Joseph F. Kishel

Significant Representations: Representation of a private equity joint venture in the origination of an aggregate $240 million in equipment leasing, mezzanine and mortgage financing and related preferred equity and profits participation interests in connection with the acquisition of a major new hotel property in Manhattan and the subsequent sale of a $180 million senior tranche of the mortgage loan.; Representation of a major insurance company in structuring and originating in excess of $1 billion in large loan facilities, secured and unsecured, ranging from loans to insurance company separate accounts to loans secured directly or indirectly by cross-collateralized, cross-defaulted pools of commercial real estate assets in various asset classes.; Representation of Hypo Real Estate Capital Corporation in connection with development and construction loans, including an approximately $300 million construction loan for a new residential condominium building in Manhattan.; Representation of The Aladdin/Planet Hollywood Resort Casino in connection with an $820 million refinancing, including restructuring of existing corporate indebtedness, coordination of intellectual property and Nevada gaming issues, ownership structuring and related cash management arrangements.; Representation of Credit Suisse in the $720 million acquisition and redevelopment financing of the Manhattan House condominium apartment project in Manhattan.; Representation of Deutsche Bank in the origination of multiple syndicated corporate credit facilities, mezzanine loan facilities and construction loan facilities in connection with the development, construction and refinancing of the Gaylord Palms Resort and Convention Center in Orlando, Florida and the Gaylord Texas Resort and Convention Center in Grapevine, Texas. The matter included bank syndication, intercreditor, land use, development and construction loan issues.; Representation of Equity One, Inc. in the formation of a joint venture with Investcorp and the refinancing of a $500 million portfolio of shopping center properties in Texas with Goldman Sachs.; Subsequent representation of Equity One, Inc. in the structured disposition of its joint venture interest in the Texas/Investcorp portfolio.; Representation of Stanley C. Gale and The Gale Company in the formation of a joint venture with SL Green Realty Corp. and the acquisition of a $750 million portfolio of office properties in New Jersey, Illinois and Michigan from UBS and Morgan Stanley and the simultaneous financing of the portfolio with preferred equity, mezzanine debt, single-asset mortgage loans and portfolio bridge loans.; Representation of Starrett Corporation in refinancings of residential apartment buildings in New York City.; Representation of Hypo Real Estate Capital Corporation in construction loan financings of condominium developments in Boston and in New York City.; Representation of Taconic Realty Partners in complex ground lease financings and the disposition of a major office property in Manhattan.; Representation of SL Green Realty Corp. in the sale of 1140 Avenue of the Americas.; Representation of the owner of 1930 Broadway, New York, New York, in connection with construction loan financing and permanent loan financing.; Representation of SL Green Realty Corp. in connection with syndicated corporate credit facilities related to its acquisition of Reckson Associates Realty Corp.; Representation of Bear Stearns in numerous mortgage loan financings of significant office and hotel properties in New York and California, including the Tribeca Grand and the SoHo Grand Hotels, 667 Madison Avenue, and others.; Representation of a joint venture between The Gale Company and SL Green Realty Corp. in connection with the recapitalization and refinancing of a $500 million portfolio of office properties.; Representation of Stanley C. Gale and partners in the acquisition and financing of 55 Corporate Drive, Bedminster, New Jersey, including joint venture formation, negotiation of preferred equity investments, issues relating to the leasing of the property to Sanofi-Aventis, the creation of a commercial condominium with respect to future development of additional buildings, and disposition of portions of the investment to Gramercy Capital Corp. and Mack-Cali Realty Corporation.; Representation of Calyon (f/k/a Credit Lyonnais) in connection with its ownership interests in 1301 Avenue of the Americas, including partnership and leasing matters and coordination of tax issues.; Representation of one of the owners of 375 Park Avenue, New York, New York (the Seagram Building) in connection with financing, partnership and land use matters.; Representation of Michael Swerdlow and Swerdlow Real Estate Group in numerous financings and dispositions of shopping center and development properties in Florida and California, including corporate credit facilities, securitized mortgage loan facilities, and ownership and debt restructurings.