Rachel Bates is a partner in the Real Estate Practice.
Ms. Bates serves a broad range of clients in complex real estate transactions, including representing hotel owners and operators in connection with the disposition, acquisition, development, financing, ownership, and management of their hotel, resort, and gaming properties.
She also has experience representing operating companies, real estate investment trusts (REITs), private equity sponsors, pension funds, and other institutional investors in structuring, negotiating, and forming joint ventures and other investment vehicles for acquisition (asset and entity level), financing, and/or development of all property types.
Additionally, Ms. Bates has experience representing borrowers in negotiating mortgage and mezzanine acquisition, construction, interim, and permanent financing for office buildings, hotels, and multi-family properties as well as representing private equity funds in acquisition of distressed debt. She further represents financial institutions, developers, and property owners in workout negotiations, restructurings, and other transactional resolutions to distressed debt situations.
Ms. Bates has been recommended for her work in Leisure & Hospitality by Chambers USA 2018 – 2020, her work in Real Estate by Chambers USA 2020, and for her work in Real Estate by The Legal 500 US 2017 – 2018. She was honored as a Rising Star for Hospitality by Law360 2017.
Ms. Bates is a member of CREW Chicago and of the firm’s Steering Committee for WEB (Women Enriching Business).