Justin C. Elliott

Justin's experience includes advising:

Joint Ventures

• An alternative asset manager on a joint venture to acquire to acquire multiple non-performing loans and a portfolio of mixed-use residential properties in San Francisco, California
• A global alternative asset manager on a joint venture to recapitalize a portfolio of light industrial properties and acquire additional light industrial properties across the western US
• A private equity fund on forming a joint venture to acquire manufactured housing communities across the US
• A family office on forming a joint venture to acquire and develop multifamily properties in Washington, D.C.
• A global private markets firm on the joint venture and related acquisition of a multifamily complex in Southern California
• A global alternative asset manager in a multi-party, multi-tiered joint venture and related acquisition of an equity interest in, and mortgage financing of, 110 North Wacker Drive, a 55-story, 1.5-million-square-foot Class-A office tower in Chicago
• A multifamily investment company, as a sponsor, on forming a platform joint venture to acquire and manage multifamily properties across the US
• A private equity fund on forming a programmatic joint venture to acquire infrastructure-adjacent logistics warehouses across the US
• A private equity fund on recapitalizing an existing portfolio of student housing projects and forming a separate joint venture to acquire additional student housing projects
• A non-US pension fund and a non-US investor, individually, on separate joint ventures as part of an investment fund with a prominent New York developer to develop a 2.8 million-square-foot commercial building in New York City’s Hudson Yards district*

Financings and Restructurings

• A private equity fund on a multi-draw, mortgage loan facility in an initial amount exceeding US$540 million to be secured by logistics warehouses across the US
• An alternative investment manager on a US$581.5 million mortgage and mezzanine financing secured by eight multifamily properties in five states
• An alternative asset manager on a US$228.8 million mortgage financing secured by a ground leasehold interest in a New York City office building
• A publicly traded REIT on a US$600 million CMBS mortgage and mezzanine financing secured by 34 medical office buildings in 13 states*
• A real estate investment company on a US$300 million credit facility to acquire and reposition single-family rental homes and secured by the indirect ownership interests in such homes*
• A private equity-owned provider of post-acute healthcare services on a US$400 million bridge loan secured by 28 skilled nursing facilities and affiliated operating company leases*
• A publicly traded global real estate and investment management firm and a publicly traded REIT, collectively as a joint venture borrower, on:
  • US$850 million CMBS mortgage loan financing secured by interests in 47 hotels in 16 states*
  • US$780 million refinancing secured by interests in 48 select service, extended stay, limited service hotels in 21 states*
• A private debt fund, as lender, on acquisition and mortgage and mezzanine construction financing, loan-to-equity conversion option, and multiple subsequent loan upsizings and modifications relating to acquiring and repositioning landmarked buildings and related parking facilities in Detroit, Michigan, and subsequent related workout/loan modifications*
• A publicly traded global real estate and investment management firm and its joint venture partner, collectively as borrower, on the workout/loan modification of a mortgage and multiple mezzanine loans relating to interests in 20 hotels across the US*

Acquisitions and Dispositions

• An alternative asset manager on the acquisition of two nonperforming loans encumbering 75 mixed-use multi-family residential properties in San Francisco, California and the subsequent foreclosure on such loans
• A private debt fund on the acquisition of a distressed mortgage loan secured by a hotel in San Francisco, California, the related acquisition financing, and the subsequent foreclosure and renegotiation of various hotel management and franchise documents
• An investment firm on the US$5.65 billion acquisition of The Cosmopolitan of Las Vegas
• An alternative investment manager on a US$375 million acquisition of 59 motorway rest stops in eight states
• A private equity fund on acquiring portfolios and single-asset infrastructure-adjacent logistics warehouses across the US
• An investment bank on a US$956 million sale of an industrial portfolio with locations across the US*
• M&A and Capital Markets Transactions
• A global net lease REIT in a spin-off into a separate, publicly traded REIT that was listed on the New York Stock Exchange
• A US-based industrial/logistics REIT on its US$868 million acquisition by a global private investment firm and a global institutional investor in an all-cash transaction

M&A and Capital Markets Transactions

• A global net lease REIT in a spin-off into a separate, publicly traded REIT that was listed on the New York Stock Exchange
• A US-based industrial/logistics REIT on its US$868 million acquisition by a global private investment firm and a global institutional investor in an all-cash transaction
   

*Matter handled prior to joining the firm