Tom Galli represents clients in real estate transactions, restructurings and developments for mixed use, office, retail, stadium, industrial, multifamily, single-family community, undeveloped land, and other types of properties located throughout the country. He regularly represents private equity firms, REITs, pension funds, opportunity funds, insurance companies, asset managers, banks, publicly traded companies, private companies, developers, entrepreneurs, technology companies, nonprofit organizations, and government agencies on a variety of real estate transactions and developments. Tom has represented a number of private equity firms on bids for loan portfolios marketed by the Federal Deposit Insurance Corporation (FDIC) through its structured transactions program, and represents private equity firms on workouts, foreclosures, asset management and other matters for loan portfolios in FDIC structured transactions. Areas of Concentration · Loan restructures, workouts and deed in lieu transactions · Acquisition and disposition of single assets and portfolios · Financing of single assets and portfolios · Permanent, securitized, credit line, construction and mezzanine financing · Leases for office, retail, industrial and other types of properties · Development of mixed use, office, retail, stadium and residential projects · Public-private partnership projects Significant Representations Purchase and Sale Transactions · Represented private equity fund on its acquisition of controlling interest in $420 million loan portfolio secured by approximately 55 limited service hotels located throughout the U.S. in an FDIC structured transaction. · Represented private equity fund on its acquisition of controlling interest in $1.85 billion loan portfolio secured by commercial real estate assets located throughout the U.S. in an FDIC structured transaction. · Represented private equity fund on its acquisition of controlling interest in two loan portfolios having an aggregate principal balance of $800 million and secured by commercial real estate and land located throughout the country, in an FDIC structured transaction. · Represented private equity fund in an FDIC structured transaction on its acquisition of a controlling interest in $341 million loan portfolio secured by commercial real estate and land located throughout the U.S. in an FDIC structured transaction. · Represented private equity fund on its acquisition of controlling interest in two loan portfolios having an aggregate unpaid principal balance of $817 million and secured by commercial real estate and land located throughout the U.S., in an FDIC structured transaction. · Represented private equity fund on its acquisition of controlling interest in $607 million loan portfolio secured by commercial real estate and land located throughout the U.S., in an FDIC structured transaction. Represented opportunity fund led by national asset advisor in acquisition of office building in Washington, D.C. · Represented one of nation's largest industrial REITs in sales of properties throughout the country. · Represented opportunity fund led by national asset manager in acquisition of five office buildings in the Washington, D.C. metropolitan area. · Represented opportunity fund led by major Wall Street investment bank on sale of portfolio of industrial properties in the Mid-Atlantic region. · Represented publicly traded company in acquisition and financing of its headquarters in Washington, D.C. · Represented apartment REIT in acquisition of apartment complexes throughout the country. · Represented specialty REIT in acquisition and financing for portfolios of properties throughout the country. · Represented single-family home and townhouse developers on acquisitions of land and subdivided lots. · Financing Transactions · Represented specialty REIT in $325 million bond/securitized financing secured by 97 properties in 20 states. · Represented apartment REIT in $270 million refinancing and improvement loan secured by 14 properties in 10 states. · Represented apartment REIT in $250 million acquisition and improvement credit line for properties throughout the country. · Represented specialty REIT in $228 million bond/securitized financing secured by 50 properties in 15 states. · Represented apartment REIT in $179 million portfolio refinancing secured by 10 properties in six states, including $145 million in financing provided by Fannie Mae, and $34 million in mezzanine debt secured by partnership interests. · Represented apartment REIT in $150 million portfolio loan secured by 10 properties in six states. · Represented apartment REIT in $150 million acquisition and improvement credit line for properties throughout the country. · Represented apartment REIT in $125 million acquisition credit line provided by Fannie Mae for properties throughout the country. · Represented single-family and townhouse developer on acquisition and construction loans. · Represented New York-based lender on loans and workout of loan portfolio in Mid-Atlantic region. · Represented hotel company on making subordinated construction and permanent loans to hotel developers. Leasing Transactions · Represented numerous REITs, pension funds, insurance companies, developers and other institutional owners on office, industrial and retail lease transactions · Represented numerous tenants in leases for office, retail and industrial space, including publicly traded companies, private companies, law firms, technology companies and nonprofit organizations. · Represented two of the nation's largest REITs in millions of square feet of lease transactions throughout the country. · Represented shopping center REIT in numerous retail leases for malls throughout the country. · Represented advisory arm of major Wall Street investment bank on lease transactions for its funds and clients in the Mid-Atlantic region. · Represented international bank on its headquarters lease for 170,000 square feet of space in Washington, D.C. · Represented pension opportunity fund on full industrial building lease in Baltimore, MD. (2006 Industrial Deal of the Year for Baltimore Area.) · Represented publicly traded company on its headquarters lease in Washington, D.C. (1999 Deal of the Year" for Washington metropolitan area.) · Represented publicly traded consulting company on its headquarters lease for 120,000 square feet in the Washington metropolitan area, and on lease transactions throughout the country. · Represented landlord on full building lease (300,000+ square feet) in Baltimore, MD. (2006 Industrial Lease Deal of the Year" for the Baltimore region.) Development Projects · Represented partnership among international retail REIT, national office REIT and German pension fund on development of 5,000,000 square foot entertainment, retail, office, hotel and minor league baseball stadium project in the Meadowlands Sports Complex, East Rutherford, NJ. · Represented developer on mixed use resort project on Atlantic Coast of Morocco to include seven hotels, two championship golf courses, beach clubs, spas, a village center (retail, restaurants and entertainment), approximately 1,000 condominiums/apartment units and gated estates. · Represented proposed co-developer of mixed-use project to include two office towers, two multi-family towers, first floor retail and five levels of below grade parking, on full city block in Washington, D.C. on site of former George Washington University Hospital Center. · Represented developer on 6,000,000 square foot mixed use project in Manassas Park, VA, to include office towers, residential towers, retail center, hotel tower and conference facility, ampitheater, city hall, library, police station, and monorail system circling project and connecting into heavy rail, with platinum LEEDs certification, in public/private partnership with the City of Manassas Park, VA. · Represented Prince George's County, MD on development of Washington Redskins Stadium in Landover, MD. · Represented Prince George's County, MD in restructuring of ground lease for Capitals Centre/US Airways Arena for redevelopment as retail and entertainment complex. · Represented pension fund in development of luxury residential tower and shared parking structure in mixed use project in Atlanta, GA. Professional & Community Involvement · Capital Area Community Food Bank
- Vice Chairman (1997-2000)
- General Counsel (1995-2000) · Member, American Bar Association · Member, California Bar Association · Member, District of Columbia Bar Association · Member, District of Columbia Building Industry Association · Member, Faculty for ALI-ABA's Modern Real Estate Transactions Conference (July 2003) Awards & Recognition · Selected, a Law360 2011 Real Estate Practice Group of the Year · Listed, Chambers and Partners USA Guide, an annual listing of the leading business lawyers and law firms in the world (2011) · Member, Winning Team, Chambers and Partners USA Award for Excellence in Real Estate (2010) · Rated, AV® Preeminent™ 5.0 out of 5 (Also at Washington, D.C. Office) |