Erik F. Andersen

• Representation of a publicly traded lender in a $300,000,000.00 construction loan of an office building in New York City.  Transaction consisted of EB-5 preferred equity, multi-tranche mezzanine debt and a senior secured first priority mortgage lien.
• Representation of publicly traded lender in a $350,000,000.00 condominium construction loan to a diversely composed borrower group which loan was funded pari passu with a multi-tranche mezzanine loan.
• Representation of agent/multi-national bank in connection with a $195,000,000.00 syndicated first mortgage loan to refinance a flag ship luxury hotel in California.
• Representation of agent/multi-national bank in connection with a $225,000,000.00 syndicated first mortgage construction loan to construct a prominent high rise in Los Angeles, California.
• Representation of a lender in connection with a $100,000,000.00 ‘loan on loan’ transaction which levered an underlying construction loan which was extended to finance the construction of a contemporary branded hotel.
• Representation of a private equity fund in connection with a loan and equity investment for the development of a luxury golf facility and community in Nashville, Tennessee.
• Representation of a nationally prominent private equity fund in connection with the acquisition of a series of performing and non-performing senior and mezzanine loans.
• Representation of a publicly traded hedge fund in connection with a $100,000,000.00 bridge loan for a property located in Washington D.C.
• Representation of the buyer of a 220 asset pool of NPL’s and REO’s (facilitated by the FDIC on a non-loss share basis), including, structuring, various equity and debt components.

Erik is the Co-Head of the Firm's Real Estate group and counsels a diverse array of clients on various real estate transactions.  Erik devotes particular focus to leading a nationally recognized real estate finance practice in which the King & Spalding team routinely represents  publicly traded and private banking institutions, insurance companies, family offices, real estate companies, private equity funds and hedge funds in connection with a wide variety of financing structures.  Due to the diversity of Erik’s practice, he offers clients valuable insight into current ‘market’ information related to each portion of the capital stack and each segment of the overall debt market.

Erik has particular expertise in structuring and documenting 'loan-on-loan' transactions, single and multi-lender construction, bridge, term, and mezzanine loans, as well as structuring and negotiating participation, co-lender and single and multi-tranche intercreditor agreements.  He also focuses on NPL and REO purchase and sale transactions.  Erik's practice also extends to the representation of various lending clients in connection with workout/foreclosure of commercial real estate loans and mezzanine loans, on a regional and national basis as well as the purchase, sale and financing of commercial properties throughout the United States.