Transactions

Key transaction highlights include:

Acquisitions & Dispositions

More than $1 billion in commercial real estate and finance transactions across the country including:

  • ​​​​$338 million acquisition of land portfolio under operating hotels subject to a ground lease in New York City. Deal included a reverse exchange with multiple entity taxpayers

  • $52 million acquisition of split student housing tower in Denver, CO

  • $35 million acquisition and CMBS financing of two power retail centers in Riverside, CA in an exchange

  • $29 million acquisition of an apartment complex in Colorado Springs, CO

  • $15 million acquisition of 7 property corporate portfolio

  • $11 million acquisition of Sprouts anchored center in San Diego, CA

  • $7.5 million acquisition of vacant 15-property portfolio 

  • $6 million acquisition of single tenant leased retail in Temecula, CA

  • $5 million acquisition of vacant office building with 10-day contingency and 20-day closing periods in Dallas, TX

  • $2 million acquisition of apartment building in Portland, OR

Sales

  • $50 million master residential mortgage loan sale platform

  • $24 million sale of industrial building during major renovation with significant post-closing obligations in El Paso, TX

  • $23.25 million sale of a leased fee parcel in a Nashville, TN suburb

  • $17 million sale of a vacant flex office building in Renton, WA

  • $16 million sale of industrial property with unrecorded easement rights of adjoining owner through the site in Kansas City, MO

  • $13.2 million sale of a vacant office building in Tempe, AZ

  • $8 million sale of an institutional property in El Paso, TX

  • $7 million sale of retail development site 

  • $2 million sale of leased fee land in Atlanta, GA

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Commercial Leasing

Numerous commercial leases and renewals for office, retail, medical office and industrial locations including:

  • 10-year single tenant lease to rehab center in Malibu, CA

  • 10-year dental lease in Menifee, CA

  • 10-year cafe lease in North Palm Beach, FL

  • 10-year industrial lease to a non-credit tenant in Los Angeles, CA

  • 10-year retail/showroom lease to a start-up tenant in Los Angeles, CA

  • 5-year retail lease to a national salon chain in San Diego, CA

  • Lease dispute and accounting documentation for preschool in Thousand Oaks, CA 

  • 10-year restaurant lease to a Grand Central Market-style tenant in Los Angeles, CA

  • 10-year creative office lease in Los Angeles, CA

  • 5-year retail lease to a regional chain in North Palm Beach, FL

  • 5-year extension of a preschool lease in Westlake Village, CA

  • 3-year storefront office lease renewal in Menifee, CA

  • 5-year storefront office lease renewal to national chain in Menifee, CA

  • 5-year restaurant lease renewal to national chain in Menifee, CA

  • 1-year salon lease renewal in Wildomar, CA

Construction / Design / CM Contracts

  • $5 million and $10 million high-end residential projects in Malibu, CA

  • Construction management contracts for four high-end single-family residences in Malibu, CA

  • $5 million Gmax general construction contract for a high-end single-family residence in Malibu, CA

  • Various design, architectural and engineering contracts for developments

Corporate Reorganizations / Joint Ventures

  • Corporate reorganization to bring numerous PM obligations under one umbrella

  • JV structuring: deposit sharing, arrangements, buyers

  • Complex litigation strategies and management

  • California Finance Lender licenses for private lending clients

  • $7.5 million preferred equity JV to acquire an apartment complex in Colorado Springs, CO

  • Drop & swap of four apartment complexes from LLC ownership to their members and respective trusts

  • Reverse drop & swap of a grocery-anchored shopping center from family members as tenants-in-common to an LLC

Financings

  • $265 million secured line of credit

  • $85 million revolving line of credit

  • $20 million bank acquisition loan

  • $20 million DIP loan to debtor in bankruptcy secured by real property 

  • $20 million revolving line of credit secured by loans

  • $18 million Texas portfolio refinance (See More)

  • $13 million loan from a debt fund to acquire 9 property student housing portfolio in Los Angeles, CA

  • $7 million construction loan for high-end single-family residence in Malibu, CA

  • $6 million construction loan for apartment complex in Los Angeles, CA

  • $3 million private bridge loan secured by a Beverly Hills residence

  • In-kind transfers between brothers to split portfolio

Rapid Response to COVID-19

  • Negotiate forbearances with lenders

  • Advise owners and tenants on COVID rent relief and force majeure matters

  • Advise owners and tenants on COVID safety protocols

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Allen Law Group has completed more than $1 billion in commercial and residential real estate acquisitions and sales across the country working closely with clients to structure deals that mitigate risk and tax implications.