Philip Rizk

• Represented a global investment firm's real estate debt strategies division in connection with a $57.7 million mortgage loan secured by a portfolio of seven industrial properties totaling 411,000 square feet located in Arizona, Florida, and Texas
• Represented a real estate investment firm with the formation of a joint venture with a major private investment firm and the simultaneous origination of a $182 million mortgage loan secured by a 56-story mixed-use condominium in Austin, Texas, together with $113.75 million in loan-on-loan financing
• Represented an international bank in connection with a $32.6 million loan-on-loan transaction secured by a portfolio of underlying mortgage loans totaling $43.5 million on industrial storage properties located in Georgia and South Carolina
• Represented a publicly traded banking institution in connection with a $418.3 million construction loan for a 63-story branded luxury condominium development containing 180 units in Sunny Isles Beach, Florida, together with a simultaneous modification and upsizing of an existing land loan
• Represented a private real estate credit firm in connection with a $56 million construction loan for the development of a 236-unit multifamily property in Las Vegas, Nevada
• Represented a private real estate investment management firm in connection with a $19 million construction loan for the conversion of historic buildings and construction of prefab cabins into a 60-key luxury hotel in Esopus, New York, which included a simultaneous $19 million C-PACE loan
• Represented a publicly traded banking institution in connection with a $48 million construction loan to finance the conversion of a 12-story office building into luxury residential condominiums in Manhattan
• Represented a real estate investment firm in connection with a $204.1 million mortgage and mezzanine loan secured by a 424-unit multifamily property with 50,000 square feet of retail space in Sarasota, Florida, with the loan simultaneously added to a repurchase facility with a national bank
• Represented a global investment manager with a $238.5 million loan secured by a 600,000 square foot office and retail property in Manhattan, which transaction included senior and junior participation interests held by multiple institutional investors, including a sovereign wealth-affiliated entity
• Represented a private real estate debt fund in connection with a $76.8 million mortgage loan secured by a retirement community in Charlotte, North Carolina, with the loan simultaneously added to a repurchase facility with a major financial institution
• Represented a real estate investment firm in connection with a $188 million mortgage loan secured by a luxury mixed-use apartment complex in Parsippany, New Jersey comprising 498 multifamily units and 60,000 square feet of retail space, featuring PILOT and RAB Bond structures
• Represented a global investment firm's real estate debt strategies division in connection with a $90 million mortgage and mezzanine loan to refinance a 353-unit multifamily property in Denver, Colorado, which involved a ten-member tenant-in-common borrower structure
• Represented a real estate investment firm, as borrower, in connection with a $40 million loan-on-loan transaction from a multinational insurance company, secured by a $70 million underlying mortgage loan on a 363,046 square foot office building in San Francisco, California
• Represented a real estate investment firm in connection with a $70.2 million mortgage and mezzanine loan secured by a two-building industrial development in Port Wentworth, Georgia, with the loan subsequently added to a repurchase facility with a national bank
• Represented a real estate firm with the sale of a $100 million loan secured by a 363,046 square foot office building in San Francisco to a joint venture between a private credit manager and a global asset manager, and the simultaneous origination of a $70 million loan to finance the sale
• Represented a publicly traded banking institution in connection with a $140 million construction loan to a joint venture for a 30-story condominium development in Manhattan, which transaction included a $50 million mezzanine loan
• Represented a private real estate credit firm in connection with a $75 million construction loan for the development of an approximately 11.5-acre site comprising a 248-unit multifamily property in Hampton, New Hampshire
• Represented a private real estate debt fund in connection with a $51.8 million construction loan for the development of an approximately 283,000 square foot Class A office building in Connecticut

Philip Rizk is an associate in the New York office of King & Spalding's Real Estate practice. Philip represents financial institutions and real estate funds in a broad range of commercial real estate transactions, which include single and multi-lender construction loans, permanent loans, mezzanine loans and other leveraged financings, that are secured by commercial real estate projects of all asset types, including office, retail, industrial, hotel and multifamily. Philip also represents clients on the structuring of Shari'a-compliant financing and investment transactions.

Philip Rizk is an associate in the New York office of King & Spalding's Real Estate practice. Philip represents financial institutions and real estate funds in a broad range of commercial real estate transactions, which include single and multi-lender construction loans, permanent loans, mezzanine loans and other leveraged financings, that are secured by commercial real estate projects of all asset types, including office, retail, industrial, hotel and multifamily. Philip also represents clients on the structuring of Shari'a-compliant financing and investment transactions.