Mark Semotiuk

Mr. Semotiuk’s matters include advising:

Mergers, Acquisitions, and Dispositions

• Stonepeak Partners on: 
  • The US$5.65 billion acquisition of the Cosmopolitan of Las Vegas
  • Its acquisition and financing of a portfolio of Amazon distribution facilities across the United States
• Ares Management on:
  • The US$2.4 billion take-private of Front Yard Residential
  • Various acquisitions and dispositions across asset classes, including REIT share, portfolio, and large single asset transactions
• BREIT, various Blackstone funds, and Link Logistics Real Estate in a variety of acquisitions, dispositions, and joint ventures across asset classes
• AGC Equity Partners on its acquisition, financing, and sale of a portfolio of triple net industrial assets in the southeastern United States

Secondaries and Recapitalizations

• Brookfield Real Estate Secondaries Fund on a US$452 million GP-led recapitalization with Berkeley Partners of 24 industrial assets
• StepStone Group Real Estate on a series of transactions, including:
  • Various real estate fund investments, including the recapitalization of a fund valued in excess of US$2.8 billion
  • A US$300 million equity commitment to recapitalization of Asia Capital Real Estate’s Fund III, an investment in Asia Capital Real Estate’s Fund IV, and the creation of a Fund IV co-investment vehicle
• A sovereign wealth fund in a US$1.2 billion equity recapitalization of one of the world’s premier real estate companies

Joint ventures, co-investments, and preferred equity

• StepStone Group Real Estate on transactions across Europe, Asia, and North America, including a:
  • Programmatic joint venture to acquire and develop multi-family assets
  • Series of co-investments in a variety of asset classes, including office, senior housing, single family rental housing, mobile housing, and hotels
• Corten Real Estate Partners on a strategic venture with Gencom and Provenance Hotels for a portfolio of eight hotels across the United States
• Invitation Homes on a series of joint ventures with Rockpoint to acquire approximately US$2 billion in single-family homes 

Property and corporate financings

• Blackstone and Shorenstein in their US$290 million refinancing of 45 Fremont in San Francisco 
• Highgate and ICONIQ Capital in their US$180 million mortgage and US$100 million mezzanine financing of The Newbury Boston
• AGC Equity Partners on a:
  • US$150 million portfolio acquisition financing
  • US$38 million construction loan financing
  • US$68 million bridge loan financing
• Invitation Homes on:
  • A series of warehouse facility financings for over US$1.65 billion
  • A series of mortgage loan securitizations for over US$10 billion*

REIT and private equity fund structuring

• Tryline Capital on its private fund formation
• Wander.com on the launch of Wander Atlas, the industry’s first vacation rental REIT
• Invitation Homes on its:
  • US$250 million equity commitment to launch Pathway Homes
  • US$1.54 billion initial public offering*
  • Subsequent US$11 billion merger with Starwood Waypoint Homes*

*Matter handled prior to joining Latham