Arnold & Porter‘s workload consists mainly of mortgage and mezzanine financings, representing borrowers and lenders in transactions involving mortgage and mezzanine debt. The team handles matters across a range of asset classes, including office, retail, hospitality, multifamily, industrial and mixed-use properties. New York-based practice head Steve Gliatta has extensive expertise in representing investment banks and institutional lenders. Also in New York, co-head Jeffrey Kapner handles acquisitions and dispositions while Amy Rifkind in Washington DC is a commercial real estate specialist. Located in New York, Louis Hait is another name of note.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Work highlights
Advising Affinius Capital in the structuring and closing of a US$112 million mortgage and mezzanine financing of Alexander Crossing, a 440-unit apartment building located north of New York City in Yonkers. The newly built waterfront property offers 119 studios, 218 one-bedroom units, 90 two-bedroom residences and 13 three-bedroom apartments.
Advised First Abu Dhabi Bank in a US$719.5 million mortgage loan, to affiliates of the Abu Dhabi Investment Authority, secured by a hospitality portfolio comprised of three nationally known hotels.
Advised long-standing client Affinius Capital in a US$160 million note-on-note financing for 2-building, mixed-use development going up at 300 Nevins Street in Brooklyn.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Steve Gliatta; Jeffrey Kapner; Amy Rifkind
Other key lawyers
Louis Hait