Acquisition, Disposition and Asset Management

Representative Matters

  • Represented restaurant operator/developer in a 24 property sale/leaseback, and simultaneously closed $20,000,000 in loans secured by the assets of entities operating 63 fast food restaurants, including Taco Bell, Kentucky Fried Chicken, T.G.I. Friday’s, Blaze Pizza, Old Chicago and Long John Silver’s.  

  • National and Chicago-based developers in connection with the acquisition, development, construction, leasing, financing and sale of shopping centers and retail properties throughout the United States.

  • A liberal arts college in connection with its acquisition of a new campus facility in Chicago and the sale of an existing campus facility in Evanston, Illinois.

  • A national homebuilder in connection with the acquisition of numerous development sites throughout the Midwest.

  • A national hotel chain in connection with the acquisition of resort and airport hotels throughout the world.

  • A national railroad in conveyances to the City of Chicago of railroad trackage rights over Chicago lakefront property.

  • A national restaurant chain in connection with the acquisition and sale-leaseback of restaurant sites throughout the country.

  • A private developer in connection with the acquisition and development of a hotel property in Chicago and the post-construction sale of the completed hotel asset.

  • A private developer with respect to the site acquisition for the proposed tallest residential structure in the world.

  • A private investment group with respect to the acquisition of a boutique hotel property in Salzburg, Austria.

  • A property owner in connection with the acquisition, development, financing, leasing and sale of  a 1,600-acre air-industrial park located at a former decommissioned U.S. Air Force base in Ohio.

  • A publicly traded development company with respect to the acquisition of numerous sites for the development of major retail centers throughout the Midwest.

  • An institutional lender in connection with the sale of a multi-state office portfolio acquired in connection with its borrower’s bankruptcy.

  • Development of mixed use commercial, hotel and residential project in downtown Chicago. Represented the developer in acquiring the site and amending an existing declaration of covenants, easements and restrictions to enable development of the project and in connection with the site plan approvals.

  • Land acquisition counsel for a local government that acquired more than 2,000 acres of open space.

  • Provided local counsel assistance for the acquisition, including an analysis of the zoning and other entitlements applicable to the site. In addition, provided an analysis of the vertical subdivision, including the respective rights of the office and also provided assistance with the closing, including an opinion of counsel for the assumed financing.

  • Represented client in a complex transaction involving the purchase of a tract of land adjacent to an airport and negotiating with the airport an access agreement, a ground lease, a road easement, and the sale to the airport of part of the purchased land. 

  • Represented the sellers of a large residential portfolio in negotiating the listing agreement for the properties, negotiating the purchase and sale agreement, closing the sale transaction, and resolving a number of transition/post-closing issues.

  • Sale of air rights for major Loop location, in which we provided local counsel assistance, including advice concerning the agreement for the sale of air rights, the zoning approvals being sought by the developer and the developer’s petition to vacate part of their former location.

  • The subsidiary of a publicly traded construction firm in connection with the acquisition, development, financing, and leasing of suburban office buildings, aggregating in excess of 3.5 million square feet of office space, located throughout the United States.

  • Represent real estate fund in the acquisition of $57,800,000 commercial office complex in Norfolk, Virginia.

  • Represented company in the acquisition of well-known Lincoln Park restaurant and bar, and the attached apartment buildings.  Negotiated the asset and real estate purchase agreement, loan documents and lease, and guided client through the municipal approvals including obtaining the licenses and permits required to operate a restaurant and bar.

  • Represented private equity firm in the $210 million acquisition and leaseback of a portfolio of 5 office properties to an international life insurance company and the negotiation of a $136.5 million acquisition loan from a large institutional lender.