4 billion deal creating a retail-focused REIT.
Arbor Realty Trust/Arbor Commercial Mortgage: Represented the Special Committee of the Board of Directors for Arbor Realty Trust in connection with Arbor Realty Trust’s pending acquisition of Arbor Commercial Mortgage’s agency platform.
AREA Property Partners, L.P./Ares Management LLC: Advised AREA Property Partners in its sale to Ares Management LLC. AREA Property Partners is a leading real estate management firm investing across North America, Europe and India. The transaction includes the acquisition of the minority stake in AREA held by National Australia Bank.
Australia’s Future Fund/Brookfield, MPG Office Trust: Advised on Brookfield’s $426 million acquisition of MPG Office Trust, representing Australia’s Future Fund, a key investor, in certain aspects of the transaction.
Brandywine Realty Trust/The Rubenstein Company, LP: Represented Brandywine Realty Trust in its acquisition of approximately 3.5 million square feet of Class A office space through the acquisition of The Rubenstein Company, L.P. for more than $600 million.
Brookfield Asset Management Inc./General Growth Properties (GGP): Advised and continue to advise Brookfield Asset Management Inc. in connection with its cornerstone investment agreement with respect to giant regional mall developer, owner and operator General Growth Properties. This arrangement will facilitate GGP’s planned exit from one of the most significant real estate bankruptcies in history.
Colony Capital/NorthStar: Represented Colony Capital, Inc. in its $17 billion merger of equals with NorthStar Asset Management Group Inc. and NorthStar Realty Finance Corp. to create Colony NorthStar, Inc., with $58 billion of assets under management.
DeBartolo Realty Group/Acquisition by Simon Property Group: Represented DeBartolo Realty Group in its acquisition by Simon Property Group, the first combination of REITs with assets held through UPREIT structures.
Forest City/Portfolio Amalgamation: Represented Forest City Ratner Co. and leading New York City developer Bruce Ratner in connection with the amalgamation of the combined interest of Mr. Ratner and Forest City Enterprises, Inc. in 30 retail, office and residential operating properties and certain service companies.
The Mills Corporation/Merger with Simon Property and Farallon: Represented The Mills Corporation in connection with the refinance of Mills’ approximately $1.5 billion senior credit facility with Goldman Sachs Mortgage Company, as well as related first-mortgage loan facilities totaling approximately $746 million which enabled Mills to payoff its existing credit facility and provided additional liquidity for the consummation of its acquisition by Simon Property Group and Farallon Capital.
Oriole Partnership/Bid for Town and Country Trust: Represented Oriole Partnership LLC, a joint venture investment vehicle formed among Essex Property Trust, Inc., UBS Wealth Management – North American Property Fund Limited, and AEW Oriole Co-Investment, LLC, in its bid to acquire all of the outstanding common shares of The Town and Country Trust for $36.00 per share in an all cash transaction.
Storage Mart/MBO: Represented Warburg Pincus’s Storage Mart Partners in its sale to a management-led buyout group for approximately $350 million.
Sunrise Senior Living, Inc.: Advised and continue to advise Sunrise Senior Living, Inc. in connection with real estate matters relating to its definitive merger agreement to be acquired by Health Care REIT, Inc. in an all-cash transaction valued at $1.9 billion (including debt).
Ventas, Inc.: Represented Ventas, Inc. and its affiliates in connection with the acquisition of Cogdell Spencer Inc., a REIT focused on medical facilities, for approximately $770 million including assumed debt.
Washington Prime/Acquisition of Glimcher Realty: Represented Washington Prime Group Inc. in its $4.3 billion acquisition of Glimcher Realty Trust, including advising WPG on Glimcher’s $1.09 billion simultaneous sale of two malls--Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas--to Simon Property Group.