Practices:

• Compliance and Investigations
• Corporate
• Economic Stimulus
• Environment, Energy & Product Regulation
• Global Infrastructure and Public-Private Partnerships
• Government Contracts
• Intellectual Property and Technology
• International
• Labor and Employment
• Litigation
• Political Law
• Public Policy and Regulatory Affairs
• Real Estate
  • Acquisitions and Dispositions
  • CERCLA, Remediation and Brownfield Redevelopment
  • Debt Portfolio Transactions
  • Energy
  • Land Use, Entitlements and CEQA
  • Leasing
  • Loan Workouts and Creditors Rights
  • Real Estate Capital Markets
  • Real Estate Development
  • Real Estate Finance
  • Real Estate Litigation
  • Subdivisions and Condominiums
• Supply Chain Management
• Tax

Real Estate Finance

Project Lending

McKenna Long & Aldridge (MLA) attorneys have extensive experience representing national and state banking associations, insurance companies and other institutional lenders as well as borrowers in connection with mortgage loan transactions for all major types of commercial real estate projects including:

• Mixed use
• Office
• Hotels and resorts
• Condominiums
• Medical office buildings
• Apartments
• Golf courses
• Shopping centers and retail
• Student housing
• Warehouse and industrial
• Self storage

MLA attorneys have vast experience in negotiating and closing deals involving both single properties and portfolios of numerous properties located throughout the U.S., providing clients with practical guidance during the entire lifespan of the transaction, from structuring through closing. This deep experience enables us to anticipate and address potential issues before such issues delay or derail the transaction. Additionally, our understanding of the sensitivities and competition within the lending marketplace means that we can provide the practical advice necessary to ensure a seamless closing process.

REIT Financing

For more than 15 years, we have been engaged in structuring, negotiating and documenting REIT financings. Typically, MLA has represented the lead lender and agent in large syndicated credit facilities. As such, we have worked closely with the lenders that are most active in purchasing interests in these types of facilities, and are intimately familiar with their investment requirements and typical concerns. In balancing the often competing concerns of the agent, lead lender, borrower and syndicated lenders, we have been successful in designing creative risk mitigation techniques that provide the requisite level of assurances to the agent, lead lender and syndicated lenders without unduly prejudicing legitimate borrower interests.

Construction Lending

Construction lending presents greater risks for a lender compared to many other types of loans. A construction lender requires knowledgeable and practical advice regarding the interplay of the development, construction, and leasing processes to effectively manage this risk. More sophisticated capital structures, including the use of mezzanine financing, present additional risks for construction lenders. MLA attorneys have closed loans for the construction of all types of projects across the U.S., from free-standing buildings to mixed-use projects. The attorneys active in the practice are widely known for their experience and practical approach to effectively understanding, documenting and managing the special issues presented by construction financing.

Subordinated Debt

Debt that may be contractually subordinated to senior debt may be needed in instances where a typical mezzanine facility will not work. In these facilities, the structure of the transaction and the rights and obligations of the senior and subordinate lenders are critical. MLA attorneys are experienced in understanding and structuring these transactions to protect the interests of both the senior and subordinate creditors.