Arent Fox is nationally recognized for representing borrowers including developers, owners, and REITs in connection with both traditional and non-traditional financing for the real estate industry. Our attorneys represent buyers and sellers of a variety of real estate debt, including whole senior and mezzanine loans, participations, and syndicated and securitized interests.
We have significant experience advising sponsors of real estate, joint venture partners and other borrowers on structuring and managing senior loans as an important part of their financing.
We have negotiated mezzanine loan programs and transaction documents for clients with numerous mezzanine lenders including major institutional investors and well-known hotel chains. Our documents were developed with specific attention to the exercise of remedies in the mezzanine transaction and the relationship of those remedies to the rights and remedies of the senior lenders to provide for the greatest rights and flexibility for the mezzanine lender or borrower.
Tax-exempt Bond Financing
Arent Fox assists tax-exempt institutions in using tax-exempt and conventional-test financing to augment and develop projects and acquire equipment, with a particular focus in Washington, DC area, New York City and New York State. In the District of Columbia, important clients have included the John F. Kennedy Center for the Performing Arts, the Howard Hughes Medical Institute, The George Washington University, the National Geographic Society and the Carnegie Endowment for International Peace. We also assist entities locally and nationally in financing public facilities, school facilities, headquarters facilities and other projects.
We have the leading borrower's counsel practice in the Washington, DC-area and have participated in approximately 80 percent of the conduit municipal bond issues of the District of Columbia since the inception of its bond program. Members of the firm serve as borrower's counsel, bond counsel, special tax counsel, underwriters' counsel, credit enhancer's counsel or trustee's counsel on numerous such financings.