Elizabeth Gable

• Represented a European lender as administrative agent, together with the syndicate bank group, in connection with a $285 million mortgage loan made to a joint venture owned by a publicly held company and a REIT and secured by a Class-A office building located in Manhattan.
• Represented a publicly traded banking institution in connection with a $350 million construction loan made to a joint venture owned by a prominent family-owned developer and a foreign investor secured by a future condominium project in the NoMad neighborhood of Manhattan.
• Represented a publicly traded banking institution in connection with a leverage ‘loan-on-loan’ transaction made to a private equity firm and secured by a $260 million construction loan in connection with the Essex Crossing project in the Lower East Side of Manhattan.
• Represented an international bank in a $125 million loan secured by various retail parcels in Boston, Massachusetts.
• Represented an international lender in connection with the acquisition of a senior construction loan secured by property located in Oakland, California with a pari passu mezzanine construction loan from a publicly traded company, including the negotiation of an intercreditor agreement.
• Represented a publicly traded banking institution in connection with a $251 million leasehold construction loan for a condominium project in Brooklyn, New York, to a joint venture owned by a prominent family-owned developer and an international publicly traded company, which transaction involved a multi-tier ground lease structure with the City of New York and the Brooklyn Bridge Park Development Corporation and a mezzanine loan from a publicly traded real estate investor and related intercreditor agreement.
• Represented a European lender in connection with a $95.3 million mortgage loan made to a publicly held company and secured by the Exchange Building in Seattle, Washington.
• Represented a publicly traded banking institution in connection with a $91 million construction loan for a Moxy brand hotel in the Lower East Side of Manhattan, which transaction involved EB-5 financing and negotiation of a food and beverage franchise with a prominent hospitality group.
• Represented a financial institution in connection with a leverage ‘loan-on-loan’ transaction made to a private equity firm and secured by a $145 million construction loan on a project located in Menlo Park, California which was preleased to an office tenant and involved complex construction and entitlement issues.
• Represented a European lender in connection with a $49.2 million mortgage loan containing capital improvement reserves and secured by the Watergate building in Washington, D.C.
• Represented a publicly traded banking institution in connection with a $90 million construction loan, which included a complex preferred equity investment, for a franchised hotel in Miami, Florida.
• Represented an international banking institution in connection with a $300 million loan to a publicly traded company secured by One Park Avenue, New York and related syndication thereof.

Elizabeth specializes in representing a diverse group of clients in a wide range of real estate finance transactions.  She has substantial experience representing domestic and foreign financial institutions in connection with the structuring, origination, acquisition and modification of complex construction, permanent and leverage loans which are secured by diverse collateral located throughout the country.

Elizabeth regularly encounters a full array of financing structures, client types and asset classes.  She represents a diverse client base that participates in each level of the capital stack, ranging from institutional lenders in connection with single or multi-lender syndicated construction and mortgage loans to privately and publicly held financial institutions in connection with leverage, mezzanine, bridge and participating loans.  Her transactions are routinely secured by a variety of collateral, including trophy office buildings in the heart of Manhattan, hotels in a multitude of metropolitan areas, assemblages of land located in the Midwest and condominium and rental projects across the United States.