Christopher D.
McCoy
(Chris)

Representing private fund sponsor in connection with negotiation and formation of programmatic joint venture with U.S.-based state employee pension fund to acquire opportunistic and value add industrial projects in U.S. markets with initial capital commitments of $300,000,000.

Represented private U.S. based real estate firm in the recapitalization of a single-family residential homes portfolio consisting of approximately 4150 homes in Ohio and Indiana in which its investors transferred their partnership interests in subsidiaries to a new operating partnership owned by private equity investors and a newly formed REIT in exchange for cash and roll-over equity in the new operating partnership to be managed by our client, all in transactions valued at approximately $350,000,000 and financed in part by Freddie Mac.

Represented private North Carolina-based fund sponsor, through a joint venture between one of its investment funds and a sovereign wealth fund, in acquisition of a 21-property mixed-use portfolio comprising retail, office and residential units located along Newbury Street in Boston, MA. At closing, the acquisition constituted the largest retail real estate transaction in the history of Boston, with an acquisition price of $300,000,000, which was funded in part through a $165,000,000 million mortgage loan.

Represented a private real estate investment fund in the recapitalization of an office tower in St. Paul, Minnesota which consisted of the formation of a real estate fund to contribute $14.5 million of preferred equity to the existing ownership structure, the formation of a joint venture to provide an additional $8 million of preferred equity in the fund, the formation of four joint ventures with the existing tenant-in-common owners of the property who in turn contributed the property to the joint venture, and a new mortgage loan in the amount of $75.5 million.

Represented a private real estate firm in sale/leaseback of urban, mixed-use developments outside of Dallas, Atlanta, and Phoenix consisting of multi-building office projects (including ground floor retail) for a purchase prices of $793,000,000, $275,400,000, and $930,000,000 respectively, including leases of over 4.75 million square feet, joint venture investments by foreign pension funds and traditional mortgage financings.

Represented a public REIT in acquisition a 20-story office high-rise located in suburban Atlanta via acquisition of 100% of the common stock of “baby-REIT”, redemption of preferred stock and subsequent liquidation REIT for tax purposes through merger of REIT up into purchaser.

Represented a global financial institution in connection with credit tenant lease (CTL) financing involving ground lease/leaseback of land for construction of international headquarters of Fortune 50 company in Michigan.

Represented a private, U.S.-based real estate firm in connection with $489,000,000 acquisition of trophy office park assets in suburban Atlanta consisting of five office buildings for a total of approximately 2,125,000 square feet of rentable office space, parking decks and a future development parcel and financed with mortgage and mezzanine debt.

Represented foreign and domestic renewable energy companies with acquisition, disposition, equity investment and tax equity financing of wind and solar energy generation projects collectively estimated to generate in excess of 1,000 MW of electricity.

Represented a private, U.S.-based real estate firm in connection with formation of single and programmatic joint ventures to acquire various portfolios of real property assets, including full- and limited-service hotels, and military and multifamily housing projects in the U.S.

Represented a U.S.-based private equity firm in connection with disposition of single-family residential platform to institutional investors in two transactions involving over 1,700 and 4,200 homes each for approximately $150,000,000 and $409,000,000, respectively.

Represent Middle Eastern financial services firms in connection with Shari’ah-compliant and traditional investments in the U.S., including formation of single-asset or programmatic joint ventures to acquire multifamily and student housing projects, assemble portfolios of industrial assets, and dispose of office and industrial portfolio assets.

Represented a Los Angeles-based private equity firm in connection with formation of single and programmatic joint ventures with local developers of multifamily projects in major metropolitan areas of Brazil.

Represented a Charlotte-based private equity firm in sale/leaseback transaction involving manufacturing plant located in Concord, North Carolina, consisting of approximately 2,000,000 square feet of usable space and 2,000 acres of land for manufacture of commercial-grade batteries for energy storage.