The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Dechert LLP

CIRCA CENTRE, 2929 ARCH STREET, PHILADELPHIA, PA 19104-2808, USA
Tel:
Work +1 215 994 4000
Fax:
Fax +1 215 994 2222
Email:
Web:
www.dechert.com

Richard D Jones

Tel:
Work +1 212 698 3844
Email:
Dechert LLP

Work Department

Finance and Real Estate

Position

Co-Chair

Career

Richard D. Jones, co-chair of Dechert’s global finance and real estate practice groups, focuses his practice on capital markets and mortgage finance. Mr. Jones is widely published and a frequent speaker on a wide range of issues affecting the capital markets and mortgage finance markets. He is the founder of, and a frequent contributor to, the Dechert blog, CrunchedCredit, which takes a critical look at the global financial markets.

Member

Founder, Commercial Real Estate Institute (CRI); Chairman, Policy Advisory Committee, CRE Financial Council; Capital and Credit Policy Advisory Committee, Real Estate Roundtable; Member, American College of Real Estate Lawyers; Member, Commercial Mortgage Board of Governors (COMBOG) of the MBA

Education

Washington and Lee University, B.A., 1975, magna cum laude; University of Virginia School of Law, J.D., 1978; Boston University School of Law, LL.M., 1981


United States

Real estate

Within: Real estate

Dechert LLP’s ‘excellent’ team is particularly strong in the field of commercial real estate finance and regularly handles the purchase and sale of real estate debt products, along with the origination, disposition and securitization of commercial real estate loans. The firm also has extensive expertise in capital markets transactions and frequently advises on debt and equity offerings. Richard Jones heads the practice and recently advised real estate lender Silverpeak on a CMBS investment and purchaser risk retention transaction valued at $938m. Other key figures include Laura Swihart, who along with finance partner Devin Swaney advised Freddie Mac on approximately 50 deals over the course of 12 months, the majority of these being securitizations of mortgage loans secured by multifamily properties; and Philadelphia-based Jason Rozes, whose client roster includes a mix of commercial and investment banks, institutional lenders and REITs. The firm has a solid West Coast presence; out of the San Francisco office, the firm acted for RBC Capital Markets on a $798m mortgage loan provided to the affiliates of Blackstone Group as financing for its $1.8bn acquisition of Alecta Pension’s US real estate portfolio. Bank of America Merrill Lynch, Barclays and Starwood Property Trust are also key active clients. Kahlil Yearwood moved to Gibson, Dunn & Crutcher LLP.

[back to top]

United States: Finance

Structured finance: securitization

Within: Structured finance: securitization

Dechert LLP’s finance group is singled out for its knowledge of ‘cutting-edge structures addressing the new risk retention rules for CLOs’. The team advises issuers and underwriters in CMBS, CRE and auto loan securitizations, and has particular strength in acting for CLO managers. Richard Jones heads the department, which includes Laura Swihart, who specializes in MBS and acts for sell-side clients like Freddie Mac; the ‘client-focused’ Sean Solis, who is a key contact in the CLO group and advises managers such as Apollo Global Management; and the Charlotte-based John Timperio, whose expertise spans ABS and CLO transactions. The team was joined by a number of new arrivals in 2017, including Bruce Bloomingdale, from Cadwalader, Wickersham & Taft LLP. Krystyna Blakeslee was promoted to partner in the Hartford office. In June 2018, Will Cejudo joined in Washington DC from Clifford Chance.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to