Justin C. Elliott

Justin’s experience includes advising:

Joint Ventures

• A global investment firm in connection with the formation of multiple joint ventures to acquire fee and/or equity interests in multiple portfolios of multifamily residential properties in Texas
• A global investment firm in connection with the joint venture and related acquisition of a partially built office tower in Dallas, Texas
• A non-US publicly traded real estate developer in connection with numerous joint ventures and related acquisitions and financings of development sites and related multifamily developments with numerous multifamily real estate developers throughout the United States
• An asset manager in connection with the formation of a joint venture with three senior self-storage operators for the creation of a self-storage platform to acquire and operate 100+ self-storage facilities across the USA
• A global investment firm in connection with the joint venture and acquisition of a controlling interest a national affordable housing owner, operator, manager, and developer
• An alternative investment manager in connection with the formation of a joint venture to acquire manufactured housing communities throughout the US
• A family office in connection with the formation of a joint venture to acquire and develop multifamily properties in Washington, D.C.
• An alternative investment manager in connection with its joint venture and related acquisition of a 1.5 million square foot Class-A office tower in Chicago
• A multifamily investment company, as a sponsor, in connection with the formation of a platform joint venture to acquire and manage multifamily properties throughout the US
• An alternative investment manager in connection with the formation of a multi-party, multi-tiered joint venture to acquire and develop infrastructure-adjacent logistics warehouses in the greater-Charleston, South Carolina area
• An alternative investment manager in connection with the formation of a programmatic joint venture to acquire infrastructure-adjacent logistics warehouses located throughout the US
• A sponsor in connection with the formation of a multi-party, multi-tiered programmatic joint venture to acquire, develop, and operate student housing facilities in New York*
• A non-US pension fund and a non-US investor, each separately in connection with separate joint ventures as part of an investment fund with a prominent New York developer for the development of a 2.8 million square foot commercial building in the Hudson Yards district of New York City*
• A non-US endowment fund in connection with the formation of a multi-party, multi-tiered, programmatic joint venture to acquire, develop, and manage senior care facilities in the US*

Financings and Restructurings

• A privately held real estate company in connection with its recapitalization of a 55-floor multifamily tower in the Downtown Brooklyn, including buying out an existing joint venture partner and entering into a preferred equity operating agreement with a real estate private equity manager
• An alternative investment manager in connection with a multi-draw mortgage loan facility in an initial amount in excess of US$540 million to be secured by logistics warehouses located throughout the US
• An alternative investment manager in connection with a US$581.5 million mortgage and mezzanine financing secured by eight multifamily properties located in five states
• An alternative asset manager in connection with a US$228.8 million mortgage financing secured by a ground leasehold interest in an office building located in New York City
• A publicly traded REIT in connection with a US$600 million CMBS mortgage and mezzanine financing secured by 34 medical office buildings located in 13 states*
• A real estate investment company in connection with a US$300 million credit facility to be used for the acquisition and repositioning of single family rental homes and secured by the indirect ownership interests in such homes*
• A private equity-owned provider of post-acute healthcare services in connection with a US$400 million bridge loan secured by 28 skilled nursing facilities and affiliated operating company leases*
• A non-US private investment group in connection with a US$503 million mortgage financing secured by three hotels in New York City, Washington, D.C., and Bal Harbour, FL*
• A publicly traded global real estate and investment management firm and a publicly traded REIT, collectively as a joint venture borrower, in connection with:
  • US$850 million CMBS mortgage loan financing secured by interests in 47 hotels in 16 states*
  • US$780 million refinancing secured by interests in 48 select service, extended stay, limited service hotels in 21 states*
• A publicly traded global real estate and investment management firm as borrower in connection with 10 separate loans from five different life insurance company lenders totaling approximately US$700 million in mortgage loan financing proceeds and secured by light-industrial property portfolios in various states*
• A private equity fund and its joint venture partner, collectively as borrower, in connection with the mortgage and mezzanine construction financing of a residential development project in Washington, D.C.*
• A private equity fund and its joint venture partner, collectively as borrower, in connection with the mortgage and mezzanine construction financing secured by a hotel development project in New York City*
• A private debt fund as lender in connection with the acquisition and mortgage and mezzanine construction financing, loan-to-equity conversion option, and multiple subsequent loan upsizings and modifications, relating to the acquisition and repositioning of landmarked buildings and related parking facilities in Detroit, MI, and subsequent workout/loan modifications relating thereto*
• A publicly traded global real estate and investment management firm and its joint venture partner, collectively as borrower, in connection with the workout/loan modification of a mortgage and multiple mezzanine loans relating to interests in 20 hotels throughout the US*

Acquisitions, Dispositions, and M&A

• A publicly traded REIT in connection with a US$1.6 billion sale to a publicly traded investment manager
• An alternative investment manager in connection with the US$5.65 billion joint venture, acquisition, and related financing of The Cosmopolitan Hotel in Las Vegas
• A publicly traded real estate developer in connection with its US$2.1 billion acquisition of a specialty re/insurer
• An international investment bank in connection with the lender-directed sale of an office building in New York
• An international AI and computing company in connection with its US$767 million sale
• A publicly traded REIT in connection with its US$5.65 billion sale of a marina business to an alternative asset manager
• A private debt fund on the acquisition of a distressed mortgage loan secured by a hotel in San Francisco, California, the related back-leveraged financing, and the subsequent foreclosure and renegotiation of various hotel management and franchise documents
• An alternative asset manager on the joint venture and related acquisition of two nonperforming loans encumbering 75 mixed-use multifamily residential properties in San Francisco, California, and the subsequent foreclosure on such loans
• An alternative asset manager in connection with the acquisition of 59 motorway rest stops located in eight states
• An alternative investment manager in connection with the acquisition of portfolios and single asset infrastructure-adjacent logistics warehouses throughout the United States
• A publicly traded global real estate and investment management firm in connection with an approximately US$17 billion tri-party merger of equals to create a public company with approximately US$58 billion of assets under management*
• A family-owned real estate company in connection with a US$690 million sale of 24 rental apartment buildings in New York City*
• An investment bank in connection with a US$956 million sale of an industrial portfolio with locations across the US*
• A sponsor of a joint venture in connection with the acquisition of a student housing building located in New York City*

*Matter handled prior to joining the firm