Practices
Finance
Commercial Finance
Commercial Lending

Commercial Lending

Members of our banking and financial services industry team represent national, regional and community bank lenders in the full service commercial lending transactions, including:

Acquisition financings and private equity-sponsored transactions
Alternative energy financings
Asset-based and real estate-secured loans
Club deals and other syndicated financings
Debt restructures, workouts, and other distressed and post-default transactions
Equipment, inventory and receivables financing
Inter-creditor and participation arrangements
Letter of credit facilities
Project financings
Revolving lines of credit
Senior, subordinated and mezzanine loans
Term loans

Our clients include national, regional, and local lending institutions, including banks, insurance companies, leasing companies, finance companies, hedge funds, and other independent non-regulated entities, various state and local governmental entities and agencies, indenture trustees, retailers, manufacturers, hospitals and other health care providers, real estate developers and other business entities.

Experience

Investment management

Representation of Structured Credit Fund

"Spin-off" Fund from Financial Institution

Representation of the sponsor in connection with the formation of a 'mini-master' fund structure comprised of an offshore Cayman feeder fund and onshore U.S. feeder fund, as well as an interposed intermediate Cayman limited partnership and Cayman master fund. The master fund invests principally in stressed and distressed structured credit securities, such as ABS, RMBS, CMBS and CDO securities. In addition, representation of the sponsor and its principals in the negotiation and drafting of the general partner limited liability company agreement.

General

Secured a $102 Million Construction Loan

Represented real estate developer in securing a $102 million construction loan for a multi-building, mixed-use office, retail and residential project in Connecticut. The transaction also included $56 million in CPACE financing, which is the largest in Connecticut to date.

$64MM Financing of Skilled Nursing Facility in New York

Successfully closed a $64,000,000 financing including term loan and line of credit on behalf of our banking client on a skilled nursing facility located in New York. This transaction required our team to develop a complicated loan structure involving fee and leasehold collateral due to New York Department of Health regulations. In addition to drafting a large number of complex loan documents, we assisted with due diligence, handled all associated liens, and reviewed all of the approvals from the New York Department of Health.