Krystyna M. Blakeslee

Prior to joining Willkie in 2020, Krystyna was a partner at Dechert LLP. She also previously served as law clerk for the Honorable Alan H. W. Shiff of the United States Bankruptcy Court, District of Connecticut.

Krystyna is co-managing editor for CREFC Finance World™.

Krystyna is a member of the American, New York and Connecticut Bar Associations.

• Roundtable Discussion - Don’t Give Back Your Keys Just Yet - iGlobal Forum's 10th Real Estate Mezzanine Financing Summit, Virtual Conference (July 8, 2020)
• Exploring the Evolving Regulatory Landscape Affecting North American Real Estate - iGlobal Forum's 21st Real Estate Private Equity Summit, New York, NY (March 11, 2020)
• HVCRE/HVADC - The Letters Changing Commercial Real Estate Forever - iGlobal Forum's 8th Real Estate Mezzanine Financing Summit, New York, NY (June 7, 2018)

Lender Representations

• Represented lenders in connection with a $490 million mortgage loan secured by real property located in Cambridge, MA.
• Represented lenders in connection with a $184 million mortgage loan secured by a mixed-use residential development in downtown Durham, North Carolina.
• Represented lenders in connection with a construction loan of up to $89 million to finance the construction of a new apartment building in the San Francisco area.
• Represented lenders in connection with a $2.35 billion mortgage loan secured by over 64 cold storage properties.
• Represented lenders in connection with a $715 million mortgage loan secured by over 350 commercial properties.
• Represented lenders in connection with the origination and securitization of a mortgage loan in the amount of $1.35 billion secured by over thirty retail properties located in the United States and Puerto Rico.
• Represented lenders in connection with the origination and disposition (including securitization and syndication) of three mortgage loans and four mezzanine loans in the aggregate amount of $2.9 billion secured by over 280 industrial warehouse properties located in 17 states and the District of Columbia
• Represented the lender in connection with the origination and the securitization of a mortgage loan and four mezzanine loans in the aggregate amount of $1.1 billion secured by 24 limited service, select service and extended stay hotel properties located in 13 states.
• Represented the lenders in connection with the origination and securitization of 2 mortgage loans and 2 mezzanine loans in the aggregate amount of $1.7 billion secured by 98 limited and select service hotels located in 19 states.
• Represented lenders in connection with origination and securitization of mortgage loans secured by hotels located in Aruba and the Grand Cayman Islands.
• Represented a financial services company with respect to two $200 million mezzanine loan acquisition platforms with an unrelated third party and a loan origination platform with an unrelated third party.

Equity Representations

• Represented a joint venture fund in connection with its acquisition of a portfolio of 6 hotels located throughout the continental U.S.
• Represented a fund in connection with its acquisition of a $220 million data center property located in Virginia.
• Represented a foreign wealth fund with respect to its acquisition of an approximately $1.5 billion portfolio of resort properties out of chapter 11 bankruptcy.
• Represented a fund in connection with a $275 million mortgage and mezzanine loan obtained by various subsidiaries and secured by a portfolio of 62 hotels located throughout the U.S.

Distressed Debt Representations

• Represented various lenders in connection with the restructure of over a $1 billion worth of mortgage loans secured by a variety of asset classes (including hotels and resorts) during the COVID-19 pandemic, including amendments related to PPP loans.
• Represented the lender with respect to providing exit financing for a bankrupt debtor.
• Represented a foreign wealth fund with respect to its acquisition of an approximately $1.5 billion portfolio of resort properties out of chapter 11 bankruptcy.
• Represented the mezzanine lender in connection with the restructure (including conversion of a portion of each mezzanine lenders’ debt to preferred equity) of an approximately $1.9 billion portfolio of hotels located throughout the US.
• Represented the mezzanine lender in connection with a foreclosure of the mezzanine lender’s UCC collateral, which was secured indirectly by an iconic building in New York City.
• Represented various CMBS special servicers in connection with a myriad of matters, including foreclosures, modifications, forbearance agreements and restructures.

_{* Krystyna advised on some of these matters prior to joining Willkie.}