Jaffe, Elizabeth (Betsy)

Elizabeth (Betsy) Jaffe

Partner

betsy.jaffe@lw.com
    Jaffe, Elizabeth (Betsy)

    Elizabeth (Betsy) Jaffe

    Partner

    betsy.jaffe@lw.com

    Profile

    Betsy Jaffe advises key market participants on a full range of commercial real estate transactions across all asset classes, with particular experience representing borrowers and lenders in real estate finance transactions, and helping foreign investors successfully navigate the US real estate market.

    Betsy combines her broad-based experience and sophisticated industry knowledge to advise leading banks, debt funds, private investors, real estate operating companies, private equity firms, and foreign investors on: 

    • Real estate finance (borrower and lender-side), including mortgage loans, mezzanine financing, and construction lending
    • Joint ventures and preferred equity structures
    • Commercial dispositions and acquisitions, including portfolio transactions
    • Restructurings and workouts
    • Real estate aspects of M&A and secured high yield transactions

    A pragmatic problem solver, she serves as a go-to advisor to clients in transactions involving all property types, from hotels and industrial centers to offices, data centers, logistics facilities and mixed-use development projects. Betsy understands the key drivers on both sides of a transaction and leverages her knowledge to help clients expeditiously achieve their commercial objectives.

    Betsy maintains an active pro bono practice, including advising nonprofit organizations on commercial leasing matters.

    Betsy is a member of the Commercial Real Estate Finance Council. A recognized leader at the firm, she formerly was a member of Latham’s Women Enriching Business (WEB) Committee in New York and served on the EEO Board. 

    Experience

    Betsy’s experience includes advising:

    Real Estate Finance

    • The lead lender on the US$911 million refinancing secured by 425 Park Avenue in Manhattan
    • A privately held investment firm on securing US$2 billion in construction financing to support the development of a 17.5-acre, mixed-use urban project in Beverly Hills
    • A global debt fund on a construction loan for ground-up development of a mixed-use project in Coconut Grove, Florida
    • A global real estate investment trust (REIT) on financing its spin-off of 59 office properties into a separate publicly traded net-lease REIT
    • A Japanese bank on its construction lending platform for various ground-up developments across the US
    • The borrower on the acquisition financing of a multi-property mobile home park portfolio
    • A joint venture on refinancing mortgage and mezzanine loans secured by a luxury hotel in Boston, Massachusetts 

    Joint Ventures/Preferred Equity

    • A Middle Eastern investor on acquiring the Intercontinental Barclay New York Hotel through a joint venture structure, together financing for a major hotel renovation
    • A private investment firm in making a preferred equity investment into a ground-up extended stay hotel project in Las Vegas

    Commercial Dispositions and Acquisitions

    • A global real estate investor and operator acquiring an office portfolio in the Washington, D.C. metro area
    • A national hotel owner/operator on acquiring a Times Square hotel

    Restructurings and Workouts

    • A private equity firm on restructuring its hotel portfolio debt in connection with the COVID-19 pandemic

    Qualifications

    Bar Qualification

    • New York

    Education

    • JD, University of Pennsylvania Law School, 2004
      cum laude
    • BA, University of Pennsylvania, 1999
      cum laude

    Practices

    News & Insights

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